FLOKI and PEPE Pick Up Momentum Ahead of Upcoming ETH ETF Launch

Floki and Pepe Rally Ahead of Ethereum ETF Launch

Floki and Pepe experienced remarkable gains in the first half of 2024. Floki surged 1,228%, while Pepe soared 2,006% during this period.

Traders anticipate that the crypto rally will continue following the launch of the ETH ETF on July 23. According to Bloomberg's senior ETF analyst, Eric Balchunas, the ETF launch is imminent. This has prompted increased attention from crypto users towards Ethereum and its ecosystem, including Floki and Pepe.

Floki Inu and Pepe have emerged as leaders in the memecoin sector during the current bull market. These Ethereum-based tokens have performed exceptionally well, delivering significant returns in the first half of 2024.