It is indisputable that the SEC's approval of the first Bitcoin ETFs opened another door for investors. The consequences are visible, and the cryptocurrency market, in which new opportunities always arise, never stops. Ethereum ETFs, for example, are under analysis, and they may be approved soon.
Another project that is attracting traders' attention is WW3 SHIBA. This memecoin full of potential is expected to be listed on the main DEX and CEX. Experts predict that this SocialFi, GameFi, and Memecoins meeting will see its price rise by 580% during the presale.
With Bitcoin ETFs, cryptocurrencies have open doors to enter the traditional financial system
Bitcoin had a very favorable start this year. It's no secret that the approval of the 11 ETFs by the SEC brought benefits to digital currency. This decision was important for the crypto-active market, as it finally created a bridge with the traditional financial system. According to the president and co-founder of Anchorage Digital, this symbolizes the transition of cryptocurrencies from an emerging asset class to a more official one.
Trading Bitcoin on a stock exchange legitimized the most valuable cryptocurrency on the market. With a notable market capitalization of over $1.33 trillion (at the time of writing), this has also created new opportunities for investors. New targets have been set for other cryptocurrencies through token ETFs.
Ethereum ETFs and their approval will be another essential step for cryptocurrencies.
With an abrasive $376 billion (at the time of writing), Ethereum's native token is the second-largest cryptocurrency in terms of market capitalization. That said, the asset is waiting its turn. The approval of Bitcoin ETFs took approximately 7 long years to happen. But luckily, Ethereum ETFs should take much less time.
The approval of an Ethereum ETF would make it much easier for investors to access Ether, both institutional and individual. This would occur in a regulated manner, with lower volatility. Therefore, everyone is waiting for a position from the SEC. This could greatly affect the ecosystem, including the price of digital currency. Furthermore, it would be a positive sign for other altcoins to be listed on the stock exchange.
Ethereum and Bitcoin are fighting hard to become part of the traditional financial system. On the other hand, WW3Shiba takes advantage of the latest technology. With an exciting Play-to-Earn (P2E) model, players will be able to win tokens, cash prizes, and exclusive NFTs, all simply by participating in the game and completing missions. Each player will take on the role of a friendly canine hero, battling to save the world from a global threat.
There are many possibilities within the game's ecosystem and the platform's digital currency is one of them. Currently, in its first presale phase for just $0.001, this memecoin is already showing its potential, with experts predicting an appreciation of up to 580%. WW3Shiba proposes a combination of SocialFi, GameFi, and Memecoins with a social commitment. The project will allocate 2% of all transactions to charities that help dogs affected by armed conflicts. In other words, in addition to the incredible possibility of earning up to 90% APR (Annual Percentage Rate) when participating in staking, you can contribute to a noble cause that will benefit canine friends.
Website: ww3shiba.com
Twitter: https//x.com/WW3SHIBA
Telegram: https://t.me/ww3shiba_portal