The prospect of a spot Bitcoin ETF and the entrance of institutions like BlackRock into the crypto space has been one of the most bullish catalysts for the market in recent weeks.
The rise in the Bitcoin price – hitting a November high of $38.1k on the 9th and up 35% in the past month – has also spurred on altcoins and new meme coins like ETF The Token (ETF) to even higher gains.
3 Best Meme Coins To Buy
With older meme coins Dogecoin and Shiba Inu relatively quiet, and the Pepe price still in the doldrums following a multisig wallet rugpull by members of its team, the crypto ETF narrative may be the best bet for meme coin traders.
Here are three new meme coins following that meta to watch for altcoin season:
ETF The Token (ETF)
Since its Uniswap listing on September 1st, $ETF rose over 157,000%, mimicking the rapid explosive uptrend of Pepe (PEPE) in April.
ETF The Token has benefitted from the backing of some of the most popular names on crypto Twitter, including CryptoISO (132k followers), Zoran Kole (111k followers) and Ameba (22k followers).
$ETF dipped a lot more than I expected but the narrative still exists.
— CryptoISO (@crypto_iso) November 13, 2023
Pretty big dip to scoop if you have the mindset that it will inevitably happen and will be the dominate news item again. pic.twitter.com/sad4laBH9R
While $ETF has now dipped back to the $0.20 region, a 60% correction from the top, analysts are optimistic that’s a healthy and relatively standard correction for a new meme coin on a heater.
The project’s website writes: ‘ETF The Token stands as the bridge between memetic value and one of the most pivotal catalysts the cryptocurrency realm has ever witnessed’.
Learn more about $ETF at etf.live.
Find the latest price chart on DEXTools.
ETH ETF Token (ETHETF)
The Bitcoin ETF narrative isn’t the only headline maker in November – BlackRock has also filed for an Ethereum spot ETF, news which sent the Ethereum price over $2,000 to well above whale sifu.eth’s liquidation price (although he limited out of the position just in time).
Aiming to capitalize on the Ethereum FOMO is ETH ETF Token, a new Uniswap coin listed today in an apparent stealth launch.
While it’s still early days for this new meme coin, its trading volume has already exceeded $1 million within minutes of its listing, with $1.33M in liquidity.
The project’s website writes: ‘An SEC approval would place Ethereum amongst Gold and Silver as a bonafide financial asset. ETHETF Token celebrates this momentous achievement and rewards our token holders.’
Learn more about $ETHETF at ethetftoken.io.
Find the latest price chart on DEXTools.
Bitcoin ETF Token (BTCETF)
Bitcoin ETF Token is headed to Uniswap soon following the conclusion of its presale, which is currently ongoing and so far has raised close to $600,000.
$BTCETF has been positively reviewed by some of the largest crypto influencers on YouTube, including Austin Hilton (235k subscribers), Michael Wrubel (310k subscribers), and No Bs Crypto (38k subscribers).
Cointelegraph also recently featured the new meme coin. Read our early review of $BTCETF here.
The project’s website writes: ‘The roadmap for Bitcoin ETF Token is linked to real-life Bitcoin events. BTCETF tokens are burned and staking rewards are increased as every Bitcoin ETF milestone is reached.’
This new meme coin’s staking APY is currently over 400%.
Learn more about $BTCETF at btcetftoken.com.