$PEPE is worth keeping an eye on, as an ETF catalyst may be coming up.
The latest amendment to PEPE's ETF filing, dated 10.2, has been updated again. If the ETF really gets approved, I think there could be at least 2x upside.
Lately, the market has been focused on crypto stocks and privacy coins, and people are getting a little tired of the same themes.
By contrast, there hasn't been a major new catalyst for the Meme sector in a long time. The last MEME coin ETF was DOGE's, but that was during a bear market, so the market wasn't interested.
If PEPE really gets an ETF channel, its scarcity will become obvious overnight, and funds may well flow back into the leading Meme coins.
So if $PEPE sees a decent pullback later on, I may consider picking some up.
The latest amendment to PEPE's ETF filing, dated 10.2, has been updated again. If the ETF really gets approved, I think there could be at least 2x upside.
Lately, the market has been focused on crypto stocks and privacy coins, and people are getting a little tired of the same themes.
By contrast, there hasn't been a major new catalyst for the Meme sector in a long time. The last MEME coin ETF was DOGE's, but that was during a bear market, so the market wasn't interested.
If PEPE really gets an ETF channel, its scarcity will become obvious overnight, and funds may well flow back into the leading Meme coins.
So if $PEPE sees a decent pullback later on, I may consider picking some up.
