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Ethereum ETF Approval Odds Underrated, Memecoins Nearing Peak

Ethereum ETF Optimism

Analyst Altcoin Psycho believes the market is underestimating the likelihood of a spot Ethereum (ETH) exchange-traded fund (ETF) being approved. He predicts a significant price surge if an ETF is approved.

Memecoin Decline

Altcoin Psycho also expects a shift in market focus from memecoins to blue-chip crypto projects. He believes memecoins have served as a gateway for investors but are nearing their peak.

AI Bubble

Despite calls for a burst in the artificial intelligence (AI) sector, Altcoin Psycho believes it’s still in its early stages. He predicts a speculative mania driven by the success of a few surviving AI startups.