There is growing belief in the crypto market that spot ETFs will be approved by January 2024. Ahead of the potential approval of a spot ETF for Ethereum, a top crypto analyst has shared his price prediction for ETH. He also shared hyper-bullish predictions for Solana and a new altcoin shaking up the crypto space.

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A Spot Ethereum ETF Could Push Price To $28,000

In November, BlackRock filed for a spot ETF for the Ethereum coin to extend its push into the crypto space. Recently, a Bloomberg analyst, James Seyffart announced that all the applications for spot ETF products would be approved by the SEC come January 2024.

The news has sparked excitement in the crypto space, with market analysts giving bullish predictions. TheStreetCrypto’s Austin Arnold explained in a recent interview that the Ethereum coin price could skyrocket after approval. He added that the ETF will increase the presence of institutional investors buying into the Ethereum crypto.

Because of this, Arnold predicted that the Ethereum value could jump as high as $28,000. However, his logical Ethereum price prediction sets a target at $10,000. Ethier way, the ETH could experience a significant jump when a spot ETF product is approved.

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$1,000 is Possible for Solana (SOL) By 2024

Solana is another altcoin that has gained bullish momentum. According to Raoul Pal, the Solana coin is one of the best cryptos to buy in the coming bull market. He has remained bullish about SOL because of the fast network and scalability.

Pal recently stated that the Solana crypto is relatively more user-friendly than Ethereum. While he initially predicted that the price of Solana could reach $400, recent updates suggest that SOL could trade higher than this target.

According to Jacob Canfield, the Solana token could outperform Ethereum in the coming bull market. Based on his Solana prediction, the altcoin could easily see $1,000 per coin in the coming bull market.

Meme Moguls To See Meteoric Rise in the Coming Bull Market

Like Solana, Meme Moguls (MGLS) has gained attention from bulls in the crypto market. Because of the unique offering of the project, it has also gained support. In the last week, the project has raised more than 250,000 USDT for the development of its ecosystem.

Meme Moguls has gained this much traction in a short period because it just introduced the first stock exchange marketplace for the meme sector. In the Moguls Exchange Trading Platform, users will get access to the widest variety of meme-inspired assets.

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The platform is designed to help traders maximize their profits from trading memes. As a result, users will gain access to professional trading materials, insights, and analysis to help users improve their meme collection skills.

It also features a Meme Moguls Fantasy Trader section, where traders can compete for rewards with fellow users. The rewards are in the native token of the ecosystem, MGLS. The price of the MGLS token recently increased to $0.0021 during its presale.

As the first first meme-backed stock market/exchange, there have been bullish predictions for MGLS. Analysts have predicted a 1,000% price increase during the forthcoming crypto bull market.

For more information about the Meme Moguls (MGLS) presale:

Website: https://mememoguls.com/

Buy presale: https://app.mememoguls.com/sign-up

Twitter: https://twitter.com/meme_moguls