THIS ALTCOIN SUPERCYCLE WILL MAKE US ALL RICH

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Издатель Jun 11, 2024

What a lot of people don’t realize is that while the Ethereum ETF has been accepted, it hasn’t officially launched yet. They’re still wrapping up the paperwork, and we’re looking at a potential launch in late June or early July. This is a big deal because once it launches, a Spot ETF will actually take Ethereum off the market. It's all about supply and demand—less Ethereum available for everyone means we could see a price increase. We're not there yet since they’re still finalizing things.

Interestingly, there’s a report that looks back at how the Bitcoin ETF performed and uses that to make predictions about the Ethereum Spot ETF. We're talking about billions of dollars flowing into Ethereum within the first five months. That’s billions in Ethereum being moved out of the open market and into these ETFs.

Personally, I’m not too focused on the percentage gains of Bitcoin and Ethereum because these cycles are pretty common in crypto. Typically, as Bitcoin and Ethereum lose liquidity, altcoins start to take off. This isn’t just speculation; it’s very predictable and has happened time and time again. Just look at the top 10 altcoins from the last cycle—they all followed the same pattern. It's fascinating to watch these cycles repeat.