Meme coins on Ethereum rocket as traders search for Ether beta bets

A bunch of Ethereum ecosystem tokens rocketed in the past 24 hours after two Bloomberg analysts raised their odds on the approval of spot ether (ETH) exchange-traded funds (ETFs) in the U.S.

The frog-themed Pepe (PEPE) surged more than 26%. FLOKI, DOGE, and SHIB added 11%, 4%, and 3%, respectively.