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21Shares Files to Stake Its Spot ETH ETF – Crypto Bull Run Incoming?

Best Altcoins to Buy as 21Shares Files to Stake Its Spot ETH ETF – Crypto Bull Run Incoming?

Bitcoinist
by Bitcoinist
7 months ago
·
Posted in Altcoin News, Crypto News
Trusted Editorial content, reviewed by leading industry experts and seasoned editors. Ad Disclosure

Earlier today, CBOE BZX Exchange filed for 21Shares to stake its spot $ETH exchange-traded fund (ETF), sparking optimism of a crypto bull run.

If approved, 21 Shares would break new ground, so it’s not surprising that the 24-hour trading volume for $ETH has shot up by ~35% alongside the news spreading. 

Reason for the hype is that it’s anticipated to attract more eyes of institutional investors and uplift the industry at large.

As the excitement continues, we anticipate new altcoins that also have novel values – like $BTCBULL and $MEMEX – to jump during the crypto bull run. 

1. Bitcoin Bull ($BTCBULL) – Will Airdrop Bitcoin Every Time $BTC Breaks a Record

First on our list is Bitcoin Bull ($BTCBULL), and for good reason. It’s a perfectly titled bullish crypto project owing to dishing out $BTC every time the crypto leader breaks a new record ($150K, $200K, $250K, and so forth). 

Considering $BTC has nearly doubled since last year, winning the world’s largest cryptocurrency might just be a stone’s throw away. 

Plus, it’s not just $BTC that’s up for grabs. When Bitcoin reaches $250K, a hefty $BTCBULL airdrop awaits the most dedicated community members (10% of the total token supply is set aside for this purpose).

Bitcoin Bull tokenomics
Source: Bitcoin Bull

To reap the rewards, all you need to do is connect Best Wallet to the Bitcoin Bull presale website, purchase $BTCBULL (currently at $0.00236), and wait for Bitcoin’s price to spike. 

You can also accumulate extra $BTCBULL by staking the token at an impressive 357% APY. 

2. Catslap ($SLAP) – Virtually Slap Top Meme Coins to Snag Token Rewards

Also predicted to fly high during the highly anticipated crypto bull run is $SLAP, which opens access to the world’s first-ever slap-to-earn game, Catslap, where a hefty amount of tokens can be won. 

To snag free crypto, all you need to do is play the game and act as a virtual cat to slap top meme coins (like $DOGE and $SHIB). If successful, you’ll rank up the slapometer (the project’s leadership board) and win $SLAP in return. 

The first ever slap-to-earn game, Catslap
Source: Catslap

The slapometer plays a prominent role in the ecosystem. Every time it reaches certain milestones (depending on how many slaps take place and $SLAP coins are unstaked early), a portion of the token’s total supply is burned (taken out of circulation). 

Rarer coins often attract attention because they are harder to accumulate, possibly making their prices jump.

Further attracting eyes to Catslap is ‘Slap Drop.’ Here, you can earn more $SLAP by completing social tasks and interacting with memes on Zealy (but you must download the Best Wallet app first). 

To get started, buy $SLAP on the official site for $0.00113096 or on MEXC for $0.0010. Considering we predict its price will hit $0.0135 at the end of the year, and that it’s advocated by the popular YouTuber Crypto ZEUS (who has 85.3K subscribers), now signals a great time to buy. 

3. Meme Index ($MEMEX) – Linchpin to the First Decentralized Meme Coin Indexes

Another one of the best presales is Meme Index ($MEMEX), the backbone of the world’s first decentralized meme coin indexes currently in development. 

But there’s a catch: only $MEMEX holders will get access to them once they go live. 

These meme coin baskets will be worth checking out because they cater to each trader’s risk tolerances, regardless of their needs. 

For example, Meme Titan Index is the most conservative approach because it highlights the top eight meme coins, whereas the Meme Frenzy Index is laden with high-risk coins that would yield the greatest returns.

Meme Titan Index
Source: Meme Titan

An extra  bonus is that more $MEMEX can be accumulated through 632% staking rewards, of which 25% of the total token supply is set aside. 

To top it off, 20% of $MEMEX’s full amount is also allocated to governance and voting, so you can vote on your favorite memes to be featured in the Meme Frenzy Index and upcoming baskets.

Joining the presale is easy. Head to the official Meme Index website, connect your wallet to the widget, and buy $MEMEX for $0.0161637 using either $ETH, $USDT, $BNB, or fiat. 

4. Stobox Token ($STBU) – Low-Cap Entry Into the Rapidly Growing RWA Industry

Last but not least is $STBU, whose daily trading volume is up by 39.57% owing to its distinct use cases. 

$STBU is a digital currency in the Stobox ecosystem, which entails blockchain services and tools, including the Stobox Dashboard and DS Swap. 

It pays transaction costs and commissions, rewards dedicated users, and provides governance and tokenization services.

Also making it a valuable purchase during a crypto bull run is its tokenization service. Stobox turns real-world assets (RWAs) like property and shares into digital assets, leveraging $STBU in the process. 

The Stobox tokenization solution
Source: Stobox

Given that the RWA market is predicted to exceed $50B by the end of this year, the tokens are a cost-friendly entry point into a flourishing market that shows no signs of slowing down. 

Join the trend by purchasing $STBU for approximately $0.013 on major centralized exchanges, including Binance and KuCoin. 

Will Staking Spot ETH ETFs Spark a Crypto Bull Run?

The anticipation of soon being able to stake 21Shares spot $ETH ETF is attracting attention, pointing at a crypto bull run potentially being just around the corner. 

It could significantly boost Ethereum’s overall adoption and have a ripple effect in the entire crypto realm.

Also attracting attention to the development is that it’d be the first of its kind to do so. In the crypto space, investors are keen to get their hands on what’s typically hard to attain, which is why novel coins like $BTCBULL and $SLAP are also poised to rocket. 

Nonetheless, this isn’t investment advice. Always DYOR before making investments and never invest more than you’d be sad to lose. 

Editorial Process for bitcoinist is centered on delivering thoroughly researched, accurate, and unbiased content. We uphold strict sourcing standards, and each page undergoes diligent review by our team of top technology experts and seasoned editors. This process ensures the integrity, relevance, and value of our content for our readers.
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