Top cryptos eye spot ETFs, upgrades after triple-digit returns; meme coin risks ahead
• Ethereum (ETH) could see continued momentum due to potential spot ETF approval and network upgrades like EIP-4844.
• Solana (SOL) recently surpassed Binance's token in market cap and is seen as a top Ethereum alternative, especially after collaborating with Filecoin.
• Shiba Inu (SHIB) disappointed in 2022 and faces declining novelty as new meme coins emerge, making its popularity both a strength and vulnerability.
• Bitcoin (BTC) and top cryptos saw triple-digit returns in 2023, but risks still abound of lower lows if selling pressure returns.
• Investor fears and bullish catalysts persist in the crypto market, from halvings to spot ETFs and potential interest rate decreases.