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Meme Coins MOG, PEPE Rocket as Traders Search for Ether Beta Bets

Meme coins are increasingly seen as a way to bet on the growth of the network they are issued on.

By Shaurya Malwa|Edited by Sheldon Reback

Updated May 22, 2024, 5:16 a.m. Published May 21, 2024, 8:32 a.m.

image of a crypto trader aka degen (Anjo Clacino/Unsplash, modified by CoinDesk) — Traders are buying meme coins on Ethereum in anticipation of spot ether ETF approval. (Anjo Clacino/Unsplash, modified by CoinDesk)