Recent halving of Bitcoin has attracted attention for potential price increases, but the anticipated surge has not yet materialized. Investors are now looking towards altcoins like Ethereum, Shiba Inu, and Terra for opportunities.

Considering Ethereum Investment

The introduction of Franklin’s ETF under the name EZET at the US DTCC sparked excitement in the crypto space. Ethereum (ETH) saw a price recovery of over 3% after a period of decline, currently trading at $3,247. While investors deliberating on purchasing ETH, they are wary of past all-time highs and recent peaks.

Shiba Inu's Potential

SHIB remains a contender in the meme coins category, with recent surges in burn rate and market attention. Despite these developments, SHIB price has not risen as expected and is trading at $0.00002471 following a 3% drop. Innovations like Shibarium and Layer-3 are seen as efforts to elevate SHIB's value.

Terra (LUNA) Price Analysis

Following significant disruptions caused by Do Kwon and the Terra Foundation, LUNA experienced declines and failed to recover from a historic peak. Currently, LUNA is trading at $0.6147, showing a modest decrease of 0.82% over the last 24 hours. Its market cap has dropped to $444 million, ranking it 150th in the market.

These updates were sourced from COINTURK NEWS' coverage on Key Developments in Cryptocurrency Markets.