As the Ethereum (ETH) 
$2,358 price hovers around the $4,500 mark, recently testing $4,487, the upward momentum offers significant support for altcoins within its network. Significant milestones, like testing the $4,100 threshold and embarking on an all-time high (ATH) trajectory, have already been achieved. The critical question now is which Ethereum altcoins will soar alongside ETH on this bullish journey?
Ethereum Altcoins Surge
The ETH price continues its journey towards the $4,800 target, having recently hit a new local peak at $4,487. The momentum has been propelled by the news of massive ETH reserves worth billions, and over $1 billion entered the ETF market just yesterday. This scale, when compared to ETH’s market cap, resembles Bitcoin 
$76,215‘s (BTC) daily influx of $5-6 billion, marking a significant event in the crypto landscape.
As the price of the altcoin king rises, a belated yet anticipated rise in other popular cryptocurrencies within the network is expected. Let’s delve into a few prominent contenders that could elevate in this wave.
ENS and LDO Coins
ENS Coin, a leader in the naming service sector, is integral to the Web3 narrative. The price uptrend in ETH has triggered a recovery here, with a $1 increase today. However, this is just the beginning; should ETH’s ascent persist, ENS Coin might swiftly achieve peaks between $33 and $50, with the primary resistance being at $33.
For LDO Coin, SEC‘s approval of liquid staking tokens was highlighted days ago. The price was around $1, with mentions of testing ranges from $1.3 to $1.5 rapidly. The combination of rising ETH and staking approval reached a high of $1.62 today. If the support at $1.5 channel sustains, newer heights towards $2.12 and $2.49 could be on the horizon soon. Interest in ETH is expected to draw more attention to the LDO platform.
PEPE Coin
PEPE Coin, a prominent meme coin within the network, holds the third spot among popular altcoins. While risk appetite for meme coins hasn’t fully recovered, a strong correlation between ETH and PEPE exists. We should anticipate a rapid rise, albeit delayed.
PEPE Coin aims for $0.0000125, maintaining $0.0000112 as support. Above this, targets include $0.0000142 and $0.0000168. Breaching the final barrier could see PEPE Coin soaring to the $0.00002-$0.0000266 range.
