ETFs
Crypto Analyst Says ETFSwap (ETFS) Will Lead 2024 Bull Run Ahead of Dogecoin (DOGE) and Shiba Inu (SHIB) – Blockchain News, Opinion, TV and Jobs
A crypto analyst has predicted that ETFSwap (ETFS) will lead the next 2024 bull run, potentially overtaking Dogecoin (DOGE) and Shiba Inu (SHIB).
A crypto analyst has revealed the next crypto project expected to lead the 2024 bull run, outpacing leading cryptocurrencies like Dogecoin (DOGE) and Shiba Inu (SHIB). According to this analyst, ETFSwap (ETFS) has positioned itself as a pioneer of the next bull market, attracting the attention of institutional investors and crypto enthusiasts.
Dogecoin (DOGE) Volatility Indicates Stagnation
According to data As of IntoTheBlock, Dogecoin (DOGE) has been trading sideways for the past few weeks. Cryptocurrency price fundamentals have shown some volatility, marked by sporadic declines followed by modest gains.
IntoTheBlock also revealed that Dogecoin (DOGE) recorded its lowest price level in the last 30 days. The on-chain analytics platform attributed the cryptocurrency’s unstable performance and lack of action to low volatility. This implies that the cryptocurrency has seen a decline in interest from speculators and short-term traders, which could lead to price stagnation.
CoinMarketCap recorded a 4.37% decline in the dog-themed meme coin over the past month, highlighting Dogecoin’s failure to overcome bearish resistance. At the time of writing this article, the price of the cryptocurrency is trade to $0.15, marking a 3.78% decline over the past seven days.
Shiba Inu (SHIB) experiences price fluctuations
Similar to Dogecoin (DOGE), the Shiba Inu (SHIB) price has recently experienced a series of unpredictable declines and gains. According to data According to market research platform Santiment, Shiba Inu’s daily active addresses fell by 50% earlier this month.
After experiencing a 2.98% price increase over the past month, the cryptocurrency has fallen again by 0.58% over the past seven days. This price fluctuation is typical of meme coins, which are very sensitive to small changes in market sentiment and social trends.
Despite multiple predictions of a substantial rise as the bull market begins, Shiba Inu price fundamentals have been less than impressive of late. At the time of writing, the cryptocurrency is trade at $0.000023, unable to retrace its previous March high of over $0.00004.
ETFSwap (ETFS) Sets the Stage to Lead the 2024 Bull Run
ETFSwap (ETFS) has been gaining a lot of traction lately, attracting attention from the broader crypto market. Unlike Dogecoin (DOGE) and Shiba Inu (SHIB) which are currently experiencing high price volatility, ETFSwap (ETFS) is experiencing a surge, seeing a steady increase in users and investors.
Analysts predicted that ETFSwap (ETFS) will potentially spearhead the next bull run in the current market cycle. This prediction is attributed to the crypto platform’s underlying fundamentals and its outperformance over the past few weeks.
Ahead of its ongoing presale, ETFSwap (ETFS) conducted a private fundraising round, which raised more than $750,000, reaching the project’s financing goal. Additionally, the trading platform saw a massive increase in demand for its native token, ETFS, as over 80 million tokens were sold in the first stage of its presale.
The sentiment surrounding this crypto project is also driven by its innovative approach to decentralized commerce. ETFSwap (ETFS) currently offers regulated and institutionally listed exchange traded funds (ETFs) for trading. Users of this platform can buy and trade a wide range of exchange traded funds (ETFs), including the infamous Spot Bitcoin ETF, Leveraged ETFs, Fixed Income ETFs, Commodity ETFs , as well as cryptocurrency futures and spot ETFs.
Furthermore, ETFSwap (ETFS) offers users highly sophisticated trading solutions as well as real-time performance monitoring tools for ETFs. This platform also offers a safe and reliable trading environment for users to execute trades and manage their ETFs.
Through the use of blockchain technology, ETFSwap (ETFS) aims to fully exploit the potential of tokenized ETF trading while ensuring security and transparency for users. This platform also offers perpetual futures and options offering traders up to 50x leverage on all ETFs listed.
As a decentralized exchange, ETFSwap also offers anonymous trading options, allowing users to keep their identities private when making trades. Unlike traditional ETF platforms, there are no KYC requirements on ETFSwap. This speeds up the process of opening an account and limits the ability of third parties, such as financial institutions and authorities, to intervene.
With anticipation surrounding ETFSwap preparing to lead the next bull run, investors are taking advantage of its ongoing presale to purchase tokens at a lower price. Early investors can potentially reap more profits as the value of ETFS tokens gradually increases as the platform scales.
Currently, cryptocurrency is priced at $0.00854 in the first pre-sale phase. However, in the second presale, ETFS is poised to rise to $0.01831, potentially setting the stage for a mega rally to new all-time highs during the next bull run.
For more information on the ETFS presale: