Whales Go On Buying Spree For ETF-Based 1000x Token ETFSwap ($ETFS), DOGE, and ADA
Crypto analysts have predicted that ETFSwap ($ETFS), Dogecoin (DOGE), and Cardano (ADA) are tokens that are very likely to enjoy considerable gains in this crypto bull run. Therefore, it is no surprise that crypto whales are rushing to accumulate as much Dogecoin (DOGE), Cardano (ADA), and ETFSwap ($ETFS) in order to position themselves for these price gains.
Interestingly, the newly launched ETFSwap ($ETFS) token is a coin that analysts believe to be very bullish, and they are projecting that it could provide a return of 1000x. This ultra-bullish outlook towards the ETFSwap ($ETFS) token explains why many are tilting towards it and not Dogecoin (DOGE) or Cardano (ADA).
Can Dogecoin (DOGE) Really Get To $1?
The sentiment among crypto analysts is that Dogecoin (DOGE) can rise to as high as $1 in this market cycle. They believe this is very much possible due to the fact that Dogecoin (DOGE) remains the foremost meme coin and should enjoy much attention as meme coins continue to be one of the leading narratives in this bull run.
They also alluded to the world’s richest man, Elon Musk’s support for Dogecoin (DOGE) as another factor that could contribute to this price surge. While there is no doubt that these factors could contribute to a price surge for Dogecoin (DOGE), skeptics are wary that this might not be enough to sustain a bullish momentum for Dogecoin (DOGE).
It is also well-known that crypto adherents are always more interested in the newer tokens than those that have been around for a while. Therefore, it is possible that newer meme coins like Dogwifhat (WIF) and Book of Meme (BOME), as well as new DeFi tokens like ETFSwap ($ETFS), will enjoy greater attention than Dogecoin (DOGE).
How Long Will Cardano (ADA) Continue To Lag?
Some crypto analysts have predicted that Cardano (ADA) will be one of the leading coins in this bull market. However, many are wary of this prediction as Cardano (ADA) has had a tepid price action despite the broader crypto market enjoying significant gains as of late.
These analysts, however, explained that it is normal for Cardano (ADA) to initially lag while Bitcoin and other crypto tokens enjoy significant price surges. While this may be true about Cardano’s (ADA) historical price action, it is worth mentioning that crypto holders do not have much patience to keep holding on to the belief that Cardano (ADA) will enjoy a parabolic rise at some point.
Moreover, Cardano (ADA) is one of the oldest crypto tokens on the market, meaning that it has likely run out of steam and doesn’t have enough bullish momentum to provide the kind of returns they seek. Newer coins are likely to enjoy more gains in this market cycle, and as such, it is understandable that these traders are focusing their attention on a new coin like the ETFSwap ($ETFS) token.
ETFS ($ETFS) Has Enough Bullish Momentum To Produce 1000x Gains
The ETFSwap ($ETFS) token is the utility token of the ETFSwap ($ETFS) platform, a trading platform that is restructuring ETF trading with the aid of blockchain technology. Crypto whales are already accumulating ETFSwap ($ETFS) tokens because it has the potential to provide a return of 1000x. The DeFi platform has already raised $750,000, and over 5.4 million tokens have already been sold, and this number is rising rapidly.
Considering that ETFSwap ($ETFS) just launched and has a lot of bullish momentum to enjoy historic price gains, it is no surprise that it is crypto whales’ new favorite altcoin. The timing of the token’s launch is also strategic as this is just the beginning of the bull run, and high liquidity is expected to flow into the ETFSwap ($ETFS) platform as Spot Bitcoin ETFs become more mainstream.
The token’s first presale stage is ongoing and selling at a mouthwatering price of $0.00854.
For more information about the ETFS Presale:
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Filed under: Bitcoin - @ April 5, 2024 12:13 pm