A crypto analyst has predicted that ETFSwap (ETFS) will lead the upcoming 2024 bull run, possibly surpassing Dogecoin (DOGE) and Shiba Inu (SHIB).
A crypto analyst has revealed the next crypto project that will lead the 2024 bull run, overtaking prominent cryptocurrencies such as Dogecoin (DOGE) and Shiba Inu (SHIB). According to this analyst, ETFSwap (ETFS) has positioned itself as a front-runner in the upcoming bull market, attracting the attention of institutional investors and crypto-enthusiasts.
Dogecoin (DOGE) Volatility indicates stagnation
According to data of IntoTheBlock Dogecoin (DOGE) has been trading sideways for the past few weeks. The cryptocurrency’s price fundamentals have shown some volatility, characterized by sporadic declines followed by modest gains.
IntoTheBlock also revealed that Dogecoin (DOGE) has 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 short-term speculators and traders, possibly resulting in a stagnant price.
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, the price of the cryptocurrency is trade at $0.15, representing a decrease of 3.78% in the last seven days.
Shiba Inu (SHIB) experiences price fluctuations
Similar to Dogecoin (DOGE), the price of Shiba Inu (SHIB) has recently experienced a series of unpredictable declines and gains. According to data from market research platform Santiment, Shiba Inu’s daily active addresses dropped by 50% earlier this month.
After experiencing a price increase of 2.98% over the past month, the cryptocurrency has fallen again by 0.58% in the past seven days. This price fluctuation is typical for meme coins, which are highly susceptible to small changes in market sentiment and social trends.
Despite multiple predictions of a significant rally as the bull market kicks off, Shiba Inu’s price fundamentals have been less than impressive of late. At the time of writing this is the cryptocurrency trade at $0.000023, unable to revise its previous March record high of over $0.00004.
ETFSwap (ETFS) sets the stage to lead 2024 Bull Run
ETFSwap (ETFS) has gained a significant amount of traction of late, capturing the attention of the broader crypto market. Unlike Dogecoin (DOGE) and Shiba Inu (SHIB) which are currently experiencing significant price volatility, ETFSwap (ETFS) is rising significantly, recording a steady increase in users and investors.
Analysts predicted it ETFSwap (ETFS) will possibly spearhead the upcoming bull run in this current market cycle. This prediction is attributed to the crypto platform’s underlying fundamentals and its outperformance over the past few weeks.
Prior to its ongoing presale, ETFSwap (ETFS) conducted a private fundraising round, which raised over $750,000, to reach the project’s funding target. Additionally, the trading platform saw a massive increase in demand for its native token, ETFS, as more than 80 million tokens were sold in the first phase of its presale alone.
The sentiment surrounding this crypto project is also driven by its innovative approach to decentralized trading. ETFSwap (ETFS) currently provides regulated, institutionally listed exchange-traded funds (ETFs) for trades. 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, and cryptocurrency futures and spot ETFs.
Further, ETFSwap (ETFS) offers users highly sophisticated trading solutions along with real-time performance tracking tools for ETFs. This platform also provides a safe and reliable trading environment for users to execute transactions and manage their ETFs.
Using blockchain technology, ETFSwap (ETFS) aims to fully exploit the potential of tokenized ETF trading while ensuring user security and transparency. This platform also offers perpetual futures and options trading that traders up to 50x leverage listed on all ETFs.
As a decentralized exchange, ETFSwap also offers anonymous trading options, allowing users to keep their identities private while trading. 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 interfere.
With anticipation surrounding ETFSwap’s preparation to lead the next bull run, investors are taking advantage of its ongoing pre-sale to buy tokens at a lower price. Early investors may reap more profits as ETFS tokens gradually increase in value as the platform evolves.
Currently the cryptocurrency priced at $0.00854 in the first pre-sale phase. However, during the second pre-sale, ETFS is poised to rise to $0.01831, potentially setting the stage for a mega-rally to new all-time highs in the upcoming bull run.
For more information on the ETFS Presale:
Visit ETFSwap Presale
Join the ETFSwap community
Disclaimer for Uncirculars, with a Touch of Personality:
While we love diving into the exciting world of crypto here at Uncirculars, remember that this post, and all our content, is purely for your information and exploration. Think of it as your crypto compass, pointing you in the right direction to do your own research and make informed decisions.
No legal, tax, investment, or financial advice should be inferred from these pixels. We’re not fortune tellers or stockbrokers, just passionate crypto enthusiasts sharing our knowledge.
And just like that rollercoaster ride in your favorite DeFi protocol, past performance isn’t a guarantee of future thrills. The value of crypto assets can be as unpredictable as a moon landing, so buckle up and do your due diligence before taking the plunge.
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