Crypto analyst Trader Tardigrade has revealed a bullish 2021 pattern that has formed for the Dogecoin price, which could lead to a parabolic rally. This development provides a bullish outlook for the Dogecoin price, which is currently consolidating. However, rival token ETFSwap (ETFS) provides a better opportunity for investors as it will enjoy a 70,000% rally in 18 days.
Dogecoin Price Could Replicate 2021 Bull Pattern
In an X post, Trader Tardigrade raised the possibility of the Dogecoin price replicating a bullish pattern from the 2021 market cycle. This bullish pattern led to a 30,000% surge in the Dogecoin price back then, suggesting that DOGE could again enjoy such price gains in this market cycle. The analyst’s accompanying chart showed that the Dogecoin price could reach as high as $16 if it replicates the 2021 bull pattern.
The chart also showed that the Dogecoin price surge to $16 could happen sometime next year. However, despite this bullish outlook for the Dogecoin price, it looks almost impossible for DOGE to reach this target based on its circulating supply. A Dogecoin price surge to $16 will give DOGE a market cap of $2.3 trillion, which is almost impossible at the moment, considering that the crypto market is just valued at over $2 trillion.
Why Investors Should Buy ETFSwap (ETFS) Which Will Rally 70,000%
Investors are better off buying the ETFSwap (ETFS) token, which will rally 70,000% in 18 days. This bullish outlook for the token stems from its incredible utility, which is already gaining much attention. ETFS is the native token of the ETFSwap platform, which tokenizes exchange-traded funds (ETFs) and enables them to be traded on-chain.
The ETFSwap (ETFS) token provides an easier and more convenient way to trade these traditional assets since investors simply need to convert the token for their desired ETF. This explains why traditional finance (TradFi) investors have been looking to purchase as many coins as possible since ETFS got listed on the Uniswap decentralized exchange (DEX).
The massive demand for the token so far will contribute to the projected 70,000% rally in 18 days. This is why investors who have yet to invest need to hurry and buy as many coins as possible to position for this price surge. ETFSwap’s (ETFS) other use cases prove that the token can indeed witness this parabolic rally.
The ETFSwap (ETFS) token provides access to crypto assets and other commodities on the ETFSwap platform including gold, silver, rubber, cotton, and crude oil, among others. Users will simply swap the token for their desired asset. This makes portfolio diversification much easier as investors will now be able to gain access to several asset classes in one place.
As such, it is best to get ahead of these investors and accumulate as many coins as possible. The ETFS token is deflationary, which is another reason it could easily rally by 70,000% and outperform the Dogecoin price. The ETFSwap (ETFS) team has committed to burning some of the fees earned on the DeFi platform to buy back and burn as many ETFS tokens as possible.
This deflationary mechanism makes it easier for the ETFSwap (ETFS) price to surge, especially considering the massive demand that the token is already witnessing.
Conclusion
The ETFSwap (ETFS) token is set to be listed on major exchanges in the coming weeks. It is best to front-run these listings as the 70,000% rally could begin as soon as these exchanges ETFS. Moreover, these exchanges will begin to accumulate ETFS ahead of the listing, so it is best to hurry and accumulate the coin.
Buying the ETFSwap (ETFS) token means that you get to enjoy as much as a 700x return on investment (ROI). This is definitely an opportunity to make life-changing gains and one you shouldn’t pass on in this bull run.
For more information about the ETFS Launch:
Disclaimer: This is a sponsored press release for informational purposes only. It does not reflect the views of Times Tabloid, nor is it intended to be used as legal, tax, investment, or financial advice. Times Tabloid is not responsible for any financial losses
, which will surge by 70,000%.){kind=link}