An Ethereum analyst has given his opinion on what will likely happen in this market cycle. One of the Ethereum analysts’ predictions is that the DeFi altcoin ETFSwap (ETFS) will rally by 15,000% and outperform Dogecoin and Cardano due to its apparent demand in its ongoing presale.
Ethereum Analyst Says ETFSwap (ETFS) Will Outpace Dogecoin And Cardano
An Ethereum analyst has predicted that the DeFi altcoin ETFSwap (ETFS) will rally 15,000% and outpace Dogecoin (DOGE) and Cardano (ADA) in this market cycle. He explained that the apparent demand for the DeFi altcoin will drive this 15,000% rally from its current price of $0.03846.
The Ethereum analyst further stated that, unlike the DeFi altcoin, Dogecoin and Cardano aren’t witnessing any demand that could cause their prices to rally the same way ETFSwap (ETFS) will. Indeed, Cardano and Dogecoin haven’t enjoyed the kind of demand they witnessed in the last bull run in this market cycle.
The Ethereum analyst noted that market participants are currently opting for newer coins instead of old ones like Cardano and Dogecoin. This explains why Cardano is one of the worst-performing crypto assets this year. Dogecoin has also underperformed compared to other meme coins.
The Massive Demand For ETFSwap (ETFS)
The massive demand for the ETFSwap (ETFS) DeFi altcoin has been evident in its ongoing presale, with over 34 million tokens sold so far. The demand for the altcoin is thanks to its revolutionary use case, which is set to shake up global finance. The ETFS token provides a much easier way for investors to invest and diversify their portfolios.
Investors will be able to simply swap the DeFi altcoin for the tokenized exchange-traded funds (ETFs) on the ETFSwap platform. Th altcoin also provides access to the crypto assets and other commodities on the platform. As the Ethereum analyst noted, ETFSwap’s (ETFS) demand will only keep skyrocketing as investors have been looking for a more convenient way to access the traditional markets.
The ETFSwap (ETFS) ecosystem is simplifying the whole investment process. For instance, there are no Know-Your-Customer (KYC) requirements on the trading platform, so investors can start investing quickly using DeFi altcoin. Investors will also be able to trade anonymously, as the platform will integrate zero-knowledge (ZK) proof technology.
The apparent demand for the DeFi altcoin is also due to other features that make the ETFSwap (ETFS) platform stand out from centralized trading platforms. For instance, the platform offers 24/7 market coverage, allowing investors to buy, sell, and trade their ETFs anytime.
This allows investors to benefit from the market gains recorded after traditional trading hours. The ETFSwap (ETFS) platform is also staking the odds in favor of investors and traders with its artificial intelligence (AI) powered trading tools. Holders of the platform’s DeFi altcoin will have access to these AI tools, which perform predictive and sentiment analysis and recommend the best ETFs for them to invest in.
Furthermore, holders of the DeFi altcoin will have first access to exclusive investment opportunities, such as ETFSwap’s ETF, which is launching next year. They can also trade ETF perpetuals on the DeFi platform, which offers up to 50x margin on the initial capital on short or long positions.
The Ethereum analyst remarked that the demand for the ETFSwap (ETFS) DeFi altcoin will shoot up in the next few days, considering that the ETFSwap team has already announced that the beta platform has launched on testnet. This means that a mainnet launch is imminent, and investors will want to purchase their ETFS tokens before then.
Conclusion
With ETFSwap’s (ETFS) demand set to skyrocket ahead of the beta platform launch, investors who have yet to invest in the DeFi altcoin’s ongoing presale need to do so as soon as possible. Early investors will enjoy a 150x return when the 15,000% rally occurs, which is more than what coins like Dogecoin and Cardano can offer investors.
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