Altcoin
Dogecoin Millionaire Bets That This $0.03846 Crypto Token Will Surge 3,555% In Just 24 Days
Some investors have perfected the skill of early identifying tokens that can enjoy a massive price surge in every market cycle. This is the case of the Dogecoin millionaire who invested in the meme coin long before it enjoyed its 26,000% price gain in just a year. This Dogecoin millionaire has bet that the crypto token ETFSwap (ETFS), currently selling at $0.03846, will be the next runner.
ETFSwap (ETFS) Will Surge By 3,555% In 24 Days
The Dogecoin millionaire has asserted that ETFSwap (ETFS) will surge by 3,555% in just 24 days, rising to $1.3 from its current price of $0.03846. This Dogecoin millionaire is confident that this price surge will happen as soon as the crypto token gets listed following the completion of its ongoing presale.
The Dogecoin millionaire cited the imminent launch of the ETFSwap platform as one of the factors that could spark this price surge. Investors are set to experience the amazing offerings in the crypto token’s ecosystem, which could lead to a massive demand for ETFS. According to the ETFSwap team, investors will be able to get a glimpse of the tokenized exchange-traded funds (ETFs) on the decentralized investment platform.
The trading platform will tokenize funds like the Spot Bitcoin and Ethereum ETFs, enabling them to be traded on-chain. Investors will have the opportunity to trade these assets alongside cryptocurrencies as the team is collaborating with MiCA-regulated investment banks to offer both securities and crypto trading.
Users will be able to invest in these assets using the ETFSwap (ETFS) token. They only need to convert the crypto token to their desired asset. The crypto token also bridges traditional finance (TradFi) and the DeFi world as investors can convert their crypto holdings to ETFS and vice versa using ETFS.
The ETFSwap platform simplifies how users invest as they no longer have to go through overwhelming processes while using centralized trading platforms. The decentralized trading platform has no Know-Your-Customer (KYC) requirements, meaning investors can start investing quickly.
Unlike centralized trading platforms, ETFSwap (ETFS) offers 24/7 market coverage, allowing users to buy, sell, and trade their assets anytime. This will enable investors to benefit from the market gains recorded after traditional trading hours. The platform’s market-making services mean users can rest assured that their trades will be settled instantly and with minimal slippage.
Investors will also have the opportunity to make passive income from their investments. For instance, they can stake their ETFs and earn juicy staking rewards. The staking feature also extends to crypto tokens on the platform. Users can stake the ETFSwap (ETFS) crypto token and earn up to 87% annual percentage yield (APY).
This staking feature will be integrated into phase 2 of the beta platform, which will go live shortly after phase 1. Phase 2 will also include the liquidity provision feature, which allows users to provide liquidity to the platform’s liquidity pools and make up to 30% of fees from token swaps.
Furthermore, artificial intelligence (AI) powered tools will be featured in phase 2 of the ETFSwap (ETFS) beta platform. These tools, ETF Screener and ETF Tracker, recommend the best ETFs to invest in and perform predictive analysis.
This Dogecoin Millionaire Hasn’t Been Wrong So Far
This Dogecoin millionaire hasn’t been wrong, as he has always placed the right bets. The Dogecoin millionaire’s most profitable bet to date was his $5,000 investment in DOGE, which eventually ran up to millions.
The Dogecoin millionaire already bought $10,000 worth of ETFSwap (ETFS) in its ongoing presale as he looks to make massive returns from the crypto token once it launches. It is worth mentioning that the 3,555% price surge is just the initial price rally for the crypto token, as analysts say that it could rally by over 20,000% in this bull run.
Conclusion
With Whales like this Dogecoin millionaire bidding ETFSwap (ETFS) in its ongoing presale, you can’t afford to miss out on buying the crypto token while it is still selling at a discount. Early investors stand to gain a 35x return on investment once the 3,555% rally happens in just 24 days after ETFSwap’s (ETFS) launch.
Crypto expert Egrag Crypto has again predicted that the XRP price could rally to as high as $27. The analyst has also revealed the exact timeline for when the altcoin could record this massive price surge.
Expert Reveals Time For XRP Price To Hit $27
In an X post, Egrag Crypto asserted that the XRP price can hit $27 in 60 days. The expert remarked that historical patterns indicate that the altcoin can reach this target within this timeframe.
Based on this price prediction, XRP could reach this $27 target by June, marking a 1,250% gain for Ripple’s native crypto. The expert’s accompanying chart showed that he was alluding to the 2017 bull run as to why the altcoin could record such a parabolic rally.
In 2017, XRP recorded a historic gain of over 60,000% as it rallied to its current all-time high (ATH) of $3.8 the following year. As such, based on history, a 1,250% increase is nothing for the altcoin.
In the meantime, the XRP price still boasts a bearish outlook thanks to the sentiment in the broader crypto market. As CoinGape reported, Ripple’s coin could drop to the next major support levels at $1.79 and $1.56 if it fails to hold above $2.03.
Decision Time For The Altcoin
In an X post, crypto analyst CasiTrades stated that it is decision time for the XRP price. She noted that the altcoin is showing strength with a bounce right back to the first key test at $2.17. She added that this is the resistance level she wants to see flip into support, as it might be the “most important price of the week.”
The analyst stated that XRP must reclaim this level to build momentum. She added that the $2 level remains a valid target if the $2.17 level rejects. Meanwhile, CasiTrades revealed that $2.70, $3.05, and $3.80 are the major resistance zones once the upward trend is confirmed.
The analyst also mentioned that the XRP price is now fully inside the Fibonacci Time Zone 3, which spans most of April. She affirmed that this is the breakout window market participants have been preparing for and that all signs point to a macro wave.
CasiTrades affirmed that the structure is clean. The RSI divergence has confirmed the bottom, while the subwaves are aligning well with the larger targets. If the next leg pushes XRP back above $2.17 with momentum, she claimed that market participants may finally see obvious signs of Wave 3. Interestingly, the analyst added that if the altcoin clears $2.70 this week, it may break the $1,000 price extension.
For now, investors may remain cautious, especially seeing how XRP fell after the PMI and JOLTS data release earlier today. Donald Trump is also set to announce reciprocal tariffs tomorrow, which could spark a massive price crash.
Boluwatife Adeyemi
Boluwatife Adeyemi is a well-experienced crypto news writer and editor who has covered topics that cut across several topics and niches. Boluwatife has a knack for simplifying the most technical concepts and making it easy for crypto newbies to understand. Away from writing, He is an avid basketball lover, a traveler and a part-time degen.
Disclaimer: The presented content may include the personal opinion of the author and is subject to market condition. Do your market research before investing in cryptocurrencies. The author or the publication does not hold any responsibility for your personal financial loss.
A recent Binance update has triggered massive liquidations while sending Solana memecoin ACT into a steep correction. At first, pundits blamed market maker Wintermute for the jarring declines but Binance’s update to leverage and margin tiers appears to be the culprit.
Several Altcoins on Binance Suffer Massive Corrections
According to an X post, several altcoins listed on Binance took a major hit, dropping by double-digit percentages. The hardest hit of the lot was Solana memecoin ACT, experiencing a sudden drop of over 50% in 30 minutes.
Other altcoins including DEXE and DF equally recorded steep declines of 23% and 16% respectively in the same window. The price slump left traders scratching their heads but a consensus formed that sizable sell orders were behind the declines.
“The sudden dips were triggered by large sell orders executed in a short time frame, leading to a significant surge in spot trading volume,” said one pundit.
Others turned to market maker Wintermute as the trigger for the selloff. However, Wintermute CEO Evgeny Gaevoy denied responsibility while noting that the market maker reacted “post move.”
The decline comes amid a broader market recovery with several cryptocurrencies including Compound (COMP) gaining 70%.
What Triggered The 50% Decline For Solana Meme Coin
A Binance update on leverage and margin tiers on specific tokens like ACT triggered the massive declines. According to an April 1 announcement, the top exchange has updated the margin tiers of several perpetual contracts, noting that existing positions will be affected.
Following the move, one ACT whale got liquidated for $3.79 million at $0.1877, triggering a broad selloff. Former FTX community manager Benson Sun noted that traders had less than 3 hours to respond to the change, criticizing Binance for the move.
“Before changing the rules, Binance should have evaluated how many positions would be closed,” said Sun. “If there are market makers with large positions, they should have notified them in advance.”
Within hours of MUBARAK’s listing, the memecoin tumbled by 40% with Binance CEO Changpeng Zhao downplaying the impact of a listing on prices. Binance has drawn criticism in recent days following its exclusion of Pi Network from its Vote To List initiative.
Aliyu Pokima
Aliyu Pokima is a seasoned cryptocurrency and emerging technologies journalist with a knack for covering needle-moving stories in the space. Aliyu delivers breaking news stories, regulatory updates, and insightful analysis with depth and precision. When he’s not poring over charts or following leads, Aliyu enjoys playing the bass guitar, lifting weights and running marathons.
Disclaimer: The presented content may include the personal opinion of the author and is subject to market condition. Do your market research before investing in cryptocurrencies. The author or the publication does not hold any responsibility for your personal financial loss.
A crypto market crash looks imminent, with Bitcoin, Ethereum, XRP, and Dogecoin witnessing notable declines. This price crash happened following the release of weak manufacturing PMI and JOLTS data, which provides a bearish outlook for the market.
Crypto Market Crash: BTC, ETH, XRP, & DOGE Decline
CoinMarketCap data shows that a crypto market crash could be on the horizon, with the Bitcoin price sharply dropping below $83,000 from a daily high of around $84,400. Altcoins such as Ethereum, XRP, and DOGE also witnessed sharp declines.
This market crash occurred following the release of weak ISM manufacturing PMI and JOLTS data. The March PMI data dropped to 49, below expectations of 49.5 and lower than the 50 recorded in February.
The US JOLTS job openings for February came in at 7.568 million, below the expected 7.690 million and lower than the 7.762 million recorded in January. These data add to several macro fundamentals that paint a bearish outlook for the market.
This crypto market crash could persist, with China, Japan, and South Korea agreeing to respond to Donald Trump’s proposed tariffs. Trump is set to announce a number of reciprocal tariffs tomorrow, which could significantly harm the market as it sets off a trade war between the US and other nations.
Boluwatife Adeyemi
Boluwatife Adeyemi is a well-experienced crypto news writer and editor who has covered topics that cut across several topics and niches. Boluwatife has a knack for simplifying the most technical concepts and making it easy for crypto newbies to understand. Away from writing, He is an avid basketball lover, a traveler and a part-time degen.
Disclaimer: The presented content may include the personal opinion of the author and is subject to market condition. Do your market research before investing in cryptocurrencies. The author or the publication does not hold any responsibility for your personal financial loss.
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