Connect with us

Altcoin

Ripple Whale Stuns Community With Massive $300,000 Into This Ethereum Token Presale, Says XRP Price Is Dead In The Water

Published

on


In a dramatic move that has shocked the crypto ETF  community, a Ripple whale has invested a massive $300,000 into the ETFSwap (ETFS) presale, calling the XRP price “dead in the water.” As XRP struggles, the Ethereum-based token ETFSwap (ETFS) unfolds as a beacon of hope for investors seeking opportunities in a floundering market.

ETFSwap (ETFS) Presale: A New Investment Beacon

The ETFSwap (ETFS) presale has captured the attention of the crypto ETF world, especially as it enters its final stage. Investors are flocking to this viral Ethereum altcoin, attracted by its rock-bottom price of $0.03846, with hopes of massive returns similar to those seen by early Bitcoin (BTC) investors. The Ripple whale’s bold move into ETFSwap (ETFS) signals confidence in the token’s future, especially as the XRP price continues to decline.

The Ethereum altcoin market is rapidly evolving, and ETFSwap (ETFS) is showing all the signs of a trailblazer in the crypto ETF space. With its cutting-edge technology and innovative features, ETFSwap (ETFS) stands out as a millionaire-making opportunity in a market that is currently ripe for disruption. No wonder the Ripple whale decided to offload $300,000 into the presale of this rising star, leaving  XRP in the dust with the hope that Ripple does something quickly about the XRP price dip.

But what makes ETFSwap (ETFS) so attractive? For starters, its price of $0.03846 offers investors the chance to get in early, much like Bitcoin (BTC) did in its infancy. The Ripple whale’s foresight in recognizing the potential of this Ethereum token could pay off handsomely, especially as the project is backed by a strong technological infrastructure built on Ethereum’s blockchain. ETFSwap (ETFS) promises advanced DeFi utilities, with its staking options, liquidity pools, and tokenized assets, setting it apart from competitors.

Moreover, ETFSwap (ETFS) has been thoroughly vetted, with a Cyberscope audit confirming its security and KYC verification cleared by SolidProof. The presale has now entered its final stages, and the timing couldn’t be more perfect for those looking to capitalize on this low entry price before the token hits the mainstream market. Many crypto investors are following the lead of the Ripple whale, seeing ETFSwap (ETFS) as a safe bet for future gains while the XRP price continues to flounder.

ETFSwap’s (ETFS) unique offering of tokenized assets, combined with its powerful ETF tracking tools like the ETF tracker and ETF screener, ensures that it appeals to a wide range of investors. The Ripple whale is banking on ETFSwap (ETFS) to surge post-ICO, and many others are now following suit, drawn by the token’s potential and the opportunities it presents.

Why The Ripple Whale Lost Confidence In XRP Price

The whale’s decision to move $300,000 out of XRP and into ETFSwap (ETFS) speaks volumes. Ripple’s ongoing legal battle with the SEC has cast a shadow over the future of XRP price, leading to a drop in investor confidence. XRP price has been hanging precariously, struggling to regain momentum, while Ripple’s legal woes continue to mount. This uncertainty has caused many, including the Ripple whale, to reassess their positions and look for more promising alternatives.

ETFSwap (ETFS) offers just that. As the presale wraps up, the Ethereum altcoin is set to make waves in the crypto ETF space. Unlike XRP, which is weighed down by legal challenges, ETFSwap (ETFS) is clear of such issues, allowing it to grow and thrive without hindrance. The Ripple whale’s confidence in ETFSwap (ETFS) is further boosted by its solid foundation in the Ethereum blockchain, its advanced DeFi stance, and the anticipation surrounding its platform launch.

Conclusion: A Golden Opportunity For Crypto Investors

The Ripple whale’s massive $300,000 buy into the ETFSwap (ETFS) presale is a clear signal that this Ethereum token is set for great things. As XRP price falters and the market remains uncertain, ETFSwap (ETFS) offers a golden opportunity for investors to grab tokens at just $0.03846 before the presale ends. Like the Ripple whale, smart investors are moving quickly to stake their claims in what could be the next crypto ETF sensation. 

Don’t miss your chance to ride this Ethereum powerhouse to the moon—grab your ETFSwap (ETFS) tokens today, before it’s too late!

For more information about the ETFS Presale:

Visit ETFSwap Presale

Join The ETFSwap Community

 



Source link

Altcoin

Cardano Price To Hit $4 If This Happens, Analyst Says Despite 180M ADA Dump

Published

on


A renowned crypto market analyst predicted that Cardano price could hit $4 ahead despite the current broader market uncertainty. ‘ALLINCRYPTO’ has forecasted a highly bullish outlook for the crypto recently, primarily against the backdrop of historical data. However, traders and investors are left scratching their heads as the market also saw massive ADA whale dumps, with 180 million coins offloaded.

Cardano Price Eyes $4, Analyst Predicts Citing Historical Data

According to ALLINCRYPTO’s X post on April 18, Cardano price is eyeing $4 as the analyst believes history is set to repeat itself. A major bull run lies ahead as the price is completing its final cycle, per the analyst.

ADA price chart and formationsADA price chart and formations
Source: ALLINCRYPTO, X

For context, the ALLINCRYPTO’s chart spotlights how ADA had a massive bull run as of 2020 and continued till mid-2021. Citing this past performance, the analyst revealed that a $4 price target lies ahead.

Crypto market traders and investors are left speculating if such a feat is even possible amid broader market trends. It’s also noteworthy that historical performances don’t always guarantee future performances, given the dynamic nature of digital assets.

However, another renowned analyst has joined the fray by projecting a bullish outlook for Cardano price. Analyst Ali Martinez revealed in an X post on April 18 that the crypto is consolidating within a triangle, setting the stage for a potential 30% price move. This bullish prediction has slightly tilted the scales towards the optimistic side.

Cardano priceCardano price
Source: Ali Charts, X

ADA coin’s price currently rests at $0.6298, up nearly 2.5% over the past day. The coin’s intraday bottom and peak were recorded as $0.612 and $0.6341, respectively.

Massive Whale Dumps Usher Caution

Besides, recent whale metrics have conversely stirred up some caution among investors, underscoring rising selling pressure on the asset. According to another X post by Ali Martinez, whales took advantage of the recent ADA price upswing to offload 180 million coins in the past 5 days.

ADA whale activityADA whale activity
Source: Ali Charts, X

This massive selling has also hinted at declining market confidence surrounding the cryptocurrency. As a result, market watchers are slightly apprehensive regarding the bullish predictions shared by the analysts.

Besides, a Cardano price prediction by CoinGape also revealed that bears remain in control of the asset at the moment, as per the 3-month bias indicator. In turn, broader market sentiments surrounding the coin’s long-term prospects remain shrouded in an enigma.

✓ Share:

Coingape Staff

CoinGape comprises an experienced team of native content writers and editors working round the clock to cover news globally and present news as a fact rather than an opinion. CoinGape writers and reporters contributed to this article.

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.





Source link

Continue Reading

Altcoin

Chainlink Price To Hit $26 If LINK Breaks Past This Crucial Level

Published

on


The Chainlink price is poised for liftoff, with a bullish rebound on the horizon. As LINK has soared past its key support level, analysts and traders remain bullish about the altcoin’s potential rally new heights.

Analysts like Ali Martinez and CRYPTOWZRD have identified critical levels for LINK, invoking the community’s attention. Let’s unveil Chainlink’s potential movements through the analyses of popular analysts.

Is Chainlink Price Ready for a Rebound?

In a detailed analysis, analyst Ali Martinez spotted key support and resistance levels for Chainlink. According to Ali’s analysis, Chainlink’s support level is established at $12.28, while $14.58 acts as a significant resistance hurdle.

With the Chainlink price breaking past its support line, which now acts as a foundation, the stage is set for a potential bullish reversal, signaling an upward trend. And, if LINK breaks past the $14.58 point, which has been a significant resistance point, further upside momentum comes into view, with potential new highs on the horizon.

Chainlink’s Next Target: Is $26 Within Reach?

According to market expert CRYPTOWZRD, Chainlink daily technical outlook is uncertain, with an indecisive close. However, the analyst highlighted that LINK is currently testing the significant $12.50 level. Given LINK’s oversold condition, its price movement is likely to follow Bitcoin’s trend.

Chainlink Price To Hit $26 If LINK Breaks Past This Crucial LevelChainlink Price To Hit $26 If LINK Breaks Past This Crucial Level
Source: X, CRYPTOWZRD

Interestingly, as pointed out by CRYPTOWZRD, LINKBTC’s daily falling wedge formation suggests potential for an impulsive upside breakout. LINK itself is forming a daily falling wedge above its lower high trend line, indicating a possible rally towards the $16 resistance target and beyond.

Significantly, the chart presented by the expert indicates that LINK could hit $26 if it passes the resistance point. However, as per CoinGape’s Chainlink Price Prediction, LINK will reach a maximum of $15.24 in 2025.

Meanwhile, LINK’s intraday chart showed a lack of clear direction, with price movements confined to a narrow range. A breakout above $13.20 could present a trade opportunity, while a decline below $11.80 would signal a test of the main support level.

LINK Market Sentiment Analysis

In an “In/Out of the Money Around Price” analysis, Ali Martinez shared insights into the market sentiment for LINK. The analyst detailed the number of traders holding Chainlink at different price points.

At press time, Chainlink is trading at $12.81, up1.46%. Despite a 0.86% surge over the past week, LINK experienced a massive decline of 30.99% over the last month.

Notably, more addresses are holding LINK at a loss than at a profit. According to the chart, 53.06% of the holdings are “out of the money,” which means that they represent 78.24 million LINK bought at a price above the current $12.68.

At the same time, 44.63% of analyzed holdings, representing 65.81 million LINK, are ‘in the money,’ having been bought by traders at a price below $12.68. This data highlights potential support and resistance levels, with significant holdings at $12.47 and $14.19.

✓ Share:

Nynu V Jamal

Nynu V Jamal is a passionate crypto journalist with three years of experience in blockchain, web3, and fintech spheres. She has established herself as a knowledgeable and engaging voice in the cryptocurrency and blockchain space. Her experience as an Assistant Professor in English Language and Literature has further added to her quest for crafting informative, well-researched, and accessible content.

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.





Source link

Continue Reading

Altcoin

Lorenzo Protocol (BANK) Price Rallies 150% After This Binance Announcement

Published

on


Lorenzo Protocol (BANK) price has defied the broader market’s recent uncertain trend by rallying 150% this Saturday. The institutional-grade asset management platform has stolen the spotlight primarily as a top CEX, Binance, unveiled a new listing for its native token. As a result, traders and investors are extensively eyeing this crypto, speculating whether the pump could sustain amid enhanced market exposure.

Lorenzo Protocol Price Bullish As Binance Futures Adds BANKUSDT Contract

At the time of reporting, BANK price traded at $0.05237, up by a staggering 150% in just a day. The cryptocurrency’s price surged from a bottom of $0.01839 intraday, in sync with Binance’s announcement.

According to an official press release by the crypto exchange on April 18, the platform’s futures trading division is adding the BANK USD-Margined perpetual contract to its stockpile of offerings. The platform’s colossal user base remains poised to enjoy up to 50x leverage while trading the asset. The timeline for this launch was set at 18:30 UTC, the same day.

Further, the top crypto exchange set the capped funding rate at +2.00%/-2.00%. Also, the same perpetual contract will be available for ‘Futures Copy’ trading, offering users enhanced opportunities to make returns.

For context, usual market sentiments about the coin’s future price action have turned highly bullish with the new offering. Traders and investors are expecting a substantial influx of funds into the token as the new listing paves the way for more investor interaction with the asset.

Now, crypto market watchers are thoroughly monitoring the token for further gains, highly optimistic amid an ongoing rally of 150% following the listing announcement. Lorenzo Protocol is an institutional-grade asset management platform that issues yield-bearing tokens backed by diverse underlying strategies.

Besides, it’s worth mentioning that Binance revealed another crypto listing this week, CoinGape reported. The CEX has revealed plans to open trading for Balance (EPT) shortly, garnering further attention among traders and investors.

✓ Share:

Coingape Staff

CoinGape comprises an experienced team of native content writers and editors working round the clock to cover news globally and present news as a fact rather than an opinion. CoinGape writers and reporters contributed to this article.

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.





Source link

Continue Reading

Trending

Copyright © 2024 coin2049.io