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Bitcoin Analyst Predicts 7,000% Gains For ETFSwap (ETFS) In October, XRP Price To Rise To $1
According to a well-known Bitcoin (BTC) analyst, the ETFSwap (ETFS) tokens could see gains as high as 7,000% in the month of October, while the XRP price is expected to rise to $1. The Bitcoin (BTC) analyst’s predictions point to exciting times ahead for crypto, but the ETFSwap (ETFS) tokens stand out for their innovative approach that could lead to even bigger things.
ETFSwap (ETFS) Readies For A 7,000% Price Pump
The ETFSwap (ETFS) platform is changing the game by combining decentralized finance (DeFi) with traditional financial markets. With its focus on tokenized assets, the ETFSwap (ETFS) platform brings real-world assets like stocks, bonds, commodities, and ETFs to the blockchain and opens up a whole new world for crypto investors, allowing them to trade these assets without needing a broker and with full privacy.
The platform offers crypto enthusiasts the chance to trade in tokenized Bitcoin (BTC), Ethereum (ETH), and other ETFs, which is likely to drive the value of the ETFS tokens even higher. Such a solid foundation and promising utility are why the Bitcoin (BTC) analyst predicts ETFSwap (ETFS) could hit $11 by 2025.
The ETFSwap (ETFS) platform removes the need for intermediaries or know-your-client (KYC) processes, making it easier for individuals like the Bitcoin (BTC) analyst to remain anonymous as they invest. The Bitcoin (BTC) analyst predicts the ETFSwap (ETFS) tokens to experience a 7,000% increase due to the DeFi platform’s successful development. The backend of the platform has been completed and tested on the testnet, and right now, they’re working hard to improve on everything for a smooth experience when it goes live.
Crypto Investors are incentivized to stake ETFS tokens in liquidity pools and earn up to 87% in annual percentage yields (APY), and traders on the DeFi platform can access up to 10x margin to trade perpetuals, futures, and commodities and as much as 50x margin when trading ETFs, allowing for potential gains of up to 40,000%.
Unlike other platforms, the ETFSwap (ETFS) provides an innovative liquidity model and perpetual trading options that minimize risks like rug pulls; this gives investors confidence that their money is safe. Each ETFSwap (ETFS) token is backed by real-world securities, which makes it an excellent option for both individual crypto traders and big institutional investors looking to diversify their portfolios into traditional assets.
The ETFSwap (ETFS) team has fully undergone KYC verification with SolidProof and passed the smart contract audit by CyberScope—two important achievements that show it’s a platform you can trust.
To tap into the anticipated 7,000% gains, you’ll need to buy the ETFS tokens now at their low price of $0.03846 in the ongoing presale.
XRP Price Predicted to Reach $1
Ripple is positive about concluding its legal case with the SEC. With all the legal uncertainties now clearing up, the XRP price is also expected to make a significant move. The XRP price has been showing signs of strength lately, and the Bitcoin (BTC) analyst prediction indicates that the XRP price could rise to $1 soon, thanks to its strong use case in cross-border payments and increasing adoption.
Although the XRP price moving to $1 is great news for its holders, it’s worth noting that ETFSwap (ETFS) has the potential for far greater returns. XRP price is currently at $0.5318 and is very likely to see steady gains.
Conclusion: ETFSwap (ETFS) Leads October Price Rise
While the XRP price could rise to $1 and continue rewarding crypto investors with solid returns, the real star of the bull run is the ETFSwap (ETFS) token. The 7,000% gain predicted by a Bitcoin (BTC) analyst is grounded in the platform’s strong utility and unique tokenization approach. ETFSwap (ETFS) is set to lead the next big wave in the crypto world. So, while the XRP price is on the rise, the smart money is looking at the ETFSwap (ETFS) tokens that could skyrocket, thanks to their utility, security features, and ability to bridge the gap between DeFi and traditional finance for the biggest gains.
For more information about the ETFS presale,
After six consecutive days of inflows, the spot Ethereum ETF flows flipped negative again on Thursday, as the bullish sentiment driven by Trump-trade subsided. The ETH price also dropped 6% in the last 24 hours moving all the way to $3,000 losing over $22 billion in market cap.
Spot Ethereum ETF Flips Negative
After six consecutive days of inflows, the US Spot Ethereum ETF is once again seeing outflows. On November 14, Ethereum ETFs experienced a minor outflow of $3.24 million, the first since the Donald Trump victory on November 5.
Despite this, BlackRock’s Ethereum ETF (ETHA) saw a net inflow of $18.87 million in a single day. However, Grayscale’s ETHE played the spoilsport with nearly $22 million in outflows yesterday. Besides, inflows in other Ether ETFs have dried up significantly, as per the data from SoSoValue.
Following the Donald Trump victory on November 5, the spot Ether ETFs saw strong inflows as the ETH price rallied 40% on the weekly timeframe all the way to $3,400. However, since the November top, the ETH price has corrected nearly 10% as bulls try to defend $3,000 levels.
ETH Price Action in Choppy Market
Amid the recent ETH price action, popular crypto trader Credibull Crypto has started to build a position in Ethereum (ETH) and add further if Ethereum drops to $2,800, amid the current low-time-frame (LTF) price action and crypto market drop. The decision to increase their exposure is based on Bitcoin’s recent stability, which may prevent a quick pullback to the low $80k range and allow ETH to continue upward.
The trader notes that a small range is forming, pushing into local demand, with untapped local highs above. They are eyeing potential gains toward the $3,500+ level before reassessing. However, the trader emphasizes that the invalidation point for their higher-time-frame (TF) ETH strategy is at $2,350.
Watching this LTF PA develop on $ETH and have started positioning here. If we make it down to the ideal entry zone (sub $2800) I’ll add to my position.
Reason for going in more aggressively here is that BTC is holding up decently atm and if we don’t get a pullback to low 80k’s… https://t.co/681HswOBoI pic.twitter.com/TmwCxBLgbu
— CrediBULL Crypto (@CredibleCrypto) November 14, 2024
Popular trading account IncomeSharks suggests that traders who missed the initial entry opportunity might find a second chance near Supertrend support just under $3,000. The trader also added that the swift shift in market sentiment, as “a few red candles” have led to widespread pessimism and negativity toward the asset. However, he believes that there’s a strong potential for a rebound moving ahead. This can again lead to resuming the inflows for spot Ethereum ETFs.
A recent Ethereum price analysis hints that analysts have been making bullish predictions for the crypto, potentially hitting $4,000, by November end. However, it will require the support of the broader market to continue this rally ahead.
Bhushan Akolkar
Bhushan is a FinTech enthusiast with a keen understanding of financial markets. His interest in economics and finance has led him to focus on emerging Blockchain technology and cryptocurrency markets. He is committed to continuous learning and stays motivated by sharing the knowledge he acquires. In his free time, Bhushan enjoys reading thriller fiction novels and occasionally explores his culinary skills.
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 Dogwifhat smart whale caused a stir across the broader cryptocurrency landscape on Friday, heavily dumping the dog-themed meme token. Recent on-chain statistics indicate that the smart whale traded a whopping 850K coins to book a notable profit of $7.5 million. This trade strategy garnered significant attention as WIF price crashed over 15% intraday, sparking uncertain investor sentiments over whether the token may have topped amid a bull market.
Dogwifhat Smart Whale Dumps 850K Tokens Sparking Market Speculations
According to the data offered by Lookonchain on November 15, a smart whale was recorded dumping 850,000 Dogwifhat tokens, in turn swapping it for 15,987 SOL worth $3.4 million. As per the data, the smart whale address 3cBB2Z.. made the trades. However, despite the massive dump, the whale still held 50,000 WIF, worth $175K. Notably, the whale booked a total profit of $7.5 million on the leading dog-themed meme token with the mentioned trades weighing in.
While this profit-making strategy underscored the meme coin’s potential to offer substantial gains, it also signaled a loss of investor confidence in the asset’s future potential. Besides, the massive dump sparks bearish concerns among traders amid a bull market while the existing holding still projects some optimism on price ahead, sparking market speculations.
Also, on-chain data showed that the whale also booked a notable profit on recently listed the Solana meme coin PNUT. The whale spent 3,800 SOL to bag 1.74 million PNUT, now holding an unrealized profit of $2.07 million. Solscan’s data showed that other token holdings by the same address included GIGACHAD (GIGA) and Chaos and Disorder (CHAOS), among other tokens.
Overall, market participants speculate over WIF price action’s future in light of the massive dump and an intraday crash.
What’s Next For WIF Price?
At press time, WIF price crashed 16% over the past day and is now trading at $3.54. The coin’s 24-hour low and high were $3.38 and $4.33, respectively. Further, the token’s intraday trading volume dipped 48% to $1.99 billion today. This slumping action aligns with the declining market confidence for the asset, as illustrated by the abovementioned massive dump.
Meanwhile, Coinglass data indicated that the Dogwifhat futures OI dipped 19% to $609.02 million today. Moreover, the derivatives volume also plunged 41% to $4.17 billion. This data further signaled a loss of investor interest in the asset.
Nevertheless, in light of a bullish crypto market in Q4 as an aftermath of Donald Trump’s win in the U.S. elections, the crypto market glimmers hope for future movements. In the wake of these bullish aspects, a recent Dogwifhat price analysis by CoinGape Media indicated that the token also eyes a new ATH shortly ahead. Although this bullish projection comes contrary to the selloff, market watchers continue to extensively monitor the token as sentiments of further gains prevail.
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.
Dogecoin and Solana are two of the largest cryptocurrencies by market cap and are closely positioned within the top ranks of the market, with only BNB separating them. Both cryptocurrencies have seen their respective market caps increase massively in the past 30 days.
At the time of writing, Solana has a market cap of $104 billion and is trading at around $220. Dogecoin, on the other hand, is trading at $0.41 with a market cap of $59.5 billion, meaning it has some catching up to do in order to overtake Solana in market cap rankings.
How Much Will Dogecoin Be If It Reaches Solana’s Market Cap?
Solana has witnessed an impressive 43% increase in its market cap over the past 30 days in light of growing interest and positive market momentum. However, this gain is overshadowed by DOGE’s remarkable rally within the same period. Dogecoin’s price has more than doubled in the last four weeks, surging by 250% as excitement around the meme coin is at its highest point in a long time.
As it stands, DOGE’s market cap is about 0.57 of Solana’s market cap. However, recent market dynamics suggest that Dogecoin is on a trajectory to continue closing this gap. After punching in the numbers, Dogecoin’s price target to reach the current Solana market cap is around $0.7053. This implies that for DOGE to secure its place as the fourth-largest crypto by market cap, the meme coin would need an additional 76% price increase from its current levels in the case Solana starts to consolidate at this point. Interestingly, this would see the DOGE market cap overtaking that of BNB in the process.
The prospect of Dogecoin reaching the $0.70 level is now more feasible than ever, particularly since this target is just slightly below DOGE’s all-time high of $0.7316, which the bulls are now targeting.
How Feasible Is The Race For DOGE?
Regardless of whether the Solana market cap consolidates or continues to increase from here, the current market pace suggests Dogecoin is still going to overtake Solana in market cap. This would not only be a notable milestone for DOGE, but it would create a new price all-time high, and also a new milestone for the meme coin community.
Speaking of all-time highs, DOGE is only about 79% from creating a new all-time high. According to popular crypto analyst Ali Martinez, Dogecoin is now on its way to reach at least $2.40.
Supporting this outlook is data from on-chain analytics platform Santiment. According to Santiment, meme coins are experiencing the highest levels of activity and interest from market participants across the crypto landscape. Furthermore, the Dogecoin price rally has been driven by retail investors now leaning into the meme coin as Bitcoin starts to get too pricey.
Featured image created with Dall.E, chart from Tradingview.com
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