Connect with us

Altcoin

Cardano, Dogecoin, And XRP Price Are No Match For The ETFSwap (ETFS) 37,000% Rally By 2025

Published

on


In the vibrant realm of cryptocurrency, some projects shine brightly for their innovation and potential for remarkable returns. Among them, ETFSwap (ETFS) is creating a buzz with its audacious target of a 37,000% surge by 2025, prompting investors to compare it to established tokens like the Cardano price, the Dogecoin price, and the XRP price, as its unique features could revolutionise investment strategies.

ETFSwap (ETFS): Set To Surpass Competitors With 37,000% Growth Potential

ETFSwap (ETFS) is currently in its bonus round of the presale, and the excitement surrounding this phase is palpable. With a focus on market making and efficient trading, ETFSwap (ETFS) allows users to engage in trading activities without the limitations of expiration dates. The platform offers position sizes of up to 50x, enabling traders to maximize their potential gain, whether they are going long or short.

Among the features that set ETFSwap (ETFS) apart is its commitment to security and privacy. By employing zero-knowledge (ZK) proof technology, it enables transactions to remain confidential. This level of transparency is critical for building trust among investors. Also, the platform has successfully completed KYC requirements with SolidPROOF, demonstrating its commitment to transparency and user safety.

Moreover, ETFSwap (ETFS) uniquely integrates traditional finance and decentralised finance (DeFi), enabling investors to benefit from both realms. This approach allows for portfolio diversification through various ETFs, helping investors spread risk and potentially enhance returns across different sectors. Additionally, the ETFS token is now listed on CoinMarketCap, establishing ETFSwap (ETFS) as a frontrunner in the cryptocurrency space.

The anticipation surrounding the beta launch of ETFSwap (ETFS) is building, especially as it sets its sights on a staggering 37,000% rally by 2025, outpacing established players like the Cardano price, the Dogecoin price, and the XRP price. With backend development and rigorous testing already completed, the platform promises efficiency through staking rewards, liquidity pools, and a live ETF price tracker. The excitement is infectious, as potential investors recognize the unique value of participating in this transformative project that could redefine the crypto landscape.

Cardano Price: Faces Challenges Amidst Innovative Blockchain Advancements

The Cardano price has gained attention for its innovative blockchain technology and sustainability focus. Designed for smart contracts and decentralised applications, the Cardano price aims to create a secure, scalable ecosystem. However, it faces challenges in gaining traction compared to other cryptocurrencies. 

The Cardano price has fluctuated due to market sentiment and economic factors. While it boasts a dedicated community, the potential for explosive growth like that of ETFSwap (ETFS) remains uncertain. Investors seeking substantial returns may find the current trajectory of the Cardano price less appealing, especially with ETFSwap’s ambitious goals on the horizon.

Dogecoin Price: Volatility Raises Questions About Long-Term Viability

The Dogecoin price, originally a meme, has become a well-recognized cryptocurrency. Its community-driven nature and celebrity endorsements boost popularity, but the Dogecoin price’s underlying fundamentals remain questionable. While the Dogecoin price has seen significant surges, its long-term viability as an investment is debated. 

The volatility of the Dogecoin price can benefit some investors, yet its lack of a robust use case compared to platforms like ETFSwap (ETFS) raises concerns. As the cryptocurrency market matures, investors may prefer projects with concrete applications, making ETFSwap’s offerings particularly attractive.

XRP Price: Faces Regulatory Challenges Amid Cross-Border Payment Ambitions

The XRP price aims to streamline cross-border payments between financial institutions. Despite its technological advantages, the XRP price faces regulatory scrutiny that hinders growth and creates uncertainty. While the XRP price has established partnerships and use cases, its potential for dramatic increases, like ETFSwap’s (ETFS) projections, seems limited. Investors may be attracted to ETFSwap’s (ETFS) innovative trading model and significant returns, especially considering the ongoing challenges the XRP price faces in the regulatory landscape.

Conclusion

While the Cardano price, the Dogecoin price, and the XRP price have their strengths, ETFSwap (ETFS) offers unmatched potential for a 37,000% rally by 2025, making it an exciting investment opportunity as its set to launch on exchanges.  Meanwhile, ETFSwap (ETFS) presale tokens are selling quickly. Buy yours now at $0.05769 before they are available on exchanges.

For more information about the ETFS Presale:

Visit ETFSwap Presale

Join The ETFSwap Community

 



Source link

Altcoin

Binance Founder Seeks Opinion On BNB Donation

Published

on


Binance founder Changpeng Zhao (CZ) is seeking the advice of the BNB community on the ideal way to give out over $1 million in BNB tokens to victims of the meme coin price crashes. CZ is mulling an outright donation to a non-profit, but the options of burning tokens or adding them to a liquidity pool are appealing alternatives.

CZ Set To Give Out $1 Million

In a post on X (formerly Twitter), CZ confirmed that donations for victims of Test (TST) and BROCCOLI meme coins had surpassed the $1 million mark. From the pool, CZ donated $100K (150 BNB), riding on the tailwind from a university student’s donations for victims of the ill-fated Libra project.

The Binance founder disclosed that he will not keep any of the BNB received but will seek community opinion on an appropriate means to give out the tokens. Right out the bat, CZ shut down suggestions that he will send tokens to individuals, citing an inability to verify claims while hinting at a community-focused action.

A cross-section of community members are pining for a non-profit donation in line with CZ’s streak of crypto-backed charity activities in recent months. While a donation to a non-profit sits at the top of the pyramid, CZ says the organization must have mechanisms for transparency for funds.

“My requirement for charity is that the receiving organization has to be crypto-enabled, and tracking must be allowed to the end beneficiary,” wrote CZ.

Binance Founder Eyes A Hybrid Approach

CZ opines that a hybrid approach may be the best route for giving out the donated BNB tokens. A portion of the funds may be given to a non-profit that ticks the boxes of transparency while others are pushing for burning the received tokens, potentially increasing asset values.

The founder notes that he is leaning toward deploying the funds to a liquidity pool after initial experiments birthed positive results.

“I don’t care if funds on this address make or lose money,” said CZ on the prospects of a liquidity pool. “I think this is an indirect way to give back to our community too.”

While airdrops have received a level of community support, CZ sees their implementation as a steep mountain to climb for wallet operators. He predicts that selecting eligible individuals for the airdrop will trigger a raging debate among community members.

✓ Share:

Aliyu Pokima

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

XRP Price Eyes Rally To $60 As Analyst Reveals Key Breakout Levels

Published

on


Crypto analyst Egrag Crypto has provided a bullish outlook for the XRP price, predicting it could rally to $60 in the long term. The analyst also revealed key breakout levels for XRP as it eyes a rally to the ambitious price target.

Key Breakout Levels As XRP Price Eyes Rally To $60

In an X post, crypto analyst Egrag Crypto highlighted $3, $6.4, $8, $13, and $27 as key breakout levels as the XRP price eyes a rally to $60. The analyst remarked that the range between $33 and $60 was a long-term target based on the channel projection he highlighted in his accompanying chart.

ImageImage

The crypto analyst outlined a bullish scenario in which the XRP price could rally to as high as $67. He stated that a monthly close above $3 would validate further upside. Egrag Crypto added that a breakout from Fib 1.618 at $6.4 would lead to the second Fib extension, which starts with $8, $13, $27, and $67 as of Fib 1.888. This prediction aligns with his recent analysis in which he predicted that XRP could hit a $3.4 trillion market cap.

Short-Term Outlook For The Crypto

Egrag Crypto also predicted that the XRP price could rally to between $4 and $6 in the short term. The analyst noted that XRP’s current price action is showing a strong bullish move but facing resistance at the red horizontal zone on the accompanying chart.

He further remarked that the red resistance line at $3 represents a critical level from the previous all-time highs (ATHs). The analyst added that a monthly close above this level could confirm a breakout toward the next Fibonacci extension targets, which are Fib 1.414 and Fib 1.1618, and price targets between $4.3 and $6.4, respectively. Based on this, Egrag Crypto stated that the upside targets are between $4.3 and $6, which are also the next significant resistance zones.

A Bearish Scenario For XRP

Egrag Crypto also outlined a bearish scenario for the XRP price. He stated that a rejection at $3 could lead to a pullback towards $1.90 and $2, which acted as support from the previous bullish candles.

The analyst added that a break below $1.90 could shift sentiment to bearish, introducing downward risks toward the $0.90 and $1 range. Egrag Crypto claimed that a drop to this level would signal a potential Black Swan event across all markets.

According to him, such a collapse would be a challenging prelude before the ignition stage for the XRP price. He then raised the possibility of the upcoming fort knox audit as a potential catalyst for this market crash.

The Bybit hack, which led to a loss of $1.4 billion in ETH, threatened to be a Black Swan event, as the crypto market crashed following it. However, the market has recovered impressively following the hack.

✓ Share:

Boluwatife Adeyemi

Boluwatife Adeyemi is a well-experienced crypto news writer and editor who has covered topics that cut across DeFi, NFTs, smart contracts, and blockchain interoperability, among others. 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 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.





Source link

Continue Reading

Altcoin

Will Dogecoin Price Soar 200% As DOGE ETF Approval Odds Hit 75%?

Published

on


Dogecoin price has been gaining attention as analysts predict a potential surge of 200% amid growing speculation about a Dogecoin ETF approval. Market participants are closely watching price movements, with many expecting DOGE to surpass its all-time high of $0.739.

As the U.S. Securities and Exchange Commission (SEC) reviews multiple applications for a Dogecoin ETF, traders and investors are anticipating a major rally.

Dogecoin ETF Filings and Market Expectations

Grayscale Investments, CoinShares, and WisdomTree have submitted applications for a Dogecoin ETF, aiming to provide investors with regulated exposure to the cryptocurrency. The SEC has acknowledged Grayscale’s filing, signaling the beginning of a formal review process.

If approved, the ETF could attract institutional investors, potentially driving up Dogecoin price.

Regulatory sentiment toward cryptocurrencies appears to be shifting, especially under the current administration. Recently, the SEC dropped its lawsuit against Coinbase, reflecting a more crypto-friendly stance. This change has fueled optimism regarding the approval of new crypto investment products, including altcoin ETFs like XRP, Litecoin, Hedera and a Dogecoin ETF. Consequently, analysts suggest that if an ETF receives approval, Dogecoin price could see a substantial increase.

Technical Indicators Suggest a Bullish Outlook

Chart analysis indicates that Dogecoin price may be preparing for a breakout. A falling wedge pattern has formed on the four-hour chart, and DOGE has broken out of this formation. This pattern is typically seen as a bullish signal, suggesting further price gains.

Key indicators also point toward potential upside movement. The Average Directional Index (ADX) stands at 27.95, indicating that a trend is forming. Meanwhile, the Relative Strength Index (RSI) has risen to 43.67, recovering from oversold conditions. If RSI crosses above 50, it could confirm bullish momentum for Dogecoin price.

DOGE/USD 4hr price chart (TradingView)DOGE/USD 4hr price chart (TradingView)
DOGE/USD 4hr price chart (TradingView)

Traders are watching key support and resistance levels. The support level is around $0.23, while resistance sits at $0.26 and $0.30. A move above these levels could signal further gains for Dogecoin price.

Analysts Predict DOGE Price Could Reach $3 to $5

Several analysts like Javon Marks are forecasting major price increases for Dogecoin in the current market cycle. Concurrently, Basic Trading has identified $0.2, $0.5, and $5 as key price levels, noting that Dogecoin price is in an upward trend despite recent corrections. The analyst pointed out that DOGE has followed a historical pattern of large percentage gains in previous bull cycles.

Crypto analyst Ali Martinez has also projected a bullish scenario for Dogecoin price. He highlighted that if the support range between $0.16 and $0.19 holds, DOGE could rally to $3. Similarly, analyst Trader Tardigrade stated that Dogecoin’s macro chart is showing a similar pattern to the 2017 cycle, which could result in a surge toward $1.7.

Other analysts have set even higher price targets. Dima Potts suggested that Dogecoin price could reach $10 if it mirrors past bull market trends. Some traders believe that DOGE’s historical price movements indicate a strong possibility of surpassing previous all-time highs.

✓ Share:

Kelvin Munene Murithi

Kelvin is a distinguished writer with expertise in crypto and finance, holding a Bachelor’s degree in Actuarial Science. Known for his incisive analysis and insightful content, he possesses a strong command of English and excels in conducting thorough research and delivering timely cryptocurrency market updates.

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