A respected crypto expert recently made a bold claim about an under-the-radar Ethereum (ETH) coin, ETFSwap (ETFS). Currently trading at just $0.03846, ETFSwap (ETFS) is poised to reach $1 before established players like Cardano (ADA) and Tron (TRX). The prediction has got heads turning in the investment community.
Cardano (ADA) and Tron (TRX) Target $1
Cardano (ADA), currently trading at $0.32, has struggled to gain bullish momentum in the last few weeks. The current crypto market decline has Cardano’s (ADA) 50-day Simple Moving Average (SMA) at $0.38, and its 14-day RSI indicates a slightly overbought condition at 46. According to market experts, Cardano (ADA) may struggle to reach the $0.5 price level by the end of 2024 as its gains remain short-lived — dropping after rising. Given this, Cardano (ADA) hitting $1 may require a more extended period, possibly in 2025.
Current crypto market conditions also affect Tron’s (TRX) price movement (TRX). Tron (TRX) sells at $0.1514 after experiencing a 1.44% 24-hour drop. Despite the Tron (TRX) network hosting many crypto projects, the crypto expert referenced a price prediction report that shows Tron (TRX) is expected to decline further by 16%. Tron’s (TRX) 50-day moving average is falling, indicating a bearish sentiment. However, its 200-day moving average has been gradually increasing. Looking ahead, the best Tron (TRX) can do is to rise to its all-time high of $0.30.
Why ETFSwap (ETFS) Will Reach $1 Before Cardano (ADA) and Tron (TRX)
Cardano (ADA) and Tron (TRX) are indeed established players, but the strong fundamentals of the ETFSwap (ETFS) Ethereum (ETH) coin and its clear use case are set to drive its growth and worth through the roof. This Ethereum (ETH) coin is the native token of the ETFSwap (ETFS) trading platform. Understanding the role of the ETFSwap (ETFS) platform in the crypto market gives a clearer picture of why the crypto expert made this bold prediction.
The Defi platform is a place to buy and trade tokenized ETFs. This means that instead of going to traditional finance institutions to buy ETFs in different sectors, ETFSwap (ETFS) tokenizes them, making it possible to buy them on the blockchain using cryptocurrency.
This innovative solution for trading exchange-traded funds is timely, as millions of investors have been targeting the ETF market lately. Moreover, the platform also has perpetual trading options, enabling traders to interact with various asset classes and enjoy up to 50x leverage. Since it’s a full-fledged trading platform, it is equipped with AI tools to help traders maximize profit.
When ETFSwap (ETFS) platform launches, the AI tools will be able to serve as a trading assistant to users by reading and analyzing trading patterns to provide accurate investment recommendations. The Defi platform has been audited, and every ETF asset class available is from MiCa-compliant investment banks.
With investment security assured, nearly a million people have been waiting for the ETFSwap (ETFS) platform to launch. Meanwhile, the ETFSwap (ETFS) native token is already on sale. About 350 million Ethereum (ETH) coins have been sold in the last few weeks, and about $4 million has been raised. The huge sale is partly due to the solid fundamentals and timely market solution of the ETFSwap (ETFS) platform.
On the other hand, the use case of the ETFS token, which includes access to premium ETF tools and many earning opportunities, is another reason for the success of the ongoing presale. With a huge investment inflow into the ongoing presale of Ethereum (ETH) coin and the massive demand for the ETFSwap (ETFS) Defi platform, it is sure to skyrocket to $1 in no time, although it is currently trading at $0.03846.
Conclusion
The current performance of Cardano (ADA) and Tron (TRX) shows it is too ambitious to expect these coins to reach $1 in the next six months or even a year. Judging by the bullish performance of the Ethereum (ETH) coin, ETFSwap (ETFS), especially its presale success, it has a higher tendency to reach and surpass $1 when it launches. Buy this Ethereum (ETH) coin now before the presale ends.
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