With the meme coin market becoming increasingly competitive, utility projects like ETFSwap (ETFS) have become the new star of the market. Also, investors are capitalizing on the ongoing presale of the Ethereum altcoin to get in for cheap ahead of promising market gains at launch.
Amid recent market trends, analysts expect the Dogecoin price to make a go for its yearly high resistance of $0.2288. The $0.2288 price level is considered a crucial milestone for the meme coin, especially as a bullish confirmation for investors.
Technical analysis on the Dogecoin price chart shows that its MVRV has reached levels last seen in May, suggesting a potential trigger for a meme coin season. Impressive Dogecoin price movement is considered a precursor to explosive price trends on other meme coins, making DOGE’s price action a must-watch for several meme coin lovers.
The Dogecoin price at this time is $0.1688, as the meme coin attempts to sustain an extended move above the $0.1756 resistance. Analysts believe that a move above this resistance would put Dogecoin in a key rectangular channel that could spur a move towards a new yearly high above $0.2288.
Analysts see potential in the Dogecoin price movement in the coming weeks and recommend Ethereum altcoin ETFSwap (ETFS) for a promising price trend toward the coming bull market.
ETFSwap (ETFS) is an emerging blockchain-based platform that will provide decentralized global ETF accessibility via tokenized ETFs. With assets tokenized on-chain, ETFSwap (ETFS) promises broader use cases on ETFs and looks to expand the boundaries of these TradFi assets.
With momentum growing on tokenization and real-world assets, the Ethereum altcoin is poised to deliver the best market gains in the coming bull run. ETFSwap (ETFS) addresses a market need for ETF accessibility, easy investment conversion on the asset, and on-chain anonymity.
ETFSwap (ETFS) capitalizes on blockchain’s capabilities to solve this market need, building the first decentralized ETF platform in the process. As such, presale investors are also looking to capitalize on the first-mover advantages of this platform as analysts predict massive success.
The platform’s native token ETFS will have multiple use cases on the DeFi platform. The Ethereum altcoin will power up to 87% returns when staked, in addition to governance participation, fee payments, crypto-to-ETF conversions, and access to specific platform features.
Additionally, ETFSwap (ETFS) will facilitate benefits such as faster ETF settlement, round-the-clock trading, higher liquidity than centralized platforms, swift crypto-to-ETF conversions, collateralizing assets for liquidity, and many more. The new ETF platform builds an edge over existing centralized trading platforms and will look to win over TradFi investors once it launches.
Furthermore, ETFSwap (ETFS) has launched on Testnet, and a beta launch is expected to follow. Users will be allowed early access once thorough UI testing is complete on Testnet. With this beta app, early users expect a first look into features such as liquidity pools, staking, swaps, and an ETF price tracker. The ETFSwap (ETFS) has also passed the KYC audit by SolidProof, satisfying a crucial process that boosts investors’ confidence ahead of launch.
Ethereum altcoin ETFSwap (ETFS) is showing potential to outperform Dogecoin price movements as analysts confirm its impressive prospect. The new Ethereum altcoin is set for an 8,000% price move in the next 16 days as it rounds up its bonus stage and launches on top centralized and decentralized exchanges.
You can still get in at $0.05769 ahead of the major price pump in the coming days.
Disclaimer: The text above is an advertorial article that is not part of Coincu.com editorial content. |
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