Crypto Analyst Says ETFSwap (ETFS) Will Lead The 2024 Bull Run Ahead Of Dogecoin (DOGE) And Shiba Inu (SHIB)
A
crypto
analyst
has
predicted
that
ETFSwap
(ETFS)
will
lead
the
upcoming
2024
bull
run,
potentially
surpassing
Dogecoin
(DOGE)
and
Shiba
Inu
(SHIB).
A
crypto
analyst
has
unveiled
the
next
crypto
project
set
to
lead
the
2024
bull
run,
outpacing
prominent
cryptocurrencies
like
Dogecoin
(DOGE)
and
Shiba
Inu
(SHIB).
According
to
this
analyst,
ETFSwap
(ETFS)
has
positioned
itself
as
a
frontrunner
in
the
upcoming
bull
market,
garnering
the
attention
of
institutional
investors
and
crypto
enthusiasts
alike.
Dogecoin
(DOGE)
Volatility
Points
To
Stagnation
According
to
data
from
IntoTheBlock,
Dogecoin
(DOGE)
has
been
trading
sideways
for
the
past
few
weeks.
The
cryptocurrency’s
price
fundamentals
have
exhibited
some
volatility,
marked
by
sporadic
declines
followed
by
modest
gains.
IntoTheBlock
also
revealed
that
Dogecoin
(DOGE)
has
recorded
its
lowest
price
level
in
the
last
30
days.
The
on-chain
analytics
platform
has
attributed
the
cryptocurrency’s
unstable
performance
and
lack
of
action
to
low
volatility.
This
implies
that
the
cryptocurrency
has
been
witnessing
a
decline
in
interest
from
short-term
speculators
and
traders,
potentially
resulting
in
a
stagnant
price.
CoinMarketCap
has
recorded
a
4.37%
decrease
in
the
dog-themed
meme
coin
over
the
past
month,
highlighting
Dogecoin’s
failure
to
overcome
bearish
resistance.
At
the
time
of
writing,
the
cryptocurrency’s
price
is
trading
at
$0.15,
marking
a
3.78%
decline
in
the
last
seven
days.
Shiba
Inu
(SHIB)
Experiences
Price
Fluctuations
Similar
to
Dogecoin
(DOGE),
the
price
of
Shiba
Inu
(SHIB)
has
been
experiencing
a
series
of
unpredictable
declines
and
gains
recently.
According
to
data
from
market
research
platform,
Santiment,
Shiba
Inu’s
daily
active
addresses
fell
by
50%
earlier
this
month.
After
experiencing
a
2.98%
price
increase
over
the
past
month,
the
cryptocurrency
plummeted
again
by
0.58%
in
the
last
seven
days.
This
price
fluctuation
is
typical
for
meme
coins,
which
are
highly
susceptible
to
small
changes
in
market
sentiment
and
social
trends.
Despite
multiple
predictions
of
a
substantial
surge
as
the
bull
market
kicks
off,
Shiba
Inu’s
price
fundamentals
have
been
less
than
impressive
lately.
At
the
time
of
writing,
the
cryptocurrency
is
trading
at
$0.000023,
unable
to
revisit
its
previous
record
high
in
March
of
over
$0.00004.
ETFSwap
(ETFS)
Sets
The
Stage
To
Lead
2024
Bull
Run
ETFSwap
(ETFS)
has
been
gaining
a
significant
amount
of
traction
lately,
capturing
the
attention
of
the
broader
crypto
market.
Unlike
Dogecoin
(DOGE)
and
Shiba
Inu
(SHIB)
which
are
currently
experiencing
significant
price
volatility,
ETFSwap
(ETFS)
is
surging
considerably,
recording
a
steady
rise
in
users
and
investors.
Analysts
have
predicted
that
ETFSwap
(ETFS)
will
potentially
spearhead
the
upcoming
bull
run
in
this
current
market
cycle.
This
forecast
is
attributed
to
the
crypto
platform’s
underlying
fundamentals
and
its
overperformance
in
the
past
few
weeks.
Prior
to
its
ongoing
presale,
ETFSwap
(ETFS)
conducted
a
private
fundraising
round,
which
raised
over
$750,000,
achieving
the
project’s
funding
target.
Additionally,
the
trading
platform
has
seen
a
massive
surge
in
demand
for
its
native
token,
ETFS,
as
more
than
80
million
tokens
were
sold
in
just
the
first
stage
of
its
presale.
The
sentiment
surrounding
this
crypto
project
is
also
driven
by
its
innovative
approach
to
decentralized
trading.
ETFSwap
(ETFS)
currently
provides
regulated,
institutionally
listed
Exchange
Traded
Funds
(ETFs)
for
trades.
Users
of
this
platform
can
purchase
and
trade
a
wide
range
of
exchange-traded
funds
(ETFs),
including
the
infamous
Spot
Bitcoin
ETF,
leveraged
ETFs,
fixed-income
ETFs,
commodities
ETFs,
and
cryptocurrency
futures
and
spot
ETFs.
Furthermore,
ETFSwap
(ETFS)
offers
users
extremely
sophisticated
trading
solutions
together
with
real-time
performance
tracking
tools
for
ETFs.
This
platform
also
delivers
a
safe
and
reliable
trading
environment
for
users
to
execute
transactions
and
manage
their
ETFs.
With
the
use
of
blockchain
technology,
ETFSwap
(ETFS)
aims
to
fully
exploit
the
potential
of
tokenized
ETF
trading
while
ensuring
user
security
and
transparency.
This
platform
also
offers
perpetual
futures
and
options
trading
providing
traders
up
to
50x
leverage
on
all
ETFs
listed.
As
a
decentralized
exchange,
ETFSwap
also
provides
anonymous
trading
options,
enabling
users
to
keep
their
identities
private
while
performing
trades.
Unlike
traditional
ETF
platforms,
there
are
no
KYC
requirements
on
ETFSwap.
This
expedites
the
process
of
opening
an
account
and
limits
the
ability
of
third
parties,
such
as
financial
institutions
and
authorities,
to
interfere.
With
anticipation
surrounding
ETFSwap’s
preparation
to
lead
the
next
bull
run,
investors
are
taking
advantage
of
its
ongoing
presale
to
purchase
tokens
at
a
lower
price.
Early
investors
can
potentially
reap
more
profits
as
ETFS
tokens
gradually
increase
in
value
as
the
platform
evolves.
Currently,
the
cryptocurrency
is
priced
at
$0.00854
in
the
first
presale
phase.
However,
during
the
second
presale,
ETFS
is
poised
to
increase
to
$0.01831,
potentially
setting
the
stage
for
a
mega
rally
to
new
all-time
highs
in
the
forthcoming
bull
run.
For
more
information
about
the
ETFS
Presale:
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