Stories and Reviews
October 23, 2024

ETFSwap (ETFS) Leads List Of Altcoins Under $1 That Could Rally 500x As Bitcoin Price Struggles

As Bitcoin price struggles to break resistance above $68,000, experts see an imminent rotation from Bitcoin (BTC) into altcoins by crypto investors. In search of the best altcoins to buy for profit ahead of the altcoin season, the new ETFSwap (ETFS) token leads the list of altcoins under $1 that could rally 500x.

ETFSwap (ETFS) is in its final presale stage, offering last-minute opportunities to investors who are looking to capitalize on its undervalued price for maximum profits.

ETFSwap (ETFS) To Lead Other Altcoins Ahead Momentum Shifts From Bitcoin

ETFSwap (ETFS) is poised to lead altcoins in the coming rally as Bitcoin price struggles to maintain upward momentum. With investment expected to rotate to altcoins, ETFSwap (ETFS) is a leading pick to bet on, especially for its low price entry and huge margin. The new project presents an on-chain platform for trading tokenized ETFs backed by actual ETF assets from traditional markets.

The new project will be launching on Ethereum, capitalizing on the network to improve transparency, security, and robust DeFi network for rapid adoption and growth. ETFSwap (ETFS) as a platform will combine the best features from centralized and decentralized markets, helping users find the optimal use cases for their ETF assets.

Additionally, ETFSwap (ETFS) will facilitate means for passive income, such as staking rewards on the ETFS token, which promises 87% APR (annual percentage rate). Users will also be able to stake their tokenized ETFs for specific periods for exciting rewards. The tokenized assets also open up opportunities to lend for liquidity, which can be used to trade other crypto opportunities for profit.

These features are unavailable on existing centralized platforms for trading ETF assets, and users look forward to making the pivot to ETFSwap (ETFS) for extensive on-chain features. Also, the ETFSwap (ETFS) platform has hit the Testnet, as the beta platform is set for launch in the coming weeks.

The beta platform offers a first look into features, including staking, liquidity pools, the ETF price tracker, and many more. Early users also expect to test AI-powered tools like the ETF Screener and Finder, which will provide market recommendations based on extensive data analysis.

Confidence has grown in the ETFSwap (ETFS) presale since the team passed the KYC audit by SolidProof, with investors swarming in to buy the last tokens on the final presale stage.

Bitcoin Price Struggles To Break Resistance Above $68,000

Bitcoin price slipped below $50,000 on October 10 amid rumors that the US Federal Reserve might pause November rate cuts. Coming after the Labor Department reported a slightly higher Consumer Price Index (CPI) inflation rate for September, Atlanta Fed President Raphael Bostic said the central bank might consider holding off on cutting interest rates in November.

Bitcoin price saw volatility last week amid the US inflation rate, which reported a 0.2% increase instead of the 0.1% expectation combined with weekly jobless claims. However, Bitcoin price rebounded back to a three-month high of $68,000, supported by Spot Bitcoin ETF inflows.

According to Investopedia, the 12 United States Spot Bitcoin ETFs have received total inflows of $1.4 billion this week, with the funds on pace to record strong weekly inflows. Bitcoin price as of this writing is at $66,907, and it is struggling to maintain momentum above $68,000.

Experts attribute the surge in ETF inflows to the Federal Reserve 50 base point cut and expect investors’ optimism to rise if the rate cuts continue till the end of the year. As such, altcoins could also be set for a rally as crypto experts bet it all on ETFSwap (ETFS) to lead the momentum.

Conclusion

Experts see a run on altcoins, and ETFSwap (ETFS) is the favorite pick to capitalize on as Bitcoin price hits headwinds at $68,000. ETFSwap (ETFS) is massively underpriced in the ongoing presale, which allows for the possibility of up to 40,000% in profits for the token in the long term. The presale is already in the final stage, and you should get in now before the window closes.

Buy ETFSwap (ETFS) on presale now at $0.03846 before the final presale stage ends.

For more information about the ETFS Presale:

Visit ETFSwap Presale

Join The ETFSwap Community

Disclaimer

In line with the Trust Project guidelines, please note that the information provided on this page is not intended to be and should not be interpreted as legal, tax, investment, financial, or any other form of advice. It is important to only invest what you can afford to lose and to seek independent financial advice if you have any doubts. For further information, we suggest referring to the terms and conditions as well as the help and support pages provided by the issuer or advertiser. MetaversePost is committed to accurate, unbiased reporting, but market conditions are subject to change without notice.

About The Author

Gregory, a digital nomad hailing from Poland, is not only a financial analyst but also a valuable contributor to various online magazines. With a wealth of experience in the financial industry, his insights and expertise have earned him recognition in numerous publications. Utilising his spare time effectively, Gregory is currently dedicated to writing a book about cryptocurrency and blockchain.

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Gregory Pudovsky
Gregory Pudovsky

Gregory, a digital nomad hailing from Poland, is not only a financial analyst but also a valuable contributor to various online magazines. With a wealth of experience in the financial industry, his insights and expertise have earned him recognition in numerous publications. Utilising his spare time effectively, Gregory is currently dedicated to writing a book about cryptocurrency and blockchain.

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