Struggling cryptocurrencies like Cardano (ADA) have heightened the interest in ETFSwap ($ETFS), as many believe it’s an excellent replacement for these turbulent times. ETFSwap’s impressive achievement in its private round has brought it under the spotlight, and it is now a project of interest to top investors looking to profit from the crypto market.
Cardano (ADA) Price Outlook: Experts Predict Increased Selling Pressure If Price Stall Persists
Cardano (ADA) has dropped a notable amount since peaking at $0.80 in mid-March. The altcoin has lost about 19% of its value since then to trade below the $0.6 support. Amid this, the fear of further decline is becoming prominent, and holders are gradually selling their tokens.
Analysts believe the general market decline caused by Bitcoin’s price fall contributed to Cardano’s (ADA) downtrend. They’ve also attributed the lack of development in the Cardano (ADA) ecosystem as the principal cause of the altcoin’s struggle.
Given this, Cardano’s (ADA) whales are gradually shifting their holdings, preferring to invest in exciting new projects like ETFSwap ($ETFS). This means an exodus from the cryptocurrency is imminent, and crypto pundits predict a potential massive sell-off if Cardano (ADA) fails to surge beyond its $0.59-$0.64 price range soon.
Although Cardano’s (ADA) return to $1 looks increasingly impossible, a general market improvement could make it happen. The altcoin could return to $0.8 and test the resistance at $0.9 – $1.00. Beating the rejection at $0.64 would be crucial for Cardano (ADA) to achieve this, but would still ultimately fall well below ETFSwap’s performance.
Nevertheless, the altcoin remains among the top 10 largest coins by market cap, with its $21.1 billion market cap value putting it at 9th on the log. However, high FUDs surround it as the sentiment gradually turns bearish.
ETFSwap ($ETFS): Facilitating Crypto ETF Revolution
ETFSwap ($ETFS) will usher in a new age of financial inclusion and empowerment for players in the finance sector, whether big or small. The trading protocol is built on the ERC-20 standard and will utilize blockchain technology to harness and combine the benefits of traditional finance and DeFi.
The blockchain-powered platform will combine DeFi principles with established exchange-traded funds (ETF) frameworks to provide a dynamic and all-inclusive landscape for ETF trading. As a result, ETFSwap ($ETFS) will be the go-to trading protocol to enjoy unparalleled liquidity, optimum security, high efficiency, and transparency.
The platform will facilitate ETF tokenization, making ETFs more accessible and lucrative for investors. It boasts innovative features like an ETF screener, filter, and finder, making ETF trading easy, even for a novice. Hence, whether you’re a professional or just getting started, using ETFSwap ($ETFS) will increase your chances of trading successfully.
The lack of KYC requirements on the platform makes accessibility easy. ETFSwap ($ETFS) is decentralized and will allow users to enjoy trading without regulations from centralized authorities. The decentralized ETF trading platform will enable users to leverage their trades by 10x, amplifying potential gains. Even though higher leverage comes with higher risks, traders can benefit from ETFSwap’s ($ETFS) 24/7 risk management mechanism and this makes it a safe platform to trade.
Investors can also leverage the ETFSwap native token, $ETFS, for maximum gains. This deflationary token will allow investors to access ETF offers on the platform and facilitate the tokenization of ETFs. Holders will be eligible for different opportunities on the platform, ranging from premium membership to governance rights and staking returns.
$ETFS’ demand is expected to skyrocket with the increasing usage of the ETFSwap platform and the ERC-20 currency will set the standard for investing in ETFs via a decentralized platform.
Investors could also profit from possible price increases of the coin upon market debut. $ETFS is currently valued at $0.00854 on presale but could be worth 100x more after its public sale is completed and the token is listed on major centralized and decentralized exchanges.
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Disclaimer: This is a paid post and should not be treated as news/advice.
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