Solana-based meme coin Bonk (BONK) has remained tepid for a while now, losing its place as the foremost Solana meme coin to Dogwifhat (WIF). However, analyst Bluntz has predicted that BONK could soon enjoy a parabolic rally. The Ethereum token ETFSwap (ETFS) is also projected to enjoy an unprecedented price gain in this market cycle.
ETFSwap (ETFS) To Enjoy An Unprecedented Price Gain
An analyst has predicted that ETFSwap (ETFS) will enjoy an unprecedented price gain of up to 30,000% from its current price of $0.03846 in its ongoing presale. The Ethereum token is expected to enjoy this price surge thanks to its impressive utility. ETFS is the native token of ETFSwap, a decentralized investment platform that offers both tokenized exchange-traded funds (ETFs) and cryptocurrencies.
Investors will be able to access this first-of-its-kind offering using the ETFSwap (ETFS). All they need to do is to swap the Ethereum token for their desired asset. The token also provides access to several other commodities on the decentralized finance (DeFi) platform, including gold, silver, crude oil, rubber, and cotton, among others.
Using the Ethereum token to invest in these assets on the ETFSwap platform is also very straightforward, as there are no Know-Your-Customer (KYC) requirements on the platform. Therefore, investors can start investing quickly. They will also have the opportunity to invest anonymously as zero-knowledge (ZK) proof technology has been integrated into the platform.
The ETFSwap (ETFS) token also unlocks other exciting features on the decentralized trading platform. For instance, users will be able to stake their ETFs and earn juicy staking rewards. Investors can also stake the ETFS token and earn up to 87% annual percentage yield (APY) on the Ethereum token.
The trading platform also offers perpetuals for ETFs. This means users can hold derivative contracts that allow them to bet on the future price of these ETFs without expiration. ETFSwap offers up to 50x margin on the initial trading capital. Meanwhile, this trading feature can help serve as a hedge against an investment in the underlying asset.
Holders of the Ethereum token will also have access to the artificial intelligence (AI) powered trading tools on the ETFSwap platform. These tools, ETF Screener and ETF Tracker, make holders more successful in their trades by providing them with the best ETF recommendations. These tools also perform predictive analysis, providing insights into the future outcome of a potential trade.
Furthermore, the ETFSwap (ETFS) token provides access to exclusive investment opportunities on the platform, including its ETF, which will launch next year. Holders of the Ethereum token will have voting rights, which will allow them to participate in the decision-making on the DeFi platform. Holders are also eligible for the monthly airdrops from the ETFS reward pool.
ETFSwap’s projected 30,000% price surge could soon begin with bullish developments on the horizon. The ETFSwap team has already announced that phase 1 of the beta platform will launch soon enough. The backend has been developed, and all that remains is the thorough testing of the platform’s user interface (UI).
Written by seasoned experts, who have over 16 years of experience in Free Zones development. Learn more.
Solana’s BONK To Enjoy Legendary Rally
Analyst Bluntz has predicted that the Solana-based meme coin Bonk (BONK) will enjoy a legendary rally. The analyst stated that the recent post-weekly dip that Solana’s BONK suffered is ideal. He added that the Solana-based meme coin BONK is now in “prime position for a turbo green week.”
Although the analyst didn’t give a timeline for when Solana’s BONK will enjoy this parabolic rally, his accompanying chart showed that it could be sometime this month. The chart showed that the Solana-based meme coin BONK could rise to $0.000033 when this price rally occurs. However, it remains to be seen whether BONK will flip Dogwifhat (WIF) as the foremost Solana meme coin when this legendary rally happens.
Conclusion
Based on predictions made by these analysts, investors stand to make more returns on ETFSwap (ETFS) than the Solana-based meme coin BONK. As such, investors shouldn’t waste time buying the Ethereum token in its ongoing presale before it records its 30,000% price gain.
