Bitcoin, Ethereum, Fantom, Binance Coin, And Avalanche Are Overhyped, Analyst Says Buy This Altcoin Instead – CoinCodex
Posted: July 1, 2024 at 2:35 am
Top analysts in the crypto industry now believe the more mainstream cryptocurrencies from Bitcoin (BTC) to Avalanche (AVAX) are overhyped and no longer hold the profit potential they used to have. Conversely, a popular analyst advises altcoin investors to buy ETFSwap (ETFS), an Ethereum token that is smashing presale records in the crypto space.
Top analysts and big figures in the crypto market say they favor ETFSwap (ETFS) as the next altcoin to rally above 500x over Bitcoin (BTC) and most popular altcoin, including Ethereum (ETH), Fantom (FTM), Binance Coin (BNB), and Avalanche (AVAX).
ETFSwap (ETFS) revolutionizes the crypto market by integrating the best parts of DeFi with institutional-grade assets. Built on the highly secure and scalable backbone of the Ethereum blockchain, ETFSwap(ETFS) offers investors and traders access to tokenized institutional exchange-traded funds (ETFs).
On ETFSwap (ETFS), traders and investors of all calibers can trade and invest in a diverse range of tokenized assets, including bonds, equity, treasuries, commodity ETFs, and cryptocurrency ETFs. These assets, in turn, cover a wide range of industries, from agriculture to healthcare, energy, etc.
Users can swap their crypto with ETFs on ETFSwap (ETFS) or vice versa. With up to 10x leverage on all trades, they can buy or sell ETFs with optimal liquidity. Things get a step further with perpetual futures and options trading, as traders can access up to 50x leverage to flip their investments for heightened profits.
ETFSwaps native token, ETFS, is so steeped in platform-wide utility that analysts predict 500x gains above Bitcoin (BTC) and the popular altcoins, including Ethereum (ETH), Fantom (FTM), Avalanche (AVAX), and Binance Coin (BNB). Users can enjoy discounted trading fees and a monthly airdrop from a reward pool containing all transaction fees collected as sell tax. Staking ETFS also enables investors to earn passive income with an 87% APR yield.
This is the prime time for investors to amass ETFSwap (ETFS) at a discounted price of $0.01831 as the public sale is ongoing. The 20% bonus promo also positions users to amplify the returns on their investments.
Bitcoin (BTC) started 2024 with impressive momentum, surpassing its all-time high of $69,170, to eventually set a new peak of $73,750 on March 14. However, the tides quickly turned as Bitcoin (BTC) began a correction phase, which currently has it trading under the $70,000 mark and close to the crucial support level of $60,000.
Bitcoin (BTC) is trading at $61,482 at the time of press, a further drop of 4.13% over the past week. Bitcoin (BTC) is not suffering alone, however. The bearish conditions on the worlds biggest cryptocurrency have caused ripples throughout the market, and the biggest altcoins, from Ethereum to Fantom (FTM), are facing challenges of their own.
ETFSwap Presale, Buy Now
The biggest altcoin, Ethereum, has taken a hit amid the ongoing bearish market conditions. Ethereum saw a sucker rally following the SECs approval of Spot Ethereum ETFs but has since trended downwards with a 0.23% drop over the past week.
Fantoms (FTM) infrastructure has come under intense scrutiny following a $200 million loss to the Multichain Exploit in 2023 and another $500,000 loss to a hot wallet hack in late 2023. The development does not bolster confidence in the notoriously volatile altcoin.
Avalanche (AVAX) and Binance Coin (BNB) are both trading at lower prices than their level a week ago and reduced trading volumes. Binance Coin (BNB) is currently priced at $576.44, while Avalanche (AVAX) is at $25.5.
Bitcoin (BTC), Ethereum (ETH), Fantom (FTM), Binance Coin (BNB), and Avalanche (AVAX) have all failed to inspire confidence as the crypto market plunges. However, ETFSwap (ETFS) is smashing barriers to becoming the favored altcoin among analysts for maximizing profits. Investors can join the presale now to ensure they reap bountifully when ETFSwap (ETFS) takes off to the moon.
For more information about the ETFS Presale:
Visit ETFSwap Presale
Join The ETFSwap Community
Disclaimer: This is a sponsored article. The views and opinions presented in this article do not necessarily reflect the views of CoinCodex. The content of this article should not be considered as investment advice. Always do your own research before deciding to buy, sell or transfer any crypto assets.
Original post:
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