Dogecoin Price Analysis By Crypto Expert: DOGE Cannot Give The Same Returns As ETFSwap (ETFS)
As the crypto market prepares for a bull market in the coming months, Dogecoin and ETFSwap (ETFS) are cryptocurrencies under the radar of many retail and institutional investors. This price analysis will examine why Dogecoin cannot give the same returns as ETFSwap (ETFS).
ETFSwap (ETFS) Price Analysis
ETFSwap (ETFS) is a platform that trades real-world ETF-class assets on the blockchain. Its native token, ETFS, is selling at $0.01831 in its ongoing presale and has been touted to bring more returns than Dogecoin. The predicted launch price of the ETFSwap (ETFS) token makes this bold claim a reasonable prediction. According to market experts, ETFSwap (ETFS) is expected to launch at $10 after it is rumored to launch exchanges like Binance, Coinbase, MEXC, and other top exchanges. According to market patterns, token listing on major exchanges signifies reliability and drives launch prices high.
The current run of the ETFSwap (ETFS) presale is another reason some analysts peg its launch price at $10. The first presale stage raised well over $1 million and was completed within days. The second presale stage is underway and has raised over $1.8 million. The success of the presale up to this moment indicates strong buying pressure. This bullish momentum is expected to continue up to the next presale stage until the launch date.
In addition to its launch on major exchanges and a successful presale run is the token’s utility. The ETFSwap (ETFS) token is set to sustain its current momentum and ensure a massive rise. The ETFS token is a key access to the ETFSwap trading platform. Since the ETFSwap (ETFS) platform is a DeFi platform to trade exchange-traded funds on the blockchain, its native token plays a major role in trading activities. With the ETFSwap (ETFS) token, traders can access ETF trading resources and the new ETF AI trading assistant tool. The AI assistant is designed to help traders make informed investment decisions. It analyzes big data to give predictive and sentiment analysis.
The token also allows traders to enjoy discounts on transaction fees on the platform. As for all investors, the ETFSwap (ETFS) token gives access to the staking pool, giving up to 36% profit, APR yield with up to 87% profit, voting rights, and airdrop rewards. With so many utilities attached to the ETFSwap (ETFS) token, not only will it launch at a high price, but it will also maintain its growth, not plummeting after launch. It’s good to note that the ETFSwap (ETFS) platform and its team have been audited and verified by recognized security companies in the crypto community — a stamp of financial product security.
Dogecoin Price Prediction
Since Dogecoin (DOGE) had its highest price of $0.7316 in 2021, several efforts to retest this price have been unsuccessful. Currently trading at $0.103, Dogecoin is in a long-term bearish run. However, should the crypto market experience a sudden bullish movement, Dogecoin may hit $ 0.137152 in the next 30 days based on the 200-day SMA.
As for now, Dogecoin’s immediate forecasts are neutral, as indicated by its 14-day RSI. However, Dogecoin will likely remain bearish in 2024 based on historical performance, key price levels, and technical analysis. The soonest time Dogecoin can rise significantly by 60% could be in 2025. Currently, so many alternatives have been created for Dogecoin. These other meme coins are vying for market capitalization, inflow, and community support with Dogecoin, making it hard to increase astronomically.
Conclusion
The analysis has shown the potential of ETFSwap (ETFS) to rise by over 600%, taking its current presale price to $10 when it launches on major exchanges. On the other hand, Dogecoin has a short-term neutral sentiment and is bearish in the long term. It’s easy to deduce that DOGE cannot give the same returns as ETFSwap (ETFS). Buy ETFSwap (ETFS) today at $0.01831 before the presale ends.
For more information about the ETFS Presale:
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