A crypto analyst recently revealed their expectations for ETFSwap (ETFS), Dogecoin (DOGE), and Shiba Inu (SHIB) in this bull run. The analyst sounded so bullish on ETFSwap (ETFS), predicting that it will make an unprecedented run in this market cycle.
Meanwhile, his price targets for the foremost meme coins, Dogecoin (DOGE) and Shiba Inu (SHIB), are fair enough, although they are nothing compared to his expectations for ETFSwap (ETFS).
Crypto Analyst Says That ETFSwap (ETFS) Will Make An Unprecedented Run
The crypto analyst mentioned that ETFSwap (ETFS) will see a 5000x increase in its price in this bull run. The analyst noted that the crypto token could “easily” make this unprecedented rally, as some narratives are playing out in its favor. A run like this will likely put ETFSwap (ETFS) in a world of its own, with no other crypto asset coming close.
The Real World Assets (RWA) meta is one of the narratives the analyst mentioned. ETFS is the native token of ETFSwap, an RWA project that tokenizes and enables on-chain trading of on-chain trading of exchange-traded funds (ETFs). The analyst claims that ETFS could gain much attention from Web3 natives once RWA becomes the leading narrative, especially with ETFSwap likely to become one of the most prominent RWA projects.
When that happens, millions of dollars are expected to flow into the ETFSwap (ETFS) ecosystem, which could spark this 5000x increase in the crypto token’s price. The ETFSwap platform already did well in ensuring that its native token is the heart and soul of its ecosystem. Everyone who wants to access the variety of tokenized ETFs on the platform must hold a certain amount of ETFSwap (ETFS) tokens.
This move is significant given the massive adoption the crypto token could enjoy due to the hype around ETFs. This hype is already evident in the impressive demand that asset managers like BlackRock have recorded for their respective Spot Bitcoin ETFs, taking in billions of inflows in the process.
These funds are expected to be rotated into ETFSwap once the platform launches, seeing how accessible the platform is compared to centralized entities.
Expectations For Dogecoin (DOGE) And Shiba Inu (SHIB) Aren’t High
The crypto analyst’s expectations for Dogecoin (DOGE) and Shiba Inu (SHIB) aren’t too high, as he noted that they are both altcoins and do not have much room to run. He added that the meme coin market has also become saturated, which could hinder Dogecoin (DOGE) and Shiba Inu’s (SHIB) growth in this bull run.
Considering this, the analyst predicts that Dogecoin (DOGE) can only rise to $1 in this market cycle. A rise to that level represents a price gain of just over 600% for the meme coin from its current price of $0.14.
On the other hand, the analyst predicts that Shiba Inu (SHIB) will not rise above $0.0001553 in this market cycle. A rise to that price level represents a gain of just over 500% for the second-largest meme coin by market cap from its current price of $0.00002295.
Considering that these price gains are nothing compared to ETFSwap’s (ETFS) unprecedented price surge, crypto investors are tilting towards the ETFSwap (ETFS) token and have chosen to go all in on the token’s ongoing presale.
Over 60 Million Tokens Sold In ETFSwap’s (ETFS) Presale
Crypto investors are flocking to the ETFSwap (ETFS) ecosystem, with over 60 million tokens sold in stage 1 of the ongoing presale. These investors say that they cannot afford to miss the massive return on investments that ETFSwap (ETFS) could potentially offer them. They also noted that the crypto is relatively cheap at its current price of $0.00854, meaning they can accumulate as much as possible.
At the rate these tokens are selling out, stage 1 is expected to close anytime from now, after which the token’s price will double ahead of stage 2 of the presale. That means that anyone yet to ape into these tokens must do so as soon as possible so they do not miss this life-changing opportunity.
For more information about the ETFS Presale:
Disclaimer: The views and opinions presented in this article do not necessarily reflect the views of CoinCheckup. 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. Past returns do not always guarantee future profits.
