Crypto investors are looking for crypto assets that offer stability and growth potential, and some cryptocurrencies to consider in that category include Litecoin (LTC) and Chainlink (LINK). However, ETFSwap (ETFS) has emerged as a solid contender amid exciting price predictions for the new platform’s token.
As speculation swirls around the growth trajectory of ETFSwap (ETFS), comparisons naturally arise with Chainlink (LINK) and Litecoin (LTC), both of which are considered established assets in the market.
Litecoin (LTC) Breaks Resistance At $80
Litecoin (LTC) is having a terrific start to May, already outperforming rival mega-cap Proof of Work (PoW) cryptocurrencies Bitcoin (BTC) and Dogecoin (DOGE). According to CoinMarketCap, the coin surged by 11% in the first few days in May, breaking the $80 local resistance while at it. Following the market recovery in the past few days, investors now set eyes on ambitious price targets above $100.
While the Litecoin (LTC) price benefited from the larger crypto market uptick on Friday, a deeper examination of Litecoin’s trade data reveals that the Litecoin (LTC) rise has some underlying catalysts. Data from Santiment showed Litecoin (LTC) whales holding a cumulative balance of over 13.55 million LTC as of April 28. But rather than sell off as prices tumbled at the end of April, they capitalized on the dip to buy more LTC coins for cheap.
As of May 4, Whale wallet balances totaled 13.65 million, signalling an addition of over 100,000 LTC. Unsurprisingly, the recent activity coincides with the noticeable bullish trend on Litecoin (LTC).
Experts Forecast Bullish Reversal On Chainlink (LINK)
Chainlink (LINK) remains a top pick for several crypto enthusiasts and experts as the network presents a crucial solution for the future of tokenized and real-world assets. Popular crypto analyst on X claimed to his followers that the TD Sequential is flashing a buy signal on the Chainlink (LINK) 12-hour chart. According to him, this sets a price target at around $15.50 for LINK as long as it stays above the major resistance level of $13.87.
TD Sequential is a technical indicator used to predict market reversals. Thomas DeMark created it, and it is famous among traders because it can provide alerts based on the exhaustion of existing price movements.
Several experts agree with the bullish forecast on Chainlink (LINK), considering the emerging market narrative for real-world assets. However, ETFSwap (ETFS) has been arguably the most impressive crypto asset in the market this year, and enthusiasts wonder if Chainlink (LINK) and Litecoin (LTC) can keep up.
ETFSwap (ETFS) Presale Moving At Unprecedented Pace
ETFSwap (ETFS) knocks expectations out of the gate as the presale shocks investors. In just Stage 1 of its presale, the project has raised over $350,000 after an initial $750,000 was secured from private rounds featuring institutional and angel investors.
ETFSwap (ETFS) is an emerging platform for trading ETF assets on-chain by tokenizing these traditional assets and bringing them to the blockchain. These assets are backed by real securities purchased from traditional finance markets and enable several ETFSwap (ETFS) platform features.
This new platform combines the best features of traditional and crypto markets by offering market-making opportunities, perpetual trading with up to 10x leverage, easy conversion between ETFs and cryptocurrencies, access to liquidity, and many more.
The emergence of ETFSwap (ETFS) benefits from the growing popularity of tokenized blockchain assets. BlackRock, along with other giant finance firms, has shown interest in tokenizing funds and other assets on-chain following the launch of spot Bitcoin ETFs. This market is projected to be worth $10 trillion by 2030, which puts ETFSwap (ETFS) in position for massive growth as an early market participant.
This puts ETFSwap (ETFS) on a pedestal as the new tokenized ETF platform continues smashing milestones on presale. With the level of excitement and bullishness surrounding the project, this is as early as it gets for ETFSwap (ETFS), and investors can’t miss out on the excitement this presents.
The ETFSwap (ETFS) Stage 1 presale is selling at $0.00854, a price point that crypto experts say is an undervalued entry for investors.
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.
