The Solana price has corrected alongside the broader crypto market following its recent rally to as high as $180. Crypto analyst Rekt Capital suggested this price correction isn’t bad as it could pave the way for the Solana price to break above $200. Meanwhile, altcoin rival ETFSwap (ETFS) is set to rally 9,000% from its current price of $0.05769.
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Solana Price To Break Above $200 Soon Enough
Crypto analyst Rekt Capital predicted in an X post that the Solana price would break above $200 soon enough. This came following his Solana price analysis, in which he mentioned that SOL is showcasing very early signs of a successful post-breakout retest. The analyst’s accompanying chart showed that the Solana price is looking to confirm the $170 range, which it recently broke out from as support.
Once it confirms that previous resistance level as support, the Solana price looks well primed to enjoy a rally that could see it break above $200 and possibly set its eyes on its current all-time high (ATH) of $260. It is worth mentioning that the Solana price already broke above $200 earlier in the year, around the time the Bitcoin price hit a new ATH.
ETFSwap (ETFS) Set To Enjoy A 9,000% Price Rally
The ETFSwap (ETFS) altcoin is set to enjoy a 9,000% rally and rise above $3. This bullish prediction is because of its amazing utility, which will make it stand out in this market cycle. ETFS is the native token of ETFSwap, a decentralized finance (DeFi) platform that will offer tokenized exchange-traded funds (ETFs).
Investors looking to access these tokenized ETFs will need the ETFSwap (ETFS) altcoin, which they will swap for their desired asset. This first-of-its-kind utility will grab the attention of both traditional finance (TradFi) and crypto investors, especially with the increasing popularity of ETFs and investors’ desire to gain exposure to these assets.
The importance of demand in driving up a crypto’s price cannot be overstated, as evident in how the Solana price has been surging because of the demand for meme coins on the network. Therefore, its altcoin rival ETFswap (ETFS) will also enjoy a massive demand as investors rush to invest in these ETFs on the blockchain.
The ETFSwap (ETFS) token also provides access to the crypto assets and other commodities on the DeFi platform including gold, silver, rubber, crude oil, and cotton, among others. This enables investors to easily diversify their portfolios and gain exposure to several asset classes in the same place.
Meanwhile, investors can use the altcoin to access other money-making opportunities on the ETFSwap (ETFS) platform. For instance, investors can stake their ETFS tokens and tokenized ETFs and earn up to 79% annual percentage yield (APY) on their staked assets. They can also earn passive income using their ETFS tokens to provide liquidity on the DeFi platform.
Liquidity providers earn up to 30% of the fees made from token swaps on the decentralized trading platform. Holders of the altcoin are also eligible for the monthly airdrops distributed from the ETFS rewards pool.
Traders on the platform can also use the ETFSwap (ETFS) altcoin to access the platform’s artificial intelligence (AI) powered trading tools, which will assist them in making maximum returns from trading trades on the platform. These AI tools analyze several market data, such as historical trends, market sentiments, and trading volume, among others, and recommend the best ETFs for investors to invest in.
These exciting features will be available as soon as the ETFSwap (ETFS) beta platform goes live on the Ethereum mainnet. This is expected to happen anytime soon since the beta platform already launched on the Ethereum testnet.
Conclusion
Investors in ETFSwap’s (ETFS) ongoing presale will enjoy a 90x return when the altcoin rallies by 9,000%. As such, this is your opportunity to enjoy life-changing gains by buying some of the remaining tokens in the ETFSwap (ETFS) presale bonus round before the altcoin completely sells out.
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