Currently, this 2024 bull cycle in Bitcoin seems to have as its propellers strong fundamental factors like positive inflows of stablecoins, an increase in Total Value Locked (TVL) in DeFi applications, and the much-welcome spot Bitcoin ETF inflows as technical drivers. However, Bitcoin bulls are still turning their attention to altcoins like ETFSwap (ETFS), Pepe (PEPE), Golem (GLM).
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Golem (GLM) Withstands Market Challenges
Golem (GLM) stands out as a strong and potential investment in the ever-unpredictable cryptocurrency sphere. Despite market challenges for Bitcoin and Ethereum, in April 2024, Golem (GLM) exceeded expectations with a 40% increase in value, spiking Investors’ interest in the potential of Golem (GLM) hitting $10.
A substantial rise in its market performance In the last 24 hours saw Golem (GLM) value climb by 39.64% to reach $0.5333. This increase, which follows an ongoing pattern seen for the last week, during which GLM has experienced a 42.50% increase, is why investors are bullish about this altcoin.
Nevertheless, even though Golem has shown good performance, its current price of $0.5398 remains lower than its peak of $1.25, reached on January 8, 2018, six years ago. This difference shows a 58.09% drop from its highest point.
Additionally, when looking at the monthly perspective, there is a slight decrease of 2.20%, showing some level of instability, which is the reason the Bitcoin bulls are more motivated to go all in on ETFSwap as the token continues to see a lot of liquidity inflow.
Pepe (PEPE) Price Surge Garners Noteworthy Attention Among Crypto Investors
Pepe Coin (PEPE), one of the most popular meme cryptocurrencies, has recently seen a surge in price over the past few days. PEPE is on the verge of climbing to unprecedented highs amidst the current recovery rally, increasing excitement and FOMO (fear of missing out).
Despite experiencing a pullback of 28% from its peak at $0.00001083, PEPE has seen an 181% escalation in its value within this month alone, drawing the attention of bulls seeking to double their gains.
PEPE shows significant underlying interest even with its lateral movements in the last 24 hours. PEPE’s price traded up 1.07% at $0.000007419. Its 24-hour lows and highs are $0.000007079 and $0.000008056, respectively. The higher highs and strong support are indicative of a potential bullish breakout, reducing the potential for a downturn.
Coinbase, which is among the leading CEXs worldwide, recently listed Pepe perpetual futures contracts trading on its platform. This listing resulted in nearly 50% gains on the token.
A matter of interest, though, is revealed on the Pepe website; there is no established team behind the token, and the identities of its creators remain anonymous. This may have built more bullish interest in the ETFSwap (ETFS) token from an established and dedicated team.
Bitcoin Bulls Are Charging In On ETFSwap (ETFS)
The launch of Spot Bitcoin ETFs and the impending approval of Spot Ethereum ETF has created a fast-expanding ETF market that holds the promise of immense returns for investors. It is, therefore, no wonder that all attention is focused on ETFSwap (ETFS).
Bitcoin bulls want access to the $9.6 trillion ETF market, and the ETFSwap (ETFS) platform presents the ideal opportunity by providing access to tokenized ETFs such as commodity, fixed-income, and crypto ETFs, among others. The platform offers the flexible option to switch between crypto and ETFs in seconds, whereas some banks do not allow crypto trading.
The platform offers the possibility of earning passive income through the staking of ETFSwap’s native token, ETFS. All token holders also receive voting rights within the ecosystem as well as earning up to 87% in annual percentage rate (APR) yield. Additionally, there’s immense underlying potential for 1,000% growth for investors who utilize the 10x leverage option offered on the platform.
Stage 1 of the presale is currently selling at $0.00854 and is coming to a close in less than 5 days, with Stage 2 pricing expected at $0.01831. Bullish investors know the time is now to seize this great opportunity to maximize their profit margins by up to 100%.
For more information about the ETFS presale:
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