Altcoins
Crypto Analyst Predicts When Bitcoin Hits New ATH, These 2 Altcoins Should Follow
A prominent cryptocurrency analyst has made a bold prediction about Bitcoin (BTC), revealing when the pioneering cryptocurrency will hit its new all-time high. Meanwhile, two crypto projects altcoins – ETFSwap (ETFS) and Retik Finance (RETIK) are expected to follow in Bitcoin’s footsteps to reach new ATHs during the next bull market in 2024.
ETFSwap (ETFS) Set to Hit New All-Time High Above $5
ETFSwap (ETFS) is a decentralized exchange where users can trade cryptocurrencies for tokenized exchange-traded funds (ETFs). Its native token, ETFS, is gaining popularity and attracting the attention of thousands of investors around the world.
Due to the token’s robust utility and its ability to provide users with access to the trillion-dollar ETF market through ETFSwap, many crypto analysts believe that the altcoin ETFS is on the verge of ‘reach new, unprecedented heights. above $5 this bullish season.
ETFSwap (ETFS) allows users to purchase and trade institutional EFTs such as cryptocurrency spot and futures ETFs, leveraged ETFs, commodity ETFs, and fixed income ETFs. Investing in these ETFs exposes users to different sectors around the world with multi-trillion dollar valuations, such as energy, technology, healthcare and commodities.
At the center of ETFSwap’s vibrant ecosystem is its native token, ETFS, which accelerates transactions on the platform and enables trading of tokenized institutional ETFs. Investing in this innovative token provides users with access to the many trading features on ETFSwap (ETFS), including staking options and voting rights for platform governance.
ETFSwap (ETFS) also has robust security and privacy protocols, which have undergone rigorous review. Audit by CyberScope, a leading cybersecurity and blockchain company. The audit findings indicated no critical vulnerabilities in ETFSwap’s smart contracts, highlighting the resilience of the platform’s infrastructure and its fortitude in the face of cyber threats.
Additionally, the platform has removed the need for KYC verifications, effectively streamlining a user’s account opening process while limiting interference from regulators and protecting their privacy and identity.
As a decentralized trading platform, ETFSwap (ETFS) offers many benefits and trading opportunities to traders and investors. This platform offers up to 10x leverage on all trades, reduced trading fees, staking rewards, and an automatic monthly airdrop reward for token holders.
Currently, ETFSwap Presale is ongoing and tokens are being sold at a discounted price of $0.00854. In just one week, the platform sold out 85 million ETFS tokens, with thousands of daily sales. This high demand is attributed to the growing potential of ETFSwap, as investors purchase tokens ahead of ETFS’ anticipated rise to new all-time highs above $5.
Crypto Analyst Says Bitcoin (BTC) Could Reach New ATHs
In a recent article on x (formerly Twitter), crypto analyst Willy Woo predicted that Bitcoin (BTC) could soon reach its next all-time high. Sharing a price chart of Bitcoin price movements from 2023 to 2024, Woo explained that Bitcoin (BTC) has been stagnant over the past two months, with the Bitcoin (BTC) available on the market quietly accumulating while the Spot and “paper” Bitcoin (BTC reserves) have declined in recent years.
The crypto analyst notably highlighted that the decrease in Bitcoin supply and increase in demand was a bullish signal for the pioneering cryptocurrency. He predicts that “it’s only a matter of time before BTC surpasses its all-time high.”
At the time of writing, Bitcoin (BTC) is trade for $68,812, reflecting a decline of 0.42%, according to CoinMarketCap. The cryptocurrency had already hit an all-time high earlier in March 2024, surpassing $73,000 as hype around the approval of the Spot Bitcoin ETF fueled its price rise.
Retik Finance (RETIK) ATH Threatened by Continued Declines
Following the launch of its platform and its native token, Retik Finance (RETIK) recorded good performance, driven by the success of its pre-sale. Due to the popularity of the crypto project, many have seen Retik Finance (RETIK) reaching new all-time highs. However, Retik Finance (RETIK) failed to meet expectations, experiencing sharp declines that could threaten its growth.
Daily cryptocurrency trading volume is also down significantly, down 8.79%. Despite a market capitalization of $614.7 million, Retik Finance (RETIK) is currently seeing a 0.00% increase in its market capitalization.
Conclusion on ETFSwap (ETFS) Roadmap to New Heights
Unlike Bitcoin (BTC) and Retik Finance (RETIK), ETFSwap (ETFS) has seen a notable increase in the number of investors and crypto enthusiasts on its platform, highlighting investor sentiment regarding the future potential of ETFSwap. ETFS, the native token of the ETFSwap ecosystem, is already charting a path to new all-time highs ahead of the 2024 bull market.
For more information on the ETFS presale: