Altcoins
Pundit Reveals Top 4 Altcoins to Keep on Your Radar This Week
The cryptocurrency market saw a surge of activity last week, with several prominent altcoins seeing significant price increases. Capitalizing on this momentum, a crypto expert revealed the top 4 altcoins to keep on your radar this week: Toncoin (TON), Cardano (ADA), Binance Coin (BNB) and ETFSwap (ETFS).
ETFSwap (ETFS) Enters Experts’ Best Altcoins to Buy
Topping the experts’ altcoin list is ETFSwap (ETFS), a blockchain platform that leverages smart contract capabilities and asset tokenization to bridge the gap between decentralized and centralized finance by tokenizing exchange-traded funds (ETFs). Tokenized ETFs will directly represent traditional ETFs on the blockchain and will be accessible to traders on a comprehensive Web3 marketplace equipped with 24/7 liquidity.
The ETFswap Marketplace (ETFS) will also offer real-time blockchain data, allowing traders to track the progress of different asset classes available on ETFs before making investment decisions. Additionally, users can gain up to 50x leverage on perpetual futures and options trades thanks to the platform’s leverage structure.
Investors on the ETFswap (ETFS) platform can also be assured of the security of their investment, as Cyberscope, a blockchain security company, has thoroughly audited its smart contract. After the audit, they found no underlying conditions that could make the platform vulnerable to cyberattacks.
At the heart of the ETFSwap (ETFS) ecosystem is its native token, ETFS, which will allow users to access tokenized ETF trading and all other features of its ecosystem. Holding this token will also allow them to obtain voting rights to influence decisions made regarding updates and any changes on the network.
Toncoin (TON): riding a bullish wave
Toncoin (TON) also became one of Pundit’s top 4 altcoins to keep on your radar this week due to the token’s strong performance last week. The Telegram-based token began its uptrend on June 2, with an 8.6% rise that propelled Toncoin (TON) past the $6.80 mark for the first time in three weeks.
Toncoin (TON) momentum continued, culminating with a new absolute record from $7.65 on June 5, surpassing its previous ATH set in April. Although Toncoin (TON) saw a slight price correction in the following days, it closed the week positively, with a gain of 1.52% over the past month, bringing its current price to $6.99.
Cardano (ADA): faces resistance but with recovery potential
Cardano (ADA) faced a rough week in terms of price, struggling to break free from its consolidation range around $0.40. A brief recovery occurred on June 7 as the price of Bitcoin (BTC) rose, allowing Cardano (ADA) to retest the important psychological threshold of $0.49.
However, this momentum was short-lived as profit-taking sent Cardano (ADA) lower, resulting in a 3% weekly loss. Although Cardano (ADA) price is not encouraging at the moment, a fresh influx of buying from individual and institutional investors could trigger a price recovery and potentially lead to a rise. Capitalizing on this trend, Pundit revealed that investors should keep Cardano (ADA) on their radar.
Binance Coin (BNB): Reaches All-Time High Despite Regulatory Hurdles
Binance Coin (BNB) reached an all-time high of $700, surpassing its previous high. This rise in the price of Binance Coin (BNB) comes despite the regulatory pressures that Binance has faced over the past two years, including bans in several countries and a $4.6 billion legal settlement with US authorities.
THE recent price increase by 21% from June 1 to 5, reaching $715 before dropping to $697, contributed to Binance Coin’s (BNB) market capitalization surpassing $100 billion, ranking it fourth behind Bitcoin, Ethereum, and USDT. With Binance Coin’s (BNB) recent price surge, it’s no wonder the token is among the altcoins Pundit revealed investors are keeping on your radar this week.
Conclusion: Experts’ Top 4 Altcoins to Keep on Your Radar This Week
ETFSwap (ETFS) is positioned as a high-growth altcoin compared to Toncoin (TON), Cardano (ADA), and Binance Coin (BNB). This claim is based on the current price of its native token, ETFS, at $0.01831. As the platform progresses through its stages, the price is expected to increase by 200%, with the next stage offering a higher price of $0.03846. While experts expect the price to exceed $4, this presents an opportunity to generate a return on investment of over 100 times.
For more information on the ETFS presale:
Visit the ETFSwap Presale
Join the ETFSwap community
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