Altcoin
3 cryptocurrencies to benefit from
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A leading analyst predicts a prolonged bull trend known as altcoin summer, with three cryptocurrencies, ETFSwap (ETFS)Cardano (ADA) and Cosmos (ATOM), poised for massive gains.
Altcoin summer is on the horizon with ETFSwap (ETFS) ready to lead the charge
The expert is placing a big bet on ETFSwap (ETFS) among the many cryptocurrencies on the market to benefit from the upcoming altcoin summer. With the market’s optimistic momentum, ETFSwap (ETFS) is expected to rise to the top, with analyst predicting it to surpass $3.
ETFSwap (ETFS) is a decentralized finance (DeFi) platform that allows users to purchase and trade tokenized exchange-traded funds (ETFs). The platform’s design allows users to trade cryptocurrency assets with any iInstitutional tokenized ETF, including fixed income, leveraged, commodities, cryptocurrency spot and futures, and commodity ETFs.
Blockchain technology is integrated into the revolutionary ETFSwap (ETFS) platform to enhance transparency, security and anonymity, making trading on it safe. Additionally, in an effort to speed up account opening processes for consumers and safeguard their identity and privacy, ETFSwap (ETFS) has eliminated KYC requirements.
ETFSwap (ETFS) has undergone a thorough assessment by the renowned cybersecurity and blockchain audit firm Cyberscope in order to ensure the security of smart contracts. The audit results showed that the platform was secure, highlighting a robust infrastructure that was remarkably resistant to cyber threats and attacks.
Unlike conventional ETF platforms, ETFSwap (ETFS) offers consumers a number of useful tools and trading options. Users of the platform can benefit from lower trading and transaction costs, round-the-clock ETF risk management services, and a variety of incentives such as leverage and airdrops that have the potential to boost returns.
Users of the ETFSwap (ETFS) platform can trade with a maximum of 50x leverage on perpetual futures and options, while leveraging an annual percentage rate (APR) return of 87%.
A significant amount of ETFS tokens were purchased by investors in anticipation of the token rise to $3 during the upcoming altcoin summer.
Cardano (ADA) Ready to Take Off in Altcoin Summer
Cardano (ADA) is seen by the analyst as a sleeper with crazy fundamentals ready to do well in the altcoin summer. The expert notes that Cardano (ADA) will have a great on-chain governance structure thanks to the Voltaire update which is completely community-driven.
In addition to its exceptional level of security, the analyst also highlights Cardano’s (ADA) scalability potential, which he believes will surprise everyone. The analyst has been following Cardano (ADA) for years, and although the price often lags, he does not worry about its price movement. He thinks Cardano (ADA) will surpass its historical performance.
Cosmo (ATOM) is targeting a summer bullish surge
The major also predicted that Cosmos (ATOM) will see a bullish surge in the coming altcoin summer, citing it as one of the altcoins with upside potential. According to analyst projections, Cosmos (ATOM) will reach an average price of $10.46 by November 2024, with a slight decline to around $10.38 in December.
Numerous cryptocurrency specialists have also predicted that a potential bull run in the market could emerge by the end of 2024 and perhaps into 2025, which could be the cause of this surge in Cosmos (ATOM).
The trading price of Cosmos (ATOM) is at $8.51indicating an increase of 2.78% from the previous day, supporting the analyst’s optimistic projections.
Conclusion
Cardano (ADA), Cosmos (ATOM), and ETFSwap (ETFS) are three altcoins that could be at the forefront of the next bull run in the cryptocurrency market. Among these cryptocurrencies, ETFSwap (ETFS), which has seen a 10,000% growth for investors, is driving this surge.
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