Altcoin
Top Advice from Cryptocurrency Experts Avalanche (AVAX), Polkadot (DOT), and ETFSwap (ETFS) Will Be the Next Altcoins to Explode
All altcoins are known to have their season where they explode and make a parabolic move upwards, usually thanks to the mainstream narrative at the time or key fundamentals of the crypto token triggering such a bullish move. This time, a top cryptocurrency expert has identified ETFSwap (ETFS), Avalanche (AVAX), and Polkadot (DOT) as the next altcoins to make a similar upward move.
Why ETFSwap (ETFSwap) is poised for a parabolic move, says a cryptocurrency expert
Having highlighted ETFSwap (ETFS) as one of the altcoins was poised for a parabolic move, the cryptocurrency expert explained why he was so bullish on the token. One is that ETFSwap (ETFS) is set to benefit hugely from the hype around Real World Assets (RWA).
ETFS is the native token of the decentralized investment platform ETFSwap. The investment tokenizes Exchange Traded Funds (ETFs), which are also RWAs, and enables them for on-chain trading. ETFSwap (ETFS) is expected to enjoy huge success because it boasts first-mover advantage.
The investment platform will be the first to allow the on-chain trading of ETFs and cryptocurrencies in one place. The innovative platform stands out because it provides a more accessible, secure and transparent way to invest in these traditional assets using blockchain technology.
Diversifying your portfolio between traditional assets and cryptocurrencies has never been easier, as investors can easily swap their cryptocurrency holdings for ETFs and vice versa. The ETFSwap (ETFS) will act as a bridging token, making this investment strategy a reality. Users can simply convert their cryptocurrencies into their favorite ETFs. If they choose to diversify some of their capital into crypto assets, they can convert their ETF holdings back into the ETFSwap token (ETFS) and therefore into their preferred assets.
In the meantime, it’s worth remembering ETFSwap (ETFS) is built on the Ethereum (ETH) network, meaning these otherwise illiquid assets are exposed to unprecedented liquidity in the Ethereum (ETH) ecosystem. This is why users can adjust their ETF trades at any time and be assured that they will enjoy minimal slippage on their trades.
ETFSwap (ETFS) is an ERC-20 token, meaning it is compatible with many other altcoins, making token swaps simple and seamless. Using ETFSwap (ETFS) from the start is also simple, as the platform’s Know-Your-Customer (KYC) requirements are not mandatory, meaning users can create an account and start investing in their ETFs and favorite crypto assets in record time.
Users will also have access to real-time data and analytics, which will act as a guide to help them make informed investment decisions. This data will contain all the necessary information about each fund, including market capitalization, launch date, performance and a graph that will allow technical analysts to evaluate its future trajectory.
Avalanche (AVAX) and Polkadot (DOT) are Altcoins in the mix
The cryptocurrency expert is also optimistic Avalanche (AVAX) AND Polka dot (DOT). For Avalanche (AVAX), he predicts that the token could be one of the next altcoins to have its own ETF. The expert also said that the approval of Spot Ethereum ETFs could usher in an Ethereum Virtual Machine (EVM) season for layer 1 blockchains, with Avalanche (AVAX) well positioned to benefit hugely from this event.
Meanwhile, Avalanche (AVAX) is one of the few altcoins in the top 50 coins by market capitalization that has continued to slow since the beginning of the year. Therefore, a rally for Avalanche (AVAX) appears expected, which could occur any time from now. Polka dots (DOT) also fall into this category. The cryptocurrency currently boasts a year-to-date (YTD) gain of -10% and could recover quite soon.
The expert also alluded to Polkadot (DOT) fundamentals, which paint a bullish outlook for the crypto token. Specifically, he highlighted the release of Polka dots 2.0 and how the improved functionality of the Polkadot (DOT) network is bound to reflect positively on the Polkadot (DOT) price at some point, especially as the bull run progresses.
Conclusion
ETFSwap (ETFS) is undoubtedly set to lead a financial revolution, as the platform combines the stability of traditional assets with the ethos of decentralization. Currently on sale at $0.00854ETFSwap (ETFS) is clearly the most undervalued of all altcoins and will provide better returns than Avalanche (AVAX) and Polkadot (DOT), which have limited upside potential.
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