Leading the BTC-like altcoins is ETFSwap (ETFS), a blockchain-based ETF trading platform that broadens the ETF trading landscape by creating a
A teenager’s crypto good fortune has put a spotlight on two altcoins that could multiply investors’ gains by 20,000%.
A 19-year-old crypto investor from the United Kingdom who turned a $50 investment in Bitcoin (BTC) into $200,000 has shifted his attention to a new crypto project. After purchasing BTC at an all-time low in 2017, the teenager, identified only as Connor, is aiming to replicate his good fortune with another crypto investment.
According to Connor, his plan is to purchase an altcoin that is still in its early stages and has the potential to multiply his investment by 40x. After considering several options, Connor has decided to buy a token called ETFS, the native altcoin of a decentralized platform called ETFSwap (ETFS).
The platform is designed to broaden the ETF trading landscape by creating a tokenized version of exchange-traded funds (ETFs). Being on-chain, traders can monitor these assets with real-time data before making any investment decision.
The tokenized ETFs will be available for all members of the crypto community and accessible for trading 24/7 compared to their traditional counterparts, which are limited to specific trading hours. Also, traders can avail themselves of yield-generating opportunities like leverage trading, which can help them maximize their profits with very little capital. Also, interested users can use the fractional ownership feature on the network to amplify their earnings.
As a decentralized platform, users can carry out permissionless and borderless transactions without any third-party interference. Among the benefits of using ETFSwap (ETFS) is that it features an altcoin called ETFS, which serves as the network’s native token. As the platform’s native token, this altcoin has various functions, from voting rights to staking and payment methods.
However, its most important function is to grant all users access to trade tokenized ETFs. Token holders also get added perks like trading discounts, bonuses, and early access to all new ETF listings on the platform. Holding ETFS presents lots of opportunities, which is why ETFSwap (ETFS) is currently selling the altcoin at a low price of $0.01831 in its ongoing presale event to all members of the crypto community.
Like the crypto teenager who made 40x profit on his Bitcoin (BTC) investment, all who buy ETFS now can automatically multiply their investments when the altcoin price increases to $0.03846 in the coming round. The earning points and sleek features on ETFSwap (ETFS) are far too tempting to pass by, which is why it is one of the best Bitcoin-like altcoins to replicate the teenager’s gain, causing whales to rush into its ecosystem.
Solana (SOL) to Hit $1,000 – Analyst
Solana (SOL), the fifth-largest cryptocurrency by market capitalization, is preparing to experience a massive surge of up to $1,000, according to a renowned crypto analyst.
The analyst, known as Ali Martinez, shared his bullish prediction on his X (formerly Twitter) page, basing his optimism on an analysis of the altcoin’s price movement between late 2023 and the end of 2024.
Martinez's analysis also indicates that SOL is exhibiting a bull pennant pattern, which usually signals a continuation of an upward price trend following a period of consolidation. According to Martinez, Solana (SOL) will experience this surge by Q4 of 2024. However, the analyst adds that the altcoin will experience temporary price dips on its road to hitting the $1,000 mark.
Solana (SOL) recently experienced a massive price dip alongside Bitcoin (BTC) and other altcoins in the crypto market, dropping below the $120 mark. If the altcoin follows the analyst trajectory, it could be preparing for a massive breakout to $1,000, surpassing its current all-time high of $259.
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