Dogecoin’s Continued Decline Sees Investors Seek For Other Profitable Alternatives

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As Dogecoin’s price forecast fails to instill confidence, the meme coin’s investors seek refuge in other profitable alternatives. Many have found ETFSwap (ETFS) a viable option and are buying the token’s ongoing presale as they anticipate 10,000% returns in a few weeks.

Dogecoin Under Enormous Negative Pressures As The Meme Coin Plunges Toward Crucial Level

Dogecoin (DOGE) has been trading in the red for the larger portion of the last 30 days and is currently at $0.09911, a 3.84% drop in 24 hours. The meme coin’s lackluster price performance has lost its investors quite a chunk of money. Unfortunately, technical analysis of Dogecoin’s price chart forebodes more losses for the meme coin.

Negative pressure from trading below the 50-day SMA coupled with the dominant downward correctional trend in the medium term have portended a sustained downward race for Dogecoin’s price. Additionally, the meme coin’s Relative Strength Index (RSI) drew way above 70, overbought compared to the price, indicating a negative divergence.  

Therefore, analysts expect Dogecoin’s price to edge lower and target the crucial support level at $0.07848, provided the $0.12010 resistance holds. These bleak developments have pushed several Dogecoin (DOGE) investors to more favorable investments such as ETFSwap (ETFS).

ETFSwap (ETFS) Provides Superior Investment Opportunities For Investors Amid Struggling Crypto Economy

ETFSwap (ETFS) has been touted by top analysts and crypto experts as the token with the greatest profit potential in 2024. Many were influenced by the incredible success of its ongoing token presale and the platform’s unique offering of hybrid institutional assets on a decentralized infrastructure.

ETFSwap (ETFS) is a tokenization platform for hybrid institutional assets. The platform bridges the gap between DeFi and traditional finance, allowing traders and investors to buy and invest in ETFs backed by real-world assets such as cryptocurrency, equity, stocks, etc. On ETFSwap (ETFS), users can swap their crypto with ETFs or stake their preferred ETFs to earn passive income with high yields.

ETFSwap (ETFS) was built on the highly scalable and secure infrastructure of the Ethereum blockchain, allowing users to leverage such blockchain perks as transparency, 24/7 access to market data, and truly borderless and permissionless ETF trading. Other perks of the ETFSwap (ETFS) platform include advanced AI-powered trading tools that assist investors in making better-informed decisions and access to futures trading.

The ETFSwap (ETFS) platform was designed with extensive market-making experience and expertise to ensure users always have optimal liquidity. The platform’s market-making algorithm ensures that buy and sell orders are always taken at the best possible prices by minimizing slippage and tightening spreads.

ETFSwap (ETFS) has taken robust security measures to safeguard investors from adverse security incidents. An indisputable testament to this is the result of Cyberscope’s extensive audit, wherein the security auditing firm did not find any security vulnerabilities. Additionally, the project is doxxed and its leadership and team completed the KYC verification provided by SolidProof.

ETFSwap (ETFS) has sold over 87 million tokens and generated over $2.84 million in revenue within a few weeks of its ongoing presale. In contrast with meme coins like Dogecoin (DOGE), the ETFSwap (ETFS) token has been praised by top crypto analysts for its extensive utility within the ETFSwap ecosystem, and many of them believe the token will surge 1,000x by its launch.

ETFSwap (ETFS) Set To Turn The Tide For Dogecoin (DOGE) Investors

While the future does not look reassuring for Dogecoin (DOGE) investors, they can replace the meme coin with ETFSwap (ETFS) for heightened profits. They can buy the token now at its discounted price of $0.01831 before it jumps 3x in a few weeks. Also, using the promo code “ETFS50” allows you to receive a 50% bonus on your purchase.

For more information about the ETFS Presale:

Visit ETFSwap Presale

Join The ETFSwap Community

*This article was paid for. Cryptonomist did not write the article or test the platform.