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The cryptocurrency market has been buzzing with activity after Bitcoin (BTC) touched the impressive $64,000 mark. Among the positive developments, the SUI network experienced a remarkable surge, while the hype and potential of ETFSwap (ETFS) have led crypto experts to predict a surge from $0.03846 to $5.
ETFSwap (ETFS) Set For a 10,000X Surge
Many crypto analysts have given high targets for ETFSwap (ETFS) since its presale gained traction. The belief in ETFSwap’s potential stems from its innovative approach of merging exchange-traded funds (ETFs) with blockchain technology. ETFSwap (ETFS) will make use of tokenization and partner with MiCa-regulated banks to guarantee that legitimate securities from established financial markets back all assets on its platform. ETFSwap’s basis on the blockchain will allow users to manage their assets directly, significantly lowering complexity, costs, and fraud risks.
The ETFSwap (ETFS) platform will facilitate swift conversions between cryptocurrencies and a range of ETFs. These ETFs will include Specialty ETFs, Crypto ETFs, Currency ETFs, Bond ETFs, Industry ETFs, and more. ETFSwap (ETFS) is built on the ERC20 standard and thus will also allow for token swaps, liquidity provision, and staking.
Additionally, ETFSwap (ETFS) users will get to trade assets without expiration dates as the platform will offer market-making and perpetual trading services. ETFSwap (ETFS) will go further to provide users with AI tools like the ETF Screener and ETF Tracker. These advanced tools will conduct in-depth analyses to offer real-time insights aligned with market dynamics and user needs.
ETFSwap (ETFS) is poised to unveil the first exclusive look at its platform on September 28. In phase 1 of the beta platform, liquidity pools and staking mechanisms will be made available, along with all of the ETF prices and swapping capabilities. Phase 2 will then include the ETF screener, ETF filter, and more. The ETFSwap (ETFS) platform has successfully completed a CyberScope security audit that confirmed the integrity of its smart contracts and infrastructure. The project team also did a KYC audit to ensure their transparency.
The ETFSwap (ETFS) token started at $0.00854 and increased by 350% to reach $0.03846 as its presale entered the last stage. The ETFSwap (ETFS) presale has gained more than $4,000,000 in investments, with many investors still flocking in before its impending launch. Crypto watchers suggest that the attention, investment, and technological potential of ETFSwap (ETFS), coupled with its relatively low market cap, could cause it to surge by more than a 10,000x to $5.
Bitcoin (BTC) Crosses the $64,000 Mark
Bitcoin (BTC) started the previous week at $60,000, briefly dipped to $57,000, but surged to just over $64,000 on September 20. On September 23, Bitcoin (BTC) reached an intraday and four-week high of $64,661.72, according to data from CoinMarketCap.
The recent Bitcoin (BTC) bullish momentum has been fueled majorly by the Federal Reserve’s decision to cut interest rates from a 22-year high. However, Crypto experts like Markus Thielen believe this upward trend aligns with Bitcoin’s historical seasonal patterns, hinting at the potential for major breakouts and new all-time highs for BTC in Q4 2024. A number of projections suggest that Bitcoin (BTC) could go as high as $150,000.
Sui (SUI) Sees Massive Network Growth
Sui (SUI) has registered an impressive 3,285% growth in Total Value Locked (TVL) over the last month, surpassing the $900 million mark on September 23 to further secure its position among the top 10 blockchains by TVL.
On September 17, Sui (SUI) announced the integration of the world’s second-largest stablecoin, USDC, on its platform. The addition of USDC is expected to significantly increase liquidity and drive even more users to the Sui (SUI) network. Furthermore, Grayscale, a leading asset management firm, launched the Grayscale Sui Trust in August, a security solely invested in and deriving value from the price of SUI. The Sui (SUI) price has increased by 36.88% over the past week, and analysts believe there’s potential for further appreciation given the outstanding network growth.
Conclusion
Bitcoin (BTC), ETFSwap (ETFS), and Sui (SUI) are all currently in a positive trajectory. As such, investors should pay close attention to them, especially as we head into Q4 of 2024.
To get more information on ETFSwap:
Visit ETFSwap Presale
Join The ETFSwap Community
Source: https://finbold.com/bitcoin-btc-touches-64000-sui-sui-price-is-spiking-as-network-crosses-900-million-tvl-crypto-experts-say-etfswap-etfs-is-about-to-rocket-from-0-03846-to-5/