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Cardano price has faced market turbulence in recent months, restraining it to a bearish run. However, recent activities by Cardano (ADA) whales are beginning to shift market sentiments that a price breakout is possible. On the flip side, crypto investors are buying ETFSwap (ETFS) massively as it is gearing up for an explosive 4,000x growth.
On-Chain Metrics Point To A Potential Cardano Price Breakout
The Cardano price stands at a critical point as the altcoins show early signs of a possible breakout. According to crypto data from IntoTheBlock, Cardano’s Network Value to Transactions (NVT) ratio is currently at its highest since June. For the Cardano price, this value points to over-evaluation.
The Cardano price underperformed last month by shedding 11.4%, which raises concerns about the rising NVT rations. If this high NVT is not followed by increased network engagement, the Cardano price might struggle to hold. Nonetheless, Cardano price has gone against all odds by finding support at $0.31 last week. If the Cardano price is able to surpass the 200-day moving average at $0.397, then a bullish trend is possible.
ETFSwap (ETFS) Tagged “The Most Lucrative Altcoin Ever” As It Prepares For A 4,000x Surge
Despite being in its bonus presale stage, ETFSwap (ETFS) is a groundbreaking project that has taken the crypto world by storm. This is not hearsay because the altcoin raised almost $7 million weeks after its presale started. This was possible for many reasons.
First, ETFSwap (ETFS) combines DeFi and traditional finance in a way that has captured the hearts of institutional investors. On this platform, crypto users can trade tokenized ETFs across industries like technology, commodities, energy, and healthcare. Moreover, the altcoin partners with MiCa-compliant regulated investment banks, which makes the integration of decentralization with ETFs possible.
No KYC verification is needed to get started with ETFSwap (ETFS). Once signed up, you can access futures, advanced trade perpetual up to 10x, 50 marginal trading, and optimal liquidity. Additionally, you can open and close positions as you want while enjoying high yields from ETF staking.
Securities traded on ETFSwap (ETFS) are protected by robust security measures to give crypto investors confidence that their assets are safe. The development team has proven reliable by completing its KYC verification with SolidProof. As such, there is no fear of unknown people handling your investment. Furthermore, ETFSwap ‘s (ETFS) smarts contracts have been certified bug-free following CyberScope’s audit of the altcoin.
After over 15 weeks of hard work, ETFSwap’s (ETFS) beta platform is finally live on testnet. The backend development and testing were rigorously done to ensure it was fully functional. ETFSwap’s (ETFS) final look is sleek and has numerous powerful features. You can stake your tokens for rewards and access different liquidity pools.
You can use the advanced AI-powered ETF Filter and Screener to get real-life suggestions on the most profitable trading strategy based on market conditions. Also, you can use the live ETF price tracker to stay updated on the prices of the tokenized assets. Finally, you can buy and sell popular ETFs without expiration.
One of the most beautiful things about this altcoin is its low entry barrier, which provides inclusivity for both small and medium crypto investors. While experts have said ETFSwap’s (ETFS) price will rise by 4,000x, it is relieving to know that the presale’s bonus round is ongoing with a token selling for $0.05769. The best time to invest massively in this altcoin is now because the bonus presale stage is almost over.
Conclusion
While the Cardano price shows the possibility of breaking out, crypto traders who want a more promising opportunity for explosive growth are joining the ETFSwap (ETFS) community. With news of it headed towards a 4,000x surge, this is the lowest price you can ever buy the altcoin. Hurry now to secure your portion of the token so you can reap huge profits before it goes to the moon!
For more information about the ETFS Presale:
Visit ETFSwap Presale
Join The ETFSwap Community
Source: https://finbold.com/cardano-price-prediction-ada-whales-determine-to-end-bearish-pressure-but-investors-are-selling-to-buy-this-4000x-altcoin/