Solana (SOL) is one of the coins that was majorly affected by Bitcoin’s (BTC) recent drop below $54,000. The worst looks to be over for Solana, as crypto analyst Crypto Kaleo has predicted that the crypto will drop lower. In line with this, investors are better off buying the altcoin ETFSwap (ETFS), which will give them 100x returns.
Solana (SOL) To Drop To As Low As $80
Crypto analyst Crypto Kaleo predicted in an X (formerly Twitter) post that Solana (SOL) will drop to $80 as the crypto continues to suffer downward pressure. The accompanying chart, which the crypto analyst shared, showed that the price decline for Solana will happen sometime between now and October.
Solana investors haven’t taken this crypto analyst’s bearish prediction well, considering how the crypto was projected earlier in the year to be one of the crypto tokens that will outperform the market. This development has led these Solana investors to look for better alternatives that can provide them with the returns they desire.
ETFSwap (ETFS) Projected To Reach $5
A crypto analyst has predicted that ETFSwap (ETFS) will reach $5 from its current price of $0.03846, marking a price gain of over 10,000% for the crypto token. That means early investors in its ongoing crypto presale will enjoy over 100x returns on their investment, making it a better investment option than Solana (SOL).
The crypto analyst’s bullish prediction is based on ETFSwap’s (ETFS) unique utility, which is already grabbing the attention of both traditional and crypto investors. The altcoin allows investors to easily diversify their portfolios by swapping it for tokenized exchange-traded funds (ETFs) and cryptocurrencies on the ETFSwap investment platform.
As such, with the impressive demand that the altcoin is enjoying among these investors, the crypto analyst is confident that the ETFSwap (ETFS) token will enjoy this price gain of over 10,000% in this bull run. The demand for the altcoin is also thanks to the imminent launch of the beta version, which will boast exciting features.
These features include its user-friendly interface, which allows investors to easily swap their tokenized ETFs for crypto assets and vice versa using the ETFS token. The decentralized finance (DeFi) platform will also integrate zero-knowledge (ZK) proof technology, allowing users to trade anonymously since they won’t need to reveal their identity or any other sensitive information.
The decentralized trading platform will offer seamless trading opportunities, allowing users to maximize their investment returns further. For instance, users will be able to use up to 50x leverage on listed ETFs and enjoy greater returns on these traditional assets. This leverage trading service will benefit traders who trade perpetual futures for these ETFs on the trading platform.
ETFSwap (ETFS) has implemented plans to launch its ETF in 2025, providing an additional opportunity for investors to maximize their returns in this bull run. Investors can also earn passive income by staking their ETFs or crypto assets, including the platform’s native ETFS token. Those who stake the altcoin can earn up to 87% annual percentage yield (APY) on their staked tokens.
Those who hold the altcoin can also provide liquidity and earn up to 30% of the fees from the token swaps. It is worth mentioning that the trading platform will feature artificial intelligence (AI) powered tools that will ensure they make the most from their trades. These tools, ETF Tracker and ETF Screener, provide the best ETF recommendations to investors. They also perform predictive analysis, providing insights into the future outcome of potential trades.
Conclusion
ETFSwap’s (ETFS) outlook is bullish, especially with a well-experienced team, certified by SolidProof, spearheading the project. As such, those looking to make maximum gains from ETFSwap (ETFS) need to buy the altcoin as soon as possible, seeing how investors have been rushing to buy it in its ongoing presale.
For more information about the ETFS Crypto Presale:
Visit ETFSwap Presale
Join The ETFSwap Community
Source: https://coinpedia.org/press-release/crypto-analyst-predicts-solana-will-drop-buy-etfswap-altcoin/