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Several crypto analysts have predicted that Dogecoin (DOGE) will hit $1 in this bull run, although they failed to mention when exactly that could happen. However, crypto analyst Master Kenobi has now provided a timeline. Based on his projection, ETFSwap (ETFS) will reach $1 before Dogecoin and outperform the meme coin in this market cycle.
ETFSwap (ETFS) To Reach $1 By November
A crypto analyst has predicted that ETFSwap (ETFS) will rally by 3,000% and rise above $1 from its current price of $0.03846 by November. The crypto analyst asserted that the decentralized finance (DeFi) token will enjoy this price surge because of its upcoming developments, providing bullish momentum. One of the developments he referenced was the imminent launch of the ETFSwap beta platform. The decentralized trading platform is set to bridge the traditional finance (TradFi) and DeFi world by providing an avenue for investors to trade exchange-traded funds (ETFs) and crypto assets in one place.
The trading platform tokenizes these ETFs and enables them to be traded on-chain alongside cryptocurrencies. This will make portfolio diversification much easier since investors can now gain exposure to various asset classes on the platform. ETFSwap will also offer several commodities, including gold, silver, rubber, crude oil, and cotton, among others.
The ETFSwap (ETFS) team, certified by SolidProof, has already announced that the backend for phase 1 of the beta platform is done, and what remains is a thorough testing of the user interface (UI). Considering this, the beta platform could launch sometime in October, a development that is enough to cause ETFS’ value to skyrocket above $1, just like this crypto analyst has predicted.
The beta platform launch will also provide bullish momentum for ETFSwap (ETFS) because it will lead to a massive demand for the DeFi token. Investors will rush to buy ETFS as they look to access unique offerings on the trading platform. Investing in the ETFSwap trading platform is undoubtedly more straightforward than using centralized trading platforms.
There are no Know-Your-Customer (KYC) requirements on ETFSwap (ETFS), meaning that investors can start investing quickly. These investors will also be able to invest anonymously since ETFSwap plans to integrate zero-knowledge (ZK) proof technology on the platform. Therefore, investors will not need to reveal their identity or other sensitive information.
The trading platform’s decentralized nature means that anyone can invest in traditional markets from anywhere in the world. Meanwhile, the trading platform is stacking the odds in favor of its users through its artificial intelligence (AI) powered trading tools. These tools, ETF Screener and ETF Tracker, provide users with the best ETF recommendations.
Users will be able to access these tools once phase 2 of the beta platform goes live. Phase 2 will also feature the staking mechanisms. Users will be able to stake their ETFs and earn juicy staking rewards. They can also earn up to 87% annual percentage yield (APY) when they stake their ETFSwap (ETFS) tokens.
When Dogecoin (DOGE) Will Hit $1
Crypto analyst Master Kenobi mentioned in an X post that Dogecoin (DOGE) will reach $1 by December 2nd later this year. He made this prediction based on his analysis of Dogecoin’s chart. The crypto analyst claimed that the chart shows that Dogecoin has now enjoyed its third consecutive green week. In line with this, he expects Dogecoin to hit $1 by December 2nd.
The crypto analyst further predicted that Dogecoin could reach $1.25 on March 3rd in a conservative scenario and $3.5 in an optimistic scenario.
Conclusion
The crypto analyst’s Dogecoin prediction shows that ETFSwap (ETFS) will indeed outperform the foremost meme coin in this market cycle since the latter is still projected to rise to $5 by next year. Therefore, investors shouldn’t waste time and quickly buy ETFSwap (ETFS) in its ongoing presale as they stand to make up to 200x return on the utility token.
For more information about the ETFS Crypto Presale:
Visit ETFSwap Presale
Join The ETFSwap Community
Source: https://finbold.com/crypto-analyst-says-dogecoin-is-on-track-to-hit-1-heres-the-timeline/