All altcoins are known to have their season when they pop and make a parabolic move to the upside, usually thanks to the leading narrative at that point in time or key fundamentals of the crypto token that spark such a bullish move. This time around, a top crypto expert has singled out ETFSwap (ETFS), Avalanche (AVAX), and Polkadot (DOT) as the next altcoins that will make such a move to the upside.
Why ETFSwap (ETFSwap) Is Poised For A Parabolic Move, Crypto Expert Says
Having highlighted ETFSwap (ETFS) as one of the altcoins poised for a parabolic move, the crypto expert explained why he was so bullish on the token. One is that ETFSwap (ETFS) is bound to benefit massively from the hype around Real World Assets (RWA).
ETFS is the native token of the decentralized investment platform ETFSwap. The investment tokenizes exchange-traded funds (ETFs), which are also RWAs, and enables them for on-chain trading. ETFSwap (ETFS) is projected to enjoy massive success because it boasts a first-mover advantage.
The investment platform will be the first to enable the on-chain trading of ETFs and cryptocurrencies in one place. The innovative platform stands out because it provides a more accessible, secure, and transparent way to invest in these traditional assets using blockchain technology.
Diversifying one’s portfolio between traditional and crypto assets has never been easier, given how investors can easily swap their crypto holdings for ETFs and vice versa. The ETFSwap (ETFS) will act as a bridge token, making this investment strategy a reality. Users can simply convert their cryptocurrencies to their preferred ETFs. If they choose to diversify some of their capital into crypto assets, they can convert their ETF holdings back to the ETFSwap (ETFS) token and then to their preferred assets.
Meanwhile, it is worth mentioning that ETFSwap (ETFS) is built on the Ethereum (ETH) network, which means that these otherwise illiquid assets are exposed to unparalleled liquidity in the Ethereum (ETH) ecosystem. That is why users can settle their ETF trades at any time and be assured that they will enjoy minimal slippage on their trades.
ETFSwap (ETFS) is an ERC-20 token, which means it is compatible with several other altcoins, making token swaps seamless and straightforward. Using ETFSwap (ETFS) from the beginning is also straightforward, as the platform’s Know-Your-Customer (KYC) requirements are non-mandatory, meaning users can create an account and start investing in their favorite ETFs and crypto assets in record time.
Users will also have access to real-time data and analytics, which will serve as a guide to help them make informed investment decisions. This data will contain all necessary information about each fund, including its market cap, launch date, performance, and a chart for the technical analysts to gauge its future trajectory.
Avalanche (AVAX) And Polkadot (DOT) Are Altcoins In The Mix
The crypto expert is also bullish on Avalanche (AVAX) and Polkadot (DOT). For Avalanche (AVAX), he predicts that the token could be one of the altcoins next in line to have its ETF. The expert also mentioned that the approval of the Spot Ethereum ETFs could usher in an Ethereum Virtual Machine (EVM) season for layer-1 blockchains, with Avalanche (AVAX) well positioned to benefit massively from this occurrence.
Meanwhile, Avalanche (AVAX) is one of the few altcoins in the top 50 coins by market cap that has continued to lag since the start of the year. Therefore, a rally looks overdue for Avalanche (AVAX), which could happen anytime from now. Polkadot (DOT) also falls under this category. The crypto currently boasts a year-to-date (YTD) gain of -10% and could rally soon enough.
The expert also alluded to Polkadot’s (DOT) fundamentals, which paint a bullish outlook for the crypto token. Specifically, he highlighted the release of Polkadot 2.0 and how improving the Polkadot (DOT) network’s functionalities is bound to reflect positively on the Polkadot (DOT) price at some point, especially as the bull run progresses.
Conclusion
ETFSwap (ETFS) is undoubtedly set to lead a financial revolution, given how the platform merges the stability of traditional assets with the ethos of decentralization. Currently selling at $0.00854, ETFSwap (ETFS) is clearly the most undervalued of all the altcoins and will provide better returns than Avalanche (AVAX) and Polkadot (DOT), which have limited upside potential.
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