Bitcoin price is heading towards USD 70,000 while the Ethereum price eyes USD 3,000, which raised questions about whether the crypto bull run has started.
Bitcoin
The bullish sentiment in the crypto market has again returned, with the Bitcoin price rebounding close to $70,000 and the Ethereum price targeting $3,000. Crypto analysts say that the crypto bull run might be finally here, with ETFSwap (ETFS), one of the altcoins, set to enjoy massive gains as the Bitcoin price and Ethereum price target new highs.
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The Crypto Bull Run Looks Set To Begin
The crypto bull run looks set to begin with the Bitcoin price and Ethereum price targeting new highs. The Bitcoin price and Ethereum price are known to lead the way whenever the crypto bull run is set to begin, and this crypto bull run isn’t expected to be different. The Bitcoin price is already approaching $70,000 after breaching the $66,000 resistance.
A rise to $70,000 for the Bitcoin price is significant as it would put the current all-time high (ATH) of $73,000 in sight for the Bitcoin price. Meanwhile, the Ethereum price also eyes the $3,000 target with the crypto bull run set to begin. A massive rally for the Ethereum price is significant as this could usher in the altcoin season during the crypto bull run. The Ethereum price always leads the way since ETH is the leading altcoin by market cap.
ETFSwap (ETFS) To Be One Of The Largest Gainers
Analysts say that ETFSwap (ETFS) will be one of the largest gainers once the crypto bull run begins, with the Bitcoin price and Ethereum price leading the way. The ETFS token is projected to enjoy a 50,000% gain from its current price of $0.03846 when the crypto bull run peaks next year.
This bullish outlook for the ETFSwap (ETFS) token is due to its first-of-its-kind offering and other exceptional utilities. The ETFSwap ecosystem system is revolutionizing exchange-traded fund (ETF) trading using the ETFS token. Investors will be able to trade the tokenized ETFs on the decentralized finance (DeFi) platform using the ETFS token.
They will swap the ETFSwap (ETFS) token for their desired asset. This makes investing in the traditional markets much more straightforward since investors will now only need the ETFS token before they trade these assets. Portfolio diversification is also set to be easier as the trading platform will offer cryptocurrencies and other commodities alongside these tokenized ETFs.
The ETFSwap (ETFS) team has collaborated with MiCA-regulated investment banks to offer securities and crypto trading. The trading platform's tokenized ETFs are backed by real-world securities, so investors can be confident about investing in the assets on the platform.
The ETFSwap (ETFS) token provides access to the platform’s staking feature for ETFs and crypto assets. Investors will be able to stake their ETFs and crypto assets and earn up to 87% annual percentage yield (APY) on their staked assets. ETFS token holders can also earn passive income by providing liquidity to the liquidity pools and enjoying some of the fees from token swaps.
Holders will have access to these liquidity pools once the ETFSwap beta platform launches. The beta platform has already launched on the Ethereum testnet, with the team currently improving the user interface (UI) to enable users to get the best experience. Therefore, the mainnet launch should happen anytime soon.
When the beta platform goes live, users will also have access to the artificial intelligence (AI) powered trading tools on ETFSwap (ETFS). They can use these tools when looking for the best ETFs to invest in. These tools are also helpful when trading perpetuals for ETFs on the DeFi platform.
Conclusion
This is the best time to position for ETFSwap’s (ETFS) projected 50,000% price gain in this crypto bull run with the Bitcoin price and Ethereum price targeting new highs. Early investors in ETFSwap’s (ETFS) ongoing presale stand to enjoy a 500x return on investment (ROI) at the peak of thi crypto bull run.
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