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Crypto Analysts Predict Altcoin Rally as Bitcoin (BTC) Dominance Weakens

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Release: 2024-09-12 21:16:10
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Captain Faibik suggests that once this Bitcoin (BTC) pattern occurs, the altcoin market could experience a rally. In light of this, he urges investors to start buying and patiently holding altcoins like ETFSwap (ETFS) for potential gains.

Crypto Analysts Predict Altcoin Rally as Bitcoin (BTC) Dominance Weakens

Captain Faibik recently shared a chart on X (formerly Twitter), suggesting that Bitcoin's (BTC) dominance in the crypto market might start to decline with the formation of a Rising Wedge pattern. This pattern usually indicates a possible reversal or weakening trend, which in this case could signal a potential decline in Bitcoin's (BTC) market dominance.

According to Captain Faibik, once Bitcoin's (BTC) dominance breaks down from the Rising Wedge, we can expect the "real altcoin party" to begin. This shift is bound to create huge opportunities for altcoins to shine, as a drop in Bitcoin's (BTC) dominance often leads to increased interest and capital flow into other cryptocurrencies.

Moreover, he highlights the need to be patient and hold promising altcoins, like the ETFS token, for the mid-term and long term as this market shift occurs. Following his suggestion, many investors are eyeing various promising tokens that will capitalize on Bitcoin's (BTC) drop in dominance.

ETFSwap (ETFS) Is Set To Lead Major Altcoin Gains This Year

ETFSwap (ETFS) is a fully decentralized platform where investors from different sectors can own and trade tokenized ETFs. It aims to integrate several enticing incentives and special perks, like permissionless access to the platform, to ensure investors can use its platform easily and maximize their earnings.

These incentives include monthly airdrops, staking rewards of up to 87% APR yield, 50x leverage on all listed ETFs, and many more, which are exclusively available to investors of ETFSwap's native token, ETFS.

Investors can also expect top-rated security from ETFSwap (ETFS), having been audited by CyberScope—a leading blockchain auditing firm—and undergoing KYC verification from SolidProof, ensuring a secure and transparent trading environment.

With only a few tokens left in the ETFSwap presale, investors are rushing to invest in this crypto project to secure all its other benefits. Currently, more than 500 million tokens have been sold, and over $5 million in revenue has been accumulated.

As token holders on the ETFSwap (ETFS) platform, investors will have access to a 36% passive incoming earning in its staking pool, low and discounted trading fees, voting rights, and early access to new ETF listings.

ETFS even offers assisted trading with additional AI-powered tools like ETF trackers and screeners that help investors navigate the ETF trading market smartly.

The ETFS Presale Is In Its Final Stage: Get In Now For Maximum Gains

The ETFS token presale is gradually nearing its end, with its ascent to its third and final stage. The price of the ETFS token already saw a significant jump of 110% while entering its last and current presale phase.

However, analysts expect more price increases for this token and urge investors to take advantage of ETFS' low price of $0.03846.

Conclusion

The ETFSwap (ETFS) platform aims to launch its official ETF by 2025. When achieved, such milestones could propel the adoption and value of ETFSwap (ETFS) to new heights, enabling early investments to profit. The current ETFS presale stage might be the last chance for investors to purchase the token for a discounted price before the platform's debut.

For more information about the ETFS Presale:

Visit ETFSwap Presale

Join The ETFSwap Community

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