The Dogecoin price has had a great run since its bull run began in October, leading to talks that the foremost meme coin could reach $1 before this year ends. However, a Wall Street veteran has stated that the DeFi altcoin ETFSwap (ETFS) is a better bet, predicting that it will surge 52,000%, outperforming the Dogecoin price in the process.
Dogecoin Price Could Reach $1 But ETFSwap Is A Better Bet
Crypto analysts have predicted that the Dogecoin price could reach $1 by year-end. These analysts have made this prediction as they envisage that the Dogecoin price could soon enjoy its next leg up, having consolidated for about 25 days, just like in the 2021 cycle when the Dogecoin price consolidated for 25 days after the first phase of its bull run.
However, despite this bullish outlook for the Dogecoin price, a Wall Street veteran has said that the DeFi altcoin ETFSwap (ETFS) will outperform the Dogecoin price in this bull run. The Wall Street veteran predicts the DeFi altcoin will record a 52,000% surge, putting it well above the Dogecoin price in this market cycle.
Why ETFSwap (ETFS) Will Record This 52,000% Price Surge
The Wall Street veteran is confident that the ETFSwap (ETFS) token will surge 52,000% because of its amazing utility, which puts it above meme coins like Dogecoin. The DeFi altcoin is the native token of the ETFSwap platform, which will tokenize exchange-traded funds (ETFs) and other real-world assets (RWAs) like gold, silver, crude oil, rubber, and cotton, and among others.
Therefore, ETFSwap (ETFS) is set to become a major player in the RWA market, which is projected to be worth trillions of dollars by 2030. This is why the Wall Street veteran is convinced that the DeFi altcoin can reach such heights and has advised investors to accumulate as many coins now following its launch before its price skyrockets.
ETFS is set to play a major role in ETFSwap’s tokenized ETF offering as investors, including Wall Street giants, will need it to access these traditional assets. Since it launched on the Uniswap decentralized exchange (DEX), the DeFi altcoin has been witnessing massive demand as investors are looking to use ETFSwap since it provides an easier and more convenient way to invest in ETFs.
The DeFi altcoin also grants investors access to the crypto assets on the ETFSwap platform. Investors will be able to use the ETFS token to trade both ETFs and cryptocurrencies on the decentralized finance (DeFi) platform. Investors can easily swap their crypto assets for ETFs and vice versa using the DeFi altcoin.
With such utility, investors cannot afford to miss out on the 52,000% surge that the Wall Street veteran has predicted that the ETFSwap (ETFS) token will enjoy in this bull run. The Wall Street veteran also highlighted the fact that the DeFi altcoin is deflationary. The ETFSwap team will use some of the fees earned on the DeFi platform to buy back and burn ETFS tokens.
With the demand the platform will enjoy in this market cycle, a significant portion of ETFSwap’s (ETFS) will be burnt over time, contributing to this 52,000% price surge. Moreover, the team has vested their coins for five years, meaning ETFS will experience a supply shock leading to a parabolic rally.
Conclusion
The ETFSwap (ETFS) token has launched on the Uniswap DEX and is expected to be listed on other major exchanges in the coming weeks. These upcoming exchange listings will spark a massive surge. Luckily, investors have the chance to accumulate as many coins as they can on Uniswap before these upcoming listings.
There is no better time for investors to position for these price surges, considering that they could make up a 52x return on investment (ROI) when the DeFi altcoin records the 52,000% surge like the Wall Street veteran predicted.
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