In early April 2024, the crypto industry experienced a significant shakedown in price, which severely affected the market. Bitcoin (BTC), the largest cryptocurrency, fell below $60,000, and Ethereum (ETH) broke its $3,000 support level. While the market seems to have rebounded, investors of Fetch.AI (FET) and Litecoin (LTC) are still nursing the losses they incurred during the strong market correction.
However, amidst this bearish trend, ETFswap (ETFS) has continued to flourish, giving investors hope as it gears to surge by 10,000%.
Litecoin (LTC) Dips Below $80
Litecoin (LTC), one of the prominent altcoins in the crypto industry, recently fell below the $80 mark, raising questions among enthusiasts about its next trajectory. The dip, which resulted from market-wide corrections, made the coin trade at a $76 low in the past 24 hours. While the coin has rebounded to the $84.17 level, it is still far off from its all-time high of $412, which it achieved during the 2021 bull run.
With the upcoming halving, its bulls could take charge and drive its price upward. For this to happen, Litecoin (LTC) would have to see more adoption and partner with more titans in the industry. All these factors could boost investor confidence and increase the demand for the coin. However, negative sentiments and regulatory battles could scare off investors and even lead to massive sell-offs by existing investors.
Fetch.AI (FET) At Risks Of Further Drop In Price
Fetch.AI (FET), one of the pioneers of the blockchain artificial intelligence (AI) narratives in the crypto industry, has been trading under a bearish radar since late March, when it lost 45% of its price value after a bullish rally.
Price experts, therefore, speculate that the bulls have a lot of work to do to prevent its price from further falling. They need to hold the line at the $1.70 support level, as a dip to the $1.59 mark would trigger a further drop in price.
However, if the bulls can defend the support level, there is an increased chance for the token to go above $1.98. it could extend the gains to the $2.87 level or even reach its peak of $3.47, which it gained on March 28.
Currently, Fetch.AI (FET) has crossed the $2 threshold, trading at $2.42 according to data from Coinmarketcap. Therefore, its bulls had successfully defended the $1.70 support level. The worst is far from over, though, as it could still slip below the $1.59 mark, reversing the bullish pattern.
ETFSwap (ETFS) Gets Ready To Surge To The $1 Mark
ETFSwap (ETFS) is a blockchain platform that continues progressing despite the bearish market sentiment. This is because it has boosted investor confidence with its successful private sale and ongoing landmark presale.
Also, its killer features, like staking, leverage trading, seamless swapping, and fractional ownership, have made it gain traction among crypto community members. Further, investors have been assured of the safety of their funds as the platform has undergone a rigorous audit of its smart contract by the leading blockchain security firm, Cyberscope. Cyberscope, after a meticulous check, found no critical underlying conditions in its smart contract that could pose a danger to the platform and make it vulnerable to cyber-attacks.
ETFswap (ETFS) currently offers its native token, ETFS, at a low price of $0.00854 per coin in its stage 1 event. The platform has also set stage 2 to start at a higher price of $0.01831, thereby assuring all stage 1 participants of profits on their investments. Investors are undoubtedly attracted by the ETFswap ecosystem, which allows individuals to trade tokenized exchange-traded funds (ETFs) on a comprehensive web3 marketplace designed to make trading easier.
Investors are also undoubtedly interested in the speculation of experts who predict that ETFS will surge by 10,000% soon, hitting the $1 mark. They are also aware that early investors will make the most of these predictions, which will give them a 100x yield on investment. You, too, can be among the early investors today if you buy ETFS at presale and increase your chances of getting 100x profit on your investment.
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Disclosure: This is a sponsored press release. Please do your research before buying any cryptocurrency or investing in any projects. Read the full disclosure here.