The bull season is an important period in the crypto industry when several assets surge to new highs and investors make tremendous profits on their investments.
As we approach the next bull run, experts have identified three utility crypto tokens that have the potential to make the next crypto millionaires in 2024.
They are ETFSwap (ETFS), Toncoin (TON), and Cardano (ADA). Let’s see why the experts are confident these utility crypto tokens will do well in the next bull run.
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ETFSwap (ETFS) To Make The Next Crypto Millionaires In 2024
ETFSwap (ETFS) is a crypto ETF trading platform that reshapes ETF trading with the tokenization of assets. On the ETFSwap (ETFS) ecosystem, traders have the option to trade tokenized ETFs, which will be a direct representation of their traditional counterpart on-chain.
Since they are on the blockchain, traders can do more with the tokenized ETFs on ETFSwap (ETFS), like trading them with leverage and tapping into the network’s fractional ownership feature.
Further, the tokenized ETFs will be fully convertible to other crypto tokens, compared to traditional ETFs that can only be converted to fiats. ETFSwap (ETFS) makes this seamless switch between ETFs and cryptocurrencies possible by partnering with MiCa-regulated investment banks to handle trading securities and cryptocurrencies.
Also, the platform’s native token, ETFS, will be instrumental in converting ETFs to cryptocurrencies and every other activity on the network. The utility crypto token will also grant users access to network governance through voting and allow them to earn passive income through staking.
ETFSwap (ETFS) currently offers the utility of crypto at a low price of $0.01831 per coin in its ongoing presale event. Interestingly, crypto whales are rushing to get a piece of this token now as its price will soon increase to $0.03846. When that happens, all who bought it now will have secured their chance of making an automatic profit as soon as the token increases in value.
Cardano (ADA) On The Verge Of Breakout
Cardano (ADA) is an open-sourced blockchain platform that facilitates peer-to-peer transactions with the help of its native token, ADA.
ADA, the utility crypto of the Cardano (ADA) network, fell to a ten-month low of $0.2799 during the market-wide dip in August 2024. Investors who bought Cardano (ADA) in March 2024 lost 60% during the dip.
However, a crypto analyst, Gambardello, has identified a potential short-term breakout for Cardano (ADA), giving those investors a glimpse of hope. According to Gambardello, key events, like the upcoming Chang Hard Fork upgrade scheduled for September 1, 2024, would catalyze the breakout.
Gambardello also highlighted that Cardano (ADA) is testing a 50-day moving average; if the utility crypto breaks above that level, it will surge to the $0.43 mark. According to CoinGecko, Cardano (ADA) trades at $0.382 and ranks 12th in the crypto market.
Toncoin (TON) See Increased Whale Activity
According to the on-chain intelligence platform IntoTheBlock, there has been an increase in large transactions involving Toncoin (TON) over the past month. The intelligence platform revealed that Toncoin (TON) transactions between $1 million and $10 million surged by 46%, while transactions above $10 million surged by 50%.
According to experts, all Toncoin (TON) indicators point to bullish momentum, with Toncoin (TON) reaching $7.52 if the buying pressure remains strong. However, a drop in momentum could send the price of the utility crypto down to $6.51. According to CoinGecko, Toncoin trades at $6.60 and ranks 9th in the crypto market.
Conclusion
While experts have selected ETFSwap (ETFS), Toncoin, and Cardano (ADA) as the utility crypto tokens investors need to buy as we approach the next bull run, investors stand a better chance of profiting with ETFSwap (ETFS). This is because ETFSwap (ETFS) promises all investors automatic profit on their investments.
But as a cherry on top, experts have speculated a 20,000% surge for the utility crypto ahead of the next bull run. So hurry and buy ETFS today to increase your chance of becoming a crypto millionaire in the next bull run.
For more information about the ETFS Presale:
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