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As the search for altcoins with high growth potential deepens, investors are even more keen on diversification with most targeting the presale market. As a result, this new Ethereum altcoin is gaining recognition as analysts tag it the next altcoin rival to Ethereum (ETH) and XRP price. Consequently, investors are rushing this new entrant, ETFSwap (ETFS) allowing it accumulated over $6 million in its third and final presale cycle.
Recent Ethereum (ETH) And XRP Price Movements
In the past 24 hours, XRP price has seen a slight decline of 0.61%, currently priced at $0.5202. The price fluctuated between $0.5157 and $0.5255, indicating minor movements. These fluctuations reflect broader market trends, with small spikes and dips throughout the day. XRP price is facing strong resistance near the $0.52 mark.
If the XRP price breaks through this resistance, analysts suggest it could target the $0.60 level, which presents another potential challenge. Meanwhile, Ethereum (ETH) has recorded 14 green days out of the last 30, with price volatility of 4.80% over the past month. The 50-day, 100-day, and 200-day moving averages are at $2,672, $2,662, and $2,641, respectively, while the Relative Strength Index (RSI) stands at 38.57, indicating a neutral market condition.
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Given these factors, analysts expect the Ethereum price to remain stable in the short term, fluctuating between $2,660 and $2,800, with a potential peak of $3,000 within the next 30 days. However, analysts also believe that market trends, regulatory developments, and technological advancements will significantly influence the Ethereum price growth.
ETFSwap (ETFS) Is Ending Its Presale With Significant Price Progress And Huge Traction
Now ranking as analysts’ number one project to outperform Ethereum (ETH) and XRP price, ETFSwap (ETFS), a new Ethereum altcoin, is finalising its last presale stage with over $6.40 million in revenue. This progress is a result of investors’ interest in its fully decentralised ETF trading platform. ETFSwap (ETFS) operates as a network where investors buy ETFs with cryptocurrencies in seconds.
These ETFs cover products from several financial markets including cryptocurrencies, commodities, and bonds, setting ETFSwap (ETFS) as a top Ethereum altcoin investment to contend with Ethereum and XRP price. Investing has gained substantial trust for the platform as it has been audited by CyberScope— the leading blockchain audit firm.
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Additionally, ETFSwap (ETFS) went through KYC verification procedure with SolidProof, winning investors’ trust as a platform with a safe, secure and reliable trading network. Coupled with this, ETFSwap (ETFS) has assured investors of its authenticity and credibility by linking its ETF assets to Real-World Securities (RWA), and further putting them under the custody of MiCA-regulated licensed banks.
This has built loyalty in investors as many have invested in its presale ETFS token, boosting the Ethereum altcoins price from $0.00854 to $0.05769, representing a 400% price pump and ROI for early investors. Asides its profile authenticity, ETFSwap (ETFS) also functions as a rewarding platform with several other beneficial features. For instance, those who invest in its Ethereum (ETH) based ETFS token can access newly listed ETFs early, earn passively from its staking pool and more.
With the additional benefits of earning up to 87% APR yield when staking the ETFS token, more anticipation is brewing for its beta platform. This beta platform is said to allow users to start trading ETF assets, checking their live prices and swapping features. With these features and incentives, it is no wonder analysts forecast that the price of ETFSwap (ETFS), the latest Ethereum altcoin, will surpass Ethereum and the XRP price.
Conclusion
As ETFSwap (ETFS) wraps up its bonus presale phase with impressive performance, it is becoming clear that this Ethereum altcoin has the potential to rival Ethereum and the XRP price in the coming days. Moreover, with its ambitious roadmap to launch its own ETFs in 2025, analysts expect the Ethereum altcoin to collate massive traction and surge to a whopping 10,000%.
For more information about the ETFS Presale:
