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You are at:Home » Here’s Why Avalanche (AVAX) And Sui (SUI) Whales Are Moving Into The ETFSwap (ETFS) Presale
Industry Viewpoint

Here’s Why Avalanche (AVAX) And Sui (SUI) Whales Are Moving Into The ETFSwap (ETFS) Presale

ETFSwap (ETFS) was among the few crypto tokens that didn’t dip following the recent marketwide downtrend, which overwhelmed almost all coins, including Bitcoin (BTC).
Rakhi ShahBy Rakhi ShahMay 13, 2024No Comments4 Mins Read
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Here’s Why Avalanche (AVAX) And Sui (SUI) Whales Are Moving Into The ETFSwap (ETFS) Presale
Here’s Why Avalanche (AVAX) And Sui (SUI) Whales Are Moving Into The ETFSwap (ETFS) Presale
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Recent market dynamics are believed to have caused Avalanche (AVAX) and Sui (SUI) whales to rotate their capital to the ETFSwap (ETFS) presale. Based on predictions made by crypto experts, this move could be a life-changing one for these investors as there is an opportunity to make life-changing gains from this venture.

Avalanche (AVAX) Underperformance Has Caused Investors To Worry

Avalanche (AVAX) underperformance in the crypto market has caused investors to worry that they might never truly enjoy the returns they envisaged from the crypto token. Avalanche (AVAX) stands out negatively as one of the crypto tokens in the top 50 crypto ranking that failed to record a year-to-date (YTD) price gain.

Having stood out last year as one of the best-performing crypto assets for the year, many crypto investors had high hopes that Avalanche (AVAX) would repeat such a feat, but that hasn’t been the case so far. Instead, the crypto token, currently trading at around $36, has dropped further from its all-time high (ATH) of $146, down over 74%.

This downtrend from Avalanche (AVAX) is even more worrisome considering that all altcoins were predicted to likely pick up after the Bitcoin halving. However, with the halving event all done and dusted, Avalanche (AVAX) hasn’t still shown any sign that it intends to make a run in this bull cycle.

It is also worth mentioning that some bought the Avalanche (AVAX) top in the last bull run, and this category of investors seems to have grown tired the most, seeing as the crypto token might never climb back to such heights (at least not in this market cycle).

Sui (SUI) Investors Want Better

Sui’s (SUI) performance in the market has been okay, with the crypto token recording a year-to-date (YTD) gain of over 44%. However, investors in the crypto token have realized that they can make much more than Sui (SUI) has offered so far. Moreover, compared to the hype around the crypto token pre-launch, Sui (SUI) has failed to live up to expectations.

Currently trading at around $1.13, Sui (SUI) is over 48%, down from its all-time high (ATH) of $2.18. Expectations for the crypto token in this bull run also seem low as crypto experts haven’t included it in their list of coins that could make significant price gains in this market cycle.

These things have weighed on investors’ minds, as they believe they might not eventually make the kind of returns they are looking for if they choose to stick with Sui (SUI).

Being unsatisfied with Avalanche (AVAX) and Sui (SUI) performance, investors have begun to look for alternatives and have the ETFSwap (ETFS), which they believe can make them life-changing gains, seeing how bullish crypto experts are on the crypto token.

ETFSwap’s (ETFS) Potentials Are Unmatched

ETFSwap (ETFS) is the go-to crypto token for anyone looking for maximum returns in this bull run. The crypto token has already shown its potential, skyrocketing since its launch. ETFSwap (ETFS) was among the few crypto tokens that didn’t dip following the recent marketwide downtrend, which overwhelmed almost all coins, including Bitcoin (BTC).

Interestingly, this only looks to be the beginning of ETFSwap’s (ETF) bullish momentum, as crypto experts predict it will rise to as high as $2 when Bitcoin (BTC) reaches $73,000. A price surge to $2 means investors could see a 20,000% gain on their investments.

It is worth mentioning that these experts didn’t factor in their prediction the fact that ETFS is the native token of ETFSwap, a Real World Assets (RWA) project that tokenizes and enables on-chain trading of exchange-traded funds (ETFs). That means ETFSwap (ETFS) could climb way higher since asset tokenization is a narrative gaining ground in the crypto space.

Once this becomes one of the leading narratives, attention will shift toward coins like ETFSwap (ETFS), meaning an impressive amount of liquidity is likely to flow into them. Given ETFSwap’s (ETFS) extraordinary potential, crypto investors have flocked to the token’s presale, with over 60 million tokens sold so far.

There is still an opportunity for those yet to invest to do so, with stage 1 of the token presale still ongoing. Each token costs $0.00854 and it is best to purchase them now since the price is expected to double in stage 2 of the presale.

For more information about the ETFS Presale:

Visit ETFSwap Presale

Join The ETFSwap Community

Crypto Crypto ETF Presale
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Rakhi Shah
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R Shah is a journalist and writer based out of Delhi, India. She is an Economics graduate from Delhi University. She can be reached at R.Shah@alexablockchain.com.

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