Spot Ethereum ETFs are currently facing low trading volumes as the Ethereum ETF market is witnessing streaks of market outflows. Hence, Ethereum (ETH) has dropped to an all-time low since April 2021, currently trading near the $2300 price point. These prevailing Spot Ethereum ETFs outflows are also affecting the prices of other Ethereum-based crypto assets.
Consequently, investors rush to Fantom (FTM), POPCAT, and ETFSwap (ETFS) as they continue an uptrend despite the price dips occasioned by Spot Ethereum ETFs outflows.
ETFSwap (ETFS) Completely Unfazed By Spot Ethereum ETFs Outflows As Experts Expect $5 By Launch
Despite being an Ethereum-based ICO, ETFSwap (ETFS) has completely defied the odds of remaining in an ecosystem uptrend despite the steady cash outflows experienced by Spot Ethereum ETFs. ETFSwap (ETFS) has remained on a bullish trajectory with its groundbreaking tokenized ETF solution, which is fusing the $10 trillion ETF market with the cryptocurrency market through ERC20 ETF tokens.
ETFSwap (ETFS) is now at the forefront of a transformative era by fully onboarding institutional assets on-chain in a permissionless and decentralized ecosystem. Through ETFSwap (ETFS), ETF investors and traders alike now have direct access to both crypto-based and commodity ETFs of high-liquid institutional assets like coal, gas, corn, gold, and many more across multiple ETF markets.
ETFSwap (ETFS) is successfully pulling in bullish traction from crypto whales and institutional investors, and over $4 million has been raised in its ongoing presale. Its novel technology is expected to create a new array of financial asset classes while diversifying underlying assets on whopping multipliers up to 100X. To reduce the volatility of crypto-based ETF assets, the SolidProof-audited ETFSwap (ETFS) team offers a stable mix of fixed-income treasuries, bonds, and securities for reduced volatility and reliable returns.
The widespread adoption of the native trade-to-earn ETFS token is also on the horizon as holders will get a whopping 87% APR yield and an additional 36% earning for using the ETFS token to contribute to the growth of the ETFSwap (ETFS) liquidity pool.
Little wonder the ETFSwap (ETFS) presale is booming and DeFi ecosystem analysts are tipping the native ETFS token to hit $5 upon launch, a 21,900% meteoric surge from its current presale price. Take advantage of the $0.03846 presale price to escape the dips occasioned by Spot Ethereum ETFs outflows and position for millions in ROI.
POPCAT Moves Closer To Its All-Time High
Unfazed by the Spot Ethereum ETFs outflows, POPCAT is also following in the uptrend direction of ETFSwap (ETFS) as the native POPCAT token moves ever closer to the all-time high price of $0.9939. Just within this past week in which Spot Ethereum ETFs witnessed a 5-day consecutive outflow, POPCAT, on the other hand, witnessed buy accumulations to hit a weekly high of $0.7488.
Major DeFi investors are starting to accumulate big bags of the native POPCAT token as it witnessed a 14.77% appreciation in value in the past week, making the POPCAT token one of the best performers of the week. More so, price action experts have tipped POPCAT to hit $2 in the upcoming market cycle as Solana (SOL) trading volume increases.
Fantom (FTM) Sits On A Strong Support
Just in the early hours of September 17, 2024, Fantom (FTM) hit a two-month high of $0.5687 as buyers stepped up the buying pressure for the native Fantom (FTM) token. Going forward in the upcoming market cycles, Fantom (FTM) is expected to move closer to the all-time high price of $3.46 as it sits on a strong support level to rally it.
On-chain data from IntoTheBlock reveals that the Fantom (FTM) token sits on a strong support level which beats the resistance level on its price recovery area with the chart showing that almost 1600 addresses previously bought approximately 242.56 million Fantom (FTM) tokens around the $0.47 demand region. With this sustained buy strength, Fantom (FTM) is expected to smash past the $1.40 price point sooner rather than later.
Conclusion
Spot Ethereum ETFs outflows have no price dip effects on ETFSwap (ETFS), Fantom (FTM), and POPCAT as they all show bullish tractions with massive whale buy-ins. The native ETFS token presents the most profitable opportunity to make millions in ROI as the floor price entry of $0.03846 is set to hit $5 upon full DeFi launch.
For more information about the ETFS Presale:
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