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Solana Volatility Rattles Dreams Of $200, Binance Coin And Dogecoin Fail To Break Bearish Streak

30 June 2024
in BNB
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Recent market volatility has rattled investors’ confidence, causing them to question their stance on Solana (SOL), Binance Coin (BNB), and Dogecoin (DOGE). These altcoins impressed, while the market saw stable growth and teased higher price ranges.

With recent market uncertainty, investors have turned to new market entrant ETFSwap (ETFS), which has surprised the market with its impressive prospects and exceptional presale growth.

ETFSwap (ETFS) Presale Continues To Soar Amid Market Downturn

ETFSwap (ETFS) presale has impressed despite recent bearish market trends. The continued growth of the new ETF trading platform is a sign of the massive success to come towards launch and healthier market trends. The presale has allowed early investors to bet on the platform’s prospects as the next mooner in the crypto market.

The profit potential on ETFSwap (ETFS) is massive due to bullish market narratives around ETFs and tokenized real-world assets (RWA). The new ETF trading platform is an RWA platform for trading and investing in tokenized ETFs. More than access to crypto ETFs, the ETFSwap (ETFS) platform will list ETF assets in energy, healthcare, commodities, technology, and many more industries.

Also, the tokenized ETFs will be backed by real securities bought from traditional markets, offering much more investment flexibility than their true counterpart in traditional markets. Some benefits of ETFSwap (ETFS) to look forward to include seamless crypto-to-ETF conversion, fast settlements, ease of portfolio diversification, staking and lending opportunities for more liquidity, and 24/7 market coverage without the limits of trading hours, like in a centralized market.

Another edge of centralized platforms is the non-requirement of KYC information, which greatly appeals to crypto investors who prefer to remain anonymous. The new ETF trading platform allows crypto swaps in full DeFi mode. Other ETFSwap (ETFS) features to look forward to as the platform approaches beta launch include up to 50x leverage positions, AI-powered ETF Finder and ETF Screener, and an immersive user interface.

Is Solana (SOL) Headed For $200 or $100?

Solana (SOL) holders have been thrown in a pickle these past several weeks. While Solana saw price ranges of $200 earlier in the year, investors fear the cryptocurrency may be headed for $100. The cryptocurrency has declined by about 20% in the past month following a bullish bounce from the lows of $124 in the past week.

Solana (SOL) is trading around $138 as of this writing and has maintained over 700% price increase in the past year. AMBCrypto reports that Solana continues to show confidence in the cryptocurrency, noting that the cryptocurrency accounted for 4.4% of the crypto market Total Value Locked (TVL).

Other supporting market metrics include the 80% total Solana supply in circulation and 65% of the supply actively staked. AMBCrypto believes it’s evidence of high investor trust, predicting a bullish movement for the cryptocurrency.

Binance Coin (BNB) And Dogecoin (DOGE) Stuck In Bearish Trend

Binance Coin (BNB) and Dogecoin (DOGE) have failed to break the bearish streak as the bloodshed continues on both altcoins. While experts believe that Binance Coin (BNB) is seeing a pullback from its recent ATH, Dogecoin (DOGE) has been downward and dropped by 27% in the past month.

Binance Coin (BNB) and Dogecoin (DOGE) are promising altcoins with the potential to break new highs in the current market cycle. Therefore, experts believe cryptocurrencies will show strength when the market breaks the bearish trend.

Long-term investors view the current market conditions as a discount entry for their favorite altcoins, such as Binance Coin (BNB) and Dogecoin (DOGE), and want to add more.

Conclusion

The current bearish trend provides a discount to buy more for Solana (SOL), Binance Coin (BNB), and Dogecoin holders. However, ETFSwap (ETFS) offers the ultimate discount entry, which allows investors to bet on over 50,000% prospects towards the bull run.

Secure early entry in the future of crypto and ETF trading while the presale price is as low as $0.01831. The next presale stage will start at $0.03846, so take advantage of the low pricing now.

For more information about the ETFS Presale:

Visit ETFSwap Presale

Join The ETFSwap Community

 

Disclaimer: This is a paid release. The statements, views and opinions expressed in this column are solely those of the content provider and do not necessarily represent those of Bitcoinist. Bitcoinist does not guarantee the accuracy or timeliness of information available in such content. Do your research and invest at your own risk.

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