Litecoin (LTC) And Chainlink (LINK) Fall Behind As ETFSwap (ETFS) Dominates Crypto Investors Attention
While Litecoin (LTC) and Chainlink (LINK) have struggled to gain momentum, with their prices fluctuating and no clear bullish trend in sight, a new player is capturing the spotlight. ETFSwap (ETFS) is rapidly gaining the attention of crypto investors, standing out as the hot contender in a market searching for strong performers.
ETFSwap (ETFS) Exerts Market Dominance As Debut Draws Near
There is currently a discernible rise in market participants interest in the ETFSwap (ETFS) DeFi platform and its native token. Unlike traditional crypto projects such as Litecoin (LTC) and Chainlink (LINK), the ETFSwap (ETFS) defi platform is offering a new & unique value proposition. The ETFSwap (ETFS) platform is a DeFi trading platform for tokenized real-world exchange-traded funds (ETFs) on the blockchain.
This is not to be confused with crypto ETF. These ETFs are in sectors like oil & gas, transportation, agriculture, finance, etc.; by tokenizing these asset classes, ETFSwap (ETFS) makes it possible to trade them on the blockchain. Each of the ETFs is from MiCa-compliant investments, which have been audited alongside the entire platform by CyberScope, a renowned security company.
The Defi platform is bridging traditional finance with the crypto world with a few clicks of a button. Since the ETF market is highly sought after and offers huge potential to earn, the ETFSwap (ETFS) platform has gained popularity, commanding the attention of thousands of crypto enthusiasts. Some registered users waiting for the ETFSwap (ETFS) platform to launch officially are looking forward to its perpetual trading options with up to 50x leverage. The AI-powered ETF trading tools of the platform are other features that are set to help users trade with adequate market knowledge. The tools are set to be configurable to ensure they can be personalized for trading purposes.
Even though the platform has garnered massive hype among traders, its native token seems to be drawing more attention. For instance, nearly $4 million has been raised in token sales in the ongoing presale. Some reasons for this huge buying pressure are the perks of the ETFSwap (ETFS) token. Token holders enjoy passive earning opportunities, including up to 36% profit from the staking pool, up to 87% on APR yield, and airdrop rewards. Holding the token gives voting rights to investors as they get to have a say in how the ETFSwap (ETFS) ecosystem develops.
With the hype and investment inflow recorded, the ETFSwap (ETFS) platform and its token are already established instead of preparing to debut in the crypto market.
Litecoin (LTC) and Chainlink (LINK) Fail To Spark Investors Interest
Litecoin (LTC) and Chainlink (LINK) have failed to spark investors interest, and both continue to fluctuate with no bullish momentum in sight. In the last seven days, the market chart from Coinmarketcap shows that Litecoin (LTC) and Chainlink have been unstable. In fact, Litecoin (LTC) has been bearish, slowly recovering from the dip it took from $68 to $60. Chainlink (LINK), although not strongly bearish, has been trading around the $10 price level.
Looking at price performance and indicators such as RSI and SMA, Chainlink is set to decline by 16%. Its RSI of 47.01, 50-day SMA at $11.42, and 6.25% price volatility in the last 30 days indicate a possible decline by October. Litecoin (LTC) is currently on a bearish trend and seeking to reclaim its spot above the $65 price level. Currently trading slightly above $60, Litecoin (LTC) has recorded 17/30 green days with a 2.9% price volatility in the last 30 days. The current state of Litecoin (LTC) and Chainlink makes them an unlikely investment choice for investors.
Conclusion
The bearish condition of Litecoin (LTC) and Chainlink puts them behind ETFSwap (ETFS), which has an ongoing bullish presale. With ETFSwap (ETFS) set to launch on major crypto exchanges, the bullish momentum is expected to linger, driving its launch price over $10. Buy ETFSwap (ETFS) for just $0.03846 to enjoy up to 300% profit as the presale ends soon.
For more information about the ETFS Presale:
Text source: TronWeekly
