In this report, we will talk about why ETFswap ($ETFS), Dogecoin (DOGE), and Injective (INJ) are three coins that make up the list of the top altcoins currently buzzing in the crypto market.
Dogecoin (DOGE) On The Road To $1 Ahead Of Bitcoin Halving
The crypto community expects the next Bitcoin (BTC) halving, scheduled for April 20, 2024. The reason for this is not far-fetched, as Bitcoin is the largest cryptocurrency in the industry. During its halving period, the price of assets in the crypto market significantly surges, and it presents a perfect opportunity to buy coins for the long term.
According to analysis by leading market expert Ali Martinez, Dogecoin (DOGE) is predicted to surge to $1.5 in April. Martinez speculated this price after Dogecoin (DOGE) recovered from a descending triangle pattern. Also, the analysts have studied the historical price movement, speculating that it could even break through and go higher if increased bullish action helps it to break through the $1.5 level. However, Dogecoin (DOGE) trades at the $0.2 mark after recovering from the strong market correction that plunged Bitcoin (BTC) below the $66,000 level.
Also, the dog-themed meme coin ranks 8th in the crypto market. Further, according to data by IntoTheBlock, a blockchain analytic firm, there was a 20% surge in Dogecoin (DOGE) daily transactions ranging from 100,000 to 1 million in the past seven days. This optimistic price prediction, therefore, makes Dogecoin (DOGE) ripe for those who want to boost their portfolios.
Injective (INJ) Protocol Takes DeFi By Storm With Unique Order-Book
Injective protocol (INJ) is a DeFi protocol built on the Ethereum (ETH) network, encompassing decentralized applications like spot and derivatives exchanges, lending protocols, and prediction markets. Something unique about injective (INJ) is its decentralized Order-Book model, impervious to machine error.
INJ, the Injective protocol native token, serves the purpose of governance, allowing all who hold it to participate in the decision regarding the growth of this platform. Currently, the token trades at $35, an increase from its price value of the past week, which saw the token plunge by 16%. Also, the downtrend in market price affected the whole crypto market, with Bitcoin ($BTC) dropping below $66,000, which no doubt played a hand in the price decrease.
However, despite the price drop, Injective (INJ) continued to see an increase in network activity. Also, the whales went into action, purchasing 740,000 INJ worth $24.8 million in just 24 hours. Therefore, an increased whale activity could help the token break through its current $35 resistance level and reach its all-time $52.62.
ETFSwap ($ETFS) Poised To Give Holders 1000x Profit With Private Sale Success
ETFswap ($ETFS) is a decentralized platform that intends to bridge the gap between traditional and decentralized finance by tokenizing exchange-traded funds (ETFs). The tokenized ETFs will be available to traders on a comprehensive marketplace designed to accommodate experts and newbies. Also, traders can amplify their portfolio with fractional ownership and boost their profits with up to 10x leverage.
The ETFswap ($ETFS) ecosystem will also feature staking, allowing token holders to earn passive income and exceptional swapping services. $ETFS, the platform’s native token, was sold in a recently concluded private sale, with the network raising $750,000 from three angel investors and two institutional investors.
The end of the private sale was followed by the stage 1 presale event, where the platform offers the token at $0.00854 for early holders. All users participating in this stage will earn automatic profit as stage 2 will be sold at $0.01831. In addition, experts expect $ETFS to rise by 10,000% to the $1 mark soon.
As the halving approaches, savvy adherents are already rushing to get $ETFS, with over 5 million tokens sold in anticipation of an explosive bull market.
For more information about the ETFS Presale:
Disclaimer: This is a sponsored article, and views in it do not represent those of, nor should they be attributed to, ZyCrypto. Readers should conduct independent research before taking any actions related to the company, product, or project mentioned in this piece; nor can this article be regarded as investment advice. Please be aware that trading cryptocurrencies involve substantial risk as the volatility of the crypto market can lead to significant losses.
