Avalanche (AVAX) is often regarded as the fastest blockchain in the industry, and Near Protocol (NEAR) is a platform that focuses on creating user-friendly decentralized apps. Both platforms had, in the past, provided a high return on investment for investors who got in early. However, many in the crypto industry are currently shifting towards ETFswap (ETFS), a blockchain project that has gained a lot of traction due to its successful private sales and landmark presales.
Near Protocol (NEAR) Drops By over 6% As Bitcoin (BTC) Halving Approaches
As the Bitcoin halving event draws closer, Near protocol (NEAR) has declined by 26.25% over the past week, dropping to the $5.42 mark, despite the rebound in market prices over the last few weeks. Near protocol (NEAR), which is a proof of stake blockchain launched in 2020 and is sometimes referred to as an Ethereum killer. The platform boasts of a sharding technique, which makes it very scalable, processing quicker and cheaper transactions.
The crypto community anticipates the halving event scheduled for April 19 as a market-wide bull run marks such events. Therefore, investors are optimistic that the NEAR token will surge in price like all cryptocurrencies in the crypto industry with the upcoming bullish trend.
To show the possibilities, Near protocol (NEAR) was trading around the $3 mark in early February before surging to the $9 level in the middle of March, undoubtedly fueled by Bitcoin (BTC) setting a new all-time high.
Avalanche (AVAX) Predicted To Reach $60 By April 16
Crypto price prediction experts Coincodex have speculated that Avalanche (AVAX) can potentially rise to $60.07 by April 16, 2024, about one day from now. However, the token has increased by 4.02% in the past 24 hours, trading at $37.01 according to data by CoinMarketCap, meaning for it to reach the proposed mark, it will have to surge by over 70%.
This could be like a long shot, as the token has experienced an over 33.35% decrease in the last 30 days. However, Coincodex also pointed out that Avalanche (AVAX) has been bullish within the previous three months, rising by over 25%. Also, the price expert is optimistic about Avalanche’s (AVAX) long-term potential, indicating that the token rose by over 91.92% as its 1-year change. Avalanche’s (AVAX) current price is a 67% drop from its all-time high of $144 in November 2021.
Coincodex’s analysis also stated that Avalanche’s (AVAX) current cycle high is over $65, and its cycle low is about $8. Therefore, while Coincodex made this prediction according to well-backed research of the token’s price movement and past price data, it is vital to note asset volatility always.
As volatile assets, cryptocurrency prices can suddenly increase or decrease, making it hard or near impossible for anyone to say what the cost of a cryptocurrency will be at a particular time.
ETFSwap (ETFS) Attracts Investor Confidence With A Massive Sale Of Over 15 Million Tokens
ETFswap (ETFS) is a blockchain project that aims to bridge the gap between decentralized and traditional finance through tokenizing exchange-traded funds (ETFs). ETFs consist of a wide range of assets across multiple industries. Therefore, by bringing exchange-traded funds on-chain, ETFswap ($ETFS) opens avenues for traders of all portfolio sizes to diversify their portfolios by investing in numerous asset classes like precious metals, commodities, and real estate.
ETFS, the platform’s native token, holds the key to access these tokenized ETFs, and currently, investors are trooping in to get a share of this token in the ongoing stage 1 presale round. During this round, ETFswap (ETFS) offers the token at a low price of $0.00854 per coin. All who participate in this round will make a profit when stage 2 starts at a higher cost of $0.01831.
At the moment, fear of missing out (FOMO) is propelling investors to interact more with this ecosystem, leading to a massive sale of over 18.5 million tokens. Therefore, stage 1 is the best time to buy in and join this ecosystem to help investors diversify their portfolios and make massive yields.
For more information about the ETFS Presale:
