A recent Machine Learning algorithm prediction for Ripple (XRP) and Dogecoin (DOGE) through August 2024 has rattled crypto investors, forecasting potential volatility and bearish trends for both coins. Amid these concerning projections by the machine learning algorithm, savvy investors are pivoting to ETFSwap (ETFS), a crypto ETF trading platform offering a bullish alternative.
According to Coincodex's Machine Learning Algorithm predictions, XRP's price will reach $0.519468 on August 8, 2024, showing virtually no growth from its current $0.519031 price.
The forecast becomes more volatile for Ripple (XRP) as the month progresses, with its price expected to reach $0.615651 by August 14, 2024, and $0.65835 by August 19, 2024, a potential 26.73% increase over the month.
Despite these short-term gains, the machine learning algorithm’s overall sentiment for Ripple (XRP) remains bearish. Its long-term forecasts suggest a possible drop to $0.32626 in 2025.
Similarly, Dogecoin's forecast also indicates a bearish trend. The Coincodex machine learning algorithm projects a steady decline for Dogecoin (DOGE) from its current price of $0.099558 to $0.086122 by August 19, 2024 if it reaches the upper price target.
ETFSwap (ETFS) is a decentralized platform that allows users to trade and invest in tokenized cryptocurrency ETFs. This new market entrant is successfully bridging the gap between traditional finance and DeFi, as all its tokenized ETFs are backed by MiCa-compliant investment banks.
With Ripple (XRP) and Dogecoin (DOGE) facing a possible bearish trend in the coming months, ETFSwap’s utilities and massive earning potential have been driving investors to its presale.
As the upcoming Solana and Ripple ETFs are expected to drive more institutional interest towards cryptocurrency ETFs, analysts have recently predicted a potential 108x growth for ETFSwap's native tokens, ETFS.
Moreover, considering the platform's features, its plan to dominate the crypto ETF market with its ETF launch in 2025, and its incredible presale performance so far, other analysts are even more bullish on the token. According to them, this Ripple (XRP) and Dogecoin (DOGE) alternative could be the next 10,000x investment.
One of ETFSwap’s popular features is its AI-powered ETF Screener and Tracker. This tool analyzes the market trends, sentiments, and historical data, transforming them into reliable insights that help investors identify profitable investment opportunities at the best entry points.
Additionally, ETFSwap (ETFS) traders can take advantage of the platform’s leverage feature to amplify their potential profits by up to 10x on all trades and 50x on perpetual and futures options. They can also easily adjust their positions and refine strategies using the platform’s customizable trading strategy feature.
The platform’s ETFS token, currently selling at a discounted rate of $0.0183 in its ongoing presale, also comes with exclusive benefits for its holders. The token holders are set to enjoy discounted trading fees, staking rewards, exclusive investment opportunities, and early access to new ETF listings before the market catches on.
As part of their rewards, they can generate a passive income stream from earning up to 87% APR yield from the platform’s reward pool when they stake their tokens. Early investors who purchase the tokens now at the current discounted rate are also set to earn a 100% ROI when the price rises to $0.03846 in a few days.
Getting started with trading on ETFSwap (ETFS) is seamless. The platform offers the best user-friendly experience with permissionless trading functionality, so investors take only a few minutes to open an account and commence trading.
This ease of access does not undermine security as ETFSwap (ETFS) has proven its robust security infrastructure by getting KYC verified by SolidProof and having its smart contracts audited and certified by Cyberscope.
As Ripple (XRP) and Dogecoin (DOGE) face bearish predictions from the machine learning algorithm, now is the best time to join savvy investors and smart money on the bullish alternative, ETFSwap (ETFS). With a 10,000x potential, an upcoming beta launch in less than 30 days, and plans to launch its ETF in 2025, this platform is poised to lead the crypto ETF revolution.
For more information about the ETFS Presale:
Join our WhatsApp Channel to get the latest news, exclusives and videos on WhatsApp
_____________
Disclaimer: Analytics Insight does not provide financial advice or guidance. Also note that the cryptocurrencies mentioned/listed on the website could potentially be scams, i.e. designed to induce you to invest financial resources that may be lost forever and not be recoverable once investments are made. You are responsible for conducting your own research (DYOR) before making any investments. Read more here.