Altcoins
Top altcoins under $1 for June: ETFswap, Cardano and Dogecoin
Disclosure: This article does not constitute investment advice. The contents and materials on this page are for educational purposes only.
As the next bull run approaches, timing is crucial for investors keeping an eye on altcoins like ETFswap, Cardano and Dogecoin, which are currently valued below $1 but have growth potential.
Timing is a very important factor for investors in the cryptocurrency space, and even more so as we approach the next bull run, where altcoins in the cryptocurrency market have the potential to significantly increase in price.
However, buying at the right time is crucial for investors who want to make huge profits from their investments. Therefore, we have chosen three altcoins: ETFswap (ETFS), Cardano (ADA) and Dogecoin (DOGE). These altcoins are currently valued at less than $1, but have the potential to skyrocket during the next bull run.
ETFSwap leads the cryptocurrency bull run
ETF Exchange (ETFS) is an Ethereum-based crypto platform that leverages blockchain technology and asset tokenization to tokenize Exchange Traded Funds (ETFs) set to dominate the cryptocurrency bull run. By tokenizing ETFs, the platform allows members of the crypto community to invest in all types of ETFs, including cryptocurrency ETFs, leveraged ETFs, fixed income ETFs and commodity ETFs, at a low cost.
Compared to traditional ETFs, tokenized ETFs will be convertible into crypto assets and traded on a web3 marketplace that features real-time blockchain data, allowing users to track the progress of their favorite asset before investing.
To access the trading platform, users will need to purchase the platform’s native token, ETFS, as it will serve as the key to unlock all of the network’s features. However, holding the token offers other benefits, such as access to exclusive investment opportunities and also an 87% annual percentage rate on staking.
Furthermore, being a defi platform, new users can register and start trading in minutes as ETFswap (ETFS) will not require Know Your Customer registration, which is mandatory in centralized institutions. Furthermore, trading on ETFswap (ETFS) will not be limited to a specific time frame, as is the case with financial institutions with limited trading hours.
Cardano is the best choice for running the bulls
Cardano (ADA) is an open source peer-to-peer blockchain praised for its speed, scalability, efficiency, and developer-friendly ecosystem, designed to enable builders to create innovative web3 dApps. Cardano (ADA) uses a Proof of Stake protocol known as Ouroboros, one of the first successful blockchain protocols based on peer-reviewed research. Cardano (ADA) serves the purpose of governance and is instrumental in facilitating peer-to-peer blockchain transactions on the network.
Recently, experts have speculated that Cardano (ADA) is poised to rise to $0.49, based on their predictions on key metrics that place it among the altcoins seeing momentum in the bull run. However, Cardano (ADA) is currently trading at $0.43, ranking 11th in the cryptocurrency market according to Coingecko.
Dogecoin: Are Memecoins Still the Best Altcoins?
Dogecoin is a meme coin that began as a joke payment but has become one of the most formidable altcoins by developing intrinsic value. The meme coin was able to do this by expanding its ecosystem into the defi sector and developing several Dapps such as Dogechain, a layer 2 scaling protocol, and a noon web3 custody wallet.
Dogecoin has also gained further recognition and adoption in the blockchain industry which has led to the bull run. In March 2024, Coinbase Derivatives, an arm of the US exchange Coinbase, announced the launch of a Dogecoin futures product.
Additionally, Dogecoin has gained support from Tesla CEO Elon Musk, who recently integrated memecoin into his website as a supported payment option. According to Coingecko, Dogecoin (DOGE) is currently ranked 9th in the cryptocurrency market and is trading at $0.14.
Conclusion
ETFswap (ETFS) is currently offering its native token at $0.01831 per coin in Phase 2 pre-sale. Like Cardano (ADA) and Dogecoin (DOGE), its price is also below $1, but has upside potential in a short time higher than other altcoins as its phase 3 is expected to start at a higher price of $0.03846.
Furthermore, experts assume an increase to $3 for ETFS after its launch and listing on the stock exchange. Currently, ETFswap (ETFS) is working to launch a beta version of its platform in the next 30 days, increasing investors’ chances of making huge profits on their investments.
To know more, visit the ETFSwap presale AND join the ETFSwap community
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