Crypto investors looking for potentially profitable buys to replace the declining Chainlink (LINK) and Polygon (MATIC) may find ETFSwap ($ETFS) highly rewarding, as it looks poised for unprecedented market success beyond presale.
ETFSwap ($ETFS) is enjoying mass attention and adoption due to its positive momentum since it was announced. Backed by a unique utility that makes it desirable to top market traders, crypto analysts believe it will be the next big thing.
Chainlink (LINK) Trades Farther From $20 After Initial $22+ Year-high
Chainlink (LINK) has lost the momentum that saw it trade briefly around $22.83 in March. The crypto coin fell below its nearest support at $17 afterwards but was able to end the month around $18.
Over the past month, Chainlink’s (LINK) run has been in the red zone, experiencing over 12% loss. The new month has failed to bring an uptick in momentum for Chainlink (LINK), with its seven-day rally yielding over 7% loss at the time of writing.
Chainlink (LINK) traded at $17.40 on April 5, after a 4% intraday decline took it below $18. While the altcoin is looking to retest the nearest resistance at $20 soon, it must beat the strong rejection around $18 before it can do so.
Chainlink (LINK) currently ranks as the 16th-largest cryptocurrency with a $10,258,108,806 market cap. From here, an impressive recovery run could see Chainlink (LINK) vie for a position in the top 10, but that looks unlikely at the moment as ETFSwap ($ETFS) shows more promise.
Polygon (MATIC) Slips Away From $1 After Over 10% Decline
Current data on CoinGecko reveals that Polygon (MATIC) is down by 18% over the past month, pushing it slightly below its nearest support at $0.90. Polygon (MATIC) rallied beyond $1 in March, peaking at $1.29, its best price in over a year.
However, the crypto coin failed to maintain its uptrend, losing control to the bears. The bears’ hold on Polygon (MATIC) is also getting increasingly stronger, with the altcoin continuing to fall since mid-March.
Polygon (MATIC) exchanged hands at $0.88 at press time, with a declining 24-hour trading volume of $256,006,374 and a reduced market cap valued at $8,775,395,645.
With its market cap, it currently ranks as the 17th-largest cryptocurrency, but may further go downward as bears are in complete control.
Analysts believe Polygon’s (MATIC) present price could be profitable for risk-taking investors. However, market trend indicators suggest ETFSwap ($ETFS) is poised to be a more rewarding investment.
ETFSwap ($ETFS): Gateway to Permissionless ETF Trading
ETFSwap ($ETFS) is bringing an unprecedented revolution to ETF trading. The innovative platform aims to make ETF trading open and accessible to everyone via ETF tokenization. It will leverage blockchain technology to achieve this feat, providing every market participant an opportunity to earn from trading ETFs no matter the time or day of the week.
The trading platform has no KYC requirements, eliminating interference from regulated authorities. This makes it an ideal option for small and medium-scale investors who want to invest in these traditional finance vehicles without having to go through an intermediary.
ETFSwap ($ETFS) will combine the principles of decentralized finance (DeFi) with the centralized finance (CEFI) paradigm of ETFs to provide users with the best of both worlds. As a result, traders will enjoy improved security, optimum transparency, high efficiency, and transaction autonomy on ETFSwap ($ETFS), making it highly desirable.
ETFSwap ($ETFS) will also allow for up to 10x leverage trading while offering users market-making and perpetual trading services. It boasts numerous other pros, causing experts to dub it a “prospective top trading protocol.”
Market analysts believe ETFSwap ($ETFS) has what it takes to blow up, especially as ETFs are becoming popular investment options for top investors. ETFSwap ($ETFS) looks poised for a huge success, and getting in early is crucial to benefiting from it.
For more information about the ETFS Presale:
