In September, veteran analyst PlanB predicted that the Bitcoin price could reach $1 million, which looked very ambitious then. However, the roadmap he outlined for the Bitcoin price to achieve this target is coming true, which suggests that it could indeed happen. If so, this is bullish for utility coins like ETFSwap (ETFS).

The Bitcoin Price Roadmap To $1,000,000 Is Happening

PlanB’s Bitcoin price roadmap to $1 million is coming true, as some of the things he stated in his September X post have already happened. Back then, he outlined a scenario where the Bitcoin price records a pump in October and rallies to $70,000, which occurred. He then stated that a Donald Trump win this month would cause the Bitcoin price to rally to $100,000.

The Bitcoin price rally to $100,000 is already happening, as BTC has continued to hit new highs since Donald Trump won. The veteran analyst further stated that the Bitcoin price will reach $150,000 by sometime in December, thanks to massive ETF inflows. The analyst also listed other factors, like the US building a strategic BTC reserve, as what will eventually spark the Bitcoin price rally to $1 million.

ETFSwap (ETFS) Will Rally Alongside The Bitcoin Price

The ETFSwap (ETFS) token is also expected to rally alongside the Bitcoin price as it rallies to $1 million. ETFS’ utility makes it one of the top altcoins that will likely gain much attention as more investors come into the crypto space, thanks to the Bitcoin price rally. ETFS will even draw attention from both the traditional finance (TradFi) world and decentralized finance (DeFi) worlds since ETFSwap will offer both tokenized exchange-traded funds (ETFs) and crypto assets.

Investors looking to invest in these assets will need the ETFSwap (ETFS) token, which they will swap for their desired ETF or crypto. Thanks to the token, portfolio diversification will be made easier since investors will be able to invest in both asset classes in the same place. ETFS utility will also gain the attention of those who have been looking for an easier and more convenient way to trade these ETFs.

The ETFSwap (ETFS) token also allows these investors to maximize their ETF investments. For instance, the token provides access to the ETFSwap platform’s staking feature, which enables investors to stake their tokenized ETFs and earn up to 85% annual percentage yield (APY).

These investors will also be able to trade ETF perpetuals on the ETFSwap platform. They can short or long these ETFs using up to 50x margin on their initial capital. This is an excellent way for investors to hedge against their investment in the underlying ETFs.

The ETFSwap (ETFS) token provides access to other money-making opportunities on the DeFi platform. For example, token holders get first access to exclusive investment opportunities like the platform’s ETF, which is launching next year. They can also provide liquidity using the crypto token and earn up to 30% of the fees from token swaps.

ETFSwap (ETFS) holders also possess governance rights and can participate in decision-making on the ETFSwap platform. This will enable investors to influence decisions that can positively impact their investment goals.

Investors will have access to these exciting opportunities once the ETFSwap (ETFS) beta platform goes live. The beta platform has already gone live on the Ethereum testnet and should launch on the mainnet anytime from now.

Conclusion

The ETFSwap (ETFS) beta platform launch is strategic as it paves the way for the ETFS token to rally as soon as it is listed on exchanges. The Bitcoin price is currently hitting new highs, which is bullish for the ETFS token as it gets listed. As such, investors who have yet to buy ETFSwap (ETFS) in its ongoing presale should hurry and do so to benefit from the potential rally from the token’s current price of $0.05769. 

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This is a sponsored article. Opinions expressed are solely those of the sponsor and readers should conduct their own due diligence before taking any action based on information presented in this article.