Chainlink (LINK) and Near Protocol (NEAR) are among the numerous assets in the crypto market, which is currently below the $20 mark. However, recently, experts have identified ETFswap (ETFS), a platform known as the ‘Uniswap killer’, poised to surge to the $20 mark ahead of Chainlink (LINK) and Near Protocol (NEAR). This article will focus on the reason for their optimism, but first, let’s talk about Chainlink (LINK) and Near Protocol (NEAR).
Chainlink (LINK) Secures Partnership
Chainlink (LINK) launched in 2019 as a blockchain oracle network connecting real-world data to the distributed ledger system. On May 17, 2024, its native token LINK surged by 20% after the network and other US-based financial institutions partnered with the depository trust and clearing corporation (DTTC) in a Smart NAV pilot program.
Chainlink (LINK) revealed the partnership on its X (formerly Twitter) page and added that through the pilot program, its network works with numerous financial institutions to create access to the tokenization economy by bringing capital markets on-chain using its CCIP interoperability protocol.
A month ago, Chainlink (LINK) launched its Transporter app. This ingenious tool powered by CCIP will facilitate the cross-border transfer of crypto assets and data across multiple networks.
Currently, LINK trades at $16.95 and ranks 16th in the crypto market according to data from asset tracking platform Coinmarketcap.
Near Protocol (NEAR) Struggles With Major Resistance
Near protocol (NEAR) currently faces major resistance at $7.50, which experts believe could lead to a massive breakout to the coveted $10 mark or result in a spiral down in price. Near Protocol (NEAR) has failed to retest the $10 mark; despite being bullish at the beginning of 2024, its price managed to extend to $9 but couldn’t hold the level.
One of the factors for Near Protocols’s price performance could be the recent 60% drop in the network’s development activity in May 2024, according to an analysis by Santiment. Currently, Near Protocol (NEAR) trades at $8.15, according to data from Coingecko, which indicates that the bull was able to defend the resistance level.
However, the altcoin is not totally off the hook as its price could dwindle if market volatility weakens the bulls, resulting in the bears taking charge.
Uniswap Killer ETFSwap (ETFS) Charges For Parabolic Rally To $20 After Launch
ETFswap (ETFS) is a crypto ETF trading platform that earned the term Uniswap killer with its innovative idea of tokenizing exchange-traded funds (ETFs) to make them more accessible to everyone. The platform is currently hosting a presale event to introduce its token ETFS and ecosystem to crypto community members, and so far, it has recorded tremendous success.
At stage 1, the platform is offering ETFS for $0.00854 per coin, and in stage 2, its price will increase to $0.01831, creating profit for all stage 1 investors. Therefore, hundreds of savvy investors are rushing to grab a piece of this undervalued asset, resulting in the sale of over 70 million tokens. The increased user interaction is no doubt part of the reason why experts are optimistic that the token will surge to $20.
Further, ETFswap (ETFS) intends to partner with other titans in the DeFi sector to advance the growth of decentralized finance. The experts are also confident that the partnerships will increase its adoption in the blockchain industry, thereby assisting its predicted surge to $20. In addition, when ETFS increases to $20, all early investors will have significantly expanded their return on investment (ROI) by 2000x.
Also, the ETFS token will be key to accessing the features of the ETFswap (ETFS) ecosystem, which includes trading tokenized ETFs, leverage trading, fractional ownership, and gaining staking rewards. So buy ETFS today to fully benefit from the ETFswap (ETFS) ecosystem and gain a 2000x yield on your investments.
Its unique features are why experts believe that ETFSwap (ETFS) is set to take over the DeFi trading space, earning it the nickname of ‘Uniswap killer’, as it trumps the leading decentralized exchange in terms of volume.
For more information about the ETFS Presale: