A crypto analyst has given a bullish price prediction for Bitcoin Cash (BCH), Toncoin (TON), and ETFSwap (ETFS), stating that they will hit $1,000, $20, and $5, respectively. Some other crypto analysts immediately agreed with the price predictions for Bitcoin Cash (BCH) and Toncoin (TON), given their performance since the start of this year.
Meanwhile, the analyst’s prediction led them to further research on ETFSwap (ETFS), with many wondering why he was so bullish on the crypto token. Having researched and discovered ETFSwap’s (ETFS) utility, they concur that it could rise to $5 and even exceed expectations by hitting $10.
Bitcoin Cash (bch) Hitting $1,000 Is Possible
Currently trading at around $473, Bitcoin Cash (BCH) hitting $1,000 looks more than possible, especially considering that it has an all-time high (ATH) of $3,785. This ATH was achieved in December 2017, which suggests that the crypto token is well overdue for a parabolic surge.
Moreover, it didn’t make any significant run in the 2021 bull market, which means it has had an extended period of consolidation and now looks primed to make that move. It is worth noting that Bitcoin Cash (BCH) already showed it has enough bullish momentum to make that run, having risen to almost $700 on April 7, three days after its halving took place.
One major issue Bitcoin Cash suffered before now was its low adoption rate. However, that looks to be well in the past as crypto investors have realized that the crypto token is a well-suited alternative to Bitcoin (BTC).
Bitcoin Cash’s (BCH) rising adoption rate explains why the foremost US crypto exchange, Coinbase, decided to launch Bitcoin Cash (BCH) futures contracts for its institutional clients.
This increased adoption rate could play a major role in Bitcoin Cash (BCH) hitting new highs on its way to $1,000.
Toncoin (TON) Has The Crypto Community’s Attention
Toncoin (TON) has become the new darling of the crypto community, and it isn’t surprising considering the impressive run it already made this year. The crypto token, currently trading at $5.40, is one of the best-performing crypto assets this year, with a year-to-date (YTD) gain of over 130%.
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Toncoin’s (TON) fundamentals continue to paint a bullish outlook for the crypto token and suggest that a run to $20 can indeed be attained. Specifically, Toncoin’s (TON) team has continued to develop initiatives that can increase Toncoin’s (TON adoption.
Recently, it was announced that the TON Foundation will airdrop 105,600 TON tokens to the most active NFT traders and holders on Getgems and xRare, two prominent NFT marketplaces on the TON network. Traders and holders of the TonDiamonds NFT collection will also receive some of the airdropped tokens.
New money is also flowing into Toncoin (TON) through crypto traders and investors just entering the ecosystem in search of opportunities that can give them life-changing returns. This could positively impact Toncoin’s (TON) price, especially if this adoption rate is sustained.
Crypto Analyst Says ETFSwap (ETFS) Is An Undervalued Gem
ETFSwap (ETFS) is undoubtedly an undervalued gem, given that it is projected to rise to $5. The crypto token is currently selling at $0.00854, which means it could see a price gain of over 58,000% as it rises to $5. This explains why crypto investors are choosing to focus on the ETFSwap (ETFS) presale rather than invest in more established coins like Bitcoin Cash (BCH) and Toncoin (TON).
As part of his analysis, the crypto analyst explained that ETFSwap (ETFS) could attain such unprecedented heights based on the fact that Real World Assets (RWA) are among the hottest narratives in the crypto space at the moment. ETFS is the native token of ETFSwap, a platform that will bring exchange-traded funds (ETFs) on-chain.
Given the hype around ETFs, many users are expected to flock to the ETFSwap (ETFS) platform once it launches. However, they will need to hold a certain amount of the ETFSwap (ETFS) token before they can access the platform’s offerings. This is another reason crypto investors are aggressively accumulating crypto tokens ahead of that time.
So far, over 30 million ETFSwap (ETFS) tokens have been sold in the ongoing stage 1 of the token presale, as no one wants to miss out on a potential 581x return on their investment. The tokens are selling out fast, and stage 1 is expected to end ahead of schedule, so anyone yet to invest has to act fast.
For more information about the ETFS Presale:
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