Onchain Metrics Show That Chainlink Is Set To Decline, Buy This RWA Token Instead

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By Press Release 5 Min Read
Onchain Metrics Show That Chainlink Is Set To Decline, Buy This RWA Token Instead

Real World Asset (RWA) has been projected to be one of the leading narratives in this bull run. In line with this, investors have been looking to position themselves in RWA tokens like Chainlink (LINK) and ETFSwap (ETFS). Onchain metrics show that Chainlink’s outlook is bearish, which is why investors are better off focusing on the ETFS token, which is set to enjoy massive gains in this market cycle. 

Data from the on-chain analytics platform Santiment shows that Chainlink’s (LINK) price is set to decline due to low network activity. This is based on the Price Daily Active Addresses (DAA) divergence, which currently stands at -56.35%. This negative metric means that Chainlink isn’t experiencing network activity, which could provide enough bullish momentum for the RWA token. 

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As such, the low network activity indicates that Chainlink (LINK) will suffer a price correction soon enough as there is no strong underlying demand for the RWA token at the moment. With such a bearish outlook, Chainlink is at risk of dropping below the crucial support level at $10, a breakdown that would undoubtedly spark a wave of sell-offs of the RWA token. 

ETFSwap (ETFS) Is Witnessing Impressive Demand Following 20,000% Price Prediction

ETFSwap (ETFS) is witnessing impressive demand following predictions that the RWA token will enjoy a 20,000% price gain in this bull run. Analysts are confident that ETFS can reach as high as $7 from its current price of $0.03846 in its ongoing presale. This bullish prediction stems from how much demand the RWA token has already been witnessing before now in its ongoing presale. 

Almost 200 million ETFSwap (ETFS) tokens have been sold as investors look to access the exciting offerings in the ETFSwap ecosystem as soon as its beta platform launches. The decentralized investment platform tokenizes RWAs like exchange-traded funds (ETFs) and enables them to be traded on the blockchain alongside cryptocurrencies. 

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The ETFSwap (ETFS) token plays an integral role in this unique offering, as investors will be able to swap the RWA token for their desired asset. This token’s unrivaled utility is one of the reasons why analysts are confident that it can stand out as the leading RWA token in this bull run and enjoy the 20,000% price again. 

The RWA token also provides access to other investment opportunities on the trading platform, including several commodities like gold, silver, cotton, rubber, and crude oil, among others. Investors will also need the ETFS token to invest in ETFSwap’s ETF, which is set to launch in 2025. 

ETFSwap (ETFS) also provides access to exciting ETF trading opportunities on the decentralized trading platform. For instance, investors can use up to 50x leverage on each ETF trade. This leverage trading service will help perpetual futures to maximize their gains when betting on the future price of an asset. 

Meanwhile, investors and traders will be able to stake their ETFs and earn juicy returns on their staked assets. The staking feature also extends to the crypto assets on the platform. Specifically, investors can stake the platform’s native token ETFS and earn up to 87% annual percentage yield (APY). 

It is worth mentioning that investors will be able to trade these ETFs alongside cryptocurrencies as ETFSwap (ETFS) has collaborated with MiCa-compliant investment banks to offer securities and crypto trading on the platform. This forms part of the steps that the ETFSwap team, certified by SolidProof, has taken to boost investors’ confidence in the project’s potential. 

Conclusion

With ETFSwap (ETFS) set to enjoy a 20,000% price gain, investors have the opportunity to make a 200x return on their investment in the RWA token. This undoubtedly makes ETFSwap (ETFS) a better investment opportunity than Chainlink (LINK), and those looking to make maximum returns from the token need to hurry and buy as many tokens as they can before they sell out in the ongoing presale. 

For more information about the ETFS Crypto Presale:
Visit ETFSwap Presale
Join The ETFSwap Community

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