Crypto expert Ash Crypto recently released his 1-year price target for certain crypto tokens, including Injective (INJ) and Internet Computer (ICP). Following the release of these price targets, he asked his followers if there was any other crypto token he should have included in the list.
Read CRYPTONEWSLAND on
google news
ETFSwap (ETFS) was immediately mentioned, with many stating that the crypto token should also be on the list, considering that several other crypto experts have already predicted that it will record at least a 100x price increase. Interestingly, with a potential 100x price gain, ETFSwap (ETFS) is miles ahead of the crypto tokens that Ash Crypto included in his list.
Injective (INJ) Could Rise To As High As $250
Ash Crypto predicts that Injective (INJ) will rise between $180 and $250 in the next 12 to 15 months. This price target looks achievable considering that Injective (INJ) was one of the best-performing crypto assets last year, with a price gain of around 3000%. Although Injective’s (INJ) price has since cooled off, this seems to be a moment of consolidation before it makes another parabolic move to the upside.
Besides Ash Crypto, other crypto analysts have also laid out bullish narratives for Injective’s (INJ) price. One of them is Crypto Dona, who suggested that the crypto token could follow a similar trajectory to Solana’s (SOL) in 2021, when it saw a 10x increase in its price after being stuck between $20 and $40 for more than 100 days.
There are bullish developments in the Injective (INJ) ecosystem that could spark a price surge of such magnitude. Recently, the team announced a proposal to implement INJ 3.0, which it labeled the “Ultimate Injective Tokenomics Upgrade.’ This upgrade, when implemented, will make Injective (INJ) the “most deflationary asset to date.”
This upgraded deflationary mechanism can help decrease Injective’s (INJ) circulating supply more rapidly and ultimately increase the token’s value. Meanwhile, with Injective (INJ) currently trading at around $26 and well below its all-time high (ATH) of $52, there is no doubt that it is a cheap and quality token that is currently undervalued.
Internet Computer (ICP) Is Headed To $160
Internet Computer (ICP) was also included in Ash Crypto’s list, with the crypto analyst predicting it could rise between $120 and $160 in the next 12 to 15 months. Despite currently trading at around $12, these price targets could be easy for Internet Computer (ICP) to achieve, bearing in mind that its ATH is $750.
Moreover, the Internet Computer (ICP) team has been actively building. The network’s CEO and Chief Scientist, Dominic Williams, recently showcased the first Artificial Intelligence (AI) blockchain smart contract, which will soon be implemented on the Internet Computer (ICP) network.
Furthermore, Internet Computer recently implemented the Threshold-Schnorr Signatures, enabling the network’s smart contracts to become interoperable with Bitcoin’s (BTC) token protocols, including the just-about-to-launch Runes protocol. This means that Internet Computer (ICP) can easily tap into the mammoth liquidity in the Bitcoin ecosystem.
ETFSwap’s (ETFS) Price Target Is Unmatched
The price target for ETFSwap (ETFS) in this market cycle remains unmatched, as crypto experts say it could rise as Shiba Inu (SHIB) did in the last bull run. That means that ETFSwap (ETFS) could see a price gain of over 100,000%, which puts it well above the likes of Injective (INJ) and Internet Computer (ICP).
ETFSwap (ETFS) has shown that it has enough bullish momentum to make such a run. Like Shiba Inu (SHIB) back then, ETFSwap (ETFS) has launched at a strategic time when new money is set to flow into the crypto ecosystem and like move into newer and shinier projects.
ETFSwap (ETFS) is also bound to command an insane amount of liquidity, considering that the platform behind the token will attract users from the traditional finance (TradFi) and decentralized finance (DeFi) space with its on-chain trading offering.
Recent developments in the ETFSwap (ETFS) ecosystem also paint a bullish outlook for its native token. The team recently secured $750,000 from two institutional investors. This funding will be used to grow and expand the ETFSwap platform further, even before it launches. That means users can expect more exciting features, ultimately increasing the ETFSwap (ETFS) token’s utility.
ETFSwap (ETFS) looks well on its way to becoming the best-performing asset of this cycle, which is why crypto investors are trooping to invest in the token’s presale, which is currently in stage 1.
Over 20 million tokens have been sold so far, and that number is expected to keep rising rapidly. For those yet to invest, buying the token at its giveaway price of $0.00854 looks like the best bet, as it could be sold out before you know it.
For more information about the ETFS Presale:
Disclaimer: This is a sponsored press release and is for informational purposes only. It does not reflect the views of CryptoNewsLand, nor is it intended to be used for legal, tax, investment, or financial advice.
disclaimer read moreCrypto News Land (cryptonewsland.com) , also abbreviated as “CNL”, is an independent media entity — we are not affiliated with any company in the blockchain and cryptocurrency industry. We aim to provide fresh and relevant content that will help build up the crypto space since we believe in its potential to impact the world for the better. All of our news sources are credible and accurate as we know it, although we do not make any warranty as to the validity of their statements as well as their motive behind it. While we make sure to double-check the veracity of information from our sources, we do not make any assurances as to the timeliness and completeness of any information in our website as provided by our sources. Moreover, we disclaim any information on our website as investment or financial advice. We encourage all visitors to do your own research and consult with an expert in the relevant subject before making any investment or trading decision.
