Dogecoin

Rally

Token

Parabolic

The analyst who predicted Dogecoin (DOGE) surge in 2021 to its all-time high of $0.73 is back again with another bullish projection for <a href="https://etfswap.io/">ETFSwap (ETFS)</a>, speculating a $3 all-time high as we approach the next bull run. Let’s see the reasons for these bullish projections on the analyst part and what happened to Dogecoin (DOGE) in 2021.&nbsp; 
<h2 id="span-style-font-weight-400-analyst-predicts-dogecoin-s-spectacular-price-surge-in-2021-span">Analyst Predicts Dogecoin’s Spectacular Price Surge In 2021</h2> 
Dogecoin (DOGE), a dog-themed meme coin launched in 2013 as a joke payment, experienced a significant price surge in 2021 when everyone least expected it. An analyst had earlier predicted the explosion in price, and support from <a href="https://twitter.com/elonmusk/status/1357231313376456708?t=Trgr2Hio2jIfSE0Z_WZIYg&amp;s=19">Tesla CEO Elon Musk</a> was part of the factors that assisted the price increase.&nbsp; 
Musk’s tweet about the meme coin in February 2021 increased its value by 50%, and in May 2021, it surged to its all-time high of $0.73. Aside from Musk’s support, Dogecoin (DOGE) no doubt benefited from the meme coin rally of 2021, when meme coins became a highly sought-after investment, garnering much traction in the crypto industry. 
However, after hitting its all-time high, Dogecoin (DOGE) shed 45% of its value in 2022 during the severe bearish trend that gripped the market and plunged the price of assets to significant lows. While Dogecoin (DOGE) is yet to retest its all-time high, the meme coin enjoyed widespread adoption all through 2021-2022, and more recently, it was officially <a href="https://www.tesla.com/support/dogecoin">integrated</a> into US-based EV maker Tesla as a payment option on their website. 
Further, there are speculations that it would be officially used as a payment method on X’s (formerly Twitter) social media platform following news that X would begin to charge new users to access its services. The market hints at a renewed meme coin rally, with Dogecoin (DOGE) preparing to smash through the $0.17 resistance. However, it currently trades at $0.15 and ranks 9th in the crypto market, according to <a href="https://coinmarketcap.com/currencies/dogecoin/">Coinmarketcap</a>.&nbsp; 
<a href="https://etfswap.io/?utm_source=thecoinrise&amp;utm_medium=pr&amp;utm_campaign=0523" target="_blank" rel="noopener"><img decoding="async" class="size-full wp-image-99568 aligncenter" src="https://thecoinrise.com/wp-content/uploads/2024/05/ETFSwap.png" alt="" width="797" height="122" srcset="https://thecoinrise.com/wp-content/uploads/2024/05/ETFSwap.png 797w, https://thecoinrise.com/wp-content/uploads/2024/05/ETFSwap-300x46.png 300w, https://thecoinrise.com/wp-content/uploads/2024/05/ETFSwap-768x118.png 768w" sizes="(max-width: 797px) 100vw, 797px"></a> 
<h2 id="span-style-font-weight-400-etfswap-etfs-is-investors-best-bet-for-the-next-bull-run-span">ETFswap (ETFS) Is Investors’ Best Bet For The Next Bull Run</h2> 
<a href="https://etfswap.io/?utm_source=thecoinrise&amp;utm_medium=pr&amp;utm_campaign=0523">ETFswap (ETFS) </a>is a blockchain platform that aims to tokenize exchange-traded funds (ETFs), making them accessible to everyone for trading. The tokenized ETFs will be available for trading on a decentralized marketplace designed to accommodate both newbies and experts. 
However, to gain access to trade the tokenized ETFs, users must hold a portion of ETFS, the platform’s native token. Compared to traditional ETFs on financial institutions, which are pegged to the platform holdings and can only be converted to fiat, tokenized ETFs will be easily convertible to crypto assets with the help of ETFS. Also, holding the token has other perks like governance, enabling all holders to participate in making decisions on the network through voting.&nbsp; 
ETFswap (ETFS), as a DeFi platform, will feature decentralized finance functionalities like staking, enabling all interested parties to earn passive income by staking their ETFS or other crypto assets in the platform staking pool. Traders can also increase their earnings with up to 10x leverage offered on the platform. Currently, the only way to buy ETFS is to participate in the platform presale event, where the token is offered at <a href="https://etfswap.io/?utm_source=thecoinrise&amp;utm_medium=pr&amp;utm_campaign=0523">$0.00854 per coin </a>in stage 1.&nbsp; 
By stage 2, its price will increase to $0.01831, underscoring yet another unique earning point on ETFswap (ETFS), as all stage 1 participants will make an automatic profit. These unique features and earning opportunities are why the Dogecoin (DOGE) analyst is optimistic that the token will surge to $3 despite currently being under $0.1. 
Further, the analyst was undoubtedly impressed by ETFswap’s (ETFS) massive followership, with over <a href="https://etfswap.io/?utm_source=thecoinrise&amp;utm_medium=pr&amp;utm_campaign=0523">65 million tokens</a> sold already in stage 1. So, according to the analyst, now is the time for any investor to dive into the ETFswap (ETFS) ecosystem by snatching the token at its formative stages to increase your yield on investment by over 200x.&nbsp; 
For more information about the ETFS Presale: 
<a href="https://etfswap.io/?utm_source=thecoinrise&amp;utm_medium=pr&amp;utm_campaign=0523">Visit ETFSwap Presale</a> 
<a href="https://linktr.ee/etfswap">Join The ETFSwap Community</a> 
The post <a href="https://thecoinrise.com/analyst-who-predicted-dogecoin-36000-rally-in-2021-calls-a-parabolic-rally-for-this-new-ethereum-token-trading-under-0-1/">Analyst Who Predicted Dogecoin 36,000% Rally In 2021 Calls A Parabolic Rally For This New Ethereum Token Trading Under $0.1</a> appeared first on <a href="https://thecoinrise.com">Latest News and Insights on Blockchain, Cryptocurrency, and Investing</a>.

Analyst Who Predicted Dogecoin 36,000% Rally In 2021 Calls A Parabolic Rally For This New Ethereum Token Trading Under $0.1

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