Binance Coin (BNB) whales are waiting to confirm the price retracement of Binance Coin (BNB) as the BNB token is consolidating around the $560 price range. Price action analysts are set to send out buy signals for Binance Coin (BNB) whales to rally the market once a successful retest of the $599 weekly high occurs. More so, speculation of a BNB ETF is gaining traction, and this will further impact the surging market rally of ETFSwap (ETFS) — prompting BNB whales to buy $100,000 clips of the ETFS token.
Binance Coin (BNB) Rallying To Break Above Its $599 Weekly Peak
In the past week, Binance Coin (BNB) broke out above its descending trendline to hit the $600 price mark. Consequently, Binance Coin (BNB) whales have started pumping liquidity into the BNB token to support this price level, allowing BNB to resume its price uptrend. Major DeFi ecosystem analysts have attributed the BNB token price rally to the growing demand for a Binance Coin (BNB) ETF and the recent adoption surge of the Binance marketplace.
Binance Coin (BNB) has emerged among the top gainers of the past week as BNB whales bought massively to push the price from a monthly low of $413. With Spot Ethereum ETFs approved, Binance Coin (BNB) whales and major smart contract stakeholders are pushing for the establishment of a BNB ETF from major market makers like Grayscale, VanEck, and Fidelity, among others. With 21Shares tracking the Binance Coin (BNB) index, expectations are that other major ETNs will follow suit.
Also, meme-based lauchpools are the market trend as the Binance marketplace is influencing such yield farming which is based on predetermined Annual Percentage Yield (APY) systems. Consequently, the Binance marketplace is expected to only expand to accommodate more DeFi projects. The BNB whale rally, alongside the Binance Launchpool rave, and a potential BNB ETF approval are tipped to rally the BNB token past $1000 in this incoming market upturn.
3 Reasons BNB Whales Are Buying $100,000 Clips Of ETFSwap (ETFS)
First, Binance Coin (BNB) whales predict ETFSwap (ETFS) to rally high like the BNB token, as major DeFi market analysts say it will benefit from the BNB ETF speculations. Consequently, BNB whales are buying $100,000 clips of the ETFS token as the ETFSwap (ETFS) team — all duly certified by SolidProof KYC is making progressive plans to leverage the potential BNB ETF launch to launch its own ETF in 2025.
Second, ETFSwap (ETFS) is a stellar Web3 ecosystem itself, and it is offering groundbreaking DeFi solutions to fuse the traditional and decentralized finance worlds into a hybrid ecosystem of institutional finance instruments. ETFSwap (ETFS) has made the most lucrative real-world assets available on-chain to maximize the profitability of crypto traders — they now have permissionless access to both commodity ETFs and high-liquid crypto ETFs. At leverages up to 100X, users get access to trade and swap various ETF assets across multiple markets, while holding the ETFS token for an 87% APR yield.
Lastly, the profitability of the ETFSwap (ETFS) ecosystem is no doubt as it is introducing new asset classes while diversifying underlying financial assets. The presale has already sold out close to 1.5 billion tokens while also raising close to $4 million. With the launch on major exchanges expected in the coming market cycles, price action experts have tipped the ETFS token to hit $100 in a 546,000% surge. You can join BNB whales by buying the floor price of $0.01831.
Conclusion
The ETFSwap (ETFS) ecosystem is set to surge in market volume when the BNB ETF rally begins. With a progressive plan for the novel ETFS ETF, a 546,000% price surge is on the horizon. As BNB whales buy $100,000 clips of the token, join them to position for millions at the steal $0.01831 price.
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