With Dogecoin's price at risk, whales are seizing the opportunity to diversify their bags into other opportunities. The ETFSwap (ETFS) presale has been the leading choice of investment for crypto whales and other small investors ahead of a potential bull run.
As Dogecoin’s price movements present a dynamic trading environment with the potential for both uptrends and downtrends, technical analysis suggests that the meme coin may be overbought. Rising over 20% in the past week, analysts believe we could see a Dogecoin price correction in the coming weeks, and the long-term trend for DOGE will depend on the momentum of the potential downturn.
Whales appear to be frontrunning these predictions for Dogecoin price to pivot their investment, as the price corrections on the meme coin show. Dogecoin price as of this writing is $0.1694, showing a 45% price gain in the past month. The meme coin struggles to break resistance above $0.17, but experts predict that a breakout above the $0.17 level could see the Dogecoin price soar above its $0.2288 yearly high.
While Dogecoin price still presents some potential for an uptrend, whales are splitting their investment and making the smart decision of buying up ETFSwap (ETFS) on presale to hedge their positions on Dogecoin. It makes sense for Dogecoin whales to move into ETFSwap as the new ETF project promises even higher returns than the meme coin. Expert predictions for ETFSwap suggest a potential 40,000% rise on the coin amid bullish narratives around real-world assets and ETFs.
Interested investors can get in early on the next breakout crypto as ETFSwap opens a bonus round at $0.05769 following the conclusion of the presale. Those that missed the presale, this is their last opportunity to get in at a discount.
To learn more about ETFS presale, visit the ETFSwap presale website or join the ETFSwap community.
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