Market watchers believe Elon Musk is finally making a move on crypto, similar to his influence in the previous bull run. As such, crypto enthusiasts watch for altcoins that are likely to be on the billionaire’s radar. Elon Musk tweets non-stop, and his resonance with the crypto landscape could potentially trigger massive growth.
In this article, we look at ETFSwap (ETFS), Floki (FLOKI), and Dogecoin (DOGE) as three altcoins on Musk’s radar. These altcoins offer great entry for profit and could be set for exciting heights in reaction to support from the billionaire.
ETFSwap (ETFS) Draws In Investors Into Altcoins
Amid the recent buzz among whales and small crypto investors, experts speculate that this new ETFSwap (ETFS) presale token has caught the attention of Elon Musk. ETFSwap (ETFS) is a new Ethereum-based platform for trading tokenized ETFs and is poised for exciting growth amid the recent hype of ETFs. Spot Bitcoin and Ether ETFs have already been approved, and experts believe ETFSwap (ETFS) holds up to 108x prospects amid the anticipation for Solana (SOL) and Ripple (XRP) ETFs.
The new DeFi platform offers global accessibility to ETFs from industries including technology, energy, commodities, healthcare, etc. These tokenized ETFs will be backed by real ETF securities bought from the traditional market. However, tokenized ETFs offer more investment flexibility and benefits over the same asset type from traditional markets.
Some benefits include 24/7 trading, fast settlements, quick swaps between ETFs and crypto, staking and lending opportunities, and more. ETFSwap (ETFS) allows users to explore various commodities to hedge potential portfolio volatility with cryptocurrencies.
Amid the impressive prospects for ETFSwap (ETFS), the emerging platform also plans to launch its own ETF in 2025, which could be a massive growth catalyst as it aims to bridge centralized and decentralized markets. The presale token is one of the best altcoins to buy in the current market cycle, and experts believe Elon Musk could be showing interest in the coin.
Floki (FLOKI) Set For Higher Crypto Targets
Floki (FLOKI) has been one of the most exciting altcoins in the current market cycle, and holders expect more uptrend as Elon Musk moves on crypto. Floki (FLOKI) launched in 2021 after Elon Musk announced his plan to buy a new Shiba Inu dog and name it Floki. Elon Musk already had some ties to me coins at this time, so crypto enthusiasts took the name and made the meme coin FLOKI
Elon’s new pet and continuous tweets about the pet resulted in massive growth on FLOKI as investors continued to bet on the meme coin’s growth prospect. Following a year-long bearish trend since the last bull market, the meme coin has now regained momentum and is looking to claim a top spot amongst other altcoins.
Dogecoin (DOGE) Could Surge Higher On New Elon Musk News
Dogecoin (DOGE) was the pioneer meme coin and remains the biggest by market cap. The meme coin was launched in 2013 as a comic representation of the market at the time, but Elon Musk’s influence only came in 2021. The support from Elon Musk drove Dogecoin (DOGE) from below the $500 million market cap to an $84 billion market cap at its peak—an ROI of at least 150x for the earliest investors.
The meme coin continues to draw Elon Musk’s support, with recent events like Musk changing Twitter’s logo to the Dogecoin (DOGE) meme shortly after acquiring the platform. He also recently made a post following the death of Kabosu, the original dog used as Dogecoin’s meme. As experts expect big crypto moves from Elon Musk, Dogecoin (DOGE) is one of the altcoins to watch for a possible uptrend and is trading at $0.1227 as of this writing, with a 100% price increase in the past year.
Conclusion
Despite Floki (FLOKI) and Dogecoin (DOGE) being two altcoins that would continue to react to Elon Musk news, the new ETFSwap (ETFS) is quickly rising as a potential token of interest for the billionaire and other big crypto players. The ongoing ETFSwap (ETFS) presale is an opportunity to get in for cheap, and you shouldn’t miss it.
For more information about the ETFS Presale:
