Crypto analyst Rekt Capital recently suggested that altcoin season might be around the corner. This is when other crypto tokens besides Bitcoin (BTC) begin to make significant moves and even outperform the flagship crypto.
ETFSwap (ETFS) looks to be the crypto token that will lead the charge when this happens, seeing how it has outperformed the broader crypto market recently.
Rekt Capital noted in an X (formerly Twitter) post that the “Altcoin Market Cap has successfully retested the $250 billion level as support” and is now showing “initial signs of trying to curl from here.”
In an earlier X post, the analyst mentioned how this Altcoin Market Cap was holding well above that support level and was “positioning itself” for a parabolic move to the upside through a “black pathway,” which he highlighted on the chart. As such, these altcoins could make their moves soon, having established strong support at the $250 billion price level.
Dogecoin (DOGE) looks to be an altcoin that Rekt Capital believes could do well. The analyst mentioned in another X post that the foremost meme coin flipped a multi-year resistance and has now found new support. He further claimed that the meme coin’s macro downtrend is over, and a new macro uptrend has been confirmed.
Meanwhile, it is worth mentioning that Rekt Capital’s prediction about altcoin season being imminent echoes crypto analyst Michaël van de Poppe’s sentiments. Van de Poppe has continued to state that the altcoin season is near.
More recently, he noted that the Altcoin market cap achieved a “great close for the weekly candle.” He added that he expects the Altcoin Market Cap to test a new all-time high (ATH) in the coming 3 to 5 months.
Van de Poppe has mentioned different altcoins that he believes could run when the time comes. One is Chainlink (LINK), which he claims is still undervalued. He sounded very bullish on the crypto token when he stated that Chainlink (LINK) is a “fundamental project required to sustain data in the ecosystem.”
Polkadot (DOT) is another crypto token the crypto analyst mentioned, noting that it is one of the “leading Web 3.0 ecosystems and Layer 1’s, and it’s still heavily undervalued.” He also highlighted that Polkadot (DOT) saw “tremendous growth” in the first quarter of the year when they released Polkadot 2.0.
Meanwhile, Van de Poppe alluded to ETFSwap (ETFS) as another crypto token that could do well in this altcoin season when he revealed that Real World Assets (RWA) crypto projects are one of his favorites when investing.
ETFS is the native token of ETFSwap, a decentralized finance (DeFi) platform that tokenizes exchange-traded funds (ETFs). As Van de Poppe predicts, RWA crypto tokens like ETFSwap (ETFS) have so much potential as that is where the “crypto industry is heading to, despite not having the hype yet.”
Interestingly, ETFSwap (ETFS) is already thriving without the hype the crypto analyst predicts RWA crypto tokens could enjoy soon enough. Since launching, ETFSwap (ETFS) has gone head-to-head with the best-performing crypto assets this year, which suggests that the crypto token will still lead other altcoins when the altcoin season begins in full force.
The ETFSwap (ETFS) token already looks primed for such a parabolic move, especially with the amount of buying pressure the crypto token has experienced lately. Over 60 million ETFSwap (ETFS) tokens have been bought in stage one of the token’s ongoing presale in the last seven days.
Crypto investors have been going all in on the crypto token while revealing that it is their conviction play. They have seen how it has already performed and factored in its future potential when the RWA meta finally starts. These investors could enjoy a 4000x return on their investments, with crypto experts predicting that ETFSwap (ETFS) could rise to as high as $20.
Those who haven’t invested can heave a sigh of relief as they haven’t missed this life-changing opportunity yet. Stage 1 of the token presale is still ongoing, and they can purchase these tokens for $0.00854 each. However, you must act fast as stage 1 ends soon, and the token’s price is expected to double once stage 2 commences.
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