LFNTY Coin is Up 150x in 24 Hours and Crypto Experts Say This Bitcoin ETF Token is Next

Last updated: December 12, 2023 07:56 EST
. 2 min read

Disclosure: Crypto is a high-risk asset class. This article is provided for informational purposes and does not constitute investment advice. By using this website, you agree to our terms and conditions. We may utilise affiliate links within our content, and receive commission.

LFNTY Coin is Up 150x in 24 Hours and Crypto Experts Say This Bitcoin ETF Token is Next — Source: Dall•E 3

LFNTY Coin has gained by 20,000% in the past 24 hours, with the altcoin currently trading at $1.6521 on the Solana-based Orca decentralized exchange.

It listed on Orca only yesterday, trading against USDC and opening at a price of $0.005964.

The coin’s fundamentals, based on Lifinity’s status as a Solana-based automated market maker, should help the coin to continue seeing growth in the short and longer term.

However, it isn’t the only promising new altcoin in the market, with Bitcoin ETF Token’s successful presale suggesting that it could rally big once it lists on exchange in the New Year.

LFNTY Coin is Up 150x in 24 Hours

Since listing on Orca, LFNTY Coin has experience some strong and steady price growth, with the token shooting up to about $1.09 within a couple of hours.

And unlike many of the hot listings DEXTools tracks, LFNTY definitely doesn’t look as though it’s going to suffer a sudden dump.

LFNTY Coin price chart. — Source: DEXTools/TradingView

Indeed, its price has survived brief dips and continued rising since its listing yesterday, with its trading volume also remaining relatively consistent.

One point in LFNTY’s favor is that it has been open for trading since late 2022, meaning that it isn’t some flash-in-the-pan meme token that will collapse as soon as its founders have made enough of a profit.

Instead, it’s the utility/exchange token of the Solana-based Lifinity AMM, giving it an actual use case.

♾ New Milestone ♾

Lifinity’s lifetime volume has crossed $5B! 🎉 pic.twitter.com/XXzKM51UUE

— Lifinity ∞ (@Lifinity_io) December 11, 2023

And according to Lifinity’s own data, it has processed some $5 billion in trading volume to date, since launching last year.

As such, LFNTY Coin is likely to experience growth over the coming months, especially if the market enters a bull phase in 2024, which analysts are predicting.

Crypto Experts Say This Bitcoin ETF Token is Next

While LFNTY looks more or less assured to have good long-term growth, it may potentially correct in the shorter term, given how hard it has risen in the past couple of days.

Traders hunting for big and quick gains may therefore be better off looking at alternatives, with a number of newer coins looking particularly promise at the moment.

Near the top of the list is Bitcoin ETF Token (BTCETF), a deflationary ERC-20 cryptocurrency that has raised $3.6 million in its increasingly successful presale.

Unveiling how #BTCETF not only readies for the #Bitcoin #ETF influx but also grants staking incentives, bolstering network resilience and reliability. 🔍💰 pic.twitter.com/SpJX1QYLtT

— BTCETF_Token (@BTCETF_Token) December 8, 2023

Bitcoin ETF Token has been able to raise so much money because of its tokenomics, which have been set up to be aggressively deflationary.

In particular, the coin set to burn 25% of its max supply over the course of its lifespan.

It will do this by burning 5% whenever spot-based Bitcoin ETFs or Bitcoin (BTC) reaches one of five chosen milestones, with the first coming when an SEC-approved ETF gains a trading volume of more than $100 million.

Such burning will help to take substantial sums of the coin out of circulation, as will the ability to stake BTCETF for a passive income.

Recap of #BitcoinETF Milestones! 📊

1️⃣ $100M Trading Vol: 5% burn & 5% ➡️ 4% tax 🔄

2️⃣ First ETF Approval: 5% burn & 4% ➡️ 3% tax 🔄

3️⃣ ETF Launch Date: 5% burn & 3% ➡️ 2% tax 🔄

4️⃣ ETF Assets $1B: 5% burn & 2% ➡️ 1% tax 🔄

5️⃣ $100K BTC Price: 5% burn & 1% ➡️ 0% tax 🔄 pic.twitter.com/HcWwWzghDH

— BTCETF_Token (@BTCETF_Token) December 12, 2023

To join its presale, investors should go to the official Bitcoin ETF Token website, where they can connect their crypto wallets and use ETH, BNB, USDT or fiat currency to purchase BTCETF.

The token currently costs $0.0066, yet this will rise to $0.0068 in a day and half, while the coin’s listing in the next few weeks could see it rise plenty higher.

Visit Bitcoin ETF Token Now

^{Disclaimer: Crypto is a high-risk asset class. This article is provided for informational purposes and does not constitute investment advice. You could lose all of your capital.}