As Dogecoin’s exponential growth in 2021 took the broader crypto market by surprise, a crypto analyst has identified a new Ethereum token that is set to mimic a “giga-send” rally like Dogecoin (DOGE).
Currently trading below the $0.1 mark, ETFSwap (ETFS) is the best opportunity for crypto investors. The Ethereum token is preparing for a major rally as investors show increasing interest in this innovative crypto project.
This means that crypto enthusiasts who missed out on Dogecoin’s surge to new all-time highs in 2021 can potentially experience similar or even greater explosive growth with ETFSwap (ETFS).
Dogecoin (DOGE) Price Slumps As Crypto Investors Liquidate Assets From Robinhood
Dogecoin’s reign as the king of ‘giga-send’ is set to be overtaken by a new Ethereum token, ETFS, following recent declines experienced by the doggy-themed cryptocurrency.
After the United States Securities and Exchange Commission (SEC) issued a Wells Notice to American financial services company, Robinhood, millions of Dogecoin (DOGE) were transferred out of the investment company. Most of the Dogecoin (DOGE) was moved to personal wallets, and some were potentially being invested into more lucrative crypto projects such as ETFSwap (ETFS).
Robinhood’s largest outflow involved an astonishing 164 million DOGE, valued at $25 million. Following the mass exodus, the price of Dogecoin (DOGE) fell by 11.87% over the week and another 1.96% in the last 24 hours, according to CoinMarketCap.
Despite surging to an all-time high of $0.74 in 2021, the cryptocurrency’s value has since declined, now trading at $0.14.
Ethereum-Based ETFSwap (ETFS) Set To Outshine Dogecoin’s 2021 Momentum
With Dogecoin (DOGE) recording multiple declines as Robinhood faces potential regulatory hurdles, investors are turning to a new bullish Ethereum token unaffected by market volatility and regulatory uncertainty. Recently, ETFSwap (ETFS), a trailblazing decentralized trading platform, has been making waves in the industry, garnering the attention of institutional and retail investors.
Not only has its presale exceeded expectations, but its underlying technology and infrastructure have set it apart from competitors in the crypto space.
As a decentralized exchange, ETFSwap (ETFS) enables users to swap cryptocurrencies for traditional ETFs that have been turned into tokenized digital assets. Given that ETFs constitute a multi-trillion dollar industry, ETFSwap (ETFS) offers investors the opportunity to potentially make considerable returns from this low-risk asset class.
Users can buy and trade ETFs on ETFSwap, potentially amplifying their trading profits by taking advantage of trading benefits in the platform, including up to 10x leverage on all trades and a whopping 50x leverage on every ETF listed on the platform.
This platform eliminates the need for KYC verifications, effectively cutting off the interference of third-party entities like financial institutions and regulators. ETFSwap (ETFS) is also a highly reliable and safe trading platform, leveraging blockchain technology to ensure transparency and security.
Currently, the price of ETFS, the native token of the ETFSwap ecosystem is priced below the $0.1 price mark. However, due to the increased demand and interest in the cryptocurrency, investors and analysts believe that ETFS is poised to experience an explosive rally, potentially surpassing that of Dogecoin (DOGE) during its rally in 2021.
Unlike Dogecoin (DOGE), which tends to fall during periods of high volatility, ETFS is a deflationary token that has a stronger resistance to market fluctuations, making it a powerful competitor in the ever-changing crypto market.
ETFSwap (ETFS) presale is currently ongoing, and early investors can take advantage of the first presale stage to purchase tokens at a modest price of $0.00854. During the second presale stage, the token is set to skyrocket to $0.01831.
Currently, over 60 million ETFS tokens have been sold in just the first presale stage. The increased demand for this Trade-to-Earn token underscores investors’ confidence in ETFSwap’s future and revolutionary capabilities.
For more information about the ETFS Presale:
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