Meme coins have experienced an impressive recovery since Bitcoin (BTC) rebounded above $65,000. Shiba Inu (SHIB) has enjoyed the most price gains among these meme coins, followed by Dogecoin (DOGE). However, the Ethereum token ETFSwap (ETFS) is set to enjoy a larger price gain than these meme coins, including Shiba Inu (SHIB) and Dogecoin (DOGE).
ETFSwap (ETFS) To Enjoy A 1,000% Rise
ETFSwap (ETFS) is set to enjoy a 1,000% price surge, which would send its price to $0.3846 from its current price of $0.03846 in its ongoing presale. Analysts say that this will only be the first leg of the massive bull run that the ETFS token will enjoy in this market. They predict that the Ethereum token can enjoy up to a 30,0005 price gain at its peak.
This bullish outlook for ETFSwap (ETFS) stems from its incredible utility. The Ethereum token is the native token of the ETFSwap investment platform, which is revolutionizing exchange-traded fund (ETF) trading. The platform will tokenize these ETFs and enable them to be traded alongside cryptocurrencies.
The Ethereum token plays a major role in this offering as users will swap it for their desired ETF or crypto asset. The token also provides access to the other commodities on the platform including gold, silver, cotton, rubber, and crude oil, among others. Additionally, the ETFS token serves as the gateway to other money-making opportunities on the ETFSwap platform.
For instance, investors will be able to stake their ETFs and earn juicy staking rewards on their staked assets. This staking feature also extends to crypto assets on the platform, including the ETFS token. Those who stake the Ethereum token can earn up to 87% annual percentage yield (APY) on their staked tokens.
Furthermore, users on the platform will be able to trade perpetuals for these ETFs. These are derivative contracts that allow traders to bet on the future prices of the underlying assets and serve as an excellent way for investors to hedge against their investments. ETFSwap offers up to 50x margin on traders’ initial capital.
ETFSwap (ETFS) holders will also enjoy access to exclusive investment opportunities like the platform’s ETF, which will launch in 2025, just before the peak of this market cycle. Holders of the Ethereum token will also be able to earn passive income by providing liquidity and enjoying up to 30% of fees from token swaps. They will be eligible for the monthly airdrops distributed from the ETFS reward pool.
It won’t take much longer for users to enjoy these amazing utilities from ETFSwap (ETFS). The ETFSwap team, certified by SolidProof, has already announced that phase 1 of the beta platform will go live soon enough. The backend has already been developed, and all that remains is a thorough testing of the user interface (UI).
Shiba Inu (SHIB) Leads Meme Coins With 32% Price Gain
Shiba Inu (SHIB) has led other top meme coins with its 32% price gain in the last seven days, following Bitcoin’s (BTC) recovery above $60,000. Dogecoin (DOGE) has come behind Shiba Inu (SHIB) with its 19% price gain. Shiba Inu (SHIB) and Dogecoin’s (DOGE) lead over other meme coins isn’t surprising considering that they are the largest meme coins by market cap.
Therefore, Shiba Inu (SHIB) and Dogecoin (DOGE) are expected to keep enjoying the largest price gains among meme coins even as the Bitcoin bull run kicks into full gear. However, analysts say that meme coins like Shiba Inu (SHIB) and Dogecoin (DOGE) cannot record the massive gains that ETFSwap (ETFS) is set to enjoy.
Conclusion
ETFSwap (ETFS) stands out as a better investment option than Shiba Inu (SHIB), Dogecoin (DOGE), and other meme coins. Therefore, there is no better time to start investing in ETFSwap (ETFS) than now if you want to enjoy maximum gains when the Ethereum token begins its bull run, with the 1,000% price surge.
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Disclaimer: Information provided on AlexaBlockchain is for informational purposes only and not financial advice. Crypto investments, including ICOs, IDOs, presales, and other token offerings, are highly risky. You are responsible for conducting your own research (DYOR) before making any financial commitments. Take professional advice before making any investment. Read complete disclaimer here.
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