As Shiba Inu (SHIB) and Dogecoin (DOGE) struggle in the recent market downturn, large investors known as crypto whales are shifting their focus. Instead they are buying into PEPE and ETFSwap (ETFS). With particular focus on the viral Ethereum token ETFS due to its outstanding presale activities and the comprehensive utilities offered by the ETFSwap (ETFS) platform.
ETFSwap (ETFS): A DeFi ETF Trading Platform Attracting Crypto Whales
ETFSwap (ETFS) is a blockchain-based investment platform that has caught the eyes of crypto whales. The platform, unlike any other, empowers investors with smooth transfers between tokenized real-world assets (RWA) and cryptocurrency, making tokenized Exchange-Traded Funds (ETFs) accessible via blockchain technology.
This means traders have the opportunity to buy, sell, and trade ETFs on the ETFSwap (ETFS) platform across several institutional industries, including cryptocurrency, especially with the recent approval of the Spot Bitcoin and Ethereum ETFs. This opens doors to a wider range of asset classes, including healthcare, NFTs, cryptocurrencies, and even leveraged ETFs, all tradable in seconds.
The platform’s native Ethereum token, ETFS, plays a crucial role in achieving this goal. It bridges traditional finance (TradFi) and decentralized finance (DeFi), allowing users to seamlessly convert their ETF holdings to cryptocurrencies and vice versa. However, the benefits of holding ETFS tokens extend beyond trading convenience.
Holders of the native Ethereum token, ETFS, gain passive income through a revenue-sharing program that distributes a portion of the platform’s transaction fees and governance rights. This means every ETFS holder can participate in decision-making and vote on platform updates. Additionally, by staking ETFS tokens, traders can unlock even greater rewards, including an 87% APR yield.
As a testament to the platform’s focus on user security, the ETFSwap (ETFS) operates with no KYC requirements and has gone a step further to get its smart contract fully audited by a cybersecurity company, Cyberscope, with no vulnerabilities detected.
This comprehensive offering has attracted significant attention, particularly from crypto whales who have shifted their focus towards the platform’s Ethereum token ETFS. With its unique features and focus on user empowerment, ETFSwap (ETFS) is poised to revolutionize the trading and crypto world as a whole.
Deep Dive: Why Crypto Whales Are Accumulating PEPE Tokens
According to recent on-chain data, some crypto whales made substantial purchases of PEPE tokens over the weekend. On June 7, a wallet associated with the investment firm Nascent acquired around $5.5 million worth of PEPE tokens, equivalent to 447.67 billion tokens, from the Binance exchange.
This purchase made PEPE the dominant asset in Nascent’s portfolio, surpassing their holdings in Maker (MKR) and Tether USD (USDT), which stood at $2.98 million and $973,557 respectively. The following day, June 8th, another anonymous crypto whale purchased approximately $2.9 million worth of PEPE tokens, comprising 231.64 billion tokens, from the Kraken exchange.
According to Lookonchain, this transaction was part of a larger series of purchases made by this crypto whale. In total, the crypto whale has acquired 750.34 billion PEPE tokens valued at $8.34 million from Kraken since March 16th, at an average price of $0.00001111 per token. At the time of writing, PEPE is trading at $0.0000117, representing a 34.72% increase in value over the past month despite recent market volatility.
Should You Buy This Viral Ethereum Token?
ETFSwap (ETFS) is already experiencing a strong showing in its presale, with crypto whales snapping up over 8 million tokens within days of launching stage 2. Moreover, the platform’s Ethereum token, ETFS, currently priced at $0.01831, has already delivered a compelling 200% return on investment for early investors. Given the project’s growing popularity suggests a high possibility of a complete presale sell-out before the deadline. The next stage will offer tokens at a higher price of $0.03846, potentially translating to another 200% ROI for stage 2 investors before the exchange listing.
For more information about the ETFS Presale:
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