The crypto industry is filled with numerous assets, making it hard to pick out the ones with the potential to help investors make massive profits on investment. As a result, a Dogecoin millionaire has shared their top crypto pick for 2024. They are ETFswap (ETFS), Ethena (ENA), Floki (FLOKI) and Worldcoin (WLD).
ETFswap (ETFS) Is Dogecoin Millionaire’s Top Pick
ETFswap (ETFS) is the absolute top pick for the Dogecoin millionaire for the year 2024 because of its innovative approach to trading exchange-traded funds (ETFs) by creating their tokenized versions on the blockchain. The tokenized ETFs will directly represent the traditional ETFs on-chain, allowing users to easily track their progress before investing.
ETFSwap (ETFS) requires no KYC and is fully audited by CyberScope to ensure its safety. It offers up to 50x leverage on all listed ETFs, allowing users to maximize their profits by up to 5,000% at a time.
At the core of ETFswap (ETFS) is its native token ETFS, which will serve the purpose of governance and utility. Currently, ETFswap (ETFS) is offering the token at $0.00854 in its presale stage 1. When stage 2 kicks off, the price will increase to $0.01831, hinting at an automatic profit for all stage 1 participants. This promise of assured yield has brought in a large flow of investments from investors all over the world who want a chance at trading tokenized ETFs and also making automatic profits.
Ethena (ENA)
Ethena (ENA) is an Ethereum (ETH)-based crypto platform offering stablecoin solutions through synthetic dollar USDe that the Dogecoin millionaire believes will do well. Unlike other stablecoins, Ethena’s USDe is backed by crypto assets like ETH, BTC, and USDT. USDe is minted against staked Ethereum (ETH) or its derivatives, which makes it highly prone to volatility.
However, to control this problem, a short position is simultaneously opened to counteract the volatility of the underlying collateral, helping USDe maintain its stability even with fluctuations in the collateral price value.
Aside from USDe, Ethena (ENA) has a standard ERC-20 token, ENA, as its native token. This token serves the purpose of governance, allowing holders to participate in making decisions on the network. According to data from digital asset tracker Coinmarketcap, ENA currently trades at $0.85, ranking 73rd in the crypto market.
Dogecoin Millionaire Picks Floki (FLOKI)
Floki (FLOKI) being on the list of a Dogecoin millionaire is no surprise as it is a crypto asset that started merely as a meme coin named after Elon Musk’s Shiba Inu dog but has transitioned into a web3 project rooted in DeFi. Thus, the meme coin was branded the people crypto powering the Floki Inu (FLOKI) ecosystem and Valhalla, a play-to-earn NFT metaverse game. Recently, the meme coin recorded a 32% uptick in price value to a high of $0.0002445, and it also gained a 7% increase in its market cap, which surged to $2.2 billion.
One factor propelling the success of Floki (FLOKI) is the innovative nature of the team behind the project. The team continues to broaden its use case by introducing several platforms into its ecosystem, like FlokiPlaces, nan NFT, and merchandise marketplace. It also launched a tokenization platform, TokenFi. Floki (FLOKI) trades at $0.000227 and ranks 55th in the crypto market.
Worldcoin (WLD)
Worldcoin (WLD), the only AI project on the Dogecoin millionaire’s list, is a privacy-preserving blockchain project created in 2019 by Sam Altman, Alex Blania, and Max Novendstern. It allows individuals to create an anonymous digital identity without disclosing any personal information about themselves. Instead, all they need to do is scan their retina on a Worldcoin (WLD) scanning orb device, and this way, they are protected against identity theft, which has become very common in recent times.
Users who scan their retinas receive an ERC-20 token, WLD, the platform’s native token. In April 2024, Worldcoin (WLD) proposed the launch of its blockchain, World Chain, a layer two protocol expected to launch later in the year. Worldcoin (WLD) is valued at $5.07 and ranks 81st in the crypto market.
Conclusion
Though Worldcoin (WLD), Floki (FLOKI), and Ethena (ENA) are giving investors a run for their money, ETFswap (ETFS) emerges as the top asset, which promises automatic yield to early investors. So join the Dogecoin millionaire as he takes advantage of this presale today, which could turn a few bucks into millions.
For more information about the ETFS Presale:
Disclaimer: This is a paid release. The statements, views and opinions expressed in this column are solely those of the content provider and do not necessarily represent those of Bitcoinist. Bitcoinist does not guarantee the accuracy or timeliness of information available in such content. Do your research and invest at your own risk.
