Ethereum
Why ETFSwap (ETFS) is a better bet than Ethereum Meme Coins Floki (FLOKI) and Pepe (PEPE)
Thousands of crypto investors have hedged their bets on ETFswap (ETFS) thinking it will do better against Ethereum meme coins Floki (FLOKI) and Pepe (PEPE) due to its ongoing pre-sale event and unique ecosystem.
Pepe (PEPE) could lower its price further
Pepe (PEPE) is one of the top Ethereum coins that focuses on meme culture and is inspired by the webcomic character Pepe the Frog. Despite the current bearish situation in the crypto market, Pepe (PEPE) has watch remarkably resilient, trading above its simple moving average (SMA) and 100-day trendline.
After carefully analyzing Pepe (PEPE) data with analytical tools, the Relative Strength Index (RSI) indicates that the coin is bullish. However, the indicator also hints at a potential future price decline. According to Coinmarketcap According to the data, Pepe (PEPE) is trading at $0.0000086, ranking 29th in the crypto market.
Its current price shows that it is heading towards its resistance level of $0.00000916. If it crosses the threshold, PEPE (PEPE) could break out and even retest its all-time high. However, if things go south and it fails to break its current resistance, PEPE (PEPE) could see a decline towards the $0.0000059 support level.
Floki (FLOKI) Whale buys 19 billion FLOKI
Floki (FLOKI), one of the largest Ethereum coins, managed to register a 2% price increase despite the downward trend in the crypto market which has attracted the attention of industry experts. The price surge was attributed to an anonymous whale who massively purchased 19 billion Floki coins. reported by Scopescan. The whale, identified only by its wallet address, withdrew coins worth $3.28 million from three exchanges: OKX, Gate.io and KuCoin.
The whale’s actions have sparked discussions among crypto enthusiasts, who wonder about the impact such a large purchase will have on the meme coin in the days and months to come. Some are also concerned about what would happen to Floki (FLOKI) in the event of a potential sale.
According to data from Coinmarketcapthe coin is currently trading at $0.00017 and ranks 55th in the crypto market.
ETFSwap (ETFS) Performs Better Than Ethereum Meme Coins
ETFswap (ETFS) is an Ethereum-based crypto platform that is revolutionizing the way the crypto community interacts with exchange-traded funds (ETFs) through asset tokenization. As one of the platforms behind the tokenization rally, ETFswap (ETFS) A unique approach is to create a tokenized version of ETFs that will directly represent traditional ETFs on the blockchain.
For this reason, all portfolio-sized investors can invest in all ETFs, including cryptocurrency and market ETFs. The platform will also feature a comprehensive marketplace offering 24/7 liquidity to facilitate trading of Tokenized ETFs. Additionally, experienced traders can use up to 10x leverage to increase their income and fractional ownership to amplify their portfolio with diversity.
However, the key to unlocking this unique functionality of the ecosystem is ETFS, the platform’s native token. This token will not only allow holders to benefit from everything the platform has to offer, but will also serve as a bridge to convert tokenized ETFs into crypto assets and vice versa. Holders can also earn passive income by staking their tokens on the platform’s staking pool, which offers a competitive annual percentage yield (APY).
ETFswap (ETFS) is currently holding a public sale of the token and offering it to $0.00854 per coin in stage 1. In stage 2, its price will increase to $0.01831, which portends automatic profit for all investors in stage 1. More than 70 million tokens have been sold, which indicates increased investor interest.
So what are you waiting for? Make this choice today and buy ETFS to increase your chances of getting a 200x return, which experts believe will cause the token to rise close to the $3 mark.
For more information on the ETFS presale:
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