Why Are Ether Whales Betting Big On This $0.03846 Token Reaching $1 Before Dogecoin And Cardano?
The post Why Are Ether Whales Betting Big On This $0.03846 Token Reaching $1 Before Dogecoin And Cardano? appeared on BitcoinEthereumNews.com.
Advertisement     The race for which coin can reach $1 first between Dogecoin (DOGE), Cardano (ADA), and ETFSwap (ETFS) is currently on. Interestingly, despite ETFS being valued lower than Dogecoin and Cardano, Ethereum whales are betting big on the $0.03846 token, reaching this price target before Dogecoin and Cardano. Why Ethereum Whales Are Betting Big On ETFSwap (ETFS) Ethereum whales are betting on ETFSwap (ETFS) to reach $1 before Dogecoin and Cardano because they are bullish on the ETFSwap ecosystem. ETFSwap makes exchange-traded fund (ETF) trading more accessible by tokenizing these funds and enabling them for on-chain trading. Traders will now be able to trade these ETFs on-chain alongside cryptocurrencies. This offering is set to gain a lot of attention from those looking for an opportunity to diversify their portfolio in one place easily. The platform provides them easy exposure to traditional and crypto assets alongside commodities like gold, silver, and rubber. All traders can access these assets with the ETFSwap (ETFS) token. The platform has no Know-Your-Customer (KYC) requirements, so traders do not have to worry about overwhelming customer verification processes. These traders will also be able to trade anonymously as the platform will integrate zero-knowledge (ZK) proof technology, meaning that users do not have to reveal their identity or sensitive information. Advertisement   Furthermore, traders can trade these ETFs at any time using the ETFSwap (ETFS) token. The DeFi platform offers 24/7 market coverage, meaning traders can buy, sell, and trade these ETFs anytime. This will give ETFSwap users an edge over traditional traders since they can benefit from the market gains recorded after traditional trading hours. ETFSwap’s decentralized nature means that traders can access traditional markets from anywhere in the world without the limitations of tradfi systems. Thanks to ETFSwap’s market-making services, users on the platform…
Filed under: News - @ October 10, 2024 6:28 am