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Cryptocurrency News Articles
ETFSwap (ETFS) Gears For Surge To $5 Amidst Presale
Oct 04, 2024 at 12:00 pm
Crypto enthusiast Quincy Jones is bullish on ETFSwap (ETFS), speculating that its native token ETFS will surge to the $5 mark in its ongoing
Cryptocurrency platform ETFSwap (ETFS) is gearing up for a massive surge in its native token (ETFS) price during its presale event, with crypto enthusiast Quincy Jones predicting a surge to the $5 mark.
In this presale event, ETFSwap (ETFS) is making its native token available to everyone in the crypto market at a low price of $0.03846 per coin. ETFSwap (ETFS) is a crypto ETF trading platform that aims to revolutionize ETF trading by tokenizing assets. The tokenized ETFs on ETFSwap (ETFS) will directly represent their traditional counterparts on the blockchain, allowing users to invest in various assets across different sectors.
To ensure regulatory compliance, ETFSwap (ETFS) only partners with MiCa-regulated investment banks to issue securities and cryptocurrencies to users, shielding them from any regulatory hurdles.
Recently, ETFSwap (ETFS) also announced the launch of phase 1 of its beta platform, which will be made available to users for testing the platform's features after thorough UI testing. Some of the functionalities that users will be able to benefit from include ETF prices, swapping features, liquidity, and staking pools.
The platform's native token, ETFS, plays a crucial role in the network's functioning and serves multiple purposes. However, its primary function is to grant all users access to trade tokenized ETFs and to fully utilize all the features on the network.
Additionally, users who hold the token will be privy to added perks like exclusive investment opportunities and early access to all new ETF listings on the trading platform. Users can also stake ETFS on the platform staking pool, earning passive income with the network’s 87% APR staking rewards.
According to former R3 Corda developer and crypto enthusiast Quincy Jones, Ripple (XRP) could soon be surging to the $100,000 mark or even past it, potentially enabling it to outshine Dogecoin (DOGE) in the process.
Jones shared this bold prediction in a 2021 podcast video on the social media platform YouTube, pinning his reasoning on the nature of Ripple (XRP) as a financial instrument of liquidity.
As a result, issuers who want to issue stocks, debts, cryptocurrencies, and other assets would be zooming in on XRP. Jones also mentioned XRPL in the discussion, highlighting the potential for debt to be onboarded on the ledger. Further, Ripple (XRP) will be serving as a bridge between the US dollar and blockchain, boosting its bullish momentum.
There was also a recent rumor about Ripple (XRP) partnering with the UAE and India to use Ripple (XRP) for oil purchases, which, if confirmed to be true, could see Ripple (XRP) tapping into the $500 trillion oil sector.
Dogecoin (DOGE), on the other hand, might be up for a price correction as an analysis of the Dogecoin (DOGE) price chart indicates a 52% surge in its 24-hour trading volume. According to analysts, Dogecoin (DOGE) whales often resort to liquidation whenever DOGE surges.
Therefore, they are optimistic that if they follow the same pattern, Dogecoin (DOGE) could be gearing up for a massive decline in value. According to CoinGecko, Ripple (XRP) currently trades around the $0.62 mark, ranking 6th in the crypto market, and Dogecoin (DOGE) exchanges hands at $0.12, ranking 9th in the crypto market.
While Quincy Jones has made bullish speculation on both ETFSwap (ETFS) and Ripple (XRP), ETFSwap (ETFS) has more potential to follow the trajectory of the prediction due to the daily influx of new users in its ongoing presale. When that happens, ETFS will have surged by over 200x, giving all early investors a tremendous yield on their investments. So, as a savvy investor, don’t delay making that move: Buy ETFS today!
For more information about the ETFS Presale:
Disclosure: This is a sponsored press release. Please do your research before buying any cryptocurrency or investing in any projects. Read the full disclosure here.
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The information provided is not trading advice. kdj.com does not assume any responsibility for any investments made based on the information provided in this article. Cryptocurrencies are highly volatile and it is highly recommended that you invest with caution after thorough research!
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