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As the enthusiasm surrounding memecoin Pepe wanes, crypto whales seek refuge in ETFSwap at a discounted price of $0.03846.
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Unusual events happen in the cryptocurrency community from time to time. Crypto whales are often the subject of discussion in this regard. Recently, they sold $5 million worth of Pepe (PEPE) tokens to invest in this fast-rising altcoin, ETFSwap. Furthermore, reports from several analysts reveal that the token is set to soar after launch.
ETFSwap emerges as top pick for crypto whales
Crypto whales, including Pepe whales, are attracted to liquidity and high trading volumes due to efficiency in transactions. Therefore, ETFSwap’s fine merger of both traditional finance and decentralized finance allows large-scale investors to contribute to its liquidity pool, providing enough liquidity for trading assets.
Similarly, ETFSwap facilitates the trading of crypto-focused ETFs and real-world assets such as gold ETFs. The tokenized assets that ETFSwap provides to users mirror the price of the original assets, which helps to promote trust and transparency with investors.
One of the significant benefits that ETFSwap offers to large-scale investors is the potential for low-cost transactions. With sufficient liquidity available on the platform, ETFSwap can use smart contracts to reduce the fees generated from transactions. Since these trades occur between users through smart contracts, there is no need for centralized exchanges or brokers.
Arguably, data feeds are vital to the success of every investor, allowing traders to make informed decisions regarding their trading strategies. Hence, ETFSwap integrates real-time and up-to-date pricing data feeds for investors to monitor the performance of their ETFs. This is combined with a lag-free interface, allowing traders to place orders efficiently, particularly in volatile markets.
The news of the launch of ETFSwap beta phase 1 has been buzzing on social media. The project developers have completed the backend development of the ETF trading platform and will soon roll out the features for investor participation. In the meantime, large-scale investors are heavily investing in the platform’s native token.
Security and privacy are vital components of any finance platform like ETFSwap, particularly when dealing with tokenized assets and trading on the blockchain. To combat this, the platform’s team completed KYC verification by SolidProof, a smart contract security auditing firm, and underwent a thorough audit process by Cyberscope, a cybersecurity auditing firm, to identify vulnerabilities on the platform.
Crypto whales seek stability amid Pepe’s market instability
The hype surrounding memecoins, especially Pepe, seems to be losing momentum. As of now, CoinGecko reports the price of Pepe to be $0.000009. The value of the token has been declining since October 1. However, the presale value of ETFSwap has been garnering the interest of significant crypto whales due to its successful and positive development in price value.
In the third presale stage alone, the token has sold a whopping 13.3 million units, raising over $1.76 million. As the third presale stage nears its end, crypto whales are rapidly acquiring the token. This is largely due to the extensive utility the token offers, in contrast to memecoins. While meme-based crypto like Pepe are primarily driven by community hype and trading interests, ETFSwap provides access to an ETF product within the ecosystem. As a result, crypto whales have praised the token’s utility on its future-proof platform.
Furthermore, token holders have voting rights to influence the token’s future, which analysts predict will surge by 40,000% after launch. Besides, holders of the token can also stake their tokens and earn up to 36% from the platform’s staking pool.
Conclusion
As we near the threshold of the final presale stage, ETFSwap is seeing an increase in the number of crypto whales visiting the site. Seeing the situation, ETFSwap is encouraging users to take advantage of the presale stage for $0.03846. Also, a 50% discount is currently available for investors when they use the “ETFS50” promo code.
To learn more about ETFS presale, visit the ETFSwap presale and join the ETFSwap community.
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This article first appeared at crypto.news
