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Why ETFSwap (ETFS) Is a Better Bet Than Ethereum Meme Coins Floki (FLOKI) and Pepe (PEPE)
Thousands of crypto investors have been betting on ETF Exchange (ETFS) believing it will perform better against Ethereum meme coins Floki (FLOKI) and Pepe (PEPE) due to its ongoing presale event and unique ecosystem.
Pepe (PEPE) could fall further in price
Pepe (PEPE) is a top Ethereum meme coin that focuses on meme culture and is inspired by the webcomic character Pepe the Frog. Despite the current bearish condition of the crypto market, Pepe (PEPE) showing remarkable resilience, trading above its simple moving average (SMA) and 100-day trend line.
After carefully analyzing the Pepe (PEPE) data with analytical tools, the relative strength index (RSI) indicates that the coin is on the rise. However, the indicator also suggests a potential future price drop. According to Coinmarketcap data, Pepe (PEPE) is trading at $0.0000086, ranking 29th in the crypto market.
Its current price shows that it is moving towards the $0.00000916 resistance level. If it breaks, PEPE (PEPE) could break out and even retest its all-time high. However, if things get worse and it fails to break its current resistance, PEPE (PEPE) could see a downward move towards the $0.0000059 support level.
Floki (FLOKI) Whale buys 19 billion FLOKI
Floki (FLOKI), one of the biggest Ethereum meme coins, managed to register a 2% increase in price despite the bearish trend in the crypto market catching the attention of industry experts. The price increase was attributed to an anonymous whale making a massive purchase of 19 billion Floki coins, such as reported by Scospescan. The whale, identified only by its wallet address, withdrew coins valued at US$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 coming days and months. Some are also concerned about what would happen to Floki (FLOKI) if there was a potential sell-off.
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 revolutionizes how the crypto community interacts with exchange-traded funds (ETFs) through the tokenization of assets. As one of the platforms leading the tokenization rally, ETFswap (ETFS) The unique approach is to create a tokenized version of ETFs that will directly represent traditional ETFs on the blockchain.
Due to this, all portfolio-sized investors can invest in all ETFs, including cryptocurrencies and market ETFs. The platform will also feature a comprehensive market with 24/7 liquidity to facilitate the trading of Tokenized ETFs. Additionally, experienced traders can use leverage of up to 10x to increase their earnings and fractional ownership to broaden their portfolio with diversity.
However, the key to unlocking this unique ecosystem feature is ETFS, the platform’s native token. This token will not only allow holders to benefit from everything the platform has to offer, but it 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 in the platform’s staking pool, which features a competitive annual percentage yield (APY).
ETFswap (ETFS) is currently holding a public sale of the token and offering it in $0.00854 per coin in stage 1. In stage 2, its price will increase to $0.01831, suggesting an automatic profit for all stage 1 investors. More than 70 million tokens have been sold, indicating increased investor interest.
So what are you waiting for? Make that switch today and buy ETFS to increase your chances of earning a 200x yield, which experts speculate will result in the token rising close to the $3 mark.
For more information about ETFS pre-sale:
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