Some crypto traders are known to have made the most gains in the 2021 bull run by betting early on the best-performing altcoins. With the 2024 bull run already in play, one of those crypto traders has again revealed ETFSwap (ETFS) as the top altcoin that he is betting on this time around.
This Crypto Trader Reveals Why ETFSwap (ETFS) Is His Top Altcoin Pick
The crypto trader who made a 1,000x return in the 2021 bull run has also stated why ETFSwap (ETFS) is his top pick for this year. He cited ETFS’ use case as the reason why he is most bullish on the altcoin. He also alluded to the great work that the ETFSwap team has put in so far to make the ETFSwap project a success. ETFS is the native token of ETFSwap, a decentralized investment platform that is revolutionizing exchange-traded fund (ETF) trading by enabling these funds to be traded on-chain. ETFS is central to this offering as users will need the altcoin to invest in their desired ETF.
Thanks to the altcoin, investing in the traditional market will become much more straightforward as investors can simply convert their ETFS tokens to whatever ETF they want to invest in. The crypto trader also highlighted how there are no Know-Your-Customer (KYC) requirements on the ETFSwap platform, which allows investors to start investing quickly.
The decentralized finance (DeFi) platform will also allow investors to trade anonymously as zero-knowledge (ZK) proof technology will be integrated into the platform. This means that users will not have to reveal their identity or any sensitive information before they start trading.
The ETFSwap (ETFS) token also provides access to the crypto assets and other commodities on the decentralized trading platform. Similar to how users will invest in tokenized ETFs on the platform, they can also use the altcoin for their desired crypto or commodity, including gold, silver, cotton, crude oil, and rubber, among others.
There are also other benefits of holding the ETFSwap (ETFS) token. For instance, it provides access to exclusive investment opportunities on the ETFSwap platform, including its ETF, which will launch next year. Holders of the altcoin will enjoy discounts on their trading activities on the platform, making ETFSwap more cost-effective for them.
Furthermore, these holders will be able to earn passive income by staking their ETFS tokens and earning up to 75% annual percentage yield (APY). They can also provide liquidity and earn up to 30% of fees from token swaps. These staking and liquidity provision features will go live as soon as phase 2 of the ETFSwap beta platform launches.
The ETFSwap (ETFS) team has already announced that phase 1 of the beta platform will go live soon enough. Phase 2 is expected to launch shortly after. It is worth mentioning that the team has already vested their tokens for five years, which is something that has also impressed the crypto trader.
How The Crypto Trader Made 1,000x ROI In the 2021 Bull Run
The crypto trader made a 1,000x return on investment (ROI) in the 2021 bull run by betting early on utility tokens like Polygon (MATIC) and Fantom (FTM). The crypto investor identified these utility coins just before they went on to make their impressive run in the last bull run. Interestingly, the crypto trader stated that he wished he had been earlier by buying these utility coins in their crypto presale.
In line with this, the crypto trader remarked that he won’t make the same mistake with ETFSwap (ETFS), which is why he is buying as many tokens as he can in ETFS’ ongoing presale. He has so far bought $200,000 worth of the altcoin.
Conclusion
With prominent crypto traders like this bidding ETFSwap (ETFS) in its ongoing presale, you should buy the altcoin. You stand to make life-changing gains like the crypto trader did in 2021, as analysts say ETFSwap (ETFS) will record up to a 20,000% price gain in this market cycle.
