Historically, every Bitcoin halving bodes well for altcoins. With the 2024 bull season well underway and the anticipated approval of Spot Ethereum ETF this May, the ETFSwap (ETFS) platform gears up for an explosive price spike.
ETFSwap (ETFS) Set For A Big Bang
The ETFSwap (ETFS) price is poised to explode after strategically positioning itself as a revolutionary force in the tokenization and real-world asset markets. The platform has already garnered a lot of interest from crypto enthusiasts and big-name investors alike for its exceptional blend of decentralized finance (DeFi) and traditional finance (TradFi) on its unique trading platform.
At its core, the ETFSwap (ETFS) provides access to tokenized Exchange-Traded Funds (ETFs). However, unlike traditional ETF trading platforms, the platform does not require submission of Know Your Customer (KYC) information to be able to use the platform, as it leverages blockchain technology to preserve the privacy of its users and provide a secure, modernized approach to trading, making institutional ETF trading faster and more seamless.
The ETFSwap (ETFS) will see an explosion in price and a sustained rise to $4 in this bull run because of the many investors who are keen on taking advantage of the rare opportunity to buy, sell, and trade ETFs across several industries, including crypto, healthcare, mining, oil, and gas, etc. Additionally, users can enjoy exclusive features such as the 50x leverage on all listed ETFs on the platform and the option for traders to access up to 10x leverage on all trades, which gives the possibility for 1,000x profit margins.
The enticing prospect of earning passive income available to holders of the native ETFS token when they stake their tokens, as well as an 87% APR yield, increases the demand for the tokens, as seen from the over 65 million tokens sold in just stage 1 of its ongoing presale.
Users who purchase and hold ETFS tokens get early access to new ETF listings and updates, as well as governance rights on the platform. The window of opportunity is still open to you at the current price of $0.00854, plus an 18% purchase bonus as an added incentive to ape in now before the imminent stage 2 price of $0.01831, which translates to 100x profit.
Bitcoin (BTC) Halving Propels Altcoin Surge
Bitcoin (BTC) halving is an important phenomenon occurring every four years in the cryptocurrency space, which usually results in increased difficulty in mining the asset and a reduction in rewards for miners. Each of the past three halvings recorded a decline in the dominance of Bitcoin in the market and made way for altcoins to benefit from an influx of capital.
A significant beneficiary of the third Bitcoin halving is Ethereum (ETH). The altcoin recorded a huge spike in price, which saw a climb in its market capitalization from $258 to $3,623. That massive increase within the 12 months after the Bitcoin (BTC) halving of May 11, 2020, is largely considered by traders and veteran investors as an indication of what to expect after the fourth Bitcoin (BTC) halving that occurred in April of this year.
One month has passed since the April halving, and traders and big money investors looking to scoop up the next best altcoin project to explode if this fourth halving follows the pattern of previous events have identified another Ethereum-based token, the ETFSwap (ETFS), as the next beneficiary of the post-halving rally.
Ethereum Spot ETF Approval Creates Surge For Major Altcoins.
The possible approval of Spot Ethereum ETFs in the US will prove to be the biggest catalyst for Ethereum (ETH) prices in 2024. The US has until May 23, 2024, to make its decision on Spot Ethereum ETF applications. The optimism surrounding that possibility caused a surge in price for almost all cryptocurrencies, with Ethereum (ETH) leading the rally since Monday, rising 13% to $3,814.30.
Experts forecast a $45 billion inflow into Ethereum’s (ETH) ecosystem and one altcoin that is at the top of every investor’s list as they anticipate the spot Ethereum ETF approval is the ETFSwap (ETFS), an ERC20 token that is aligned to receive a large volume of the inflow in the ecosystem as big investors move funds into ETFs and real-world asset markets.
For more information about the ETFS presale,
