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The crypto market has declined since the first week of June. Top cryptocurrencies like Bitcoin (BTC) and Ethereum (ETH) have dropped significantly, affecting altcoins such as Rollblock (RBLK) and DTX Exchange (DTX). Amidst this tumultuous period, ETFSwap (ETFS) IS unaffected, even selling a jaw-dropping 20 million tokens in 24 hours after a huge institutional investment from a crypto firm with billions of dollars in assets under management (AUM).
Let's see why ETFSwap (ETFS) has remained bullish despite current market conditions and continues to outperform rival cryptocurrencies like Rollblock (RBLK) and DTX Exchange (DTX).
ETFSwap’s (ETFS) recent investment from a crypto firm with billions in AUM comes as no surprise, as it has raised over $1.5 million from retail and institutional investors over the past few weeks. This is because ETFSwap (ETFS) has tons of offerings that keep propelling the success of its token presale.
ETFSwap (ETFS) is a decentralized finance platform for trading exchange-traded funds with various asset classes in sectors such as transportation, technology, health, and much more. Its native token, ETFS, has sold millions of units in its ongoing presale due to the novelty of the trading platform.
The ETFSwap platform's key selling points are:
The ETFSwap (ETFS) trading platform stands out among competitors as it is the first platform to allow investors to swap cryptocurrencies for real-life ETF assets. It takes it a step further through perpetual trading that allows up to 50x leverage.
The native token ETFS is doing massive numbers due to various benefits. Currently selling at $0.0183, staking the ETFS token allows holders to get up to 36% returns and up to 87% in APR yield.
Traders who hold the ETFSwap (ETFS) token get to enjoy discounts on trading fees, access to exclusive investment opportunities, new ETF listings, and tools like ETF Tracker to track asset performance. Additionally, every ETFS holder enjoys voting rights that give them a say in the development direction of the ETFSwap ecosystem as community members.
Rollblock (RBLK), a GameFi token, has suffered what may be a decline following the current market condition. Rollblock (RBLK) saw a reduction in token purchases within the past few days, losing momentum despite being touted to perform well.
The Rollblock (RBLK) team recently increased its token price by over 40% from an initial price of $0.01 to $0.014 as it enters the next presale stage. Experts think the sudden surge in Rollblock (RBLK) price may have contributed to the decline in purchases.
DTX exchange, a platform known for combining CEX and DEX features, has recently struggled with the sale of its native token. The DTX exchange token that has been predicted to likely hit $1 million in sales by June 2024 has not found its way past $700k.
Analysts think the recent decline in the world of altcoins has affected top ones such as Ethereum (ETH) and Solana (SOL) and has also affected some cryptocurrencies in the presale stage just like DTX exchange (DTX).
While it's natural that cryptocurrencies conform to market patterns as in the case of DTX exchange (DTX) and Rollblock (RBLK), certain ones that stand out such as ETFSwap (ETFS) are known to offer outstanding value and utility. And it's the reason why investors will keep buying regardless of general market conditions. Join the ETFSwap (ETFS) ongoing presale selling at $0.0183.
For more information about the ETFS Presale:
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Disclaimer: Analytics Insight does not provide financial advice or guidance. Also note that the cryptocurrencies mentioned/listed on the website could potentially be scams, i.e. designed to induce you to invest financial resources that may be lost forever and not be recoverable once investments are made. You are responsible for conducting your own research (DYOR) before making any investments. Read more here.
