.png){kind=logo}
Some crypto traders have made life-changing gains and become millionaires from investing in several coins. One of them is this crypto trader who successfully flipped $366 into $1.2 million thanks to his investment in the Moo Deng meme coin. Interestingly, this crypto trader revealed that he is accumulating the Ethereum token ETFSwap (ETFS) in its ongoing presale.
The crypto trader who made $1.2 million from the Moo Deng meme coin revealed that he is accumulating the Ethereum token ETFSwap (ETFS). The crypto trader further mentioned that he was investing in the Ethereum token because he is confident that it can be one of the best performers in this bull run because of its incredible utility.
The Ethereum token is the native token of ETFSwap, a decentralized investment platform that tokenizes exchange-traded funds and enables them to be traded on-chain alongside cryptocurrencies. This will be a first-of-its-kind offering, which is another reason the crypto trader is confident that the Ethereum token will enjoy a lot of demand.
ETFSwap (ETFS) will provide an easier way for investors to diversify their portfolios since they will now be able to gain exposure to several asset classes on the ETFSwap platform using the Ethereum token. Users will simply convert the token to their desired asset. They can also convert their ETFs to crypto and vice versa using ETFS. Meanwhile, the Ethereum token also provides access to other commodities on the platform including gold, silver, cotton, rubber, and crude oil, among others.
ETFSwap’s decentralized nature means that investors will be able to invest in the traditional markets from anywhere in the world without the limitations of the traditional systems. Unlike centralized trading platforms, there are no Know-Your-Customer (KYC) requirements on the ETFSwap platform, meaning that investors can start investing quickly.
The decentralized finance (DeFi) platform also boasts other exciting features that make it stand out from centralized trading platforms and become the go-to platform for trading ETFs. For instance, investors will be able to stake their ETFs and earn passive income. This staking feature will go live once phase 2 of the beta platform goes live.
Meanwhile, the platform offers perpetuals for ETFs. Investors can hold derivative contracts of these ETFs that allow them to bet on the future prices of these assets without expiration. This also serves as a hedge against their investment in the underlying asset. ETFSwap (ETFS) will offer up to 50x margin on their initial capital.
ETFSwap (ETFS) holders also enjoy additional benefits on the trading platform. For example, they will have exclusive access to investment opportunities like the platform’s ETF, which will launch in 2025. Holders of the Ethereum token also enjoy reduced costs on their trading activities, making ETFSwap a more cost-effective way to invest.
The ETFSwap (ETFS) team, certified by SolidProof, already revealed that phase 1 of the beta platform will go live soon enough. The thorough testing of the platform’s user interface (UI) is what is remaining before it launches. Phase 2 will go live shortly after Phase 1 and include the staking and liquidity provision features.
The crypto trader also mentioned that he has been divesting his Moo Deng profits into ETFSwap (ETFS) because he sees the Ethereum token as a haven to protect his investments. He noted utility coins like ETFS always win since they will enjoy more long-term success than meme coins like Moo Deng.
Therefore, the crypto trader plans to keep divesting his profits from meme coins like Moo Deng into ETFSwap (ETFS). So far, he has invested $100,000 into the Ethereum token. The crypto trader hinted at his plans to buy more ETFS tokens soon enough with his Moo Deng profits.
This Moo Deng crypto trader is set to make massive returns once ETFSwap (ETFS) records the 30,000% price gain that analysts predict it will enjoy in this bull market. You can also enjoy these life-changing gains by buying ETFSwap (ETFS) while the Ethereum token is still selling at a discount. Hurry now before these tokens sell out!
Join our WhatsApp Channel to get the latest news, exclusives and videos on WhatsApp
_____________
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.
