The recent crypto market downturn has devastated many investors, with even the most popular meme coins like Dogwifhat and FLOKI experiencing significant losses. In a surprising turn of events, some millionaires holding these meme coins are now turning to the more market-appealing and stable investment vehicle of ETFSwap (ETFS) to recover their losses.
Millionaires Target ETFSwap (ETFS) As Their Next Investment
The last seven days have undoubtedly been difficult for Dogwifhat and FLOKI millionaires as the meme coins suffered a huge decline. It’s a different scenario for ETFSwap (ETFS), which saw a 10.8% increase in the last seven days, rising from $3.2 million to $3.59 million in its ongoing presale sales. The increase, despite the wide sell-off in the crypto market, has attracted many investors to this crypto token. An expert has attributed the rise of the ETFSwap (ETFS) token to its appealing offerings and exciting opportunities in the market.
The ETFSwap (ETFS) token known by the community as the ETFS is the native token of the ETFSwap (ETFS) trading platform. The ETFSwap (ETFS) platform, one of the key reasons for the recent uptick of its native token, is a DeFi platform for trading exchange-traded funds (ETFs) on the blockchain. The platform is the first to introduce the trading of real-world ETFs in sectors like technology, health, transportation, and oil & gas, among others, on the blockchain. With the ETFSwap (ETFS) trading platform, investors from many regions can seamlessly purchase tokenized ETFs right on the blockchain; no fiat or complex systems are required. The platform also features a perpetual trading system that allows users to trade ETFs.
With this unique and profitable approach to ETF trading, about 500,000 people are on the waitlist for the beta version of the ETFSwap (ETFS) trading platform which the KYC verified ETFSwap (ETFS) team is set to launch soon. This amount of interest shows the huge market appeal of ETFSwap, and it’s unsurprising as the ETF market has been busy lately and is also valued at trillions of dollars. This interest has trickled down to the ETFSwap (ETFS) native token. The ETFS token plays a huge role on and off the Defi platform. The utilities of the ETFS token have added to its success in the ongoing presale. Over 300 million tokens have been sold as of press time, and $3.59 million has been raised. As Dogwifhat and FLOKI millionaires turn to ETFSwap (ETFS), the presale is set for another pump in the coming days.
Some utilities of the ETFS token include:
Earning Opportunities
When staked, the token gives up to 36% returns on investment. Additionally, investors can enjoy up to 87% APR yield by buying and holding the token.
Voting Rights
The token holders get to have a say in the growth direction of the ETFSwap (ETFS) ecosystem.
Premium Access
Holding the token as a trader is access to ultra-powerful ETF AI trading tools on the ETFSwap (ETFS) platform.
Discount Benefits
There is a discount on transaction fees for token holders.
Dogwifhat (WIF) and Floki (FLOKI) Lead The Meme coins Decline
The meme coins market has declined over the past few months; however, the last seven days have been severe, with Dogwifhat (WIF) among the worst-performing meme coins. Dogwifhat (WIF) decreased by 26% from August 26 until writing. Floki (FLOKI) has also lost its place among the top five meme coins.
The Huge decline of these memecoins comes after a wide sell-off of several memecoin. Dogwifhat (WIF) and Floki (FLOKI) Millionaires have recorded a huge loss and are switching their investment to ETFSwap (ETFS) to recoup losses incurred through Dogwifhat (WIF) and Floki (FLOKI). With the recent 15 billion sell-off of Floki (FLOKI), according to a Spot On Chain report, the memecoin’s road to recovery will be a long ride.
Conclusion
The reduced community hype and lack of utility may see Dogwifhat (WIF) and Floki (FLOKI) plummet further. Like the millionaires turning to ETFSwap (ETFS), now is the time to accumulate the ETFS token, which still sells for $0.01831 and is set to rise by 3,000% on launch.