In a staggering move that caught headlines, a crypto whale picked PEPE and a new Ethereum-based token, ETFSwap (ETFS), for an $11 million investment. This move signals a surging interest in PEPE amid volatile market conditions and optimism for a meme coin rally.
On the other hand, ETFSwap (ETFS), an Ethereum-based token, has been at the center of new market investments, and investors continue to capitalize on its amazing prospects.
Crypto Whale Makes Massive PEPE Withdrawal
Spot On Chain, a crypto analysis platform, spotted a withdrawal of over 1.2 trillion PEPE tokens from Binance to a fresh wallet. This $10.4 million worth of tokens was transferred over two transactions while PEPE is exhibiting promising market trends. Transactions like this are believed to be positive events and often a buy signal for market watchers.
PEPE’s frog-themed meme caught the attention of several market enthusiasts during its meteoric rise in May 2023. A few weeks after launch, the meme coin rose to over $1.8 billion in market cap, followed by a prolonged bearish trend for the rest of the year. PEPE resurged in March 2024 and has been rallying, overshadowing its previous run in 2023.
As of this writing, PEPE is priced at $0.00000853 with a $3.5 billion market cap, which puts it only behind Dogecoin (DOGE) and Shiba Inu (SHIB) as the third-largest meme coin by market cap. PEPE has also been a top pick for investors in the past several months, considering its price range compared to both meme coins mentioned earlier.
The Pepe the Frog meme is a staple internet meme, and several experts theorize that the meme coin has the potential for higher price ranges due to the meme’s relatability to the average person. However, whale activity on ETFSwap (ETFS) puts the new Ethereum-based token ahead of PEPE as investors look to make over 5,000% gains on the ETFS presale.
Ethereum-Based ETFSwap (ETFS) Presale Could Launch A 5,000% Rally
The crypto market has great precedent as the financial market for huge gains, and projects like ETFSwap (ETFS) live up to many investors’ expectations. ETFSwap (ETFS) is grabbing attention with its unstoppable presale rally, while Stage 1 spots continue to sell out fast.
ETFSwap (ETFS) is a new Ethereum-based DeFi platform for redefined tokenized ETF trading, market making, perpetual trading, and other DeFi solutions. Tokenized ETFs on the blockchain offer more flexibility in investments and seamless portfolio diversification while enabling a platform combining the best aspects of traditional finance with decentralized finance.
Furthermore, the new platform allows quick conversion of ETFs to crypto assets, access to liquidity, quick settlement, passive income from staking ETF assets, and much more. ETFSwap (ETFS) will enable global accessibility to various ETF types from several industries. Consequently, this also allows for fractional ownership of ETF assets, allowing users to invest in assets typically requiring a substantial amount of money.
The benefits of tokenizing assets on the blockchain are endless, and they have drawn the interest of giant firms like BlackRock, Franklin Templeton, Grayscale, etc. These firms were approved to offer Spot Bitcoin ETFs earlier this year and are looking to expand to more tokenized assets for their investors.
BlackRock already has a tokenized fund called BlackRock’s USD Institutional Digital Liquidity Fund (BUIDL), which has expanded to over $381 million to become the largest real-world asset (RWA) tokenized offering, but ETFSwap (ETFS) is on track to surpass it.
As such, ETFSwap (ETFS) emerges as an early participant in the tokenized assets market, projected to be worth over $10 trillion by 2030. ETFS investors stand a chance to reap massive profits when they get in early on presale to buy the token for cheap.
Stage 1 of the ETFSwap (ETFS) has already sold out over 60 million tokens and continues to move at an unprecedented pace. So get in now for $0.00854 per ETFS token before the price increases to $0.01831 in the next presale stage.
For more information about the ETFS Presale:
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