According to a recent JP Morgan analysis, the recent job report from the U.S. Labor Department fell short of expectations, and analysts are predicting an economic recession. The rumors of an impending recession have caused crypto whales to take drastic actions as premier coins such as Bitcoin (BTC) and Ethereum (ETH) have been hit hard. These whales are now investing heavily in ETFSwap (ETFS) as they dump their Bitcoin (BTC) and Ethereum (ETH). Why?
ETFSwap (ETFS) Could Be The Next Bitcoin (BTC) As It Takes The Market By Storm
The ETFSwap (ETFS) platform has taken the crypto market by storm despite making its debut in the crypto market just a few months ago. It came into the crypto scene with an in-demand financial service and a token that packs one of the best and market-relevant utilities. The ETFSwap (ETFS) team unveiled this trading platform after it was audited and certified safe and reliable by CyberScope. The team mentioned that ETFSwap (ETFS) operates in the trillion-dollar exchange-traded funds (ETFs) market. The platform is built to enable traders to invest in and trade ETFs on the blockchain using cryptocurrency. These ETFs are real-world class-assets MiCa-compliant investment banks offer to ensure investment security.
The platform allows perpetual trading with up to 50x leverage, and trades are available and accessible 24 hours and every day of the week. The ETFSwap ETFS platform has been built to be user-friendly; the user interface is easy to navigate, and AI investment tools are built to assist with accurate investment analysis and predictions. All these are to give users and traders a level playing field to enjoy heightened gains in the ETF market. As of press time, the number of registered users has jumped to nearly 15,000.
As stated earlier, the platform also has a native token commonly known as ETFS. The quality and offerings of the ETFSwap (ETFS) trading platform have given its native token a huge push as every registered user has bought it due to the numerous access and incentives it gives. Beyond that, however, the token also offers up to 36% yield through staking and an APR yield of up to 87%. The ETFS token also gives voting rights, which means that buying the ETFSwap (ETFS) token allows you to vote and contribute to the growth direction of the ecosystem.
The numerous offerings considered, as well as some others, are why experts have dubbed ETFSwap (ETFS) the next Bitcoin (BTC). Bitcoin (BTC) and Ethereum (ETH) whales are certain of ETFSwap’s (ETFS) growth and are dumping some of their holdings to get in early. It’s, therefore, not surprising that ETFSwap (ETFS) has sold over 350 million tokens and raised close to $3 million in its second presale stage.
Why Bitcoin (BTC) And Ethereum (ETH) Are Plummeting At A Huge Rate
Bitcoin (BTC) and Ethereum (ETH) have declined significantly over the past few days, losing over 20%. Although slowly recovering, Bitcoin (BTC) traded below $55,000. Ethereum has also declined drastically to $2,200 from the $3,000 range. This decline is a result of massive whale sell-offs as the economic conditions signal a possible recession. Thus, investors are opting for stable investments, and crypto whales are buying tokens with high potential to offset their losses.
Conclusion
It’s no surprise that some Bitcoin (BTC) and Ethereum (ETH) whales are investing heavily in ETFSwap (ETFS). Large whales always seek solid cryptocurrencies that will pump high on launch and remain relevant for a long time. And since ETFSwap (ETFS) fits the bill, more whales will offset their Bitcoin (BTC) and Ethereum (ETH) holdings to accumulate their tokens. Join the league of smart investors now and buy ETFSwap (ETFS) for $0.01831 before the price jumps.
For more information about the ETFS Presale:
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