Bitcoin’s (BTC) recent foray into new all-time highs has seen various cryptocurrencies growing to reach new price levels over multiple-year timeframes. Notable among cryptocurrencies attaining new price levels are VeChain (VET) and Pepe (PEPE), with investors now looking at their feasibility of reaching the $1 mark. At the same time, $ETFS has recently attracted considerable interest, with its utility showing it could eventually reach the coveted price mark first.
This article endeavors to examine the complexities of $ETFS, evaluating its usefulness, drawing comparisons with VeChain (VET) and PEPE, and investigating its potential for expansion on the road to reaching the $1 mark.
ETFSwap ($ETFS)
$ETFS is a trade-to-earn utility token created specifically for the ETFSwap ($ETFS) platform. ETFSwap is a decentralized finance (DeFi) platform that’s linking the world of ETF investments and the crypto industry. Built on the Ethereum network, ETFSwap ($ETFS) leverages smart contracts to enable users to trade and swap tokenized ETFs representing various assets, including cryptocurrencies, stocks, commodities, and more.
One of the key features of ETFSwap is its utility in providing exposure to traditional financial instruments within the realm of decentralized finance. By tokenizing ETFs, ETFSwap ($ETFS) facilitates seamless access to a diverse range of assets, allowing users to diversify their investment portfolios without the need for traditional intermediaries.
Currently, in its presale phase, ETFSwap ($ETFS) offers its native token, $ETFS, at a discounted price before its official launch. The presale of ETFSwap ($ETFS) allows individuals to gain exposure to a token with real-life utility in a promising startup, offering an extraordinary opportunity for profit as ETFs continue to surge in popularity. Early investors have already begun participating in the initial presale round, resulting in the sale of over 11 million $ETFS tokens.
VeChain (VET)
Vechain (VET) is the major utility token for VeChain (VET), a smart-contract blockchain platform looking to onboard business chain supply onto blockchain technology. Interestingly, Vechain (VET) has experienced considerable growth since the beginning of the year, allowing it to reach a two-year high of $0.05141 in March. Investors who held VET during this rally recorded considerable gains.
This massive gain and utility have prompted investors to look at the possibility of Vechain (VET) reaching the $1 mark in the current bull cycle. However, according to Changelly, VeChain (VET) won’t reach $1 until February 2032.
Recent price action has seen VeChain (VET) struggling to cross above $0.047, with the crypto’s daily trading volume decreasing by 43% over the past two weeks, dropping from $137 million to $78 million.
This notable decline in VET’s trading volume provides insight into the diminishing interest among investors. However, some fervent investors are still bullish on the crypto’s price trajectory.
Pepe (PEPE)
PEPE is a popular meme coin that recently came into the limelight last year to make its early investors crypto millionaires overnight. Spearheaded by Bitcoin’s (BTC) run, PEPE witnessed a price surge in the first quarter of the year which saw it reaching a new all-time high of $0.0000106 in March.
The appeal of PEPE lies in the novelty, popularity, and hype around meme coins. At the same time, PEPE’s utility is primarily confined to the meme coin market, which may limit its long-term viability compared to more versatile platforms like ETFSwap ($ETFS).
At the time of writing, PEPE is trading at $0.000007088, and the vast number of zeros implies reaching the $1 mark would necessitate a lot of work, only entering the realm of possibility decades from now. Particularly, this would require a 14,000,000% price surge from the current price level, which would be almost impossible. According to Changelly, PEPE won’t break the $1 mark until 2040.
ETFSwap ($ETFS) Leads The Charge To $1
ETFSwap ($ETFS) has emerged as a highly promising cryptocurrency project in the rapidly changing crypto landscape. Its unique features and growth potential make it an attractive investment opportunity.
Given the presale opportunity and the future prospects of ETFSwap ($ETFS), investors are already increasing their investments in this DeFi project compared to other altcoins like VeChain ($VET) and PEPE.
ETFSwap’s ($ETFS) current presale has seen notable adoption from institutional crypto investors as they flock to take advantage of this first-mover decentralized finance (DeFi) platform. The upside for this Ethereum-based coin is limitless, with analysts predicting its price will reach $1, which is an 11,600% increase from its current presale price.
The ongoing presale is currently offering tokens at a price of $0.00854, and participants have the opportunity to receive an additional 18% bonus by using the promo code “ETFS18.” For investors who are unable to participate in the initial presale round, there is still an opportunity to join the second round at $0.01831 per token.
For more information about the ETFS Presale:
Disclaimer: This is a paid release. The statements, views and opinions expressed in this column are solely those of the content provider and do not necessarily represent those of NewsBTC. NewsBTC does not guarantee the accuracy or timeliness of information available in such content. Do your research and invest at your own risk.
