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SirWin
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SirWin

Experts predict that ETFSwap will replicate Fantom and Cardano’s success

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Experts predict that ETFSwap will replicate Fantom and Cardano’s success

Disclosure: The views and opinions expressed here belong solely to the author and do not represent the views and opinions of crypto.news’ editorial.

ETFSwap (ETFS) is taking pointers from Fantom (FTM) and Cardano (ADA) as it prepares to surpass the success of both tokens in the digital market.

Fantom (FTM) and Cardano (ADA) are DeFi cryptos that continue attracting investors. The collective success of both tokens results from certain peculiarities that analysts are beginning to notice in ETFSwap (ETFS). They believe that the newcomer has what it takes to replicate the success of its predecessors, Fantom (FTM) and Cardano (ADA).

Fantom and its durability in the DeFi market 

Fantom is a versatile and lasting platform in the blockchain industry. As a DeFi crypto, Fantom provides ledger services to various digital businesses and decentralized applications. 

One reason investors are bullish about the Fantom network is its complete decentralization. With Opera’s adoption, its users and developers can run code for building DApps, securing fast transactions, and a host of other things.

According to CoinLore, when Fantom first launched in June 2018, it sold at $0.0182 per token. In October 2021, this token reached an all-time high of $3.24, yielding notable returns for investors. 

Experts count Cardano as a token worth emulating 

Seven years after its launch, Cardano continues to be a successful token in the digital market. Originally designed as an evolution of the Ethereum blockchain, Cardano made a name for itself through its flexibility, efficiency, and phenomenal success. 

One of Cardano’s innovative features is that it allows smart contract executions on its platform, enabling the development of a myriad of DeFi apps. Widely known for its proof-of-stake consensus system, Cardano enables token miners to contribute fresh data to its blockchain. 

At launch, the price of the Cardano (ADA) token was $0.0024, which later reached an all-time high of $3.09 in 2021.

ETFSwap, could be a prominent creation in crypto

ETFSwap (ETFS) is the latest addition to the crypto sphere whose primary aim is to democratize access to crypto and traditional exchange-traded funds (ETFs). In addition, it seeks to increase investment opportunities for investors seeking to diversify their portfolios while making more earnings. 

The platform tokenizes over 2,000 existing ETFs for easy trading on the blockchain. It allows crypto investors to swap between these ETFs and cryptocurrencies seamlessly, as well as allowing trading with fiat currencies as well.

In its mission to ensure access for all, ETFSwap does not require Know Your Customer (KYC) for users to access its platforms. Trading is as easy as signing up and/or connecting a DeFi wallet to take advantage of its unique features.

The platform has been thoroughly audited by blockchain security company CyberScope, which has certified it as safe to use and interact with. Coupled with the blockchain, this ensures the complete safety and privacy of ETFSwap’s users.

Additionally, the platform expands its offerings with its leverage features. This allows users to access up to 10x leverage on all listed assets, such as crypto pairs, and up to 50x leverage for all listed ETFs. This offering promises to help investors make as much money as possible.

The ETFS token powers the ETFSwap ecosystem, and holding it is required to trade on the DeFi platform. As a way to provide early access to investors, ETFSwap is currently offering its native ETFS token at an affordable price of $0.00854 in Stage 1 of its presale.

Crypto investors have recognized the potential for long-term wealth and are purchasing the coins. So far, over 85 million tokens have been sold out, and the platform has raised more than $1.5 million in just one week between its private sale and its public presale.

In the second stage of the presale, the price is expected to jump 2x to $0.01831. As experts predict the price to reach $4, investors can see their $1,000 investment turn into $400,000.

For more information about ETFS Presale, visit the official website or join the online community.

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