Investing in traditional cryptocurrency forks looks to be a profitable endeavor as the bull market returns with much vigor. This is because investors know that these forked crypto tokens can benefit from the attention that the original crypto tokens enjoy. This phenomenon explains why the prices of Bitcoin Cash (BCH) and Ethereum Classic (ETC) are currently enjoying an upward trend.
However, investors also understand that this narrative cannot be sustained and are now looking for unique tokens that can generate enough buzz on their own. This search has led them to the ETFSwap ($ETFS) token, which analysts have asserted could emerge as one of the best-performing assets in this bull market.
The emergence of traditional cryptocurrency forks is often accompanied by speculation and market excitement. Bitcoin Cash (BCH) and Ethereum Classic (ETC) have benefited from this speculative hype surrounding their respective forks. Besides the hype, Bitcoin Cash (BCH) and Ethereum Classic (ETC) have a very limited token supply, which has helped increase their value over time.
Additionally, the need for technological advancements and innovation has contributed to the increase in the value of Bitcoin Cash (BCH) and Ethereum Classic (ETC) since their respective hard forks. Hard forks usually occur due to the desire to implement new features or improvements to the underlying blockchain technology, which investors consider bullish for an ecosystem.
The innovations that Bitcoin Cash (BCH) and Ethereum Classic (ETC) have implemented are undoubtedly evident. On the one hand, Bitcoin Cash (BCH) introduced larger block sizes to improve transaction processing times and scalability, addressing a longstanding challenge faced by the Bitcoin (BTC) network.
On the other hand, Ethereum Classic (ETC) maintained the original Ethereum (ETH) blockchain, preserving its immutability and decentralization principles. Therefore, it is no surprise that some investors have even invested their funds in Bitcoin Cash (BCH) and Ethereum Classic (ETC) rather than Bitcoin (BTC) or Ethereum (ETH).
However, there is no denying that narratives play a major factor in the crypto industry, and Bitcoin (BTC) and Ethereum (ETH) will most likely always have an edge over Bitcoin Cash (BCH) and Ethereum Classic (ETC) since they both have a first-mover advantage.
That is why investors are solely focused on ETFSwap ($ETFS), a token that isn’t overshadowed by any other coin and stands alone in a class of its own. Furthermore, given ETFSwap’s ($ETFS) first-mover advantage, it has the potential to make a run similar to that of Bitcoin (BTC) and Ethereum (ETH).
ETFSwap ($ETFS) is a Decentralized Finance (DeFi) platform that enables ETF trading on-chain. It’s the first of its kind and promises to raise the bar for existing DeFi platforms and ones yet to come. The platform has several offerings, such as web3 users getting the opportunity to invest in a wide range of exchange-traded funds (ETFs).
Unlike the stock market, which has opening and closing times/days, ETFSwap ($ETFS) runs 24/7, meaning that anyone can invest in any ETF of their choice at any time and easily swap these ETFs back to crypto tokens whenever they want. The platform is also highly liquid, so there is no fear of suffering slippage loss.
Meanwhile, crypto traders can now increase their gains exponentially with the 10x leverage that the ETFSwap ($ETFS) platform offers. This allows users to increase their earning potential even if they have a small portfolio by allowing them to use up to 1000% of their original capital to trade. With such offerings and benefits, it is clear why investors are accumulating the ETFSwap ($ETFS) token at such a fast pace.
The DeFi platform has already raised $750,000 from private investors, and over 5.4 million tokens have been sold so far in its presale. The first presale stage for the ETFSwap ($ETFS) token is still ongoing, and each token costs $0.00854. There is no better time to invest in ETFSwap ($ETFS) than now when the price is low!
For more information about the ETFS Presale:
Disclaimer: This is a sponsored press release for informational purposes only. It does not reflect the views of Times Tabloid, nor is it intended to be used as legal, tax, investment, or financial advice.
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