The crypto space has continued to produce new millionaires, with several individuals making life-changing money from different cryptocurrencies. The flagship crypto, Bitcoin (BTC), has led the way in this regard, creating wealth for thousands of individuals over the last year. However, the new Ethereum token ETFSwap (ETFS) will create even more crypto millionaires soon enough.
Bitcoin Created 43,000 New Crypto Millionaires In The Last Year
Recent data from Henley Global shows that Bitcoin created over 43,000 new crypto millionaires in the last year. The number of Bitcoin millionaires rose by 111% during this period and currently stands at 85,400. This significant growth in the number of Bitcoin millionaires is thanks to the rally in Bitcoin’s price, as the flagship crypto has enjoyed a gain of over 127% during this period.
Bitcoin’s rally has been primarily because of the US Spot Bitcoin ETFs, approved earlier this year, as the crypto rose to a new all-time high (ATH) of $73,000 two months later. Meanwhile, it is also worth mentioning that Bitcoin also created new billionaires in the last year, with Bitcoin billionaires rising by 88% to 11 individuals at the moment.
ETFSwap (ETFS) Will Create More Crypto Millionaires
ETFSwap (ETFS) is set to create more crypto millionaires than Bitcoin (BTC) in this second half of the bull run. Analysts project that the Ethereum token will enjoy up to a 20,000% price gain when the bull run comes into full force. This projection is based on the token’s outstanding utility, which is set to catch the attention of many investors.
The Ethereum token is the native token of the ETSwap investment platform, which tokenizes exchange-traded funds (ETFs) and enables them to be traded onchain. Investing in these ETFs on the decentralized trading platform is more cost-effective than using centralized trading platforms.
ETFSwap (ETFS) holders also get to invest at reduced costs on the decentralized finance (DeFi) platform. Those looking to invest in these tokenized ETFs simply need to swap the Ethereum token for their desired ETF. Investors can also swap the token for other crypto assets and commodities on the ETFSwap platform.
The Ethereum token undoubtedly makes investing more straightforward. Investors will be able to gain exposure to all asset classes as ETFS acts as the bridge between DeFi and traditional finance (TradFi). It is worth mentioning that the ETFSwap platform offers 24/7 market coverage. As such, ETFS will witness an impressive amount of demand as investors always look to access traditional markets.
The Ethereum token is also set to enjoy impressive demand worldwide since ETFSwap’s decentralized nature means that anyone from anywhere in the world can now access stock exchanges like the New York Stock Exchange (NYSE) and Nasdaq without limitations. In addition to providing access to traditional and crypto assets, ETFSwap (ETFS) offers several other benefits, especially for holders.
Holders of the Ethereum token earn passive income by staking their tokens and providing liquidity on the platform for token swaps. Those who stake ETFS can earn up to 80% annual percentage yield (APY) on their staked tokens. Liquidity providers also earn up to 30% of the fees from token swaps. Meanwhile, holders enjoy exclusive access to investment opportunities like ETFSwap’s ETF, which will launch in 2025.
ETFSwap’s (ETFS) bullish outlook is also due to the well-experienced team behind the project. SolidProof has verified and certified them for their proven track record. As such, they can take the Ethereum token to such projected heights.
Conclusion
With ETFSwap (ETFS) still selling at an affordable price of $0.01831, anyone can easily become a crypto millionaire as they stand to make a 200x return on their investment. However, the key to enjoying maximum gains from ETFSwap (ETFS) is to buy the Ethereum token before its price takes off.
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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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