Cardano (ADA), Shiba Inu (SHIB), and JasmyCoin (JASMY) have recently seen a surge in large-transaction activity, indicating significant interest from crypto whales. Interestingly, these established players aren’t the only ones attracting major investor attention. ETFSwap (ETFS), a new DeFi project, has also caught the eye of crypto whales due to its unique platform and projections of a massive surge exceeding 40,000%.
ETFSwap (ETFS), is attracting a significant number of crypto whales due to its impressive utilities and robust infrastructure, and not just because of the discounts it offers. As a decentralized finance (DeFi) platform built on the Ethereum Blockchain network, it enables the trading of various tokenized exchange-traded funds (ETFs).
By tokenizing these traditional ETFs on the blockchain, ETFSwap (ETFS) enables seamless trading between cryptocurrencies and a wide range of financial instruments. This allows investors to gain exposure to both the crypto market and traditional asset classes through a single platform.
The platform also offers up to 50x leverage on all listed ETFs, enabling users to maximize their gains by up to 5,000%. ETFSwap’s (ETFS) transparency and robust security framework are second to none as it employs state-of-the-art cryptographic encryption of its smart contract to protect users’ funds and data.
It is no wonder Cyberscope, a leading cryptocurrency security firm, found no vulnerabilities upon audit, boosting investors’ confidence and trust. All of these outstanding features come with a transparent community governance model that allows ETFS holders to have a say in the platform’s development by voting, using their token balances, as well as earning up to 87% APR by staking their tokens.
ETFSwap (ETFS) offers features like seamless token swapping, liquidity provision, and advanced utility tools like ETF Filter, ETF Tracker, and ETF Search, which enables users to filter, track, and search profitable ETFs of interest before investing in them. These innovative elements make the DeFi platform stand out from other tokens like Cardano (ADA) Shiba Inu (SHIB) and JasmyCoin (JASMY) in the crypto space.
As reported by on-chain data platform Santiment on June 6, whale interest in Cardano (ADA), Shiba Inu (SHIB), and JasmyCoin (JASMY) has surged in the last few days. This interest, according to analysts, means that the crypto whales have returned to accumulate these coins after a lull.
The amount of $100K+ transactions on these tokens have more than doubled this week compared to the 2024 averages, signaling sudden massive accumulation by crypto whales. Whale accumulation is considered a buy signal as they tend to buy low and sell high. Cardano (ADA) whales holding between 100 million and 1 billion Cardano (ADA) have accumulated 11% to their wallets since April, now holding 6.71% of the entire Cardano (ADA) supply.
Lookonchain revealed that 9 wallets spent $35.2 million to acquire 1.356 trillion Shiba Inu (SHIB), while an unknown whale accumulated 37 billion SHIB tokens from Binance. At the same time JasmyCoin (JASMY) is also witnessing substantial buying from crypto whales and retail investors, although profit booking has been unusual during this accumulation phase.
In terms of price, Cardano’s (ADA) and JasmyCoin (JASMY) price jumped over by 4% and 56% over the week bringing their current price to $0.459 and $0.00002557 respectively. Meanwhile, in contrast Shiba Inu’s (SHIB) price fell 2% in the last 24 hours, with the price currently trading at $0.00002557.
Although Cardano (ADA), Shiba Inu (SHIB and JasmyCoin (JASMY) have seen a spike in whale activity, ETFSwap (ETFS) has spurred more interest with its unique platform and growing Presale numbers. The just concluded Stage 1 presale crossed a crucial milestone of over 200 million tokens sold and $2 million in revenue funds.
The next presale stage has just begun and each token is selling for a modest $0.01831, which is a good entry point. Analysts project ETFSwap (ETFS) to surge by 40000% once it is listed on top tier exchange platforms. With this incredible amount of profit to earn, it is no wonder it has caught the eye of crypto whales.
For more information about the ETFS Presale:
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