On May 21, 2024, Robert F. Kennedy Jnr, a Pro Bitcoin (BTC) republican candidate in the US presidential race, purchased $24,000 worth of GameStop (GME) shares as an indication of his support for US retail investors. Ethereum coin, ETFSwap (ETFS), also made the list as the leading crypto ICO for 2024.
Ethereum Coin ETFSwap (ETFS) Is Top Choice For Crypto Advocates
Among the foremost US presidential candidates, Robert F. Kennedy Jnr is more open to the crypto industry and investments. He shows this by pouring hundreds of thousands of dollars into digital assets and even stated last year that he bought 2 Bitcoin (BTC) each for his seven children.
Further, the presidential candidate undoubtedly considered an investment in ETFswap (ETFS), an innovative crypto platform built on the Ethereum (ETH) network to democratize exchange-traded funds (ETFs) with tokenization. The platform appeals to risk-averse investors with its comprehensive trading platform, which boasts 24/7 liquidity and real-time trading data, enabling traders to make well-informed decisions before investing.
The platform provides a range of valuable trading tools, such as ETF Tracker and Finder, to help investors find and track the best ETFs to add to their portfolios. All of this is done in a completely decentralized platform, meaning users do not have to undergo strenuous KYC processes to leverage all that the platform has to offer.
ETFSwap (ETFS) has been certified as safe and secure by world-renowned blockchain security expert Cyberscope, who thoroughly audited its smart contracts for vulnerabilities but found no underlying severe conditions that would make them porous to attacks. Also, traders will greatly benefit from its 50x leverage offering on trading and fractional ownership features, enabling them to increase their earnings and amplify their portfolios.
The platform will also allow seamless conversion of ETFs to fiat and crypto assets, an option not readily available for ETFs in traditional financial institutions. An interesting thing about the platform is its native token, ETFS, which is designed as a deflationary token, enabling it to remain relevant in a highly competitive market.
Presidential Candidate Robert F. Kennedy Jnr Buys GameStop (GME)
ETFSwap (ETFS) is not the only asset on the presidential candidate’s radar as Robert F. Kennedy Jnr purchased GameStop (GME) stock on the world-renowned stock exchange NYSE, effectively joining the list of investors propelling the meme stock mania. Meme stocks similar to meme coins gain popularity through social media, mainly based on internet memes circulated among retail investors.
Following the massive purchase, GameStop (GME) rallied by 4%; however, it is unclear whether it was Robert’s actions or the high-scale volatility plaguing the asset. While the 4% increase was relatively small, it is significant because the stock has lost over 67% of its value, erasing gains it made last week when it surged by 180%.
The price surge was pinned on the re-emergence of Roaring Kitty, who spearheaded the GameStop (GME) stock rally in 2021. During the rally, the stock went from barely $5 to $120 in just three weeks, rising by over 2,000%, but this time, the rally was short and was quickly replaced with a downtrend in price, leaving investors with severe losses to nurse.
By making investments in meme stocks such as GameStop (GME), the Republican presidential candidate is taking the sides of retail investors over institutional investors who derive profit from the failure of stock companies, and in an X (formerly Twitter) post, vowed to deal with such predators if he is elected in the upcoming elections in November 2024.
Final Thoughts On ETFSwap’s Ongoing Presale Event
Robert F. Kennedy Jnr’s investment in GameStop (GME) has propelled a push for better investment alternatives, and crypto investors have found the best Ethereum coin. ETFswap (ETFS) is currently holding a presale event to enable early investors to position themselves for maximum profits. The Ethereum coin is currently trading at a relatively low price of $0.00854 per coin. However, by stage 2, the price will increase to $0.01831, resulting in automatic profit for stage 1 investors.
Also, experts expect a 20,000% surge in price that will soon take the token to the $3 mark, underscoring yet another important aspect of the platform’s long-term durability.
For more information about the ETFS Presale:
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