Dogecoin Whales Spend $112 Million Buy DOGE And This Revolutionary Crypto Presale
Dogecoin (DOGE) has caught the attention of crypto whales, with this category of investors accumulating a significant amount of the foremost meme coin these past few days. However, Dogecoinisn’t the only coin these whales have been going all in on, as they have also chosen to participate in this life-changing ETFSwap (ETFS) crypto presale.
Dogecoin Whales Spend Heavily On ETFSwap (ETFS) Crypto Presale
Dogecoin whales have spent heavily on ETFSwap’s (ETFS) ongoing crypto presale, accumulating over 160 million tokens from stage 1 of the crypto presale alone. These whales are believed to be positioning themselves ahead of the parabolic price surge that the ETFSwap (ETFS) crypto presale is set to enjoy.
ETFS is the native token of the blockchain-based investment platform ETFSwap, which tokenizes exchange-traded funds (ETFs) and enables them for on-chain trading. Given the platform’s revolutionary technology, it looks primed for significant moves to the upside.
The platform is changing the narrative and simplifying how investors invest in traditional and assets. By bridging the gap between traditional finance (TradFi) and decentralized finance (DeFi) using the ETFS token, ETFSwap offers users the opportunity to invest in both asset classes in one place.
Users can simply convert the ETFSwap (ETFS) token to any ETF of their choice. Likewise, they can swap the token for other assets in which they wish to invest. Investors can also easily diversify their portfolio by converting their crypto or ETF holdings to the ETFS token and then rotating to either cryptocurrencies or ETFs.
Investing on the ETFSwap (ETFS) platform is also straightforward, as Know-Your-Customer (KYC) requirements are non-mandatory. This allows users to get started achieving their investment goals in record time. Investors can also rest assured that they are trading in a safe and secure environment.
The DeFi platformallows users to trade anonymously by integrating zero-knowledge (zk) proof technology on the platform. This allows the platform to confirm an investor’s personhood without obtaining any additional information about the user. This helps safeguard users from the prying eyes of the government and regulators.
ETFSwap (ETFS) is also more secure than centralized trading platforms, thanks to its integration of blockchain technology. The platform is built on the Ethereum (ETH) network, one of the most secured blockchain networks in the crypto space. ETFSwap (ETFS) also taps into the unparalleled liquidity on the Ethereum (ETH) network to ensure that users trade seamlessly.
The platform also offers market-making services. As such, users can rest assured that there is ample liquidity on ETFSwap (ETFS) to meet all their bid and ask spreads. Meanwhile, thanks to its perpetual trading services, investors can trade these assets without an expiration date.
Dogecoin (DOGE) Whales Add To Their Positions
Analyst Ali Martinez revealed in an X (formerly Twitter) post that Dogecoin (DOGE) whales have bought over 700 million Dogecoin over the last few days. Like ETFSwap (ETFS), these whales also look to position themselves ahead of a significant price gain for the foremost meme coin.
Dogecoin (DOGE), currently trading at around $0.16, is one of the few meme coins yet to rally like the rest of the pack. Instead, Dogecoin has maintained a bearish outlook, down over 6% in the last seven days. Martinez also suggested a significant price surge was on the horizon for the meme coin.
The crypto analyst noted that Dogecoin’s current market sentiment is as bearish as it was in early February, just before the meme coin skyrocketed by 200%. Meanwhile, crypto analyst Michaël van de Poppe also shared his bullish sentiment towards Dogecoin, stating that it is a “safe bet” to have in this cycle.
Conclusion On More Reasons To Be Bullish On ETFSwap (ETFS) Crypto Presale
Whales investing in ETFSwap’s (ETFS) crypto presale are bound to make significant returns on their investments because certain narratives favor the token. One of these narratives is the crypto ETFs narrative. A lot of attention will turn to the ETFSwap (ETFS) ecosystem once the Spot Ethereum ETFs launch since these funds will be tokenized and made available on the investment platform.
For more information about the ETFS Crypto Presale:
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About The Author
Gregory, a digital nomad hailing from Poland, is not only a financial analyst but also a valuable contributor to various online magazines. With a wealth of experience in the financial industry, his insights and expertise have earned him recognition in numerous publications. Utilising his spare time effectively, Gregory is currently dedicated to writing a book about cryptocurrency and blockchain.
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Gregory, a digital nomad hailing from Poland, is not only a financial analyst but also a valuable contributor to various online magazines. With a wealth of experience in the financial industry, his insights and expertise have earned him recognition in numerous publications. Utilising his spare time effectively, Gregory is currently dedicated to writing a book about cryptocurrency and blockchain.
