Solana
ETFSwap (ETFS) beats Ethereum (ETH) and Solana (SOL) as the largest crypto ICO in history
Several crypto industry heavyweights, including titans like Ethereum (ETH) and Solana (SOL), have held ICO events to showcase their tokens to the crypto community, and savvy investors have been able to make the most of these events to increase their portfolio. However, recently, experts have set their sights on another platform, ETFswap (ETFS)currently offering its token in a public ICO, speculating that it will surpass Ethereum (ETH) and Solana (SOL) records.
Ethereum (ETH) hits 2% with $150 million liquidation
According to data from cryptocurrency futures and insights tracking platform CoinGlass, Ethereum (ETH), the second-largest asset in the crypto market, has decreases by 2%, falling below $3,000 and fueling a new wave of liquidations amounting to more than $150 million. Other assets, including cryptocurrency king Bitcoin (BTC), influenced the massive selloff as it plunged below $63,000, highlighting bearish sentiment in the crypto market.
The current unstable nature of Ethereum (ETH) is partly due to its conflict with the United States Securities and Exchange Commission (SEC), which has labeled it a security. The SEC’s action prompted Grayscale, one of the pioneers in offering deposited spot Bitcoin ETFs, to withdraw its application for an Ethereum futures ETF.
In July 2014, Ethereum offered ETH, its native token, in an ICO that lasted 42 days at $0.32 per coin, and with the token’s current price, early investors were able to get a return on investment (ROI) of more than 9,000%.
Currently, Ethereum (ETH) is trading at $2,902, moving more than 40% away from its all-time high, according to data from the asset tracking platform. Coinmarketcap.
Analysts think this is the last drop for Solana (SOL)
The pseudonymous analyst Immortal has projected that Solana (SOL) is now poised to hit a new all-time high of $320 in 2024. Immortal has this sentiment because Solana (SOL) bulls defended the $120 support level during the recent severe market correction. If SOL follows the analysts’ trajectory, it will have to rise by around 110% with its current price.
Even though analyst predictions seem too good to be true, cryptocurrencies are volatile assets that can see a massive price rise in a short period of time. Additionally, when Solana (SOL) offered the token during its public ICO event in March 2020, it was worth $0.22 per coin.
With Solana (SOL) currently trade at $146, investors who purchased it at the ICO realized a return on investment (ROI) of over 72,000%.
ETFSwap (ETFS) to Surge 20,000% in ICO Price
ETFswap (ETFS) is a crypto platform that aims to facilitate the seamless trading of all exchange-traded funds (ETFs) on the blockchain through asset tokenization. To facilitate trading of tokenized ETFs on-chain, ETFswap (ETFS) has provided tools such as ETF Filter, which will help traders locate specific ETFs by applying certain search parameters.
Additionally, the ETFswap filter will act as a DEX filter with an extensive ETF database, helping users to study each ETF carefully before investing. A special feature of ETFswap (ETFS) is its native ETFS token, which will create access to trading tokenized ETFs and benefit from other platform features such as staking. Users who hold the token can generate passive income by making their tokens available to the platform’s staking pool.
Currently, ETFswap (ETFS) is offering the token in its public sale at $0.00854 per coin in stage 1 and stage 2 it will increase to $0.01831, indicating automatic profit for all investors in stage 1. The icing on the cake, experts expect a sharp rise in ETFS 20,000% up to the $3 markoffering all early investors a huge return on their investments.
Given the potential of the DeFi platform, analysts predicted that it would be the largest ICO in crypto history, with returns surpassing those of Ethereum (ETH) and Solana (SOL).
For more information on the ETFS presale:
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