Elon Musk has once again stirred the market with a single tweet that resulted in a price surge in Dogecoin (DOGE), Harambe (HARAMBE), and the new Ethereum token ETFSwap (ETFS). Musk’s influence has become well-recognized in the crypto market, playing a significant role in the 2021 Dogecoin (DOGE) rally and subsequent price actions on the meme coin.
However, his recent tweet has sparked a frenzy on the new Ethereum-based token ETFSwap (ETFS). With attention growing on the new token, investors have quickly picked positions to earn long-term profits ahead of launch.
Ethereum-Based ETFSwap (ETFS) Token Presale Capitalizes On New Market Traction
Recent market activity fueled by Elon Musk’s tweet has spread to the emerging ETFSwap (ETFS) presale. The ongoing presale is doing massive numbers amid the growing popularity of the new coin. However, this attention that appears to be short-lived on Dogecoin (DOGE) and Harambe (HARAMBE) is fueling a presale rally on ETFSwap (ETFS).
ETFSwap (ETFS) is a new innovative platform for trading tokenized ETFs, market making, and leverage trading, among many other DeFi purposes. This new platform brings ETF assets on-chain, ranging from commodity ETFs to fixed-income ETFs, market ETFs, and the more recent crypto ETFs.
The launch of spot crypto ETFs has spurred the interest of native crypto investors in this asset type. ETFs are a much more different asset type than cryptocurrencies, operating in a centralized market. But ETFSwap (ETFS) provides a decentralized ecosystem to trade and utilize these assets in unique ways.
The new platform will facilitate quick settlements, seamless swaps between ETFs and cryptocurrencies, global accessibility to ETF assets, portfolio diversification, access to liquidity, and a much more comprehensive DeFi trading experience.
ETFSwap (ETFS) is poised to lead the future of trading, and the recent hype has enabled early presale investors to recognize the potential of the new platform.
Dogecoin (DOGE) And Harambe (HARAMBE) Price Surge On Elon Musk Tweet
Dogecoin (DOGE) ‘s price surged after Elon Musk made a tribute tweet to Kabosu. Kabosu is the Shiba Inu breed puppy that inspired the Dogecoin (DOGE) logo and has played a significant role in meme coin communities for several years. Over the years, the dog has become a staple crypto meme and can be associated with several other dog meme coins.
After Kabosu’s owner announced the dog’s passing, Elon Musk’s heartfelt tribute caused a noticeable uptick in the price of Dogecoin (DOGE). Dogecoin (DOGE) already has a volatile history with high-profile endorsements or events, and crypto enthusiasts expected a price reaction to the news.
Moreover, Dogecoin (DOGE) is particularly notable for reacting to Elon Musk’s news. Even recently, the meme coin’s price skyrocketed after X changed its logo to Dogecoin’s logo in April 2023. As of this writing, Dogecoin (DOGE) is trading at $0.1723 with a $24 billion market cap, over a 10% increase in the past week. Also, the meme coin has seen a 143% price increase in the past year, and experts believe it could see more uptrends.
However, that is not all. Elon Musk’s tweet, “OG Doge has ascended to heaven to be with his friend Harambe,” also caused a price surge on Solana meme coin Harambe (HARAMBE).
Harambe (HARAMBE) is another meme coin inspired by a gorilla from Cincinnati Zoo that had to be put down to save a three-year-old boy. While the market reaction was short-lived on Dogecoin (DOGE) and Harambe (HARAMBE), experts have noticed a quick shift from the meme coins to ETFSwap (ETFS), which promises even higher profits.
Conclusion
Price surges can often be triggered by many factors, and we see an exciting growth trend on ETFSwap (ETFS). Unlike the other meme coins in this article, ETFSwap (ETFS) has won investors over for the long term as the new platform is poised to claim a giant share of the market for tokenized and real-world assets.
You can position yourself for massive profits on the ongoing Stage 1 presale selling for $0.00854. This would be the best opportunity to get in as Stage 2 presale will begin at $0.01831, locking in over 100% profits for early investors.
For more information about the ETFS Presale:
Disclosure: This is a sponsored press release. Please do your research before buying any cryptocurrency or investing in any projects. Read the full disclosure here.