In a world where digital currencies are revolutionizing financial operations, several new crypto projects are emerging, promising a wide variety of advantages. Among them is an Ethereum-based platform, ETFSwap (ETFS).
Based on its vision, unique infrastructure, and presale that is selling out fast, ETFSwap (ETFS) is tipped to outdo seasoned competitors Uniswap (UNI) and Raydium (RAY) by the last quarter of this year.
Can Uniswap (UNI) Sustain The Uptrend?
Uniswap (UNI), a leading decentralized finance (DeFi) platform, is currently dominating the decentralized exchange (DEX) space. The platform was created to enable peer-to-peer (P2P) market-making, allowing users to buy and invest in cryptocurrencies without the involvement of a centralized third party.
Uniswap (UNI) is experiencing an uptick in its price, and this current price increase could be due to the recently launched limit orders with no gas fee. This upgrade was made to improve user experience.
After an in-depth analysis by well-known crypto analyst Ali Martinez, he spotted a buy signal on the Uniswap (UNI) price chart, suggesting a potential upswing that may see Uniswap (UNI) hit $10 in the next few days.
However, despite the price spike, concerns linger within the Uniswap (UNI) community, as it is rumoured that Uniswap Labs faces a potential lawsuit from the SEC. Likewise, Uniswap’s (UNI) dominance in the DeFi sector has been challenged by inventive projects like ETFSwap (ETFS).
A recent report suggests that bots now represent a significant portion of trading activity on Uniswap (UNI) and might be the dealbreaker for many Uniswap (UNI) investors.
Raydium (RAY) Price Prediction
Raydium (RAY) is an automated market maker (AMM) and liquidity provider built on the Solana blockchain. Users can swap, buy, invest, and provide liquidity to earn yield on digital assets. However, unlike regular AMM platforms, Raydium’s (RAY) AMM provides on-chain liquidity to OpenBook’s central limit order book, suggesting that Raydium’s users and investors can access serum’s entire order flow and liquidity.
Over the past year, the AMM guru saw a remarkable transformation in its market activity, although summed up by significant price fluctuations. According to data on CoinMarketCap, Raydium (RAY) is valued at $1.76, reflecting a 2.1% increase in the last 24 hours. The total circulating supply of Raydium (RAY) at the time of press is 262,745,806, with a market cap of $462,260,106.
The Raydium (RAY) community is determined to push for a sustained price uptrend; however, the unique playing field offered by the new DeFi, ETFSwap (ETFS), may be a hindrance.
Ethereum-Based ETFSwap (ETFS) Outshines Competitors
There’s good news for the decentralized finance (DeFi) sector, as ETFSwap (ETFS), a new player, is set to transform the way tokenized assets are traded. The innovative platform bridges the gap between the centralized world of exchange-traded Funds (ETFs) and the decentralized ethos of DeFi inside its unique ecosystem.
At a time when Real-World Assets (RWA) are gaining momentum, ETFSwap (ETFS) is at the forefront, offering users and investors a platform to buy, trade, and invest in a wide range of tokenized assets. Investors can purchase and trade fixed-income Funds, commodity ETFs, and leveraged ETFs, with the added advantage that RWAs are quite resistant to the crypto market’s volatility.
ETFSwaps (ETFS) also seamlessly leverages the potential of blockchain technology to provide fast, transparent, secure, and efficient trading services. This allows it to operate on a trusted network, enabling transparency, unalterableness of data, and decentralized governance. In the same manner, intermediaries and regulated bodies are snuffed out, as no KYC is needed for ETFSwap (ETFS) users and investors to invest in ETFs.
Investors can also be assured of the safety of their assets, as the ETFSwap (ETFS) platform is designed with users’ safety in mind. Consequently, its smart contracts have undergone critical auditing by Cyberscope, a top blockchain cybersecurity firm. The results reaffirm ETFSwap’s (ETFS) stance on prioritizing assets’ security, as no security flaws were found in the contract.
Additionally, investors are able to increase their profit margins on ETFSwap (ETFS) with the 10x trade leverage feature.
ETFS is ETFSwap’s native token, which powers the ecosystem and provides trading access. The tokenomics is designed to drive the ecosystem and nurture a community of people who are invested in the project’s growth.
As a result, 4% has been allocated to the community to reward them for participating in activities. Likewise, a substantial portion, 40% to be precise, is reserved for public sale. This will grant enthusiasts who believe in ETFSwap’s (ETFS) vision an opportunity to participate early and acquire mouthwatering returns.
With its rapid adoption, the ETFSwap (ETFS) presale has caused a frenzy in the crypto community. Currently, in its stage 1 presale, the highly-rated project has sold over 21.6 million tokens, selling out faster than expected at a price of $0.00854.
With stage 2 of the presale poised to sell for $0.01831, early investors are set to acquire an easy return of over 100% on their invested amounts even before the token launches on centralized and decentralized exchanges.
ETFS Aurresalmentari buruzko informazio gehiago lortzeko:
Legezko oharra: Edukiaz arduratzen den hirugarren batek emandako Prentsa Oharra da. Mesedez, egin zure ikerketak edukian oinarritutako edozein ekintza egin aurretik.
Source: https://blockonomi.com/ethereum-based-etfswap-etfs-set-to-overtake-uniswap-uni-and-raydium-ray/