As the enthusiasm surrounding memecoin Pepe wanes, crypto whales seek refuge in ETFSwap at a discounted price of $0.03846.
Table of Contents
ETFSwap emerges as top pick for crypto whales
Crypto whales seek stability amid Pepe’s market instability
Conclusion
Unusual events happen in the cryptocurrency community from time to time. Crypto whales are often the subject of discussion in this regard. Recently, they sold $5 million worth of Pepe (PEPE) tokens to invest in this fast-rising altcoin, ETFSwap. Furthermore, reports from several analysts reveal that the token is set to soar after launch.
ETFSwap emerges as top pick for crypto whales
Crypto whales, including Pepe whales, are attracted to liquidity and high trading volumes due to efficiency in transactions. Therefore, ETFSwap’s fine merger of both traditional finance and decentralized finance allows large-scale investors to contribute to its liquidity pool, providing enough liquidity for trading assets.
Similarly, ETFSwap facilitates the trading of crypto-focused ETFs and real-world assets such as gold ETFs. The tokenized assets that ETFSwap provides to users mirror the price of the original assets, which helps to promote trust and transparency with investors.
One of the significant benefits that ETFSwap offers to large-scale investors is the potential for low-cost transactions. With sufficient liquidity available on the platform, ETFSwap can use smart contracts to reduce the fees generated from transactions. Since these trades occur between users through smart contracts, there is no need for centralized exchanges or brokers.
Arguably, data feeds are vital to the success of every investor, allowing traders to make informed decisions regarding their trading strategies. Hence, ETFSwap integrates real-time and up-to-date pricing data feeds for investors to monitor the performance of their ETFs. This is combined with a lag-free interface, allowing traders to place orders efficiently, particularly in volatile markets.
The news of the launch of ETFSwap beta phase 1 has been buzzing on social media. The project developers have completed the backend development of the ETF trading platform and will soon roll out the features for investor participation. In the meantime, large-scale investors are heavily investing in the platform’s native token.
Security and privacy are vital components of any finance platform like ETFSwap, particularly when dealing with tokenized assets and trading on the blockchain. To combat this, the platform’s team completed KYC verification by SolidProof, a smart contract security auditing firm, and underwent a thorough audit process by Cyberscope, a cybersecurity auditing firm, to identify vulnerabilities on the platform.