Crypto presale events have grown to become one of the most important events that enthusiasts and savvy investors look forward to as it open up opportunities to get in early on a blockchain project. Projects such as Uniswap (UNI) and Ondo Finance (ONDO) have done well so far, offering investors the chance to unlock the benefits their platform has to offer. However, experts have handpicked the ETFswap (ETFS) presale as an event investors can’t afford to miss, as it has beaten several other presales to clinch the top spot in the 2024 presale race.
What you'll learn 👉
ETFSwap (ETFS) Attracts Investor Confidence Selling Over 15.5 Million Tokens in Ongoing presale
ETFswap (ETFS) is one of the blockchain platforms spearheading the tokenization initiative to merge decentralized and traditional finance by creating tokenized exchange-traded funds (ETFs). The tokenized ETFs will directly represent the traditional ETFs, on-chain enabling traders to monitor their progress and make well-informed decisions before trading.
ETFswap (ETFS) will also feature seamless swapping services, leverage trading, and fractional ownership. Further, to earn passive income, users who hold their native token (ETFS) will benefit from a mouth-watering annual percent rate (APR) in staking rewards.
Currently, the platform is offering its native token to investors of all portfolio sizes at a low price of $0.00854 in its ongoing stage 1 crypto presale round. All participants of this round will automatically profit from their investments when stage 2 kicks off at a higher price of $0.01831.
This relatively low price has made investors rush in to get this token with great potential, as over 15 million tokens have been sold. Also, the investors are leaning toward the 10,000% surge that will take its price to the $1 mark, according to speculation by price experts.
Furthermore, the platform’s recently concluded private sale, where it raised $750,000 from the investment of two institutional investors and three angel investors, hints at sure success. Therefore, stage 1 is the best time for any investor to get in early on this project to benefit from the upcoming price surge and boost their portfolio.
Uniswap (UNI) Faces Downtrend After Locking Horns With The US SEC
Uniswap (UNI), the largest decentralized exchange (DEX) in the crypto industry, has gotten into the crosshairs of the Security and Exchange Commission Agency (SEC), disclosing that it received a notice of possible enforcement action from them. Like all other platforms that have been at loggerheads with the US agency, Uniswap (UNI) has stated that its team is ready to fight any action from the SEC.
However, Uniswap’s native token, UNI, fell by 10% following the news, dropping from $11.21 to $10 within one hour. The UNI downtrend has also continued until now, trading at $7.78 according to data by Coinmarketcap.
Ondo Finance (ONDO) Price Slumps After Record High
Ondo Finance (ONDO), a blockchain platform using tokenization to democratize access to financial products, has experienced a sharp fall in price after a massive rally that took it to its all-time high of $1.05 in March 2024. By the first week of April 2024, it plunged by over 23% to $0.7241, taking it below its 10-day simple moving average (SMA), hinting at the bears taking charge of its price action. Also, its relative strength index (RSI) curve and balance volume (OBV) indicate a bearish outlook on the token.
Nevertheless, despite the massive price decline, ONDO Finance has managed to stay above its support level but is, at the time of, writing trading at the $0.72 level, according to data by Coinmarketcap. Some experts speculate that the token could spiral down further if it fails to hold at this level, to $0.55 in the coming months. However, it could bounce back and retest its all-time high if the bulls take charge and drive a rally.
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