Recently, more people in the United States have begun to develop a more optimistic approach toward crypto assets, and this is evident as another aspirant in the US presidential race, Donald Trump, has vowed to support cryptocurrencies if elected president.
The news came as top assets in the crypto market, Bitcoin (BTC) and Ethereum (ETH), are gearing up to surge to new highs. Also, according to expert speculation, ETFswap (ETFS), an Ethereum (ETH)-based token, moves toward the $3 mark in its presale event.Â
ETFSwap (ETFS) Reshapes ETFs With Tokenization
ETFswap (ETFS) is a blockchain platform that aims to bring exchange-traded funds (ETFs) on-chain for trading through tokenization. By tokenizing ETFs, the platform is bridging the gap between decentralized and traditional finance and making ETFs easily accessible to everyone in the crypto community. As an added layer of security, ETFswap (ETFS) has been thoroughly audited by Cyberscope, a leading blockchain security expert.Â
After the examination, its smart contract was found clean, free from any underlying conditions that could make it vulnerable. In addition, ETFswap (ETFS) protects the interests of its users by introducing a trading tool, ETF Finder, which will help investors know which ETFs are permitted for trading in their regions, preventing them from violating government regulations.
At the heart of this platform is its native token, ETFS, which unlocks access to trading tokenized ETFs and other unique features. The token is deflationary; therefore, its total supply will continue to decrease due to a burn mechanism, resulting in scarcity that will drive up its inherent value.Â
Donald Trump Affirms Support For Cryptocurrencies If Re-elected
Former President of the United States, Donald Trump, has joined the list of presidential aspirants who promise support for cryptocurrency if elected. Donald made this known during a campaign speech on May 25, 2024, at the Libertarian Party’s National Convention in Washington, DC.
Donald Trump also promised to protect the country’s about 50 million crypto enthusiasts from anti-crypto individuals in power, like Senator Elizabeth Warren. Further, Trump vowed to stop the creation of a central bank digital currency (CBDC) and to commute the sentence of Silk Road founder Ross Ulbricht, who was arrested in 2013 for creating and operating the darknet website.
Further, earlier that day, Donald Trump declared in a post on Truth’s social media platform, owned by Trump Media and Technology Group, that the US should be a leader in the crypto sector and not come in second place. He also claims that he is open-minded to everything related to the crypto industry and accused his fellow aspirant, Joe Biden, the current president of the United States, of being anti-crypto.Â
Following Donald Trump’s declaration, crypto community members in the US increased their expectations of his victory in upcoming elections. Interestingly, their sentiments were not wrong, as New York-based crypto prediction platform Polymarket has speculated a 56% chance for Donald Trump to win, while Joe Biden has a 38% chance.
ETFSwap Presale And Conclusion
ETFswap (ETFS) currently offers its native token ETFS in its stage 1 presale at $0.00854 per coin. This relatively low price will not only entice investors to acquire a piece of this undervalued asset but also expand their earning horizons when the presale transitions to stage 2 at a higher price of $0.01831.Â
Further experts speculate the token will soon surge by 20,000% to the $3 mark, representing over 200x yield on investment for early investors. Further, the recent declaration by US presidential aspirant Donald Trump has positively affected ETFswap (ETFS) as over 85 million tokens have been sold.
These investors rush in their numbers to buy this asset as the crypto industry could witness an influx in fresh investment if it gains wider adoption in the US, aiding the token surge to $3 or surpassing it. So now, at its formative stage, they try to snatch ETFS to reap massive gains when the token reaches its full potential.
For more information about the ETFS Presale:
