You are here: Home / Press Release / Elon Musk Gets New Favorite Cryptocurrency – No, It’s Not Dogecoin
X (formerly Twitter) boss, Elon Musk, took some time off in his ongoing struggle with the Brazilian government to show off his new favorite cryptocurrency. Notice we said “new”? The crypto community was shocked to learn about Elon Musk’s shift from Dogecoin (DOGE) and his fondness for ETFSwap (ETFS), a new presale Ethereum token.
Elon Musk Spotlights Presale Ethereum Token, ETFSwap (ETFS)
The cryptocurrency community knows Elon Musk has a soft spot for Dogecoin (DOGE), even accepting the meme coin as legal tender for some Tesla merch since January 2022. Furthermore, Elon Musk periodically posts about Dogecoin (DOGE) on X, often causing the meme coin’s value to soar as traders awaited the next innovation Musk would announce.
However, on Tuesday, while addressing big players in the cryptocurrency industry, Elon Musk referenced ETFSwap (ETFS), the native token of the ETFSwap ecosystem. He elevated the token’s extensive utility over Dogecoin (DOGE) and cited the ingenious innovations the platform would bring to the global cryptocurrency scene.
Elon Musk praised ETFSwap’s (ETFS) forward thinking in merging DeFi and traditional finance. He also revealed the scope of the ETF industry, rounding up its worth at over $10 trillion. Elon Musk believes the platform’s revolutionary approach is a real crowd-puller and has expressed plans to buy the cryptocurrency as soon as possible before its presale concludes.
ETFSwap (ETFS) Attracting Dogecoin (DOGE) Bigwigs With Unique ETF Trading Platform
ETFSwap (ETFS) merges DeFi and traditional finance by offering a sleuth of hybrid institutional ETFs for Dogecoin (DOGE) traders and investors to diversify their portfolios. The platform allows users to trade digital representations of these real-world assets such as stocks, bonds, equity, funds, etc. Furthermore, these highly liquid ETFs represent various industries, including healthcare, energy, agriculture, etc.
ETFSwap (ETFS) guides investors and traders in choosing investment vehicles using its advanced AI-powered analytical tools. The ETF Screener and ETF Tracker scour vast amounts of market data to extract trends and patterns and form insights that benefit traders and investors.
ETFSwap (ETFS) offers its users attractive leverage options to multiply their potential earnings in the market. Users can access 10x leverage and 50x for futures and options trading. Thus, investors can turn their $100 investment into $1000 and more. The platform also allows users to enjoy passive income via staking. When they stake their preferred ETFs, they contribute to that ETF’s liquidity, which enhances the efficiency of trades on that ETF.
ETFSwap’s (ETFS) native token was also built to reward traders for using the platform. The token affords holders huge discounts on trading fees and exclusive access to early listings on the ETFSwap (ETFS) platform to stay ahead of the market. Additionally, ETFSwap (ETFS) rewards token holders with up to 36% from its dedicated staking rewards pool when they stake their tokens in ETFSwap’s (ETFS) staking protocol.
Meanwhile, ETFSwap (ETFS) understands the importance of security and transparency in trading. The platform leverages the highly secure and scalable Ethereum blockchain to provide its users with robust security. Also, users are not required to complete KYC verification before using the platform. All they need is a functional email address.
Further refining its security, the project’s team completed the KYC verification provided by SolidProof, a smart contract security auditing firm. Additionally, Cyberscope thoroughly audited ETFSwap (ETFS) to find any significant security vulnerabilities, and they found none.
Conclusion
ETFSwap’s potential to create cryptocurrency millionaires has endeared Elon Musk to the token. Besides, top analysts have pegged the cryptocurrency for a 10,049% rally upon launch. Consequently, many Dogecoin (DOGE) investors and industry experts are interested in the project’s ingenious proposition.
To join them in positioning for massive gains soon, intelligent investors can buy ETFSwap (ETFS) at its low presale price of $0.03846 and use the 50% bonus promo to accumulate more tokens.
For more information about the ETFS Presale: