PROMO
by BSCN
April 20, 2024
Crypto millionaire Ansem, who got into Solana (SOL) at $1.5, has revealed the next crypto coin with a 100x potential.
Crypto millionaire and well-known influencer Ansem has revealed the next project with a 100x potential. Ansem’s insights are deemed very valuable because of his trading prowess and proven track record. He is known to have bought Solana (SOL) when the crypto token was just trading at $1.5, thereby making a 170x gain on his investment when Solana (SOL) rose to its all-time high (ATH) of $260.
Furthermore, Ansem saw massive returns by investing in Solana-based meme coins Bonk (BONK) and Dogwifhat (WIF), making an 80x and 520x gain, respectively. Ansem is also an active member of the Dogwifhat (WIF) community and has contributed significantly to helping the meme coin attain the heights it has reached.
Ansem revealed in an X (formerly Twitter) post that the next 100x opportunity is Runes on Bitcoin. He further noted how the Bitcoin ecosystem could experience an increase in trading volume if Bitcoiners had their native tokens to trade. “Provenance will be very important,” Ansem added, suggesting that the earliest Rune protocol tokens will likely make the most gains.
Runes Protocol is a token standard that allows the creation of fungible tokens on the Bitcoin (BTC) network, just like the BRC20 token standard. However, Runes is considered a better alternative because it adopts the unspent transaction output (UTXO) model, which is more efficient, flexible, scalable, and private than an account-based model.
Runes is set to launch on the day of the Bitcoin Halving (April 19 or 20). Interestingly, the protocol was developed by Casey Rodarmor, the same person who created Ordinals, which allows the creation of non-fungible tokens (NFTs) on Bitcoin. Now, the 100x opportunity Ansem referred to lies in the tokens and projects that revolve around the Runes ecosystem.
Projects associated with Runes are already seeing increased traction ahead of Runes' launch as crypto investors look for the best possible way to position themselves for this ground-breaking event in the Bitcoin (BTC) ecosystem. As Ansem suggested, projects with a first-mover advantage on the Runes protocol will likely run the hardest and provide crypto investors with the 100x opportunity they seek.
Meanwhile, Rune's launch is considered a big win for the whole Bitcoin (BTC) ecosystem. This can help decentralized finance (DeFi) on the network grow exponentially and match up to other networks like Solana (SOL) and Ethereum (ETH). It could also help kickstart a meme coin frenzy on the Bitcoin (BTC) chain since Runes will make it much easier for anyone to “etch” a token.
Ansem’s post about Runes immediately brought ETFSwap (ETFS) to the minds of many in the crypto community, considering their subtle similarities. For one, ETFSwap (ETFS) is also introducing a ground-breaking technology into the crypto space by enabling the on-chain trading of exchange-traded funds (ETFs).
ETFSwap (ETFS) also enables greater accessibility, just like Runes. By bringing ETFs on-chain, anyone worldwide can invest in these traditional assets without worrying about the challenges encountered when using centralized entities.
These challenges include the overwhelming paperwork required to fulfill the Know-Your-Customer (KYC) requirements. Thankfully, ETFSwap eliminates this, as KYC requirements are non-mandatory on the platform. Like Runes, this underlines how privacy-friendly ETFSwap (ETFS) is.
Ansem noted the importance of first-mover advantage, which gives the ETFSwap (ETFS) token an edge since ETFSwap would be the first to introduce ETF trading on-chain. ETFSwap (ETFS) can also be considered a better investment opportunity than Runes since it stands alone in its category, unlike Runes, which is expected to be saturated with many tokens upon launch.
The saturation of Runes-based tokens will undoubtedly make it harder for crypto investors to sieve out the ones with 100x potential from the less valuable ones. That is why it may be better to consider the ETFSwap (ETFS) ecosystem, which is streamlined to one token.
Some crypto investors already recognize this hack and are going all in on the ETFSwap (ETFS) token, accumulating as much as possible in stage 1 of the token presale. Each token currently costs $0.00854, and there is still an opportunity to participate in this presale stage before it ends.
For more information about the ETFS Presale:
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