The rise of Dogwifhat (WIF), a Solana-based meme coin, took the broader crypto market by surprise, with many likening the cryptocurrency's massive surge and widespread adoption to that of Shiba Inu (SHIB). Just as Dogwifhat (WIF) has gained popularity akin to Shiba Inu (SHIB) in this cycle, ETFSwap (ETFS) is perceived to be the Fantom (FTM) of the 2024 market cycle.

Dogwifhat (WIF) Becomes 4th Largest Meme Coin Amidst Declines

Trading at a price of $0.0000013 when it launched on November 20, 2023, Dogwifhat (WIF) soon became one of the most popular meme coins after its surge to $1 earlier this year and trending at $3 presently. The dog-themed meme coin has surged from an unimpressive market capitalization to become the 4th-largest meme coin.

The cryptocurrency trails behind top crypto players like Pepe (PEPE), Shiba Inu (SHIB) and Dogecoin (DOGE). This unexpected surge is attributed to the heightened demand and interest in the meme coin at the beginning of the year. 

Despite the achievement, Dogwifhat (WIF) has recorded major declines over the past month. The cryptocurrency is down by 12.9% and also plummeted over the week by 11.22%, according to CoinMarketCap. 

Additionally, Dogwifhat (WIF) trading volume has also fallen short of expectations, decreasing by 43.26% in the last 24 hours. At the time of writing, the cryptocurrency’s price is about $3.01. 

Fantom (FTM) Reawaken With 8% Price Surge

Messari, a market intelligence and crypto research platform, has released a report on Fantom’s (FTM) current state and performance in the first quarter of 2024. The crypto research platform revealed that Fantom (FTM) had recorded massive growth across numerous key metrics in Q1 2024. 

Fantom’s (FTM) market capitalization had surged by over 101%, amounting to more than $1.9 billion. The token’s average daily active addresses also increased by approximately 24%. Additionally, its Decentralized Finance (DeFi) Total Value Locked (TVL) in USD rose by over 59%, while the cryptocurrency’s stablecoin market capitalization soared by 39%. 

With Fantom (FTM) trading at a price of $0.7 and marking a 22.76% decrease over the past month, according to CoinMarketCap, ETFSwap (ETFS) is set to overtake the cryptocurrency’s performance to potentially become the most sought-after crypto project in the Decentralized Finance (DeFi) space. 

ETFSwap (ETFS) Emerges As New Fantom (FTM) With Key Developmental Milestones 

ETFSwap (ETFS), a decentralized cryptocurrency and Exchange Traded Fund (ETF) platform, recently achieved crucial milestones, emerging as a notable player in the crypto space and closely mirroring the previous success trajectory of Fantom (FTM).  

The crypto project’s most recent achievements include its private sale success and the current accomplishments in its ongoing presale. Additionally, it also encompasses developmental achievements attained as it gets ready for its upcoming launch. 

Striving to become the number one tokenized ETF platform, ETFSwap (ETFS) offers users a single platform where they can buy and trade cryptocurrencies and ETFs. This crypto project allows users to take advantage of the numerous opportunities available in the tokenized ETF landscape. 

ETFSwap (ETFS) has also been successfully audited by CyberScope a leading blockchain audit and cybersecurity company, with results highlighting no vulnerabilities in ETFSwap’s smart contracts or infrastructure. 

The platform concluded its private fundraising round with remarkable success, achieving its funding target of $750,000 from the support of leading institutional investors who believe in the project’s potential to revolutionize the DeFi landscape. The team behind the crypto project has unveiled plans to deploy the funds from the private sale to accelerate the development and growth of the platform. 

Additionally, ETFSwap (ETFS) is poised to make strategic partnerships with prominent institutional players, aiming to bolster sustainability while also unlocking new opportunities for more collaborations. Less than one week into its ongoing presale stage, ETFSwap (ETFS) has recorded a total of 70 million tokens sold out. 

Investors seeking to replicate the profits made by early Fantom (FTM) investors now have the opportunity to do so with ETFSwap (ETFS). Each ETFS token is priced at $0.00854 during the first presale stage. Investors can purchase ETFS tokens earlier before the price surges to $0.01831 by the second stage. 

It’s also important to note that ETFSwap (ETFS) offers traders staking options and token holders governance rights. The project has eliminated the KYC requirement from its platform, ensuring investors and traders can execute transactions and trades seamlessly without interference from financial institutions or regulators. 

For more information about the ETFS Presale:

Visit ETFSwap Presale

Join The ETFSwap Community

_{Disclaimer: This is a paid press release. BSC.News does not endorse and is not responsible for or liable for any content, accuracy, quality, advertising, products, or other materials on this page. The project team has purchased this advertisement article for $500. Readers should do their own research before taking any actions related to the company. BSC.News is not responsible, directly or indirectly, for any damage or loss caused or alleged to be caused by or in connection with the use of or reliance on any content, goods, or services mentioned in the press release.}