Several prominent players in the crypto industry, such as Ethereum (ETH) and Solana (SOL), have conducted ICO events to introduce their tokens to the crypto community, allowing savvy investors to enhance their portfolios. Now, experts are turning their attention to ETFswap (ETFS), which is currently offering its token in a public ICO and is speculated to outperform Ethereum (ETH) and Solana (SOL).
Ethereum (ETH) has experienced a 2% drop, resulting in over $150 million in liquidation, as reported by cryptocurrency futures platform CoinGlass. This decline, along with Bitcoin (BTC) dropping below $63,000, has contributed to the bearish sentiment in the crypto market. Ethereum’s current instability can be attributed in part to its conflict with the US Securities and Exchange Commission (SEC), which classified it as a security, leading Grayscale to withdraw its application for an Ethereum futures ETF.
In 2014, Ethereum offered its native token, ETH, in an ICO at $0.32 per coin, yielding early investors a remarkable 9,000% return on investment (ROI). Currently trading at $2,902, Ethereum is down over 40% from its all-time high.
Analysts believe that Solana (SOL) is poised to reach a new all-time high of $320 by 2024, following strong support at the $120 level during a recent market correction. Solana’s ICO in March 2020 priced the token at $0.22 per coin, and it now trades at $146, resulting in over 72,000% ROI for early investors.
ETFswap (ETFS) is a platform facilitating the trading of exchange-traded funds (ETFs) on the blockchain through asset tokenization. Offering tools like ETF Filter and ETFswap screener, ETFS aims to provide a seamless trading experience for users, along with opportunities for staking and passive income. The token is currently available in a public sale at $0.00854 per coin in stage 1, with experts predicting a surge of 20,000% to $3, making it a potentially lucrative investment opportunity.
With its innovative features and high growth potential, analysts anticipate ETFswap (ETFS) to become the biggest ICO in crypto history, surpassing the returns of Ethereum (ETH) and Solana (SOL).