The cryptocurrency space is full of smart money making millions overnight. This time, the attention of the cryptocurrency community was focused on a Solana trader who went from $10,000 to $10 million in less than 24 hours. These developments have the cryptocurrency community wondering what the smart money will make next.
For those of you who are curious, ETF Swap (ETFS) A token pre-sale appears to be the next step for this smart money, as traders are expected to deploy part of their profits into utility-based tokens such as ETFSwap (ETFS).
How this Solana trader went from $10,000 to $10 million
On-chain analysis platform Lookonchain exposed A cryptocurrency trader turned $10,000 into $10 million by investing in the $GUMMY meme coin. A Solana trader reportedly withdrew 65.23. Solana (SUN) On the MEXC cryptocurrency exchange 12 minutes before the $GUMMY contract was distributed.
Lookonchain said it spent 64.5 Solana (SOL) to purchase 97.36 million $GUMMY “in the same block to which the $GUMMY distributor added liquidity.” Solana traders have moved $97.36 million of GUMMY into 10 new wallets but have not yet sold them.
However, Solana traders are expected to liquidate their holdings at some point, considering how volatile the meme coin is. When that time comes, traders will likely divert their funds to a more stable ecosystem, which may also offer significant returns on their investments.
ETFSwap (ETFS) is here
ETF Swap (ETFS) Considering how promising the ecosystem is, Solana seems like the perfect project for traders. Moreover, with ETFSwap (ETFS) expected to rise like Shiba Inu (SHIB) in 2021, there is still a way for a cryptocurrency trader to turn $10 million into millions.
Some Solana whales have already recognized the potential of ETFSwap, which is why they were willing to offload Dogwifhat (WIF) tokens to go all-in on the ETFSwap (ETFS) presale. That’s why this Solana trader will likely make the same decision to go all-in on ETFSwap (ETFS).
Meanwhile, although Solana traders have not yet sold their $GUMMY holdings, it is not surprising that this whale was among those who recently purchased ETFSwap (ETFS) tokens. Crypto whales are known to have invested heavily in the token pre-sale, with over 5 million tokens sold in the last 24 hours.
Crypto investors’ optimism about the ETFSwap (ETFS) token stems from its utility. The ETFS token, the native token of the ETFSwap platform, allows users to invest in a variety of exchange-traded funds (ETFs) on-chain.
ETF Swap (ETFS) Additionally, we plan to provide attractive returns to those who invest in ETFS tokens. As a new platform, these returns are expected to be much higher than what stakers receive from staked Ethereum (stETH) and other staked tokens.
Meanwhile, narrative is everything in the cryptocurrency space, and these investors will understand that the ETFSwap (ETFS) ecosystem is set to lead the tokenization industry. Experts believe that the tokenization industry could become a $1 trillion market by 2030. Therefore, these investors are simply following the liquidity because wherever money flows in the cryptocurrency market, there is always an opportunity to make immeasurable profits.
To date, demand for ETFSwap (ETFS) tokens has been unprecedented, with over 30 million tokens sold in the first phase of the pre-sale alone. Since the value of the cryptocurrency token has skyrocketed since the pre-sale began, it is likely that the price will double once the second phase of the pre-sale begins. Phase 1 pre-sale is currently ongoing and each token sale price is $0.00854.
For more information on the ETFS pre-sale, see:
Visit ETFSwap Presale
Join the ETFSwap Community