While many cryptocurrencies have been witnessing massive gains to new all-time highs, cryptocurrencies like Polygon (MATIC) and Cardano (ADA) have struggled to keep up with the current market trends. This bearish performance has deterred many traders who previously held the cryptocurrencies in high esteem, expecting them to make a decent price increase.
Although many are worried about Cardano (ADA) and Polygon (MATIC) future outlook, many are looking towards new alternatives like ETFSwap ($ETFS), an innovative token which aims to provide adherents with the opportunities to make maximum returns.
Polygon (MATIC) Holders Grapple With Losses
Recent reports have revealed that Polygon (MATIC) holders face substantial financial losses after the cryptocurrency experienced a major price decline. About 51% of Polygon (MATIC) total holders have recorded losses over the past week as the cryptocurrency’s price dropped by 4.44%.
The reason for the Polygon (MATIC) price drop has not been disclosed; however, the unexpected decline underscores the unpredictability and inherent volatility of the crypto market. It also highlights the importance of risk management, teaching users to recognize potentially profitable tokens and conduct thorough research before making any decisions.
Cardano (ADA) Price Faces Resistance Below $0.7
The price of Cardano (ADA) has been displaying bearish signals lately, experiencing a price decline of more than 20% over the past month. At the time of writing, Cardano (ADA) is trading at $0.58, failing to cross the $0.6 threshold to surge to new highs.
In the past 24 hours, the cryptocurrency has witnessed a 6.32% decrease, while its overall trading volume is up by 7.35%. This suggests that despite Cardano’s (ADA) bearish performance, many are still hoping for a price correction to the coveted $1 mark.
Holders Flock To ETFSwap ($ETFS) As It Sets New Record
While current market conditions remain bearish for cryptocurrencies like Cardano (ADA) and Polygon (MATIC), ETFSwap ($ETFS) stays out of the negative loop, hitting new records as its presale captures the attention of traders. Presenting itself as a revolutionary Trade-to-Earn token, ETFSwap ($ETFS) is set to become a top asset class in the realm of digital asset tokenization.
This innovative token aims to transform the cryptocurrency and (DeFi) landscape by offering traders access to Spot Bitcoin Exchange Traded Funds (ETFs). Utilizing its intuitive crypto trading platform, ETFSwap ($ETFS) strives to provide users opportunities to trade ETFs, offering a 10x leverage on assets.
One of the best features ETFSwap ($ETFS) will offer is access to exclusive ETF trading opportunities and a secure platform which ensures transparency and prioritizes security and privacy. There are no KYC requirements needed to access the trading platform, giving users the freedom to infuse as much as they desire without any impediments from regulators or banks.
Over 5.4 million tokens have already been sold in the first stage of its presale at a modest price of $0.00854. The second stage of the presale is set to take place soon, and the price of ETFSwap ($ETFS) is expected to increase to $0.01831, making now the best time to secure tokens for potential maximum returns.
Given the ETFSwap’s ($ETFS) relatively low price, many are taking advantage of the presale stage to accumulate as many tokens as possible. This is not surprising, as early-stage presales are the best.
For example, the early-stage Polygon (MATIC) and Cardano (ADA) holders have already made over 300x gains on their holdings and counting. ETFSwap ($ETFS) is set to replicate the same success, with the presale adherents benefitting the most from its expected growth.
For more information about the $ETFS Presale:
Disclaimer: This is a sponsored article, and views in it do not represent those of, nor should they be attributed to, ZyCrypto. Readers should conduct independent research before taking any actions related to the company, product, or crypto projects mentioned in this piece; nor can this article be regarded as investment advice.
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