Dogecoin millionaire spends $500,000 on ETFS tokens after presale success

ETFSwap (ETFS) has sparked great interest among crypto investors after a Dogecoin millionaire moved $500,000 into its highly successful presale. This emerging token seems more than simply another entrant into the cryptocurrency race, with the potential to create the next generation of crypto millionaires. 

From Small Stakes To Dogecoin Millionaire

Glauber Contessosto — a well-known figure in the crypto community, became a Dogecoin millionaire in an almost unbelievable way after getting loans to invest in Dogecoin (DOGE). 

His wealth increased dramatically after Elon Musk, the CEO of SpaceX and Tesla, continued to post about Dogecoin (DOGE) on X (formerly Twitter), causing a significant surge in the Dogecoin (DOGE) price. 

Initially, Contessosto had made a $180,000 investment in Dogecoin (DOGE). But by the time Dogecoin (DOGE) reached its all-time high of $0.7, his investment increased dramatically to over $3 million, earning him the nickname of “SlumDOGE Millionaire.” 

However, the Dogecoin (DOGE) price has since retraced from its all-time high, currently sitting at $0.158, which represents a 78.59% decline from its all-time high, according to data from CoinMarketap. Nevertheless, Contessosto has remained loyal to the meme coin and has said he does not plan to sell his stash.

While the Dogecoin millionaire’s faith in the meme coin remains steadfast, other altcoins, such as ETFSwap (ETFS), have sprung up to present higher profit margins for investors. ETFSwap (ETFS) has caught crypto investors’ attention due to its suite of utilities and has gone viral following multiple large buys from whales.

Why ETFSwap Has Gone Viral In The Crypto Space

ETFSwap (ETFS) has become one of the most popular projects in crypto. It combines the groundbreaking technology of blockchain with the trillion-dollar traditional exchange-traded funds market, resulting in an unparalleled prospect for wealth growth. 

The decentralized finance (DeFi) platform enables the trading of traditional finance assets on the blockchain by tokenizing ETFs and making them swappable not just with fiat but also with cryptocurrencies. This move completely shatters the barrier to entry for these lucrative traditional investors by making them available to all crypto investors, no matter where they are.

ETFSwap (ETFS) allows for 24-hour trading, seven days a week, meaning investors do not have to wait for trading days to open and close positions. It also gives users access to unparalleled liquidity that enables them to enter and exit positions in crypto and traditional ETFs without hassle.

The platform features important tools like Search and Compare, which allow users to find the ETFs they want to invest in and compare how their portfolios would fare if they invested in that asset. Users can also take advantage of the up to 10x leverage available on the platform, maximizing their gains by up to 1,000%.

ETFS Preale Success Sends Shockwaves Through The Market

Excitement has been building since ETFSwap (ETFS) announced the first round of presale, which has now officially begun. The ETFS tokens are priced at a fair $0.00854, making them attractive to investors regardless of the size of their portfolios. 

The public presale follows the success of its private funding round, which saw the team raise $750,000 in hours from two institutional investors and three angel investors. This fund has helped the team accelerate development, and the launch is expected to happen soon.

Furthermore, the project’s robust value proposition and market traction are evidenced by the more than 60 million tokens that have been sold out thus far. The stakes are increasing as the first presale round draws to a close because, in the second phase, the price is anticipated to increase to $0.01831, a 100% increase from the stage 1 price.

For more information about the ETFS Presale:

Visit ETFSwap Presale

Join The ETFSwap Community

Disclaimer: This article is sponsored content and is not financial advice. CryptoNewsZ does not endorse or guarantee the accuracy of the content. Readers should verify information independently and exercise caution when dealing with any mentioned company. Investing in cryptocurrencies is risky, and seeking advice from a qualified professional is recommended.

Mark Peterson

Mark Peterson has been following the crypto market for the past seven years. As a crypto news journalist, he has recently joined our team. He regularly delivers the most recent happenings of the crypto space. He enjoys writing poems and exploring various crypto trading platforms in his spare time.

Related Articles

Back to top button