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You are at:Home » Bitcoin Rise Above $60,000 Triggers Market Recovery, But Optimism (OP) And ETFSwap (ETFS) Are The Real Winners
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Bitcoin Rise Above $60,000 Triggers Market Recovery, But Optimism (OP) And ETFSwap (ETFS) Are The Real Winners

Neelesh RoyBy Neelesh RoyAugust 18, 2024Updated:August 18, 2024No Comments4 Mins Read
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Bitcoin Rise Above $60,000 Triggers Market Recovery, But Optimism (OP) And ETFSwap (ETFS) Are The Real Winners
Bitcoin Rise Above $60,000 Triggers Market Recovery, But Optimism (OP) And ETFSwap (ETFS) Are The Real Winners
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With Bitcoin (BTC) at the forefront, the crypto market has been on a rollercoaster ride in the past few months. As Bitcoin (BTC) breaks through the $60,000 barrier for the second time this year, triggering a much-needed market recovery, crypto investors have been busy with two lesser-known altcoins, ETFSwap (ETFS) and Optimism (OP), as both emerge as the real winners in this market surge.

ETFSwap (ETFS) Set To Capitalize On Bitcoin’s Bullish Resurgence

As Bitcoin (BTC) enters its bullish phase, crypto analysts reveal ETFSwap (ETFS) as a major beneficiary in its price surge. ETFSwap (ETFS) is a DeFi platform built on the ERC 20 standard with state-of-the art features that soothe modern-day investing. Both retail and institutional investors seeking to expand their portfolios beyond Bitcoin can do so through tokenized exchange-traded funds (ETFs) provided on the ETFSwap platform.

With ETFSwap (ETFS), investors can trade leveraged ETFs, fixed-income ETFs, cryptocurrency ETFs, real estate ETFs, and a lot more. All ETFs on the ETFSwap platform come with a 10x leverage feature that allows investors to earn up to 1,000% in profits. Regardless of Bitcoin’s dominance, investors stand a better chance of multiplying their gains by 5,000% with ETFSwap’s 50x leverage feature.

Among ETFSwap’s outstanding features is its integration of advanced AI-powered tools like the ETF Tracker, ETF Filter, and ETF Screener, which enable investors to select the right ETF investments based on their overall performance. With up to 80% annual percentage yields (APY) as rewards for staking and plans to launch its own ETF in 2025, ETFS seems like a more profitable investment opportunity than BTC.

ETFSwap (ETFS) has further strengthened the confidence of its investors by completing its KYC verification process with SolidProof, a renowned cybersecurity and blockchain audit firm known for protecting financial institutions from criminal activities. Also, through its zero knowledge proof approach, users can join ETFSwap (ETFS) without the stress of KYC verifications.

Furthermore, ETFSwap (ETFS) integrates with Mica-compliant institutions that trade securities and crypto markets while maintaining its decentralized nature, eliminating interference from bank intermediaries or any regulated body.

Optimism: The Layer-2 Solution Soaring On Bitcoin’s Coattails

Optimism is another altcoin that benefits from Bitcoin’s recent rise above $60,000. As a leading layer-2 scaling solution, Optimism has gained attention from developers and investors alike with its focus on improving scalability and efficiency on the Ethereum network.

Optimism’s success lies in its ability to address one of the biggest challenges facing the Ethereum network, high transaction fees and slow processing times. Leveraging its layer-2 technology, Optimism enables faster and cheaper transactions, making it an attractive option for developers and users looking to harness the power of decentralized applications (dApps) without the high costs associated with the Ethereum mainnet.

Over the past four months, Optimism has witnessed a steady downtrend with its price falling from $4.86 to $1.22 low, registering a loss of 74.8%. However, with Bitcoin’s rise above $60,000, Optimism has reverted to $1.34 with a market cap of over $1.5 Billion.

Take Advantage Of The ETFSwap Presale

ETFSwap (ETFS) has set the crypto community abuzz with its successful ongoing presale, raising over $2.90 million and selling 867 million tokens in just a few weeks. With ETFS swap tokens selling for a discounted price of $0.01831, smart investors who recognize the platform’s long-term potential are buying the token rapidly. In addition, short-term investors are also taking advantage of the current token price, as ETFS is set to rise by 200% in value.

Although Bitcoin will remain a dominant force, the rise of projects like Optimism (OP) and ETFSwap (ETFS) highlights the importance of diversification and the need for investors to keep a close eye on the broader altcoin ecosystem.

For more information about the ETFS Presale
Visit ETFSwap Presale
Join The ETFSwap Community

Read Also: Malaysia Adopts Worldcoin’s Iris-Scan Tech for Identity Verification

Altcoins Bitcoin Crypto Top Altcoins to Buy
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Neelesh Roy
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Neelesh Roy is a seasoned financial journalist with a focused expertise in the cryptocurrency market. With a solid foundation in mass communication, his career began in the bustling world of stock markets, where he honed his skills in financial reporting and analysis. Transitioning to cryptocurrency, Neelesh has spent the past two years covering this volatile and exciting sector.

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