Avalanche (AVAX) And Polygon (MATIC) Disappoint Investors With 50% Decline As Whales Eye ETFSwap (ETFS) For 100x Gains
Investors in Avalanche (AVAX) and Polygon (MATIC) have faced significant setbacks, seeing their values plummet by 50%. This sharp decline has left many questioning the prospects of these once-promising assets, as whales attention shifts toward ETFSwap (ETFS). As its competitors struggle, savvy investors, particularly large-scale “whales,” are now eyeing ETFSwap (ETFS) as the next ample opportunity, hoping to achieve 100x returns.
ETFSwap (ETFS): DeFi Game-Changer With Tokenized ETFs, Offering 100x Gains
ETFSwap (ETFS) is setting a high bar and making a solid impact in the DeFi space with its tokenized ETF solution. While Avalanche (AVAX) and Polygon (MATIC) fall short of investors expectations declining by 40%, whales are running to ETFSwap (ETFS) for 100x gains.
ETFSwap (ETFS) distinguishes itself with a permissionless ecosystem that provides an institutional-grade protocol for crypto and real-world asset ETFs. Investors are drawn to the platform’s ability to generate passive income through staking in vaults, adding liquidity to pools, or farming yields that offer an impressive 87% annual percentage rate (APR).
With ETFSwap (ETFS), users gain access to a wide range of ETFs, including those tied to commodities like gold, oil, gas, and cryptocurrency ETFs managed by leading market participants. Whales will find its ETF Screener and ETF Tracker interesting, as they provide traders with precise data to secure consistent profits over 100x.
Given this momentum, it’s unsurprising that the presale is rapidly approaching the 1 billion token milestone, with over $4 million already raised. ETFSwap (ETFS) tokens are offered at just $0.01831 and are poised to shine in the altcoin market. All ETFSwap (ETFS) team members have completed KYC verification with SolidProof, a leading security firm.
Avalanche (AVAX): Seeks To Reassure Investors After 50% Steep Decline
Avalanche (AVAX) has frustrated many investors after a series of setbacks, including a sharp decline of over 50% following security breaches within its ecosystem. In a recent update, Avalanche’s (AVAX) official X account alerted the public that their Discord channel had also been compromised. The announcement read, “SECURITY ALERT: the official Avalanche (AVAX) Discord has been compromised; please do not interact with any accounts or click any links until further notice.”
Similar to the Polygon (MATIC) Discord breach that occurred a day earlier, the attackers infiltrated Avalanche’s (AVAX) Discord account. As a result, Avalanche’s (AVAX) daily trading volume has dropped by 19% to $292 million. However, despite these challenges, the market cap slightly increased by 3%, reaching $10 billion. Avalanche (AVAX), currently trading at $26.96, managed to recover from the correction, posting a 31% gain on the weekly charts, though it still experienced a 4% decline over the past month.
Polygon (MATIC): Recovers From Security Breach, Seeks To Regain Investor Confidence
Polygon (MATIC) has also faced significant setbacks, with its value dropping by more than 50% amid concerns over user security following the Avalanche (AVAX) Discord server hack. Polygon’s (MATIC) Chief Information Security Officer, Mudit Gupta, advised users to avoid clicking on links in the @0xPolygon community Discord until further notice, confirming that the account had been compromised and that efforts were underway to regain control.
In a subsequent update, Gupta announced, “We’ve regained access and are currently cleaning up all the changes made by the hacker to ensure they can’t return.” According to CoinMarketCap, Polygon (MATIC) is trading at around $0.5196, though recovering from a severe decline, showing a 25% gain on the weekly charts and a 3% increase last month. However, Polygon’s (MATIC) 24-hour trading volume dropped by 40% to $283 million, while its market cap decreased by 2.3% to $5 billion.
Conclusion On Why Whales Are Banking On ETFSwap (ETFS)
ETFSwap (ETFS) is turning heads in the DeFi space with its revolutionary tokenized ETF solution and security measures, setting it apart from other altcoins. This ETF offering has sparked tremendous interest, driving a surge in its presale as savvy whales recognize why they shouldn’t miss out on it this August.
With nearly 1 billion tokens already sold, ETFSwap (ETFS) is rapidly gaining momentum and whales are realizing its potential for massive gains over 100x.
For more information about the ETFS Presale:
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