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US Presidential Elections + Ethereum Spot ETFs: ETFSwap, Cardano and Ondo Finance Will Win This Bull Race
With the recent approval of Spot Ethereum ETFs and the upcoming US presidential election in November, crypto projects such as ETFSwap (ETFS)Cardano (ADA) and Ondo Finance (ONDO) are well positioned to take advantage of these major events, potentially resulting in substantial bullish momentum.
ETFSwap (ETFS) to Dominate US Presidential Election-Driven Crypto Bull Run and Ethereum Spot ETFs
ETFSwap (ETFS) Set to Dominate the Cryptocurrency Market’s Next Bull Run, Fueled by the Approval of Spot ETF on Ethereum and the upcoming US presidential elections. This platform is renowned for its innovative approach to trading tokenized ETFs, acting as a gateway for users to access the multi-billion dollar ETF market.
Being a decentralized exchange, ETFSwap (ETFS) allows users to trade cryptocurrencies for ETFs, allowing them to buy and trade ETFs on its platform. Investors who purchase any ETF listed on ETFSwap (ETFS) can have exclusive access to the platform’s many trading features and rewards.
Some of the institutional ETFs that users can trade on ETFSwap (ETFS) include leveraged ETFs, commodity ETFs, fixed income ETFs, and spot ETFs and cryptocurrency futures.
ETFSwap (ETFS) also offers investors up to 10x leverage on all trades, 24/7 ETF management services, and automatic monthly rewards in the form of airdrop tokens.
ETFSwap (ETFS) has incorporated robust security measures for its users, ensuring that they can execute trades and transactions in a secure and decentralized trading environment. This platform has eliminated KYC requirements, simplifying account opening processes for new users and strengthening user privacy by limiting interference from regulators and financial institutions.
Its smart contracts were too checked from CyberScope, a leading cybersecurity and blockchain audit firm, with audit results revealing ETFSwap’s flawless infrastructure and substantial defense against cyber attacks.
ETFSwap native token, ETFS it is the powerhouse of its ecosystem and many thousands of investors are already purchasing millions of tokens in support of the crypto project. Users can stake ETFS tokens to earn staking rewards, while token holders are granted voting privileges in ETFSwap’s governance to help strengthen the development of its ecosystem by directly engaging and influencing its growth process.
Crypto Analyst Predicts Cardano (ADA) Price Rise.
Similar to ETFSwap (ETFS), analysts expect a bullish rally for Cardano (ADA), potentially driven by events following the US presidential election results and the recent approval of Spot Ethereum ETFs. Despite witnessing a drastic price decline since the beginning of the year, Cardano (ADA) has gained a favorable outlook from crypto analysts who have continuously observed the cryptocurrency’s price fundamentals.
Crypto analyst Nick Regan, host of the popular YouTube channel “Cheeky Crypto”, expressed a bullish attitude prediction for Cardano (ADA), predicting that the cryptocurrency could see a price surge to $38 under favorable conditions.
Acknowledging his overly ambitious prediction, Regan also revealed a more likely price increase, anticipating Cardano (ADA)’s price rise to $5 in the current market cycle. You also highlighted that the approval of Spot Ethereum ETFs could be a trigger for this Cardano (ADA) price increase. Added to this is the surge expected from the US presidential elections.
Ondo Finance (ONDO) Explodes 138% Amid Market Volatility
According to CoinMarketCap, Ondo Finance (ONDO) has already witnessed a massive increase in weekly gain of 138%, which has seen its price rise to new highs. However, blockchain analytics platform, Santiment, revealed earlier X post that the cryptocurrency was seeing a surge in new users, with whales accumulating Ondo Finance (ONDO) in anticipation of a potential rally.
Despite the development, Ondo Finance (ONDO) still needs a substantial bullish catalyst to push its price to previous highs. Ondo Finance (ONDO) rose to a new all-time high of $1.33 following the approval of Ethereum Spot ETFs and ahead of the US presidential election, but failed to break above resistance levels amid market volatility . As of this writing, the price of Ondo Finance (ONDO) is below from $1.33 to $1.25.
Conclusion on the victory of the US presidential elections and spot ETFs on Ethereum
Between Cardano (ADA) and Ondo Finance (ONDO), ETFSwap (ETFS) stands out as the potential top gainer in the next bull market. Following the approval of Ethereum Spot ETFs and the US presidential election on the horizon, ETFSwap (ETFS) quickly gained ground, selling over 155 million ETFS tokens in just a few weeks and raising more than $2 million.
For more information on ETFS presale:
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