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Elon Musk’s Tweet Sends Dogecoin, Harambe, And This Ethereum Token Flying 

May 28, 2024
Reading Time: 4 mins read
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Elon Musk’s Tweet Sends Dogecoin, Harambe, And This Ethereum Token Flying 


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Elon Musk has as soon as once more stirred the market with a single tweet that resulted in a value surge in Dogecoin (DOGE), Harambe (HARAMBE), and the brand new Ethereum token ETFSwap (ETFS). Musk’s affect has grow to be well-recognized within the crypto market, taking part in a major function within the 2021 Dogecoin (DOGE) rally and subsequent value actions on the meme coin.

Nonetheless, his current tweet has sparked a frenzy on the brand new Ethereum-based token ETFSwap (ETFS). With consideration rising on the brand new token, traders have shortly picked positions to earn long-term income forward of launch.

Ethereum-Based mostly ETFSwap (ETFS) Token Presale Capitalizes On New Market Traction

Current market exercise fueled by Elon Musk’s tweet has unfold to the rising ETFSwap (ETFS) presale. The continuing presale is doing large numbers amid the rising recognition of the brand new coin. Nonetheless, this consideration that seems to be short-lived on Dogecoin (DOGE) and Harambe (HARAMBE) is fueling a presale rally on ETFSwap (ETFS).

ETFSwap (ETFS) is a brand new modern platform for buying and selling tokenized ETFs, market making, and leverage buying and selling, amongst many different DeFi functions. This new platform brings ETF property on-chain, starting from commodity ETFs to fixed-income ETFs, market ETFs, and the newer crypto ETFs.

The launch of spot crypto ETFs has spurred the curiosity of native crypto traders on this asset kind. ETFs are a way more totally different asset kind than cryptocurrencies, working in a centralized market. However ETFSwap (ETFS) supplies a decentralized ecosystem to commerce and make the most of these property in distinctive methods.

The brand new platform will facilitate fast settlements, seamless swaps between ETFs and cryptocurrencies, world accessibility to ETF property, portfolio diversification, entry to liquidity, and a way more complete DeFi buying and selling expertise. 

ETFSwap (ETFS) is poised to steer the way forward for buying and selling, and the current hype has enabled early presale traders to acknowledge the potential of the brand new platform. 

Dogecoin (DOGE) And Harambe (HARAMBE) Worth Surge On Elon Musk Tweet

Dogecoin (DOGE) ‘s value surged after Elon Musk made a tribute tweet to Kabosu. Kabosu is the Shiba Inu breed pet that impressed the Dogecoin (DOGE) brand and has performed a major function in meme coin communities for a number of years. Over time, the canine has grow to be a staple crypto meme and could be related to a number of different canine meme cash.

After Kabosu’s proprietor introduced the canine’s passing, Elon Musk’s heartfelt tribute precipitated a noticeable uptick within the value of Dogecoin (DOGE). Dogecoin (DOGE) already has a risky historical past with high-profile endorsements or occasions, and crypto fanatics anticipated a value response to the information. 

Furthermore, Dogecoin (DOGE) is especially notable for reacting to Elon Musk’s information. Even lately, the meme coin’s value skyrocketed after X modified its brand to Dogecoin’s brand in April 2023. As of this writing, Dogecoin (DOGE) is buying and selling at $0.1723 with a $24 billion market cap, over a ten% improve prior to now week. Additionally, the meme coin has seen a 143% value improve prior to now yr, and consultants imagine it might see extra uptrends.

Nonetheless, that isn’t all. Elon Musk’s tweet, “OG Doge has ascended to heaven to be along with his good friend Harambe,” additionally precipitated a value surge on Solana meme coin Harambe (HARAMBE).

Harambe (HARAMBE) is one other meme coin impressed by a gorilla from Cincinnati Zoo that needed to be put down to avoid wasting a three-year-old boy. Whereas the market response was short-lived on Dogecoin (DOGE) and Harambe (HARAMBE), consultants have observed a fast shift from the meme cash to ETFSwap (ETFS), which guarantees even larger income.

Conclusion

Worth surges can typically be triggered by many elements, and we see an thrilling progress development on ETFSwap (ETFS). Not like the opposite meme cash on this article, ETFSwap (ETFS) has gained traders over for the long run as the brand new platform is poised to assert a large share of the marketplace for tokenized and real-world property.

You’ll be able to place your self for enormous income on the continued Stage 1 presale promoting for $0.00854. This might be the very best alternative to get in as Stage 2 presale will start at $0.01831, locking in over 100% income for early traders.

For extra details about the ETFS Presale:

Visit ETFSwap Presale

Join The ETFSwap Community

Disclosure: It is a sponsored press launch. Please do your analysis earlier than shopping for any cryptocurrency or investing in any tasks. Learn the total disclosure here.



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