Crypto continues to be a major talking point ahead of the US Presidential elections in November. Anthony Scaramcci, the founder of SkyBridge Capital and Bitcoin (BTC) advocate, recently discussed the impact that the US Presidential elections could have on the crypto market. Crypto tokens like ETFSwap (ETFS) are set to benefit massively from the aftermath of the polls.
ETFSwap (ETFS) Will Be Huge For Global Crypto Industry
ETFSwap (ETFS) is an investment platform that is set to make a massive impact on global finance by integrating traditional finance (TradFi) with decentralized finance (DeFi). The platform tokenizes exchange-traded funds (ETFs) and combines them with the basic principles of decentralization.
Users on the ETFSwap (ETFS) can trade these tokenized ETFs alongside cryptocurrencies on the platform. The decentralized trading platform allows users to swap their ETFSwap (ETFS) tokens for other crypto assets without needing a third party. The ETFS token is also what investors will convert to their preferred ETF when investing.
In addition to ETFs and cryptocurrencies, ETFSwap (ETFS) provides access to various commodities, including gold, silver, and crude oil, among others. Using the DeFi platform to invest is very straightforward as Know-Your-Customer (KYC) requirements are non-mandatory, meaning users can start investing in seconds.
ETFSwap (ETFS) has also committed to ensuring that investors on the platform enjoy substantial returns on their investments. The trading platform has integrated advanced artificial intelligence (AI) powered tools (ETF Screener and ETF Tracker), which provide users with the best recommendations based on big data analysis. It also offers leverage trading for ETF trades. Users can use up to 50x leverage on their ETF investments, maximizing their gains and enjoying higher returns. The trading platform also offers perpetual trading services, allowing users to keep their trades open for as long as they like.
Etfswap’s (ETFS) beta platform is expected to launch in 30 days, meaning now is the perfect opportunity to accumulate the ETFS token ahead of the event. Moreover, ETFSwap (ETFS) is still selling at a discounted price of $0.01831 in its ongoing presale and will take off once the beta platform launches, with the trading volume it will enjoy from the onset.
US Presidential Elections Could Bring New Highs For Bitcoin
Scaramucci remarked that the US Presidential elections could bring new all-time highs (ATHs) for Bitcoin (BTC). He specifically mentioned President Joe Biden winning the US presidential elections in November as the catalyst for Bitcoin (BTC) to reach a new ATH. Scaramucci predicts that Bitcoin (BTC) could rise as high as $250,000 if Joe Biden wins the US presidential elections.
Donald Trump had recently affirmed his support for Bitcoin (BTC) and other crypto tokens. He promised to end Biden’s war on Bitcoin (BTC) and crypto in general if he wins the US presidential elections.
However, Scaramucci doubts Trump’s intentions are genuine and noted how the former US President was against Bitcoin (BTC) and other crypto while he was the President. Scaramucci believes that Trump has simply changed his stance on Bitcoin (BTC) to win votes. As such, he hinted that Trump could revert to his anti-crypto stance if he eventually wins the US presidential elections.
On the other hand, Scaramucci stated that the Biden administration is open to Bitcoin (BTC) and other cryptos even though it might not appear so. The SkyBridge Founder again affirmed that things will only get better for Bitcoin (BTC) and the crypto industry if Biden emerges victorious in the US presidential elections in November.
Conclusion On The Way Forward For ETFSwap (ETFS)
Scaramucci predicted that other layer-1 ETFs will likely be approved following the approval of the Spot Ethereum ETFs. This is significant for ETFSwap (ETFS) as the crypto token’s value will skyrocket as more crypto funds get approved since they will be actively traded on the investment platform. Analysts predict the crypto token could enjoy a 100x gain as its demand increases. As such, you can’t afford to miss ETFSwap (ETFS) while it is still undervalued at its current price of $0.01831.
For more information about the ETFS Crypto Presale:
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