10-Year-Old Dogecoin Investor Sells Off DOGE Holdings For The Next Big Thing In DeFi
Investors in the crypto industry are always after the next assets that have the potential to help them make massive profits on their investments. When they finally spot an asset with real value that suits their needs, they don’t hesitate to go all in. This is true in the case of an anonymous Dogecoin (DOGE) whale who sold their stash to buy the ETFswap (ETFS) presale.
Dogecoin Whale Holder Sells Off 5 Million DOGE Coins
A Dogecoin (DOGE) wallet with 5 million DOGE tokens finally sold its stash in late 2023, perhaps to shift focus to a better investment. The holder, who has been an enthusiast of the token, began hoarding it just 21 days after its launch in 2013. The DOGE whale first made slow but steady progress in acquiring the coin throughout 2014, spending just a few hundred dollars.
Between 2013 and 2014, the whale had spent $5,000 on purchasing Dogecoin (DOGE), and by 2015, the wallet owner made a final purchase of $195.61 worth of Dogecoin (DOGE) before ceasing activities for eight years. Undoubtedly, the wallet owner benefited from the massive price increase Dogecoin (DOGE) experienced in 2021, spearheaded by Tesla CEO Elon Musk. Notably, the support the coin received from Musk helped it go from $0.001 to $0.75.
As of 2021, the wallet owner’s $5,000 worth of DOGE had surged to $4 million, but the Dogecoin
(DOGE) whale didn’t sell it. After the bull run in 2021, Dogecoin (DOGE) fell on hard times in 2022 and 2023, like all cryptocurrencies in the market, losing over 90% of its value. But as soon as DOGE began to recover in late 2023, the whale sprung to action and sold the stash, which at the time was worth $370,000.
Dogecoin (DOGE) now trades at $0.15 and ranks 9th in the crypto market according to data from asset tracking platform Coinmarketcap.
DOGE Whale Lines Up To Buy ETFswap (ETFS) presale Along With Other Whales
ETFswap (ETFS) is a crypto platform that aims to make traditional finance elements like exchange-traded funds (ETFS) accessible on the blockchain through tokenization. The platform intends to create a tokenized version of ETFs that will be a direct on-chain representation of the traditional ETFs. The tokenized ETFs will make it available for traders to monitor the progress of traditional ETFs before making any trading decision, thereby minimizing risks and loss of funds.
Experienced traders on ETFswap (ETFS) could benefit from up to 10x leverage that would enable them to increase their earnings skillfully. Also, all interested can amplify their portfolio with the fractional ownership feature on the platform. Aside from that, ETFswap (ETFS), in a bid to protect its ecosystem and investors, has agreed to an audit of its platform smart contract by renowned blockchain security expert Cyberscope.
After a rigorous check of its smart contract, Cyberscope certified ETFswap (ETFS) as secure with no critical underlying issues that can make it vulnerable to cyber-attacks. At the heart of the platform is its native token, ETFS, which will serve as the key to unlocking the benefits of the ETFswap (ETFS) ecosystem, which includes trading tokenized ETFs. Also, holders of the token can participate in the platform governance through voting and also earn passive income by staking some of their holdings.
Currently, the only way to get ETFS is to purchase it at the ongoing presale event, where the platform offers the token at $0.00854 in stage 1. Stage 2 will begin at a much higher price of $0.01831, cementing profit for all stage 1 investors. The cherry on top is the optimistic price prediction by experts speculating that the token will surge to the $1 mark, rising by 10,000%.
This will mean an over 100x yield on investment for early investors. A unique platform and assured expectations of profits have made both large and small investors promptly buy this undervalued asset at its current stage 1, with over 22 million tokens sold already. This has significantly increased their chances of making tremendous profits. That can be you, too, if you buy the ETFS presale today!
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