Ondo

Pendle

Token

Yield

The crypto market was recently hit with a massive wave of liquidation. It resulted in a severe market dip that forced the price of several assets to see multi-month lows. The bearish trend has caused panic in the hearts of investors. Yet, some veteran traders believe it’s the time to pick assets that can do well in the fast-approaching bull season.&nbsp;
Among those assets experts are confident will do well are ETFSwap (ETFS), Pendle Finance(PENDLE), and Ondo Finance (ONDO). This article focuses on the gains investors will make when <a href="https://etfswappresale.com?utm_source=themarketperiodical&amp;utm_medium=pr&amp;utm_campaign=0810" target="_blank" rel="noopener noreferrer nofollow">ETFSwap (ETFS)</a>, Pendle Finance (PENDLE), and Ondo Finance (ONDO) hit the $10 mark in the bull season.&nbsp;
<h2 class="wp-block-heading" id="h-etfswap-etfs-to-surge-to-10-amidst-presale-nbsp">ETFSwap (ETFS) to Surge to $10 Amidst Presale&nbsp;</h2>
ETFSwap is a crypto platform that facilitates the trading and converting of tokenized ETFs on the blockchain. It is also one of the first platforms to introduce tokenized exchange-traded funds (ETFs) into the crypto market. Thus, it is transforming how crypto community members interact with ETFs.&nbsp;
Compared to their traditional counterparts, tokenized ETFs are easily accessible and affordable for investors of all portfolio sizes. Since ETFs are on-chain, traders can leverage real-time blockchain data, advanced trading tools, and a sleek web3 marketplace interface. Thus, they can derive the best trading experience.&nbsp;
A unique difference between tokenized and traditional ETFs is that they are convertible to other crypto assets. However, to convert them, users will need to hold a portion of the platform’s native token ETFS. It is instrumental in converting and trading tokenized ETFs. Amidst the recent market dip, many more investors are rushing to buy ETFS in the platform’s ongoing presale event. It is available at a pocket-friendly price of $0.01831.&nbsp;
Their bullish sentiment is plausible because, among <a href="https://etfswappresale.com?utm_source=themarketperiodical&amp;utm_medium=pr&amp;utm_campaign=0810" target="_blank" rel="noopener noreferrer nofollow">ETFSwap (ETFS)</a>, PENDLE, and ONDO, only ETFS promises automatic profit on investments. They will make this profit when ETFS rises in value to $0.03846 in the next presale round.&nbsp;
<h2 class="wp-block-heading" id="h-pendle-finance-pendle-begins-recovery-from-market-dip">Pendle Finance (PENDLE) Begins Recovery from Market Dip</h2>
Pendle Finance is an Ethereum-based platform that reshapes yield trading with asset tokenization and a time-decaying automated market maker (AMM). When users deposit funds on Pendle Finance, the platform mints the underlying asset. It is represented as the Principal Token (PT) and future yield, which is the Yield Token (YT).&nbsp;
Through this method, Pendle Finance users can easily dabble into various yield strategies to boost their portfolios. The time-decaying AMM on Pendle Finance also protects users from losing funds due to mispriced assets.&nbsp;
PENDLE, the platform native token, began a road to recovery. It surged by close to 48% after the market dip on August 5, reaching $2.79. PENDLE has briefly dropped in value again to $2.56. According to data by <a href="https://coinmarketcap.com/currencies/pendle/" target="_blank" rel="noopener noreferrer nofollow">Coinmarketcap</a>, the token could eventually reach the $10 mark in the next bull run.&nbsp;
<h2 class="wp-block-heading" id="h-ondo-finance-ondo-surge-37-following-market-crash">Ondo Finance (ONDO) Surge 37% Following Market Crash</h2>
Ondo Finance is one of the blockchain platforms spearheading the tokenization of assets. Its area of focus includes the US Treasury and other US-regulated institutional securities.&nbsp;
One of the key offerings on Ondo Finance is USDY. It’s a tokenized note backed by the US Treasury’s short-term offering investors over 5% annual profit. Another product on ONDO Finance is OUSG, which provided a similar yield to USDY. It was initially backed by the US Treasuries but was moved to the BlackRock-based tokenized fund program BUIDl.&nbsp;
ONDO, the native token of Ondo Finance, also staged a comeback. It surged by about 37% after suffering a 25% dip in its market cap during the market dip. According to Coinmarketcap, ONDO currently trades at $0.688. That is a brief decline in its value since the surge in price.&nbsp;
<h2 class="wp-block-heading" id="h-conclusion-nbsp">Conclusion&nbsp;</h2>
While ETFSwap (ETFS), Pendle Finance, and Ondo Finance show potential to make a break for the $10 mark, ETFS is more equipped to reach and surpass that level. Further experts speculate that ETFS will soon surge past the $10 mark after launch and listing due to an influx of crypto-related ETFs in the industry. That means investors who buy $1,000 worth of ETFS now will make more than 100x in their investments. So, what are you waiting for? Hurry and buy ETFS today!&nbsp;
For more information about the ETFS Presale:
<a href="https://etfswappresale.com?utm_source=themarketperiodical&amp;utm_medium=pr&amp;utm_campaign=0810" target="_blank" rel="noopener noreferrer nofollow">Visit ETFSwap Presale</a>
<a href="https://linktr.ee/etfswap" target="_blank" rel="noopener noreferrer nofollow">Join The ETFSwap Community</a>
The post <a href="https://www.thecoinrepublic.com/2024/08/10/heres-how-much-your-1000-will-be-if-pendle-ondo-finance-and-etfswap-hit-10/" rel="noopener noreferrer nofollow">Here’s How Much Your $1,000 Will Be If PENDLE, Ondo Finance, And ETFSwap Hit $10</a> appeared first on <a href="https://www.thecoinrepublic.com" rel="noopener noreferrer nofollow">The Coin Republic</a>.

Here’s How Much Your $1,000 Will Be If PENDLE, Ondo Finance, And ETFSwap Hit $10

Table of Contents

Thecoinrepublic.com

Other articles published on Aug 10, 2024

Decentrawood’s Native Token DEOD to Be Listed on MEXC Exchange on August 12th, 2024 at 10 AM UTC

Analyst Bullish as Chainlink’s Supply on Exchanges Drops, Price Nears Key Reversal Point

Altcoins Poised for a Strong Upswing: SUI, ONDO, and HNT Prices May Maintian a Strong Ascending T...

Memecoin Whale Profits $5.06 Million from $PEPE, Sends All Holdings to Binance

Just In: Patnera Capital Deposits 12.95 Million 1INCH To Coinbase Prime

Dogecoin Gaming A Bit Too Ambitious or Can it Revive DOGE Price?

Join our free newsletter for daily crypto updates!