YouTube Founder Backs Cat-Themed Meme Coin as Altcoins Gain Traction
Steven Chen, the founder of YouTube, has recently endorsed a cat-themed meme coin named PAJAMAS and the cryptocurrency platform ETFswap (ETFS), highlighting the ongoing diversification and evolution within the altcoin space. Since its inception in 2011 with Namecoin, the altcoin market has seen significant growth and acceptance, with ETFswap emerging as a prominent platform for trading tokenized exchange-traded funds (ETFs) on-chain. This feature allows investors of all sizes to diversify their portfolios by investing in various assets, including gold, real estate, stocks, and bonds, through a single interface. ETFswap aims to minimize fund losses by providing accurate, real-time data on assets and offers experienced traders the option to leverage trades up to 50x their capital.
The platform’s smart contract has been audited by Cyberscope, a reputable blockchain expert, and declared secure against future cyber-attacks. ETFswap utilizes an ERC-20 token, ETFS, as its native currency, facilitating access to its features and allowing token holders to earn staking rewards and easily swap between tokenized ETFs and other cryptocurrencies, a functionality not available with traditional financial institution ETFs.
Steven Chen’s endorsement of PAJAMAS, inspired by his cat featured in one of the first videos uploaded to YouTube, and his interaction with the crypto community marks a significant milestone in the acceptance and success of meme coins and altcoins like ETFswap. Despite encountering skepticism and challenges within the crypto space, Chen’s involvement underscores the potential of these digital assets.
ETFswap is currently in the first stage of its presale, offering ETFS at $0.00854 per coin, attracting significant interest from crypto whale investors, including Chen. With expert predictions suggesting a potential 20,000% surge in RWA altcoins like ETFS, early investors are poised for a substantial return, with over 130 million tokens already sold. The presale presents an opportunity for investors to secure a promising position in the altcoin market and participate in the growth of innovative platforms like ETFswap.