Bitcoin Runes Set To Usher In The Bull Market With Groundbreaking Technology
Bitcoin’s fourth halving event has come and gone, and the expectation is that a bull market will follow. Therefore, the stage is now set for one of the most awaited innovations of 2024 – the Runes protocol. It has been described as the second season of Bitcoin (BTC) and is set to bring even more [...] The post Bitcoin Runes Set To Usher In The Bull Market With Groundbreaking Technology appeared first on Blockonomi.
Bitcoin’s fourth halving event has come and gone, and the expectation is that a bull market will follow. Therefore, the stage is now set for one of the most awaited innovations of 2024 – the Runes protocol. It has been described as the second season of Bitcoin (BTC) and is set to bring even more traffic and liquidity to the world’s largest blockchain.
The Runes Protocol – Fungible Tokens On The Bitcoin Blockchain
The Runes token standard was introduced in September 2023 by Casey Rodarmor, who also designed the Bitcoin (BTC) ordinals protocol. It was created to improve the inefficiencies of the ordinals protocol by eliminating excess unspent transaction outputs (UTXOs) and reducing congestion on the Bitcoin blockchain.
While the ordinals protocol allowed people to place files on Bitcoin (BTC) as non-fungible tokens (NFTs), the Runes standard, which is programmed to go live immediately after the Bitcoin (BTC) halving, will support the creation of fungible tokens.
This latest innovation is generating serious chatter about the future of Bitcoin (BTC) and crypto in general, leading many Venture Capitalists (VCs) to have serious discussions about building a Decentralized Finance (DeFi) world around Bitcoin (BTC). Furthermore, there have also been talks of building Layer 2 solutions for the Bitcoin (BTC) blockchain.
However, as groundbreaking as the Bitcoin Runes technology is, it is not the only innovation happening before our eyes. There is another we will discuss now – the ETFSwap (ETFS) platform.
ETFSwap (ETFS) Merges Crypto With ETFs For The Next Bull Market
The ETFSwap (ETFS) platform was created with the mission of allowing retail and qualified investors access to institutionally listed ETFs. It makes this possible by tokenizing ETFs on the blockchain and providing an avenue to swap them to crypto and accepted fiat.
Why is this needed? Well, even though the approval of ETFs by the Securities and Exchanges Commission (SEC) of the United States of America was a welcome development, many crypto investors only saw it as positive news that would bring green candles back to the markets. Few were interested in buying, trading, or investing in these ETFs because of the centralized trading system of these platforms.
However, with the advent of the ETFSwap (ETFS) platform, these ETFs have now been brought to the blockchain. You can convert them to stablecoins or other crypto assets. You can trade and swap them seamlessly as you do on other decentralized exchanges (DEXes). You can even increase the profit potential of your trades by 1,000% with a 10x leverage feature. But how safe is it?
According to Cyberscope, a renowned blockchain security firm, ETFSwap (ETFS) is very secure and free of bugs and other vulnerabilities. The audit gave the platform a 94% general security score – an excellent rating in all ramifications. So, investors have nothing to worry about regarding the safety of their investments on the ETFSwap (ETFS) platform.
Thus, ETFSwap (ETFS) has been favoured by experts to reach towering heights because of its unique proposition. Its price is currently $0.00854 in the first stage of its presale event. This price will jump by over 100% to $0.01831 when stage 2 starts, ensuring that early birds start profiting even before the platform launches. After launch, it has been predicted to hit $1, providing over 10,000% gain for its earliest public investors.
You can now join the presale with Bitcoin (BTC), Ethereum (ETH), and other stablecoins. If you prefer to use fiat, credit and debit cards are also available as payment options. Buying now will also earn you a 20% bonus on your purchases when you use the code “ETFS20”.
It’s time for you to take action to secure your financial future. For the first time in Bitcoin (BTC) history, ETFs can now be swapped directly on a decentralized exchange. Be a part of this history and join the presale now.
For more information about the ETFS Presale:
The post Bitcoin Runes Set To Usher In The Bull Market With Groundbreaking Technology appeared first on Blockonomi.
