Ethereum meme coins and utility tokens are two opposite asset categories in the crypto market. Pepe (PEPE) and Floki (FLOKI) are two meme coins that have captured investors with their community-driven hype, viral marketing, and meme culture.
Ethereum meme coins are generally known for offering no underlying use case; however, utility tokens like ETFSwap (ETFS) show potential in the market, and we look at why you should buy the utility token over PEPE and FLOKI.
Why ETFSwap (ETFS) Is A Better Pick Than PEPE And FLOKI
ETFSwap (ETFS) is an emerging token currently on presale, showing potential for massive growth as the launch approaches. ETFSwap (ETFS) fits the utility token category because it offers users tangible and real-world applications compared to Ethereum meme coins. ETFSwap (ETFS) stands out for its practical use case, groundbreaking platform, and potential for long-term growth.
ETFSwap (ETFS) is an Ethereum-based platform that will facilitate the trading of tokenized ETFs on-chain. ETF assets already operate on a huge centralized market, but leveraging the blockchain adds some unique twists to investments in the asset class. Interestingly, there has been a growing demand for a platform that combines ETFs with the crypto market, especially since the launch of crypto ETFs.
This new platform appeals to native crypto users because it enables decentralized, permissionless trading without KYC registration. Also, this enables seamless portfolio diversification, quick swaps between ETFs and cryptocurrencies, access to liquidity, and lots more. ETFSwap (ETFS) will enable global accessibility of ETF assets from industries such as healthcare, engineering, energy, etc.
ETFSwap (ETFS) is rapidly emerging as the best market gem for early investors, and the presale is making impressive numbers. The presale offers early entry on the utility token, and investors can look to reap massive returns amid the exciting prospects.
Pepe (PEPE) Tops Ethereum Meme Coins Surging
Pepe (PEPE) is an exciting meme coin pick for investors and has performed excellently in the past year. Although Ethereum meme coins are infamous for not having any underlying use cases, they remain some of the best profit engines in the crypto market.
Pepe (PEPE) is a meme coin inspired by the popular internet meme Pepe the Frog. The meme coin launched on the Ethereum (ETH) network in 2023 and had an impressive run amid the bearish market conditions. This exciting price action would follow several months of falling prices and bearish movement.
Pepe (PEPE) has seen increasing demand in the past year, rising by 920% at current prices. As of writing, Pepe (PEPE) is trading at $0.00001466 with a $6.1 billion market cap. The current price range also puts the meme coin close to its ATH, following bullish price movement in the past several weeks.
Floki (FLOKI) Follows The Recovery Trend
Floki (FLOKI) is another meme coin hugely influenced by Elon Musk. Elon Musk got a pet Shiba Inu puppy and named it “Floki.” The post sparked a massive frenzy on Floki (FLOKI), enabling the meme coin to grow a presence in the crypto market.
Most of the bullish price action on Floki (FLOKI) after launch was mostly attributed to subsequent tweets from Elon Musk. However, the meme coin appears to have grown past Musk’s influence as it underwent a full rebranding in the past year.
As of this writing, Floki (FLOKI) is trading at $0.002706 with a $2.5 billion market cap. The meme coin has risen by 714% in the past year and could claim higher price ranges. However, experts have called ETFSwap (ETFS) a better alternative for profit ahead of the token launch.
Conclusion On Ethereum Meme Coins Vs. Utility Token ETFSwap
The market caps of PEPE and FLOKI individually run into a few billion, and while the current market valuation puts both Ethereum meme coins in a decent position for bullish movement, experts predict only about 200% profit potential in the best market conditions. Unlike both Ethereum meme coins, ETFSwap (ETFS) is unaffected by market volatility and is poised to soar to unprecedented heights, regardless of market conditions due to its utility.