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Cryptocurrency News Articles

XRP Price Suffer Losses As Ripple Whales Migrate Millions To Buy ETFSwap (ETFS) Following XRP Underperformance

Nov 08, 2024 at 06:00 am

The stagnant growth witnessed in the XRP price for over 3 years in the markets has recently led to a smart decision by Ripple Whales to liquidate XRP

XRP Price Suffer Losses As Ripple Whales Migrate Millions To Buy ETFSwap (ETFS) Following XRP Underperformance

Ripple (XRP) whales are reportedly pivoting away from the stagnant XRP price and into a new viral presale token, ETFS, in a bid to recoup losses and move on from XRP's lackluster performance in the crypto markets, according to veteran analysts who forecast a minimum 120x rally in ETFS by December 2024.

XRP Price Drops As Ripple (XRP) Whales Migrate Millions To Buy ETFSwap (ETFS) Following XRP Underperformance

With XRP price growth having stalled for over 3 years in the markets, Ripple (XRP) whales recently made the smart decision to liquidate XRP holdings to buy ETFSwap (ETFS) viral presale in October 2024 and recoup their investment losses.

Blockchain analytics data reports show that Ripple (XRP) whales are dumping XRP price and moving over $200 million worth of XRP into the ETFSwap (ETFS) viral presale token to position themselves for a 120x guaranteed rally in ETFS by December 2024.

The XRP price, which has been heavily affected by the ongoing legal battle with the Securities Exchange Commission (SEC), is now being sidelined by Ripple (XRP) whales.

ETFSwap (ETFS) 120x Rally Could Be The Beginning Of A Mega Surge With $205 Million Cumulative ICO Investments From Ripple (XRP) Whales In October

A veteran analyst's prediction that ETFSwap (ETFS) will rally a minimum of 120x and above in December 2024 has led to a massive spike in demand for the ETFS token, which recently received $205 million in inflows from Ripple (XRP) whales who are turning to it as a safe haven investment amid XRP price underperformance in the crypto markets.

Like previous platform tokens from Binance and UniSwap, which created many millionaires, the ETFSwap (ETFS) Ethereum token will be launching alongside an unparalleled DeFi trading platform and joining the league of top crypto performers in the markets. The ETFSwap (ETFS) beta platform, which was successfully launched on the testnet a few weeks ago, will soon go live on Mainnet for trading interactions as the developers carry out the final tests of its DeFi functionalities. The developers have built ETFSwap (ETFS) to industry standards and have completed its beta platform development.

The ETFSwap (ETFS) beta platform launch on Mainnet will mark a new era and milestone in the crypto industry as it will bridge retail access to buying and selling the most sought-after VIP tokenized ETFs, including equities, vanguard, Ishares, spot Bitcoin, spot Ethereum, commodity, bonds, fixed income and market ETFs among others. Like institutional players, Ripple (XRP) whales and smart money, retail ETF traders and investors using the ETFSwap (ETFS) beta platform will be able to use a built-in 100x trading booster to amplify gains on their tokenized exchange-traded funds (ETFs) positions up to 60,000%.

In contrast to low-volume ETF trading platforms, the ETFSwap (ETFS) beta platform will ensure optimal trading volume and liquidity by utilizing ETFSwap (ETFS) market-making expertise. One standout feature of the ETFSwap (ETFS) beta platform is a live ETF price tracker, which ETF traders can use to check the real-time prices of different ETFs. Another is customizable AI-powered tools such as the ETF tracker, which can accurately gauge the profit potential of ETFs trading in the markets.

Among other customizable AI-powered tools that will be featured in the next phase of the ETFSwap (ETFS) beta platform launch are the ETF Filter and ETF Finder, which can search for ETFs that meet the goals of traders and investors. The ETFSwap (ETFS) beta platform will provide Stake-to-earn opportunities on its different liquidity pools, which have zero risks and are designed to reward users staking ETFs with up to 87% APR. In addition to staking and trading Exchange-traded funds (ETFs), ETFSwap (ETFS) beta platform users will have unlimited access to tokenize their real-world assets (ETFs) and trade them on-chain alongside big whales and top asset managers.

Users of ETFSwap (ETFS) will enjoy instant settlements of their tokenized funds and investment profits when they place withdrawals on the beta platform. They will also be able to trade futures and perpetual contracts of cryptocurrencies, including Bitcoin futures, Ethereum price futures, Dogecoin futures, and XRP price futures, among many others.

Advanced security technologies are built into ETFSwap (ETFS) to protect its beta from malware and cyber attacks, as revealed in its smart contracts audit report by CyberScope security audit firm and ETFSwap (ETFS) beta platform developers, who are licensed DeFi professionals that have also completed KYC onboarding with SolidProof audit firm.

Conclusion

Smart crypto investors who buy the ETFSwap (

News source:techpoint.africa

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