Within the last 48 hours, Ripple (XRP) dipped, causing investors long on the altcoin perpetual futures to lose massively. A report shows a 3,750% decline for Ripple (XRP), about $780,000 in value. Following this loss, investors are switching to a new altcoin, ETFSwap (ETFS), offering a massive 3,000% increase.
ETFSwap (ETFS) Gears Up For A Parabolic Run
While the current altcoins market hasn’t been bullish for a while, ETFSwap (ETFS) is in a league of its own. Its bullish momentum has been strong for the past few weeks, with no sign of stopping as it completed over 80% of its presale token allocation. This means over 350 million ETFSwap (ETFS) tokens have been sold. The token sales so far are worth close to $4 million. This bullish run shows high demand, which analysts say will fuel the rise of the ETFSwap (ETFS) token when it launches on major crypto exchanges like Coinbase, OKX, and the like.
The projected increase when it launches is tipped to be 3,000%. The figure is not based only on hype or the altcoin’s performance in its ongoing presale, which has been successful. Instead, the ETFSwap (ETFS) platform is also a huge factor contributing to the prospect of its native token rising. The ETFSwap (ETFS) platform is a new DeFi platform designed to trade exchange-traded funds (ETFs) on the blockchain. This new solution has attracted people just like its native token — ETFS. Thousands have been waiting for the ETFSwap (ETFS) trading beta platform to launch and experience its 50x long and short perpetual trading options to get huge gains.
The AI trading tools of the platform are another good feature users are waiting for, as it is set to provide accurate investment assistance to users when trading these real-world ETFs in sectors such as oil & gas, transportation, technology, health, and much more. It’s good to note that all ETF assets on the platform are from MiCa-compliant investment banks, and CyberScope, an industry-leading security company, has audited the platform. This means every ETFSwap (ETFS) platform offering, including its token, is a secure and reliable investment.
Seeing the strong and unique features of the ETFSwap (ETFS) platform, it’s clear why its native token, ETFS, is having a bullish run. Moreover, the token also offers some interesting opportunities to earn money. To increase earnings when using the ETFSwap (ETFS) trading platform, the holding of the ETFS token allows users to access the AI trading assistant and other useful information that are exclusive. As for passive earning opportunities, the token can be staked to get up to 36% profit, airdrop rewards, and up to 87% APR yield.
Investors Look Elsewhere As XRP Decline Leads To Massive Loss
Investors trading Ripple (XRP) on future options lost massively, as 3,750% liquidation was recorded. According to a report from Coinglass, the loss amounted to over $780,000. Going forward, the state of Ripple (XRP) remains uncertain, causing investors to look for better prospects to make good returns. Currently, Ripple (XRP) is starting to rise again; however, investors are hesitant about investing heavily as the altcoin may decline again.
Moreover, an Elliot wave analysis of Ripple (XRP) shows that the altcoin may decline again this week. With the 3,000% increase prospect of ETFSwap (ETFS), it has become a better option for investors opting for a profitable altcoin.
Conclusion
With the prospect of the ETFSwap (ETFS) token having a parabolic run soon, it’s an ideal investment for many investors who lost funds trading Ripple (XRP). Despite its bullish momentum, the altcoin is still selling for just $0.03846, giving many the opportunity to invest before the presale ends. Now is the best time to invest, as there is an ongoing 50% discount that will end soon that savvy investors are taking advantage of.
For more information about the ETFS Presale:
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