Although the XRP price has not portrayed any impressive move in recent months, Ripple whales are still buying in, signaling their confidence in the cryptocurrency. Despite the XRP price, in the past two days, over 40 million tokens were bought by Ripple whales, sparking discussions in the crypto market. As investors observe to see how such a move will affect the XRP price, ETFSwap (ETFS) is also stealing attention with its progressive presale journey. Titan whales have invested over $5 million and bought more than 600 million ETFS tokens in its presale, betting big on the innovative crypto project to potentially secure maximum gains.
XRP Price Holds Promise As Ripple Whales Buy Over 40 Million Tokens
As observed by top crypto analyst, Ali Martinez, Ripple whales recently accumulated over 40 million XRP tokens in just 48 hours. While such a move mostly indicates a bullish sentiment among these large investors, XRP price is still in its bearish territory.
The huge purchase by Ripple whales currently clashes with the fluctuating XRP price due to the SEC’s appeal. Regardless, it is believed that this accumulation by Ripple whales might increase demand or positively influence the XRP price as more investors tap into this confluence.
Essentially, the actions of these Ripple whales suggest an optimistic outlook for the XRP price. A major price recovery could even commence forthe XRP price if more Ripple whales perform a buying spree. In any case, investors are urged to stay cautious as the actions by these Ripple whales could also attract strong market volatility.
ETFSwap (ETFS) Gains Incredible Traction As The First Decentralized ETF Trading Platform
As a fully decentralized DeFi platform, ETFSwap (ETFS) is known for spearheading the first exchange platform for tokenized Exchange-Traded Funds (ETFs). In a nutshell, investors and traders can now purchase or trade tokenized ETF assets with cryptocurrencies on ETFSwap (ETFS). The main attention so far for ETFSwap (ETFS) has been its platform features. To begin with, on the ETFSwap (ETFS), users will not only be able to access the ETF market 24/7, they can also onboard the platform without any KYC check.
While this promotes easy accessibility and user-friendliness, ETFSwap (ETFS) does not slack on security, as its smart contract has been audited by CyberScope- a leading audit firm, while its team has completed a KYC verification certificate with SolidProof. Additionally, ETFSwap (ETFS) employs robust security and privacy features to safeguard users personal data and protect them from cyberattacks and scammers.
Users of ETFSwap (ETFS) are set to enjoy more benefits when they invest in its native token, ETFS. With this ETF-focused cryptocurrency, users become eligible to trade with lower fees, earn up to 36% passive income from its staking pool, vote on the platform’s governance, and access new-listed ETFs early.
With additional monthly airdrops, an 87% APR yield, and up to 50x trading on all ETFs when trading options and futures, users can easily trade tokenized ETfs on ETFSwap (ETFS) and enjoy many profit opportunities. Active investors who are purchasing the ETFS token at a price of $0.03846 during its presale are even more bullish on this altcoin as they anticipate further growth with the launch of its beta platform.
The ETFSwap (ETFS) beta platform is set to launch soon after its debut on its testnet. The beta platform is designed to enable investors to trade ETFs while earning rewards through its staking mechanism. Investors also gain access to its vast liquidity pools, ETF price trackers, swapping features, and more. With backend development already complete after a series of UI testing, phase 2 of the ETFSwap (ETFS) beta platform will introduce AI-powered trading tools like ETF screeners and trackers to help users with trading recommendations and market analysis.
Wrapping Up
While ETFSwap (ETFS) is still in its third presale stage, analysts have already predicted that the unique altcoin will experience 108x growth by the time its ETFS token lists on exchange platforms. CoinMarketCap has already listed this innovative token, so investors are diving into its presale to acquire tokens at a lower price before the presale officially ends.
For more information about the ETFS Presale:
Visit ETFSwap Presale
Join The ETFSwap Community