Saturday, September 28

Ripple (XRP) and Bitcoin Cash’s (BCH) underperformance in the crypto market suggests that holders of the respective crypto tokens are better off considering other coins, especially if they intend to make maximum gains in this bull run. ETFSwap (ETFS) has stood out as a viable option for these investors since they could make up to a 100x return from the crypto token.

ETFSwap (ETFS) Presents A 100X Opportunity

ETFSwap (ETFS) presents an opportunity for crypto investors to make a 100x return (and even more) on their investment. Crypto experts predict the crypto token will rise to $10 in this bull run as ETFSwap (ETFS) has already shown its potential with a 500% increase in its value since launch.

This bullish outlook towards ETFS is mainly due to its utility as the native token of ETFSwap, a decentralized finance (DeFi) platform already making a name for itself in the asset tokenization industry. The DeFi platform tokenizes exchange-traded funds (ETFs) and makes them available for on-chain trading.

ETFSwap (ETFS) is also enjoying a lot of hype because it stands out from centralized trading platforms offering ETFs. For one, the DeFi platform is more accessible, considering that users only need a crypto wallet and their fiat or crypto tokens to invest in these traditional assets. Investing in the platform is also more straightforward since Know-Your-Customer (KYC) requirements are non-mandatory, unlike centralized entities, which make it compulsory.

Furthermore, ETFSwap (ETFS) operates 24/7, meaning investors can open and close their trades anytime. Thanks to the robust liquidity on the DeFi platform, users can swap their traditional assets for either fiat or crypto tokens (and vice versa) with minimal slippage.

ETFSwap (ETFS) has also implemented a revenue-sharing program to reward its users. Holders of the ETFSwap (ETFS) token will be eligible for a share of the fees earned on the platform. Given its offerings, ETFSwap (ETFS) will win over many traditional finance (TradFi) investors who will invest millions of dollars into the tokenized funds on the platform.

This liquidity will pass through the ETFSwap (ETFS) token, which could contribute to its parabolic price surge. As a result, crypto investors are already positioning themselves ahead of this occurrence, with over 70 million tokens sold in stage 1 of ETFSwap’s (ETFS) ongoing presale.

How Ripple (XRP) And Bitcoin Cash (BCH) Have Underperformed

Ripple (XRP) is one of the few crypto tokens among the top 50 coins by market cap that hasn’t recorded any year-to-date (YTD) gain. Instead, the crypto token has declined by over 11% since the start of the year. Ripple’s (XRP) underperformance has also seen it drop to seventh place on the crypto ranking, with Binance Coin (BNB) and Solana (SOL) overtaking it.

Interestingly, crypto analysts have continued to give bullish price predictions for Ripple (XRP), but none of their price targets have been attained so far, with the crypto token still lagging. Some analysts have argued that Ripple’s (XRP) price is currently suppressed due to the long-running lawsuit between the Securities and Exchange Commission (SEC) and Ripple. However, that argument is unlikely to stick, considering that Ripple (XRP) couldn’t sustain a rally above $1 when it was ruled not to be a security.

Meanwhile, Bitcoin Cash (BCH) holders have been unimpressed with the crypto token’s performance even though Bitcoin Cash (BCH) has enjoyed a YTD gain of almost 100%. This is because most of these holders bought the crypto token at its peak in 2017, when it hit an all-time high (ATH) of $4,300. Since then, Bitcoin Cash (BCH) has dropped by over 88% to its current price of $515.

Most concerning to these holders is that Bitcoin Cash (BCH) might never reach its peak again. So far, crypto analysts haven’t sounded so optimistic about Bitcoin Cash (BCH) even getting close to its current ATH. The highest they predict that the crypto token will rise in this bull run is $800.

Conclusion

With the impressive demand the ETFSwap (ETFS) token has recorded so far, this presale stage is expected to end sooner rather than later. It is currently selling for an affordable price of $0.00854 in Stage 1, but the price is set to jump 2x to $0.01831 in Stage 2. Therefore, crypto investors who have yet to purchase the crypto token must act fast to enjoy this 100x opportunity.

For more information about the ETFS presale,

Visit ETFSwap Presale

Join The ETFSwap Community

Share.

R Shah is a journalist and writer based out of Delhi, India. She is an Economics graduate from Delhi University. She can be reached at R.Shah@alexablockchain.com.

Comments are closed.

Exit mobile version