Ripple investors were again in panic mode after a recent 1 billion XRP token unlock caused a supply shock for the Ripple (XRP) token, leading to further price declines for the crypto. Due to this, these Ripple investors are looking for other alternatives and have turned to ETFSwap (ETFS), which is currently selling at $0.01831 for maximum gains.
1 Billion XRP Tokens Unlocked From Ripple’s Escrow
Onchain analytics platform Whale Alert revealed in an X (formerly Twitter) post that 1 billion XRP tokens were unlocked from Ripple’s escrow wallet on September 1 as part of their monthly token unlocks. This development once again sparked a bearish sentiment for the Ripple (XRP) token, as it immediately suffered a price decline, dropping to as low as $0.54.
Ripple’s monthly XRP unlocks are known to spark a wave of sell-offs as investors panic about the supply shock caused by these unlocks. Investors still holding on to their XRP tokens are becoming increasingly frustrated that these unlocks are always a setback for the crypto token. This has led them to search for better alternatives that can provide them with maximum gains.
Ripple Investors Have Found ETFSwap (ETFS)
Ripple investors have found ETFSwap (ETFS) in searching for crypto tokens that can provide them maximum gains. The new crypto, which is selling at $0.01831 in its ongoing presale, is projected to be the next big thing in the crypto space, which is why these Ripple investors are confident that they can make up to a 200x return on their investment in the crypto.
ETFSwap (ETFS) is indeed the next big thing, not just in crypto but also in global finance. The ETFSwap investment platform is revolutionizing how investors invest in several asset classes using the ETFS token. The decentralized finance (DeFi) platform will tokenize real-world assets (RWAs) like exchange-traded funds (ETFs), and users will be able to invest in and trade them by simply swapping the ETFS token for these traditional assets.
In addition to these ETFs, the trading platform will also tokenize several commodities such as gold, silver, rubber, crude oil, and cotton, among others, which investors can invest in using the ETFSwap (ETFS) token. Meanwhile, the platform also offers crypto assets, making portfolio diversification easier.
ETFSwap (ETFS) is the passport to the decentralized platform’s groundbreaking and seamless trading opportunities. The platform offers 24/7 market coverage, allowing users to buy, sell, and trade these ETFs anytime, even when the traditional markets are closed. The ETFSwap platform is built on the Ethereum network, so there is ample liquidity to settle users’ orders instantly.
Investors will be able to carry out their trades anonymously as ETFSwap (ETFS) has integrated zero-knowledge (ZK) proof technology on the platform. This enables users to trade without revealing their identity or other sensitive information. The platform prioritizes users’ privacy, which is why it has also ensured that there are no Know-Your-Customer (KYC) requirements.
Ripple investors are also confident they can make maximum gains from this new crypto because of its tokenomics, which is more impressive than XRP’s. ETFSwap’s (ETFS) supply isn’t concentrated in the hands of team members like XRP, which Ripple holds most of its supply. Investors also do not have to worry about a supply shock caused by the ETFSwap team as they have vested 6% of the token’s supply allocated to them for five years. It is worth mentioning that the team has been verified and certified by the audit firm SolidProof.
Conclusion
With ETFSwap (ETFS) selling at $0.01831, this new crypto offers better risk-reward than a token like Ripple (XRP), whose price has remained stagnant. Therefore, like these Ripple investors, it is best to hurry and buy ETFSwap (ETFS) in its ongoing presale before the tokens sell out, and you miss out on a 200x return on investment.
For more information about the ETFS Crypto Presale:
