XRP Whales Exit Limbo to New Dogecoin Rival, ETFSwap (ETFS) Amid Prolonged Court Case

Following XRP’s decline to $0.5, it appears XRP whales are moving capital into a new Dogecoin rival, ETFSwap (ETFS).

As XRP continues to trade below $0.5, XRP whales are considering moving their funds to a new Dogecoin rival, ETFSwap (ETFS). The price trend on Ripple remains unclear amid the prolonged Ripple and SEC case. In light of this, XRP whales are seeking to capitalize on other investment opportunities.

According to market experts, there has been a pattern of investment diversification from Ripple (XRP) holders over the past few months. However, the recent ETFS trend further highlights the new coin’s prospects and reveals why ETFS could be a rival to Dogecoin (DOGE).

XRP Whales Pivot Funds To New Dogecoin Rival Amid Prolonged Court Case

As new developments emerge in the Ripple and SEC case, XRP whales are considering jumping ship to a new Dogecoin rival. Despite the SEC case nearing its conclusion, it has hindered Ripple's growth since December 2022. The court case has largely determined Ripple prices over the past few years.

Recent reports indicate that the court has ordered Ripple to pay a $125 million fine to the SEC. Compared to the $2 billion initially requested by the SEC, crypto enthusiasts believe this ruling to be a win for Ripple. However, there is no confirmation of a settlement yet, and XRP prices have remained on a steady trend.

Previously, experts predicted that a win for Ripple could lead to higher XRP prices. However, there haven't been any exciting price movements for Ripple (XRP) amid recent developments in the case. At the time of writing, XRP is trading at $0.05636 with minimal price action over the past month.

Amid the recent market turbulence, XRP whales are pivoting their funds towards more promising investment opportunities. Recent activity on the new ETFS presale suggests that XRP whales may favor the token as an investment option.

ETFS Presale Anticipated To Explode With Massive Whale Activity

A new platform called ETFSwap is emerging with a unique DeFi product that has attracted the attention of both retail and institutional investors. Experts place the new presale token above existing coins like DOGE in terms of its promising prospects ahead of the bull run.

Compared to existing ETF platforms, ETFSwap presents a new approach to ETF investments. Utilizing the Ethereum network, ETFS will be able to integrate crypto-compatible features that are unavailable on centralized platforms. Therefore, the new ET trading platform combines the strengths of both worlds, breaking the limitations of centralized markets.

With ETFS, users can perform faster ETF settlements even outside traditional market trading hours and effortlessly swap between ETFs and crypto. Additionally, they can engage in staking, lending, enjoy lower trading costs, and leverage smart-contract enabled features. ETFS presents a whole new experience in the ETF market. Furthermore, users will be able to diversify their assets across a wide range of commodities.

Moreover, ETFS will provide a comprehensive trading service for both cryptocurrencies and ETF assets. Users can engage in market-making opportunities and futures trading with up to 50x leverage for higher profit margins. Notably, users can trade without undergoing KYC procedures.

However, the ETFS team has completed KYC verification through SolidProof, a leading blockchain security company. This assures early investors that they are betting on a verifiable and legitimate team as they join the hype around this Dogecoin rival.

Conclusion

Amid recent market conditions, ETFS has gained attention from XRP whales, surpassing Dogecoin (DOGE). According to experts, ETFS could experience a 50,000% price increase, which early investors are eager to capitalize on. Emerging as a revolutionary platform in the crypto market, the new ET trading platform could lead early adopters to promising gains.

Join the presale now at $0.03846 per token before the price increases to $0.03846.

For more information about the ETFS Presale:

Visit ETFS Presale Page

Join The ETFS Community

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