Factors That Could Cause The XRP Price To Explode

There are four factors that could cause the XRP price to explode. First, XRP’s legal status is no longer contested, as revealed in the US Securities and Exchange Commission’s (SEC) filing, which showed that they are only appealing the ruling on Ripple’s XRP institutional sales and other distributions. This is significant since the SEC’s classification of XRP as a security before now is believed to have negatively impacted the XRP price.

The approval of the pending XRP ETF applications could also trigger the XRP price explosion. These funds will drive institutional inflows, which could cause the XRP price to skyrocket. Thirdly, the community’s sentiment is also key, especially among whales. These whales positively impact the XRP price as they accumulate more coins. Lastly, Ripple’s payment service could trigger an XRP price rally as more financial institutions continue to adopt the crypto firm’s service.

ETFSwap (ETFS) Set To Rally To As High As 8,450%

ETFSwap (ETFS) is set to rally as high as 8,450% in three weeks from its current price of $0.05769. This bullish outlook for the Ripple rival stems from the massive demand that the ETFSwap decentralized platform and its native token are set to enjoy in the coming weeks. The decentralized finance (DeFi) platform is set to roll out its beta platform, which offers investors tokenized exchange-traded funds (ETFs).

This first-of-its-kind offering is already catching the attention of investors who have been looking for a more convenient way to trade these traditional assets. These investors can simply swap the Ripple rival token ETFS for their desired ETF. The demand that the token has witnessed in its ongoing presale shows that its price will record a parabolic run when the beta platform launches.

The ETFSwap (ETFS) token is also expected to enjoy massive demand from investors looking to easily diversify their portfolio between traditional and crypto assets. The ETFSwap platform makes this easy as it offers securities and crypto trading. Investors will be able to gain exposure to other asset classes using the Ripple rival.

Furthermore, investing in the ETFSwap (ETFS) platform is easier as its Know-Your-Customer (KYC) requirements are non-mandatory. This enables investors to start investing quickly. Meanwhile, investors will also be able to invest and trade anonymously as zero-knowledge (ZK) proof technology will be integrated into the DeFi platform.

The Ripple rival will also enjoy a bullish price explosion because the token provides access to other money-making opportunities on the ETFSwap (ETFS) platform. For instance, the platform boasts a staking feature, which allows investors to stake their tokenized ETFs and crypto assets and earn up to 78% annual percentage yield (APY) on their staked assets.

Thanks to the Ripple rival, investors will be able to trade ETF perpetuals on the ETFSwap platform. The platform offers up to 50x margin on a trader’s initial capital when shorting or longing these traditional assets. This trading feature enables investors to hedge against their investments in the underlying asset.

Meanwhile, the ETFSwap (ETFS) token also provides access to exclusive investment opportunities on the DeFi platform. Investors holding the Ripple rival token will enjoy first access when ETFSwap’s ETF launches in 2025.

Conclusion

The ETFSwap (ETFS) token provides more investment returns than the XRP price, considering that it is set to rally 8,450% in three weeks. As such, this is an opportunity to make life-changing gains by simply getting in early and buying the Ripple rival before the remaining tokens in its bonus round sells out.

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This is a sponsored article. Opinions expressed are solely those of the sponsor and readers should conduct their own due diligence before taking any action based on information presented in this article