Aug 10, 2024 14:42 UTC
| Updated:
Aug 10, 2024 at 14:42 UTC
A cryptocurrency competing with Solana (SOL) in terms of performance is also set to surpass Ripple’s (XRP) market gains in 2024. Although yet to be launched, ETFSwap’s (ETFS) presale success has made far-reaching waves and gathered a huge investment inflow in less than three months.
Experts have predicted that ETFSwap (ETFS) is not only fiercely competing with Solana (SOL) but also set to outperform Ripple (XRP) in terms of profit by the end of 2024.
Solana (SOL) And Ripple (XRP) Battles A New And Unusual Competitor
Solana (SOL) has been one of the flourishing cryptocurrencies in 2024. Solana (SOL) suffered a severe decline at the start of the year, plummeting from $230 to $120, and went further down to $110. However, Solana (SOL) is starting to recover. Currently, it trades at around $150 and is gradually recovering.
This positive recovery puts it among the top-performing cryptos, as this year has badly affected tons of cryptocurrencies, with Bitcoin also (BTC) falling from $73,000 to $49,000. Despite being in its presale, Solana’s (SOL) run is close to that of ETFSwap (ETFS). Experts measured this by the explosive performance of the token’s presale. For context, ETFSwap (ETFS) completed its first presale stage in a few weeks and raised over $1 million. With the second presale stage also raging high, experts say it will outperform Ripple (XRP) when it launches as it targets $10 when it debuts on top exchanges.
Why ETFSwap (ETFS) Is Having An Explosive Presale Run
ETFSwap (ETFS) is having a presale like no other after hitting the market with a new and unique solution in the ETF space. The ETFSwap (ETFS) platform is designed as a DeFi trading platform that allows investing and trading real-world ETFs such as oil & gas, transportation, finance, and agriculture, to mention a few. These asset classes are available on the blockchain so that investors can swap them for cryptocurrencies. The ETFSwap (ETFS) platform has a user-friendly interface that is easy to navigate. It also runs a borderless and permissionless system, allowing users to register without needing KYC details.
As of press time, nearly 15,000 people have registered to use ETFSwap (ETFS) to trade ETFs as it offers perpetual trading with 50x leverage. The platform also gives access to AI-powered tools that can track, analyze, and make predictions about the ETF market. These features attract traders to buy the platform’s token – ETFS– as it gives access to these ultra-powerful trading tools. The ETFS token will soon be exhausted as over 350 million tokens have been sold. The tokens also have many utility and incentives, so more will be accumulated before the ETFSwap (ETFS) launch.
ETFSwap (ETFS) has defied market conditions as more than 60% of the second presale stage tokens have been sold despite fluctuating crypto market conditions. No surprise then that it is vying with Solana (SOL) and set to beat Ripple (XRP) when it launches. One key reason for the latter prediction is the announcement of the KYC-verified ETFSwap (ETFS) team that mentions the launch of Spot ETF for ETFSwap (ETFS) in 2025. According to experts, submitting an ETF application will drive the rise to high price levels capable of making the ETFSwap (ETFS) the best investment of 2024.
How Is Ripple (XRP) Performing So Far?
Ripple (XRP) started the year with a 3.59% rise from $0.615656 to $0.637770 but soon dropped by 19%. By April 2024, Ripple went further down to $0.483486 while battling a legal case with the US SEC. However, by July, Ripple (XRP) had recovered by more than 20%, bringing it to $0.623824.
According to experts, Ripple (XRP) is expected to increase by almost 100% and reach $1 by the end of 2024.
Conclusion
As Ripple (XRP) targets a 100% increase by the end of the year, ETFSwap (ETFS) targets over 1000%. This prediction will put it ahead of its present competition — Solana (SOL), and outperform the predicted profits Ripple (XRP) is set to give its investors.
With ETFSwap (ETFS) still in the presale phase, selling for $0.01831, now is the time to invest and position for massive ROI.
For more information about the ETFS Presale
Clark
Head of the technology.
#Press Release
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