Peter Brandt, a renowned crypto market expert, has revealed to his almost one million followers that Ripple (XRP) may suffer a dip in value against Bitcoin (BTC) as both coins approach all-time lows. Amid this, ETFSwap (ETFS) has emerged as the better overall option, with the chance of high returns
XRP was created by Ripple Labs to provide financial institutions with low-cost and speedy clearance of cross-border money transfers. However, the cryptocurrency has unfortunately been setback by a legal battle with the United States Securities and Exchange Commission (SEC) since 2020.
In light of this, Brandt has informed his over 728k+ followers on X (formerly Twitter) that the XRP/BTC pair is in danger of moving below its long-term range low. The crypto expert expressed worries that Ripple (XRP) has only closed higher than present levels in six months out of the last 126 months and expects an asset like Ripple (XRP) to have a little more performance.
Brandt also revealed that altcoins like Ripple (XRP) have more potential for the upside than Bitcoin (BTC) for the remainder of this ongoing market cycle. However, he admits that with Bitcoin (BTC) and Ripple (XRP) trading around their current levels, the heavy “burden of proof” rests on XRP.
The crypto market expert, who since 2017 has remained bearish on the XRP/BTC pair, went on to fan the flames of speculation when he questioned, “If the potential for gains is now with altcoins, why not invest in a project other than XRP?”
Thus, the crypto expert left his many followers to draw conclusions with respect to the only other altcoin, ETFSwap (ETFS), that continues to see a surge in its presale value as it nears a new all-time high despite the recent market volatility.
The ETFSwap (ETFS) platform is the first to offer seamless swaps between ETFs and cryptocurrencies, as well as fiat, while leveraging the security and safety of the blockchain. As a decentralized finance (DeFi) platform, this allows the platform to provide real-time settlements, instant liquidity, and a 24/7 trading service for users.
Unlike traditional brokers, ETFSwap (ETFS) does not require users to submit Know Your Customer (KYC) information to be able to use the platform. This ensures that users’ data are always protected at all times. To ensure the safety of user assets, the DeFi platform has undergone a rigorous audit process under CyberScope, a leading blockchain security firm, and the result of the audit showed that the platform and its smart contracts are completely safe to use.
Furthermore, the platform makes it possible for investors to amplify their investments with up to 50x leverage for all listed ETFs and up to 10x leverage for all assets listed on the platform, including cryptocurrencies.
To access the platform, users will need to hold the ETFS token, which is the utility token of the ecosystem, as the only requirement. This is not the only benefit of holding the tokens, as the platform’s trade-to-earn incentive gives investors the opportunity to own tokenized real-world assets, enjoy passive income when they stake the ETFS token, and exercise governance rights as holders of the tokens.
For now, the only way to get ETFS tokens is through its presale, where the tokens are currently selling at an affordable price of $0.00854 in its stage 1 presale. However, with the price set to increase to $0.01831, investors will be wise to get in now and enjoy an immediate 100x increase in profits by stage 2.
More than 65 million tokens have already been sold out in the first stage of the presale, and early investors could enjoy the platform's potential for a 100,000% return on their investments, with crypto experts predicting that ETFSwap (ETFS) could rise to as high as $20–$30.
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