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Home Blockchain

Crypto Whales Spend $500,000 On ETFSwap (ETFS) As Shiba Inu (SHIB) And Ripple (XRP) Deliver Low Market Activity

by DigestWire member
October 15, 2024
in Blockchain, Crypto Market, Cryptocurrency
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The cryptocurrency market has been showing concerning signs of market activity for investors. Alarmingly, Shiba Inu (SHIB) and Ripple (XRP) have experienced downward price trajectories recently. In contrast, ETFSwap (ETFS) has caught the attention of investors as crypto whales have spent $500,000 on its native token. 

ETFSwap (ETFS) Will Redefine Financial Markets With A Unified DeFi-TradFi Platform 

ETFSwap (ETFS) is a platform that benefits from the infrastructure of the Ethereum blockchain. Ethereum’s (ETH) robust security protects crypto whales from cyber threats and malicious attacks. As a result, it allows ETFSwap (ETFS) to operate smoothly with decentralised finance (DeFi) tools, enhancing transactional transparency and trust among crypto whales. 

By combining decentralised finance (DeFi) and traditional finance (TradFi), ETFSwap (ETFS) offers a platform for trading, swapping, and investing tokenized ETFs. These tokenized ETFs include cryptocurrency-focused and traditional ETFs and are backed by real-world assets, ranging across various industries such as agriculture,  technology, and healthcare. Similarly, it grants crypto whales and institutional investors access to highly liquid pools to help them manage market volatility. 

In addition, ETFSwap (ETFS) gives users the autonomy to manage their portfolios at any time, regardless of market hours. In the fast-paced crypto environment, 24/7 availability to the marketplace helps traders, particularly crypto whales, to maximise their profit potential instantly. Aside from offering users constant and round-the-clock access to its platform, ETFSwap’s (ETFS) intuitive user interface is one of the most catchy features of the platform. The interface is simple and designed to cater to the needs of both novice and experienced traders. 

After extensive development on the backend of the ETF trading platform, ETFSwap (ETFS) has reached an important milestone and is ready to present its initial features to the public. The upcoming beta release will showcase advanced features of the platform to crypto whales and retail investors while incorporating user feedback to improve the platform.

To add a layer of trust and transparency for crypto whales, ETFSwap (ETFS) underwent a rigorous security audit process by Cyberscope, a cybersecurity auditing firm, which thoroughly evaluated the platform’s infrastructure to identify vulnerabilities and reinforce ETFSwap’s (ETFS) strong security foundation. Additionally, the platform’s team completed KYC verification with SolidProof, a smart contract security auditing firm. 

Shiba Inu (SHIB) Struggles To Gain Momentum 

Shiba Inu (SHIB) has seen little movement in price, reflecting a lull in interest from both crypto whales and retail investors. Despite being one of the popular meme coins, Shiba Inu (SHIB) is struggling to move past $0.00002000 after a major breakout and a significant wick displacement to the downside, signifying more Shiba Inu (SHIB) sellers than buyers.

Shiba Inu’s (SHIB) struggles to gain momentum contrasts with its previous explosive growth periods. Currently, the price of Shiba Inu (SHIB) is $0.00001710. Despite small fluctuations, Shiba Inu (SHIB) remains stuck in a range as investor enthusiasm wanes. 

Ripple (XRP) Faces Market Stagnation Amid Low Activity

Ripple (XRP) has been facing sluggish and consolidating market performance. Low trading activity in Ripple (XRP) continues to hamper its market movement. Despite speculation regarding the launch of an XRP ETF, Ripple (XRP) has been facing strong resistance at the $0.65 price level. As a result, analysts have maintained cautious optimism in Ripple’s (XRP) value. Currently, the price of Ripple (XRP) per CoinGecko is $0.54, slightly down from its previous high. 

ETFSwap (ETFS) Becomes Investors’ Top Pick With Half A Million Crypto Whale Investment 

The large investments in ETFSwap (ETFS) often signal a broader trend, which means that other investors have followed suit as the platform nears its third presale journey. The token has sold over 13.3 million units and has raised more than $1.7 million. Unlike Shiba Inu (SHIB) and Ripple (XRP), crypto whales and investors can be sure of ETFSwap’s (ETFS) stable ecosystem. Furthermore, analysts have predicted a 10,000% surge in the price of ETFSwap (ETFS). Other crypto whales are likewise investing in the platform’s native token at a discounted rate of $0.03846. 

For more information about the ETFS Presale:

Visit ETFSwap Presale

Join The ETFSwap Community

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