The post Ripple Whales Go Crazy With $100 Million Transfer In 24 Hours; What This Means For XRP Price appeared first on Coinpedia Fintech News
XRP price may be on the verge of a move after two Ripple Whales wallets, “rP4X2hTa7A” and “rhWt2bhRq3,” had a 100 million Ripple (XRP) transfer. Despite the large volume of XRP transferred, XRP’s price still hovers around $0.54, and is unable to retest its support level of $0.66 to make a move upwards. While investors are hoping for more Ripple Whales inflow to trigger an XRP price to rise, they are investing in ETFSwap (ETFS), a crypto token set to take the lead in the coming bull run with a 10,000% run.
Investors Ask Questions As Ripple (XRP) Whales Make Huge Transfers
After a transfer between two Ripple Whales wallets that saw $100 million Ripple (XRP) moved, investors are asking questions about the XRP price. Since the recent Ripple Whales transaction added to the ongoing uptick in XRP price, many investors expected Ripple (XRP) to retest its support at $0.66. However, since XRP price presently trades at $0.54, investors are asking if Ripple (XRP) will still rally or decline.
A decline could cause the XRP price to drop to $0.46, leading to liquidation for many trading XRP futures. However, should Ripple whales continue with high volume transfers, especially inflows into Ripple (XRP), market experts say XRP price could rally and be in good shape to increase significantly in the next bull run.
However, for now, whether XRP price is bearish or bullish is uncertain. Also, if Ripple Whales will act again is also unknown. Based on this, investors are now targeting the ETFSwap (ETFS) token, which has a solid potential to make a 10,000% run in the upcoming bull run.
ETFSwap (ETFS) Multiple Announcement Send It Hype To All-time High
ETFSwap (ETFS) is a cryptocurrency with a groundbreaking DeFI trading platform and a solid native token with high utility. These two ETFSwap (ETFS) components have recently reached huge milestones that have added to the existing hype around the ETFSwap (ETFS) ecosystem.
First is the ETFSwap (ETFS) DeFi platform, which is a novel crypto solution built to tokenize traditional real-world ETFs so that they can be traded on the blockchain. With the ETFSwap (ETFS) DeFi trading platform, users can buy and trade commodity ETFs on the blockchain. The platform also features a perpetual trading system that allows users to trae long and short ETFs with up to 50x potential gain. The platform uses ultra-modern AI trading tools to help traders maximize their profits. These tools do this by reading and analyzing trading data and giving accurate predictive analysis and investment recommendations. After months of anticipation, the DeFi platform has been deployed on Testnet. This deployment is a massive announcement after months of waiting.
While the crypto community is buzzing with the DeFi platform launch, the native token is also set to be listed. The ETFS token, which has raised over $5 million, is now in its last presale stage. With the buying pressure it has experienced over the past few weeks, the last presale stage may end soon. The ETFS token has been scheduled to be listed on major platforms and exchanges. Recently, the KYC-verified ETFSwap team announced the first listing of ETFS tokens on Coinmarketcap. The next step is listing the token on Binance and other major crypto exchanges.
With the latest listings on Coinmarketcap, the hype around the ETFSwap ETFS native token skyrocketed. Experts say some Ripple Whales might join the presale before it ends and the token is listed. Analysts in the DeFI space spoke of the utility of the ETFS token, saying it will drive the value high coupled with other positives of the ETFSwap cryptocurrency. Some utilities set to solidify the 10,000% run of the ETFS token include its up to 36% staking earnings, APR yield of up to 87%, voting access, and the access it gives to premium resources on the ETFSwap DeFi platform.
Conclusion
With investors unsure of continued Ripple Whales inflow and XRP price movement, many are diversifying their investments to the ETFSwap (ETFS) token, which is headed in a bullish direction. Selling for $0.03846, now is the time to buy the token before it moves to the next listing stage on Binance, Bybit, and other major crypto exchanges.
For more information about the ETFS Presale: