After seven years of accumulation, a major breakthrough seems to be in view for Ripple(XRP), as crypto analysts project a price surge to $10 during the 2024 bull run.  While this possible blow-up in price is clearly exciting news for Ripple (XRP) enthusiasts, it is also drawing investor attention to other promising projects like ETFSwap (ETFS).

ETFSwap (ETFS) has been making waves recently for its impressive performance, surpassing several other popular crypto tokens and resisting market fluctuations.

Crypto Analysts Spot Key Trends That Back Up Ripple (XRP)’s Potential Blow-Up

Cryptocurrency analyst ‘U-Copy’ recently implied that Ripple (XRP)’s days of forming a triangle pattern are coming to an end. In an X tweet, he mentioned that the “seven-year long accumulation,” which began in 2018, “will soon start to show XRP’s real color in 2024 bull cycle.”

Referring to the 500,000% surge Ripple (XRP) saw after its 2013-2017 accumulation phase, U-Copy predicts that the crypto token could even experience a more substantial upward movement in 2024, considering this current accumulation period has been longer.

Source: U-copy

A report by Santiment, a crypto analytics firm, has further backed up U-Copy’s predictions. The firm recently observed a rise in the movement of dormant tokens on the Ripple (XRP) Ledger and a growing open interest in Ripple (XRP) on exchanges, hitting its highest level in the past three weeks.

They suggest that this spike in activity could be connected to rising investors’ interest in buying the dip from key stakeholders, leading to the token’s mild price climb since May 1st.

With all these trends pointing to an emerging bullish phase, investors are already looking at opportunities to diversify their portfolios and maximize their potential gains with other high potential projects.

Apart from Ripple (XRP), another project that has been drawing even more investor attention this period is ETFSwap (ETFS), a remarkable tokenization platform for cryptocurrency Exchange-Traded Funds (ETFs).

ETFSwap (ETFS) – The Next 4000x Crypto Investment This Coming Bull Run

As the crypto market recovers and a bull run approaches, several indications point to ETFSwap (ETFS) as the next crypto asset with the potential for a 4000x move.

One of these indicators is that ETFSwap (ETFS) is the only platform that offers tokenized versions of exchange-traded funds (ETFs), as detailed in their official prospectuses.

ETFSwap’s market-making and perpetual trading services allow investors to trade continuously without expiration dates, ensuring liquidity and flexibility. As crypto investors start to diversify their portfolios ahead of the coming bull market, ETFSwap (ETFS) provides the opportunity to trade ETFs from various sectors, such as technology, energy, healthcare, and commodities.

These traders can also leverage their positions up to 10x, an opportunity to multiply their gains without necessarily investing additional capital. On top of these, the platform rewards token holders with trading fee discounts, voting rights, and early access to new listings.

These benefits have made ETFSwap (ETFS) witness a rapid demand from investors since its presale began, with over 65 million tokens already sold out so far. These ERC20 tokens are a direct representation of the ETFs listed and traded on major institutional exchanges, creating an open market for investors to trade on the platform.

Investors who have joined ETFSwap’s presale by now have successfully taken advantage of the early bird price offered in stage 1 of the token presale and purchased the token at $0.00854.

If you haven’t invested yet, this offer will be gone in just a few days, and the presale will enter its second stage, at double the price at $0.01831. Therefore, there’s no better time than now to join the train. Don’t be left out!

For more information about the ETFS Presale:

  •  Visit ETFSwap Presale

  • Join The ETFSwap Community

The post Ripple’s XRP About To Blow Up After Years Of Accumulation – Here’s The Target appeared first on Blockonomi.