Ripple Co-Founder Sparks Bearish Expectations With 18 Million XRP Move, Investors Seek Alternative Safe Haven

Investors have sought to pitch their tents with ETFSwap (ETFS) as Ripple co-founder’s 18 million XRP transfer sparks bearish fears in the crypto community.

Chris Larsen, the co-founder and chairman of Ripple, recently transferred a large quantity of XRP tokens, which has intrigued the crypto community as to the potential market impacts of these transfers. To avoid being caught off guard by the ripple effects of the transfer of XRP tokens, investors are now seeking refuge in ETFSwap (ETFS) as a safer investment haven.

ETFSwap (ETFS) Utilities And Infrastructure presents Investors A Safer Investment Haven

The strong utilities and infrastructures of ETFSwap (ETFS) has made it a stable altcoin that investors can trust even in a bearish market. ETFSwap (ETFS) operates in a fully decentralized finance DeFi (mode) where the control of assets remains in the hands of investors rather than intermediaries. This reduces the risks that are associated with central failures or hacks, providing more security for assets and trades.

The fear of investors of the ripple effects on their investments as a result of the large transfer of XRP tokens by Chris Larsen, is not a fear entertained by those who invest in ETFSwap (ETFS). The strong utilities and infrastructures of ETFSwap (ETFS) present a resilient investment bulwark even in a bearish market.

The structure of the ETFSwap (ETFS) decentralized ETF trading platform allows investors to diversify their portfolios across multiple assets, reducing the overall risks. In a bearish market, diversification is a smart and critical strategy that investors employ to protect their investments. The ETFSwap (ETFS) platform therefore becomes very appealing to risk-averse investors as seen with those moving their investments to safer alternative haven in the wake of the large transfer of XRP tokens.

Moreover, the ETFSwap (ETFS) partnership with Solidproof for the successful KYC verification of the platform team members has proven that ETFSwap (ETFS) operates with high integrity. The platform’s high-level security features, including smart contract audits and user verification, have fortified it against hacks and fraud, particularly in volatile markets.

Why The Ripple Co-founder 18 Million XRP Move Sparkes Bearish Fears

Chris Larsen, Ripple chairman and co-founder, has transferred 3 million XRP tokens to Binance and 15 million XRP to Bittrex-activated wallets. This has created a strong buzz among investors and analysts with the fear that it portends serious market implications.

While these fears from the Ripple chairman action of transferring 18 million XRP is gripping investors and the crypto community, ETFSwap (ETFS) is creating a stronger buzz in all social media platforms with the launch of its Beta platform set to debut on September 28. The phase one of the Beta platform backend has been robustly developed and after a thorough user interface (UI) testing, it will be unveiled shortly. This will allow users to participate in all staking mechanisms, liquidity pools, ETFs prices and all the innovative swapping features. In the second phase of the Beta platform, the highly sophisticated AI powered ETF Screener and ETF Tracker will be unveiled. These trading tools help investors filter and track ETFs for effective trading sessions and informed trading decisions.

Furthermore, another layer to the extensive XRP transfers is Ripple’s recent transaction of 200 million XRP, which is worth around $117 million in an undisclosed wallet, sparking much discussion and possible lawsuits against Ripple. Crypto analysts are of the view that this action by the Ripple chairman could significantly affect market sentiments against XRP’s future. However, ETFSwap (ETFS) has built a strong future that investors have come to trust. With its strategic roadmap to launch its own ETF in 2025 and its revolutionary decentralized ETF trading that is seen as the future of crypto ETF trading, investors have no fear in investing in ETFSwap (ETFS) as a safe investment haven.

Conclusion

The Ripple chairman’s move in transferring 18 million XRP tokens has created fear among investors who seek a safer alternative haven for their investments. ETFSwap (ETFS) on the other hand has built investors confidence by keeping true to its strategic roadmap. On the 28 of September, its Beta platform will be launched and in 2025, its own ETF will be launched. Investors have seen ETFSwap (ETFS) as the safest investment haven, hence the rush to acquire more of its tokens in its ongoing presale with just $0.03846. 

For more information about the ETFS Presale:

Visit ETFSwap Presale
Join The ETFSwap Community

This is a sponsored article. Opinions expressed are solely those of the sponsor and readers should conduct their own due diligence before taking any action based on information presented in this article.