A well-known Bitcoin trader, who famously predicted a huge XRP price jump in 2017, is making waves again. This time, they’re forecasting a massive return for a new project: ETFSwap (ETFS).
XRP Price Predictions
The trader correctly predicted XRP would surge to $3.80 in 2017. Now, they believe XRP could hit $1.50 before the end of 2024. They see this as part of a broader bullish market, with Bitcoin potentially reaching $89,000. However, they also acknowledge potential downsides for XRP, including ongoing legal issues.
ETFSwap (ETFS): The 30,000% Prediction
The trader’s main focus is on ETFSwap (ETFS), a new DeFi platform. They predict a staggering 30,000% price increase by December, from its current presale price of $0.05769 to $15. They see similarities between ETFS’s current position and XRP’s before its 2017 rally.
What Makes ETFSwap Unique?
ETFS offers several key features that the trader believes will drive its growth:
- Low Trading Fees: Users will pay minimal fees when trading various ETFs and cryptocurrencies.
- Trading Incentives: Attractive rewards for swapping ETFS tokens.
- Live ETF Price Tracker: Real-time market data for informed trading.
- 100x Trading Booster: Amplify gains on ETF trades (up to 60,000%).
- Passive Income: Earn staking rewards up to 87% APR.
- Perpetual Contracts: Trade futures on Bitcoin, Ethereum, and XRP.
- Multiple Trading Positions: Take advantage of various market conditions.
- Tokenization of Real-World Assets (RWA): Tokenize your assets using the ETFS token.
- Instant Settlements: Fast and efficient on-chain transactions.
- High Security: Audited smart contracts and KYC verification.
The Bottom Line
The trader believes ETFS is a strong investment opportunity, potentially creating significant wealth for investors during the 2024 bull run. They compare its potential to the XRP rally of 2017. For more details, visit the ETFSwap presale.