Crypto influencer Bitboy has provided a bullish outlook for the XRP price, stating that XRP will replace meme coins.
Meme coins are currently outperforming the XRP price in this market cycle, but that could change soon, according to crypto influencer Bitboy. The crypto influencer’s recent statement undoubtedly provides a bullish outlook for the XRP price, which has remained stagnant. Meanwhile, ETFSwap (ETFS) is another coin that has the potential to outperform these meme coins.
Crypto Influencer Says XRP Will Replace Meme Coins
Crypto influencer Bitboy stated in an interview that XRP will replace meme coins in the next cycle, providing a bullish outlook for the XRP price. The crypto influencer further suggested that all the money that has flowed into meme coins will eventually move to XRP, causing the XRP price to enjoy a significant rally.
For now, meme coins continue to outperform the XRP price, with top meme coins like Dogecoin, Shiba Inu, and PEPE recording larger year-to-date (YTD) gains. Shiba Inu, which has the lowest YTD gains (77%) among these meme coins, is still way ahead of the XRP price, which boasts a YTD loss of 15%.
ETFSwap (ETFS) Could Also Outperform These Meme Coins
ETFSwap (ETFS) is also in a good position to outperform and replace these meme coins and even the XRP price. This is based on its impressive utility, which suggests that the crypto token has the potential to gain a lot of attention in this market cycle. ETFS is the native token of the ETFSwap platform, which offers tokenized exchange-traded funds (ETFs).
Investors will need the ETFSwap (ETFS) token to access these tokenized ETFs. Investors will also be able to use the token to invest in other crypto assets on the ETFSwap platform, as the team has partnered with MiCA-regulated investment banks to offer securities and crypto trading.
Therefore, the ETFSwap (ETFS) platform will enjoy attention from both traditional finance (TradFi) and crypto investors looking for an easier way to diversify their portfolios and gain exposure to both asset classes. The other money-making opportunities on the ETFSwap platform will also attract these investors, potentially leading to ETFS replacing these meme coins.
These money-making opportunities include the passive income that investors stand to earn on the ETFSwap (ETFS) platform. For instance, the platform’s staking feature allows investors to stake their tokenized ETFs and crypto assets and earn up to 75% annual percentage yield (APY).
Investors can also make passive income by providing liquidity to liquidity pools on the decentralized trading platform. Liquidity providers earn up to 30% of the fees from token swaps. ETFSwap (ETFS) holders are also eligible for monthly airdrops from the ETFS rewards pool. Such opportunities will likely drive the volume from meme coins into the ETFS token.
Furthermore, ETFSwap (ETFS) holders get first access to exclusive investment opportunities like the platform’s ETF, which is set to launch next year. The crypto holders also possess governance rights and can participate in the platform’s decision-making and influence decisions that impact their investment goals.
The ETFSwap (ETFS) token is set to go head-to-head with these meme coins as soon as the ETFSwap beta platform launches. The beta platform has already launched on the Ethereum testnet, meaning that a mainnet launch will happen anytime soon.
The fact that the decentralized finance (DeFi) platform is built on Ethereum will also attract many investors looking to tap into the network’s unparalleled liquidity. These investors will also enjoy ample liquidity thanks to ETFSwap’s (ETFS) market-making services.
Conclusion
ETFSwap’s (ETFS) unique use cases prove that the crypto can go head-to-head with meme coins and the XRP price. ETFSwap (ETFS) even has a better upside since the crypto is just about to launch. As such, investors looking to position themselves for the crypto’s success must hurry and buy some of the remaining tokens in the ongoing bonus round of its presale.
For More Information On ETFSwap and its 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.
