Once a frontrunner in the meme coin phenomenon, the Dogecoin price is still struggling to break the $0.10 barrier, leaving many investors with no other option but to seek new opportunities. One such opportunity is the ETFSwap (ETFS) DeFi token, which presents a better bet than meme coins with a promise of 25,000x returns.

ETFSwap (ETFS): Offering Tokenized ETFs And High Return Potential

As a DeFi platform built on the Ethereum network, ETFSwap (ETFS) is changing the way investors interact with cryptocurrencies. It gives them the opportunity to spread their portfolios across various asset classes through tokenized exchange-traded funds (ETFs). These ETFs cut across different real-world assets (RWA) in real estate, equity, commodities, healthcare, transportation, and many other ETF currencies.

Investors looking to make 25,000x gains are attracted to incentivizing features on ETFSwap (ETFS) that amplify profit-making. One of which is that all ETFs carry a 10x marginal trading capital feature that easily qualifies them for profits of 1,000% returns. Also, investors can take advantage of the customizable trading features that allow them to adjust positions with a 50x feature, which positions their investments for 5,000% gains. In addition, ETFSwap (ETFS) rewards users who stake their tokens with annual percentage yields (APY) of at least 87%.

For ETFSwap (ETFS) to be a fierce contender in the crypto market, its robustly developed beta platform will launch in a few days. The first phase will give users the capability to participate in various liquidity pools, staking and swapping activities, and access to real-time prices of all ETF currencies. Meanwhile, the second phase of the ETFSwap (ETFS) beta platform will feature sophisticated AI-powered tools like the ETF screener, ETF filter, and ETF tracker. With this technology, ETFSwap users have a huge advantage as it prevents them from taking significant losses by highlighting the best possible ETF investment options based on overall market conditions. All of these features put ETFSwap above OG meme coins like Dogecoin (DOGE).

While the Dogecoin price is still struggling to break the $0.10 barrier, demand for the ETFSwap (ETFS) DeFi token continues to rise and its deflationary token model reassures investors that the price value of ETFS will rise significantly in the coming months. To further strengthen investors confidence, ETFSwap (ETFS) has completed its KYC verification process with SolidProof, a cybersecurity and blockchain audit firm that specializes in checking vulnerabilities on blockchain projects to protect them from hackers and other fraudulent activities. Also, ETFSwap (ETFS) collaborates with MiCa-compliant institutions to provide secure backing and trading of exchange-traded funds (ETFs).

Dogecoin Price Struggle To Break Barrier

The Dogecoin price has hit a wall, with attempts to break the $0.10 barrier but has been met with strong resistance constantly. After its recent rally, the Dogecoin price now finds itself in a consolidation phase. Most experts believe that if the Dogecoin price continues to struggle at this price level, there may be a significant decline for the meme coin.

The $0.105 mark has acted as a key support in the past, and many traders are keeping an eye on the meme coin. If the Dogecoin price holds this support, it may make another attempt for the meme coin to reach $0.11. However, if the meme coin breaks below $0.105, the Dogecoin price could drop further, testing the psychological support at $0.10. A break below $0.10 would likely trigger more selling pressure, leading to deeper declines in the short term for the meme coin.

According to CoinGecko, Dogecoin (DOGE) has a market cap of $15.7 billion. As of the time of writing, the Dogecoin price is at $0.1077, reflecting a 12.3% decline in the last 14 days for the meme coin.

Join The ETFSwap (ETFS) Presale

ETFSwap (ETFS) is currently carrying out the third stage of its ICO, and has shocked the crypto world by selling over 2 billion tokens in such a short period. Poised to give investors 25,000 returns before the end of 2024, both retail and institutional investors are rapidly buying ETFS tokens at a very low price of $0.003846 each. Joining the presale now gives you a chance to take early profits, as most crypto experts tout ETFSwap (ETFS) as the best option to become a crypto millionaire.

For more information about the ETFS Presale

Visit ETFSwap Presale

Join The ETFSwap Community

Despite its stagnant price, some crypto analysts remain confident that the XRP price can increase 1000x from its current level. A 1000x price increase would represent a rise to $500 for XRP, which is undoubtedly an ambitious price target considering its current price. This article explores whether the crypto could eventually reach this price target.

Will A 1000X XRP Price Increase Happen

A 1000x XRP price increase can eventually happen as the crypto market continues to experience significant growth. A rise to $500 for XRP heavily depends on how much the crypto market grows and how soon it achieves this growth. For context, a $500 XRP means the crypto will have a market cap of $28.3 trillion based on its current circulating supply of 56.65 billion coins.

In reality, a 1000x XRP price increase seems unlikely at the moment, considering that the crypto market is valued at just around $2.3 trillion. However, the market will continue to expand as time passes, opening up the possibility of XRP setting its sights on this price target. Interestingly, Ripple CEO Brad Garlinghouse predicted earlier in the year that the crypto market would double in size and reach $5 trillion by year-end.

Another way in which XRP could reach this price target is if there were more deflationary mechanisms in place to help remove a significant amount of coins from circulation. This is why members of the XRP community have, at different times, called on Ripple to burn its escrowed funds based on the belief that this could trigger a significant rally.

Moreover, it will make a $500 XRP more feasible since fewer coins are in circulation. Token burns could be pointless if there is no actual demand for the asset. In XRP’s case, the crypto looks poised to enjoy massive demand with the potential launch of XRP ETFs. In line with this, crypto analysts like BarriC predict that the XRP price can reach $1,000 if an XRP ETF is approved.

What Will Make A 1000X Price Increase More Likely

The launch of US XRP ETFs will provide a major boost for the XRP price and could eventually be one of the catalysts for the 1000x rally. Depending on these funds’ success, their presence in the XRP ecosystem could lead to a supply shock that sends XRP flying. Besides these ETFs, Ripple will also have a role to play if the coin is to reach $500.

Ripple has centered its payment service around XRP, which continues to provide a bullish outlook for the coin. Analysts predict that the crypto firm could, at some point, steal a significant share of the market from SWIFT in processing cross-border payments. This development could lead to a massive surge in XRP’s demand and contribute to the 1000x price increase in the process.

In the meantime, the Ripple SEC lawsuit must end as the legal battle hinders the crypto firm’s progress, especially in the US market. Ripple CLO Stuart Alderoty recently disclosed the next steps in the appeal. Based on the timeline, the case could run till year-end 2025 or the beginning of 2026.

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Boluwatife Adeyemi

Boluwatife Adeyemi is a well-experienced crypto news writer and editor who has covered topics that cut across DeFi, NFTs, smart contracts, and blockchain interoperability, among others. Boluwatife has a knack for simplifying the most technical concepts and making it easy for crypto newbies to understand. Away from writing, He is an avid basketball lover and a part-time degen.

Disclaimer: The presented content may include the personal opinion of the author and is subject to market condition. Do your market research before investing in cryptocurrencies. The author or the publication does not hold any responsibility for your personal financial loss.