Crypto Analyst and Crypto4Life Youtuber James Jay urges investors not to sell Ripple (XRP) hastily for $10 as this figure looks enticing but could be just a scratch of its major price rally shortly. While Ripple (XRP) continues to make rounds in the media, Cardano (ADA) total value locked (TVL) has been on the surge as the price could propel to $1.
Although Ripple (XRP) and Cardano (ADA) remain long players in the cryptocurrency market, ETFSwap (ETFS) has grown much in popularity over the past few weeks.
Ripple (XRP) – $10 Could Be a Hasty Sale
James Jay, who drew inspiration from Valhill Capital, a financial firm, speculates that the fair value for Ripple (XRP) will range between $9.81 and a staggering figure of $513,000 in the next couple of years, suggesting a Ripple (XRP) price surge could exceed $5,000.
Jay’s analogy also pointed out that Ripple’s (XRP) core business idea of a cross-border payment system to facilitate seamless transactions could be an advantage for its market valuation of $250 trillion by 2027.
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According to the analyst, with Ripple’s (XRP) fixed supply of around 100 billion tokens, its fully diluted market cap of $50 billion would not effectively care for the market’s liquidity demands. To effectively service the $250 trillion market, the price of Ripple (XRP) would exceed $50. Given this, the analyst believes that while Ripple (XRP), valued at $10, could be life-changing for many.
With such speculations, some pro-XRP pundits think Ripple (XRP) is destined for $10,000 per token, which is over 19,000% from its current price of $0.5 as the price continues to struggle below the key region of $1.
Cardano (ADA) Surges Amid Positive Price Action
Cardano (ADA) has experienced a notable surge in its price actions due to favourable market conditions. Cardano’s (ADA) TVL on DefiLlama flashes more indication of price looking likely for a rally.
The past few months have been tough for Cardano (ADA), as its price has struggled to break past $0.42 to $0.43 but has shown many signs of rallying to the upside. Data from DeFiLlama suggest Cardano’s TVL is $423 million before dropping to a region of $261 million.
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Despite much fluctuation for Ripple (XRP) and Cardano (ADA), ETFSwap (ETFS) continues to outperform these tokens in the market as it has gained much attention in the crypto space.
ETFSwap (ETFS) – DeFi’s Big Player
ETFSwap’s continuous growth has surpassed many investors as it continues to emerge as the next big DeFi player, gaining much attention in the crypto space. Building on Ethereum’s blockchain technology, ETFSwap (ETFS) is focused on enabling seamless trading of tokenized exchange-traded funds (ETFs) with cryptocurrency.
The use case presented by ETFSwap (ETFS) enables users to access over 2,000 tokenized ETFs to build a profitable portfolio while ensuring a user-friendly platform for the best trading experience. Users can do this completely anonymously, as the platform does not require KYC verification to trade.
On the token side, the platform also allows ETFS token holders to earn rewards from staking these tokens on the platform, participating in governance to build the ecosystem on bright ideas, and trading with little or no transaction fees.
With such impressive plans, ETFSwap (ETFS) successfully closed out a $750,000 private presale round with its strategic investors and has remained the most successful private sale in crypto.
Its public presale stage 1 is currently ongoing, with over 65 million ETFS tokens sold at the price of $0.00854 per ETFS token. The first stage of the presale is open at this price.
In its stage 2 presale, the ETFS token will be sold at $0.01831 with an exchange listing in the pipeline.
For more information about the ETFS Presale:
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