Chris Larsen, the Co-founder of Ripple, was reportedly among the signers endorsing United States Vice President and Presidential candidate Kamala Harris. This news has caused a slight uproar in the XRP community, sparking debates amongst Ripple supporters and XRP investors.
As discussions circulate widely, many XRP holders are moving to regulated crypto projects like ETFSwap (ETFS), set to witness a massive price surge following the upcoming US Presidential elections.
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Ripple Co-Founder Faces Backlash Over Support for Kamala Harris
Larsen has apparently attracted severe criticism from the crypto market, especially XRP holders and Ripple supporters, after endorsing Harris for the 2024 US presidential elections. According to a CNBC report, Larsen was one of the 88 corporate leaders who signed a letter supporting Harris’ candidacy.
This announcement has sparked dissension in the crypto community, particularly because Ripple has been in an almost four-year-long legal battle with the US Securities and Exchange Commission (SEC).
The Ripple lawsuit, led by SEC Chairman Gary Gensler, has gained attention and also support from the US Vice President. As a result, many XRP holders and Ripple users have criticized Larsen for endorsing someone seen as aligned with Ripple’s legal opponent.
Following the endorsement, several XRP holders expressed frustration. Under WatcherGuru’s X post on the news, one commenter pointed out that the SEC has held XRP investors “hostage for years” while further criticizing Larsen for appearing to side with the “hostage takers.” Another also expressed how this announcement has let the XRP community down.
ETFSwap (ETFS) Shows Immense Potential For A Bullish Breakout Upon Debut
ETFSwap (ETFS) is an innovative platform that leverages the power of blockchain technology to enable users to swap and trade institutional grade Exchange Traded Funds (ETFs) in a secure, transparent, and seamless manner. By doing this, ETFSwap (ETFS) is planning to revolutionize the accessibility and efficiency of ETF trading— an innovative investment avenue that is already reeling in millions of dollars.
In just a few weeks, ETFSwap (ETFS) has accumulated over $4 million via its ongoing presale, highlighting its dominance in the crypto market. Unlike XRP, numerous analysts expect over a 100X growth for ETFSwap (ETFS) after its debut, followed by an even higher adoption rate.
Currently, ETFSwap (ETFS) is setting new milestones, recording over 500 million sold tokens and raising more than $4 million in revenue. All of these incredible achievements highlight investors’ heightened demand and surging interest in ETFSwap’s native token, ETFS.
By investing in the ETFS token, many users will become eligible for several perks, including reduced trading and transaction costs, monthly token airdrops, and more. Some special trading incentives include up to 37% from the ETFS staking pool, a 10X leverage for perpetual and options trading, and the right to contribute to the platform’s governance through staking.
In addition to these remarkable benefits, ETFSwap (ETFS) allows users to earn up to 87% APR yield and up to a 50X leverage on listed ETFs. To top it off, inexperienced traders still have a chance to execute successful ETF trades, thanks to ETFswap’s advanced trading tools, which provide high value market data analysis and adept ETF trading strategies.
Highlighting its diversity, ETFSwap (ETFS) will enable investors to access and trade cryptocurrency, fixed-income, leveraged, and commodity ETFs on its platform. Additionally, its trading process is secure and transparent, having been audited by CyberScope— a leading blockchain auditing firm, while its team has concluded a KYC verification procedure with SolidProof, a renowned smart contracts security auditing company.
Finally, ETFSwap (ETFS) is preparing to launch its own ETF by 2025. Its ongoing presale is in its third and final stage, and all investors, including XRP holders, will be able to take advantage of its low token price of $0.03846 planned progressive steps. The ETFS token can potentially spike significantly this year.
Wrapping Up
The ETFS token is currently priced at $0.03846 after witnessing a 110% value increase in its last presale stage. The ETFSwap (ETFS) platform is now running its last presale stage, making now the best and only time to invest in the token before it launches into the mainstream crypto market and sees surmounting growth.
For more information about the ETFS Presale:
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