This Week In Crypto: GameStop (GME) Price Plunges, XRP Ledger Moves To Ethereum

ETFSwap Presale Soars | GameStop (GME) Slumps | Ripple (XRP) Innovates

GameStop (GME) is one of many cryptos that have tried to trade above bearish currents as its price experiences another plunge. Meanwhile, Ripple (XRP) has introduced its EVM compatibility sidechain for trade development. However, ETFSwap (ETFS) tops these market headlines as its presale gears for celebratory milestones.

ETFSwap (ETFS) Takes Centrestage As Presale Raises Millions

ETFSwap (ETFS) is the best tokenized ETF and crypto trading platform to hit the market in recent years. Experts have described this project as potentially possessing all the requirements needed to overthrow top coins in the industry. ETFSwap enables the direct exchange of crypto tokens for tokenized ETFs backed by real-world assets.

ETFSwap (ETFS) is distinguished from conventional ETF protocols because it offers investors various institutional ETFs, particularly Spot ETFs. Another distinguished feature of this project is its seamless wallet connection processes. ETFSwap achieved this by completely eradicating the need for KYC verification during sign-up. Hence, investors enjoy privacy as third parties are not needed to execute transactions.

To further guarantee the safety of users' assets, ETFSwap went through an exhaustive smart contract audit from the top cybersecurity firm, CyberScope. Following the audit, CyberScope confirmed the protocol's safety from bugs, scam attacks, etc.

As ETFSwap grows massively in popularity, its astonishing presale event continues to attract enthusiastic investors. This presale has garnered over a million dollars since its launch, making ETFS one of the highest-performing presale tokens in the 2024 market. 

This remarkable presale is still ongoing as early birds have a chance to acquire the ETFS token at a very affordable price. Each ETFS token is available on the platform’s website for only . Investors that purchase this token now have a good chance of making 100% gains at the end of this stage. 

ETFS holders that engage in the project's staking protocol will earn an APR of 87%. They will also be granted rights to implement changes and enforce development for the betterment of the platform.

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GameStop (GME) Experiences Drop In Rally As Price Falls Below Expectations 

The GameStop (GME) cryptocurrency caught the attention of numerous enthusiasts in the metaverse immediately after it launched. This token was seen as a wise investment option as it continually yielded huge ROIs for investors. 

However, GameStop (GME) has encountered a stumbling block in the way of its previously bullish performance. This token initially soared to $47 per stock and fell sharply to $25 that same day. This violent swing has incurred incredible losses for GameStop investors. 

This volatility continues to affect GameStop (GME) as its trading on June 12, 2024, recorded a fall in price greater than 16%. This decline took place the same day Citron Research announced they were giving up after losing billions on its short position on GameStop (GME).

Ripple (XRP) Makes Headlines As XRP Ledger Makes Ethereum Debut

Ripple (XRP) is the highly efficient blockchain protocol that unveiled the XRPL Ethereum Virtual Machine (EVM) Sidechain on June 12, 2024. This sidechain automatically makes the Ripple (XRP) ledger compatible with the Ethereum network. This innovative move promises seamless interoperability and ushers investors to opportunities in decentralized finance (DeFi) and Real World Assets (RWA).

The announcement sheds light on the goal of multi-chain to support the future of blockchain technology. With Ripple (XRP) functioning as the primary asset and gas token, the Ripple (XRP) ledger EVM Sidechain will be in direct contact with the Ripple (XRP) ledger mainnet. This will boost the flawless transfer of tokens and other assets between this Ledger and the EVM sidechain. Ripple's priority following this announcement includes securing the mainnet bridge for improved user experience. 

Keynotes From This Week's Crypto Events 

The ETFSwap presale headlines all crypto news this week as its presale gears for a sold-out climax. With its community growing vastly, investors looking to make maximum profits this season can start by joining this crypto presale. Investors are encouraged to hurry to earn a 20% bonus on all token purchases. 

For more information about the ETFS Presale:

Visit ETFSwap Presale

Join The ETFSwap Community