In a move that has sent ripples through the crypto market, major exchange OKX has announced the delisting of trading pairs involving Shiba Inu (SHIB), Cardano (ADA), and Ripple (XRP). This decision comes as ETFSwap (ETFS) gears up for a major listing following an impressive ongoing presale run.
ETFSwap (ETFS) Prepares For Major Listing On Top Exchanges
While Shiba Inu (SHIB), Cardano (ADA), and Ripple (XRP) are to be delisted, ETFSwap (ETFS) is set to be listed on major exchanges, including OKX.
In the past few weeks, ETFSwap (ETFS) has become more mainstream, and its presale has continued its astronomical increase. This platform, designed to trade ETFs on the blockchain, sold over 300 million native tokens in its ongoing second presale stage.
The ETFSwap (ETFS) native token sale has grossed over $2.5 million, and experts predict it will increase in the coming days when the Spot Ethereum ETF market begins to receive a huge inflow.
One of the top reasons ETFSwap (ETFS) has managed this massive growth is the new and unique access it gives investors to trade ETFs on the blockchain. By tokenizing ETF assets, investors are able to invest in real-world ETFs in sectors like transportation, technology, oil & gas, agriculture, and more.
Since ETFSwap (ETFS) is a DeFi trading platform, investors can swap crypto for these tokenized ETFs to begin investing. Also, the platform has a perpetual trading system with up to 50x leverage. And this has drawn close to 15,000 people to the platform.
With this investment inflow and huge numbers of registered users, ETFSwap (ETFS) will soon be listed on major exchanges at about $10 despite its presale selling at $0.01831. Experts say ETFSwap’s (ETFS) listing on the likes of Binance, OKX, Coinbase, and others is not a debate; rather, it’s the price, as some analysts argue it will make a 1000x run post-launch, taking its price to $18.
While the talks about price prediction are ongoing, the ETFSwap ETFS team, which has undergone KYC verification, recently announced that it will launch an ETFSwap (ETFS) ETF in 2025. In the meantime, investors can expect to enjoy income from the staking pool( up to 36% profit), APR yield (up to 87% profit), and airdrops on the ETFSwap (ETFS) platform, which has been audited by CyberScope, an industry-recognized security company.
Shiba Inu (SHIB), Cardano (ADA), And Ripple (XRP) To Leave The OKX Exchange
OKX, one of the biggest crypto exchanges, has decided, after a thorough review, to delist Shiba Inu (SHIB), Cardano (ADA), and Ripple (XRP). The exchange cited various reasons for this move, including low trading volume, liquidity concerns, and the need to maintain a robust and efficient trading environment.
While OKX has not provided specific details for each token, the crypto community has quickly speculated on the underlying causes.
In the past few months, the trading volume of these cryptocurrencies has been down for various reasons. Ripple (XRP) is in a legal battle with the U.S. Securities and Exchange Commission (SEC), which has affected its performance. Shiba Inu has also struggled over the past few weeks as the memecoin plummeted after reports of a hack caused a panic sale among investors.
Cardano (ADA) may continue to face selloffs after it failed to rise despite introducing new developments. While Shiba Inu (SHIB), Cardano (ADA), and Ripple (XRP) still have the potential to recover, experts say the delisting will cause further decline as OKX is a major exchange.
Additionally, OKX further warned traders with positions in the impacted trading pairs of Shiba Inu (SHIB), Cardano (ADA), and Ripple (XRP) to cancel orders before they are automatically canceled.
Conclusion
As the OKX exchange delists Shiba Inu (SHIB), Cardano (ADA), and Ripple (XRP) from its platform, it will look to list ETFSwap (ETFS) alongside other major exchanges. Investors who are looking for a more promising cryptocurrency can invest in ETFSwap (ETFS) at $0.01831 per token before it gets listed in the coming months.
For more information about the ETFS Presale:
Visit ETFSwap Presale
Join The ETFSwap Community
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