TheCryptoUpdates
Press Release

Ripple’s (XRP) 15% Drop Opens the Door for GeeFi (GEE), Making Tokens Sale Hit 5.3M on Launch

Ripple (XRP) continues to generate significant market discussion with ambitious projections and major institutional developments. CEO Brad Garlinghouse recently made a bold claim that the XRP Ledger could handle 14% of SWIFT’s massive $150 trillion annual transaction volume within five years, a move that would fundamentally reshape global finance. This comes as the market sees the launch of several spot XRP ETFs, signaling growing institutional confidence.

Despite these milestones, XRP’s price has shown considerable volatility, recently dropping below the $2.00 mark to trade around $1.95. While the new ETFs point to long-term institutional interest, the price action underscores a persistent challenge for the everyday crypto user: the difficulty of using digital assets for daily transactions. This is a practical hurdle that the innovative platform GeeFi is built to overcome.

The Real-World Spending Hurdle

For most people, using XRP to buy groceries or a cup of coffee is a multi-step, inefficient process. It usually requires sending the crypto to an exchange, converting it to fiat currency, and then waiting for a bank transfer to clear. This friction has long stood as a significant barrier to mainstream adoption, making spontaneous, real-world spending impractical.

The GeeFi Team identified this disconnect between asset ownership and everyday utility as a core problem. Development began in 2023 with a mission to build a direct bridge between holding digital assets and using them for commerce. The project launched publicly in 2024, introducing a system designed for security, user control, and practical functionality.

GeeFi: Spend Crypto Globally, Keep Your Keys

GeeFi delivers a powerful solution by pairing a secure non-custodial wallet with the universally accepted GeeFi Card. By giving users full control over their private keys, the platform ensures that you, and only you, own your assets. This commitment to self-sovereignty is a central feature of the GeeFi experience, eliminating third-party risk.

The GeeFi Card, powered by the VISA and Mastercard networks, connects directly to your crypto wallet, enabling you to spend your digital assets in real time anywhere cards are accepted. You can pay for online purchases, travel, or daily expenses without ever needing to off-ramp your crypto through an exchange.

An Opportunity to Join the Next Financial Evolution

The GeeFi platform is designed for accessibility and continuous improvement. The app is currently live on Android and receives regular wallet updates, with an iOS version in development. This focus on building a working product has resonated with early supporters, who have shown strong confidence in the project’s vision.

The GeeFi presale has already achieved significant momentum, raising over $250,000 by selling more than 5.3 million tokens. This early success highlights a clear market demand for solutions that make crypto spendable. Participating in the presale is a chance to support the infrastructure that will unlock the practical value of digital assets for a global audience.

The GEE Token Presale Is Now Live

The GEE token is the utility asset that fuels the GeeFi ecosystem. By holding and staking GEE, users can unlock a tiered rewards program that provides cashback on purchases, reduced fees, and high-yield staking with an APR between 45-55%. The token is structured to enhance the user experience and reward active network participation.

Currently, the GEE token is available in its public presale for $0.05. This price is set to increase after the first phase concludes, offering a time-sensitive opportunity for early supporters. To accelerate community growth, GeeFi has also introduced a referral program. By sharing your personal link, you can earn a 5% bonus in GEE tokens on every purchase made by your referrals.

Learn More

Website – geefi.io
Whitepaper – docs.geefi.io
Telegram Chat – @geefichat
Twitter/X – @GeeFiOfficial
Discord – discord.com/invite/geefi
Download App – geefi.io/download
Presale – hub.geefi.io/buy
CoinMarketCap – coinmarketcap.com/currencies/geefi/

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