Shiba Inu Price Fails To Reach ATH, Experts Say This $0.03846 DeFi Token Can Print 4500x God Candle
Recently, the crypto market began to show signs of recovery, with top assets like Bitcoin (BTC) and Ethereum (ETH) racing toward their respective ATH. However, meme coin investors were disappointed in Shiba Inu (SHIB) as it failed to reach its ATH despite the market uptrend, prompting them to shift investments into a DeFi token ETFSwap (ETFS). This article discusses what is next for Shiba Inu (SHIB) and why its investors choose to hedge their bet on ETFSwap (ETFS).
ETFSwap (ETFS) Gears For 4500x God Candle Amidst Presale
ETFSwap (ETFS), an Ethereum-based crypto ETF trading platform, has recently seen an influx of whale investors in its ongoing presale, where it is offering its native token ETFS to all members of the crypto community, including SHIB investors. These whale investors are rushing to buy ETFS because ETFSwap (ETFS) offers the DeFi token at a low price of $0.03846 per coin.
Also, experts are optimistic that the DeFi token is gearing up to print a God Candle, resulting in over 4500x surge in value. More So, ETFSwap (ETFS) creates further avenues for profit through its innovative idea of tokenizing exchange-traded funds (ETFs). The tokenized ETFs will allow all crypto community members to invest in cryptocurrencies and various assets like stocks, bonds, and precious metals on the blockchain.
Since tokenized ETFs are on-chain products, users can track the progress of this asset using real-time blockchain data, enabling them to make well-informed decisions before trading. However, ETFSwap (ETFS) also takes it a notch further by providing users with advanced AI-powered trading tools capable of predictive analysis, enabling traders to make profits at all market seasons. Further, users can extend their profit positions by over 50x on the ETFSwap (ETFS) derivative trading arm and amplify their portfolio through fractional ownership.
ETFS, the platform's native token, will be instrumental in how ETFSwap (ETFS) operates, serving as a utility and governance, allowing users to participate in decision-making on the network through voting on proposals. In addition, only users who hold the DeFi token will be able to trade tokenized ETFs and access all other platform features. As a core part of the ETFSwap (ETFS) ecosystem, the ETFSwap team designed the DeFi token as a deflationary token, meaning its total supply will continue to shrink, preventing overabundance, which can make a token lose value.
Shiba Inu (SHIB) In Limbo After 14% Dip
According to analysts, the top meme coin, Shiba Inu (SHIB), has yet to flip in a bearish or bullish direction after suffering a 14% dip on October 4, 2024. Thus, the current indecision between Shiba Inu (SHIB) bears and bulls has made investors and analysts speculate what lies ahead for SHIB.
Nevertheless, an analysis of the Shiba Inu (SHIB) monthly chart indicates that the meme coin has recorded 27% gains. Also, the Shiba Inu (SHIB) ecosystem has continued to roll out upgrades, solidifying its position in the DeFi sector. Among such upgrades is the launch of Shib The Metaverse, which will allow users to vote on proposals and chat about new ideas. In addition, Shiba Inu (SHIB) also hinted at the launch of its stablecoin on its layer two network Shibarium.
Also, on-chain metrics indicate that Shiba Inu (SHIB) has continued to register massive token burning, and its whales have been active, recently moving over 8 trillion SHIB. While Shiba Inu (SHIB) looks prime for a bullish surge with the potential to surpass its all-time high, the meme coin has continued to trade below its ATH of $0.00008616, which it achieved during the bull market in 2021. According to CoinGecko, Shiba Inu (SHIB) instead exchanges hands at $0.00001807 and ranks 14th in the crypto market.
Conclusion
While Shiba Inu (SHIB) has continued to fluctuate, also failing to reach its ATH, experts are confident that ETFSwap (ETFS), on the other hand, will soon surge by 4500x as it shows signs of printing a God Candle. Also, ETFSwap (ETFS) recently announced the launch of phase 1 of its beta platform, allowing existing and new users to test its sleek features. So don't delay; buy ETFS today without fail!
For more information about the ETFS Presale:
Visit ETFSwap Presale
Join The ETFSwap Community
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