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Breaking News: Banks Can Soon Issue Stablecoins: FDIC Begins Rulemaking Under GENIUS Act

Ethereum Whale That Bought Shiba Inu Early In 2020 Says This Token Will Produce DOGE-Like Returns

Bitcoinist
by Bitcoinist
Last Updated: September 3, 2024 6:00 am
·
Posted in Industry
Trusted Editorial content, reviewed by leading industry experts and seasoned editors. Ad Disclosure

The foremost meme coins, Dogecoin (DOGE) and Shiba Inu (SHIB), were known to have recorded unprecedented price gains in the 2021 bull run. Crypto investors are known to have made life-changing returns to the massive run from those coins. Now, an Ethereum whale who bought Shiba Inu in 2020, just before the bull run began, has stated that ETFSwap (ETFS) will post the kind of price gains that DOGE did in 2021. 

ETFSwap (ETFS) Will Replicate Dogecoin’s (DOGE) Run

The Ethereum whale has asserted that ETFSwap (ETFS) will replicate DOGE’s run in the 2021 bull run. DOGE recorded a price gain of over 25,000% on its way to reaching its current all-time high (ATH) of $0.73. As expected, crypto investors aren’t taking this Ethereum whale’s prediction with levity, considering that he had the foresight to have bought Shiba Inu (SHIB) in 2020, long before its 150 million percent price gain in the last bull run.

In line with this, these investors have rushed to invest in ETFSwap’s (ETFS) ongoing as they look to make DOGE-like returns from the crypto token. Interestingly, the Ethereum whale who Shiba Inu early, also hinted that he is already well-positioned in ETFS as he looks to make massive returns like he did in the 2021 bull run. 

The Ethereum whale also remarked that ETFSwap (ETFS) replicating DOGE’s run was just a conservative prediction as the crypto token could enjoy a greater price rally. Crypto analysts have also shared similar predictions to the Ethereum whale and even raised the possibility of ETFS toppling Shiba Inu’s historic price gains. 

Why ETFSwap (ETFS) Can Produce Doge-Like Returns

The Ethereum whale, who bought Shiba Inu early, is convinced that ETFSwap (ETFS) can produce DOGE-like returns because of its incredible utility. ETFS is the native token of the ETFSwap investment platform, which is revolutionizing access to exchange-traded funds (ETFs) and other investment opportunities. 

Investors can invest in these traditional assets by simply converting their ETFSwap (ETFS) tokens for tokenized ETFs on the decentralized investment platform. The trading platform also offers crypto assets and several other commodities, which investors can invest in using the ETFS token. This enables investors to gain exposure to several asset classes all in one place. 

ETFSwap’s decentralized nature also means that this will be an easier way to invest in these traditional assets as there are no hidden costs on the blockchain. The trading platform is built on the Ethereum blockchain, which boasts unrivaled liquidity. This ample liquidity will come in handy as ETFSwap will offer 24/7 market coverage, meaning that investors can buy, sell, and trade ETFs during the weekends when the traditional markets will be closed.  

Holding the ETFSwap (ETFS) offers several benefits besides the opportunity to make DOGE-like returns. Investors will enjoy lower fees on the already cost-effective ETFSwap platform. Holders also earn passive income by staking their ETFS tokens, which provide them with up to 80% annual percentage yield (APY). 

Furthermore, token holders are eligible for the monthly airdrop from the ETFS rewards pool. They can also provide liquidity on the trading platform and earn up to 30% of fees from token swaps. 

ETFSwap’s (ETFS) outlook is bullish, and the token will surely replicate DOGE and even Shiba Inu’s run in 2021. It is worth mentioning that the token is deflationary, with a burn mechanism already in place to keep removing coins from circulation once the platform’s beta version launches. The ETFSwap team is also well-experienced and has been certified by the audit firm SolidProof. 

Conclusion

With utility tokens set to take center stage in this bull run, investing in ETFSwap (ETFS) at its discounted price of $0.01831 is a no-brainer. Investors who buy the crypto token now can make over 250x returns on their investment, something which DOGE and Shiba Inu can no longer offer, seeing as they have lost most of their bullish momentum. 

For more information about the ETFS Crypto Presale:

Visit ETFSwap Presale

Join The ETFSwap Community

 

Editorial Process for bitcoinist is centered on delivering thoroughly researched, accurate, and unbiased content. We uphold strict sourcing standards, and each page undergoes diligent review by our team of top technology experts and seasoned editors. This process ensures the integrity, relevance, and value of our content for our readers.
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