As change is constant in the crypto market, meme coins like Dogecoin and Shiba Inu that have once rocked the boat of investors are currently showing signs of decline, leading to loss of interest. Most crypto experts are expecting a new utility token, ETFSwap (ETFS), to rally 500x in the coming weeks, and smart investors are rapidly buying this token.
ETFSwap (ETFS): A Secure And Innovative Alternative To Meme Coins
The vast number of meme coins makes it incredibly difficult for investors to distinguish between profitable projects and mere speculative assets. In light of this, ETFSwap (ETFS) is offering investors round-the-clock access to its DeFi platform known for hosting tokenized exchange-traded funds (ETFs). Through the Ethereum network, investors can spread their portfolios across numerous asset classes in the likes of real estate ETFs, commodity ETFs, fixed income ETFs, and more.
In comparison to meme coins that depend on speculations and social media trends, ETFSwap (ETFS) is redefining the crypto investment landscape with its customizable trading features that allow investors to multiply gains significantly. On the ETFSwap platform, investors can expand positions on the listed ETFs using the 50x marginal trading capital in order to earn gains of 5,000%. In addition, ETFSwap (ETFS) offers 87% in annual percentage yields (APY) as a reward to those who stake their tokens.
While interest in meme coins has declined significantly based on the recent Dogecoin and Shiba Inu price predictions, investors are expecting to 500x their portfolios in the coming weeks based on analysis from various crypto experts. Also, ETFSwap (ETFS) will launch its robustly developed beta platform in a few days. The first phase of the ETFSwap beta platform will allow users to participate in various liquidity pools and staking activities and access real-time prices on all ETF currencies. In the second phase, investors will be able to mitigate risk and increase their chances of profits with AI-powered tools like the ETF Screener, ETF Tracker, and ETF Filter.
ETFSwap (ETFS) has increased the confidence of investors in its platform by completing its KYC verification process with SolidProof, a cybersecurity firm specializing in checking blockchain vulnerabilities and protecting financial institutions from hackers and other malicious activities.
Dogecoin Price Outlook
Recent Dogecoin price predictions have not been entirely convincing, and investors are starting to lose interest as the meme coin’s once meteoric rise is now starting to fade off, further reflecting negatively on the Dogecoin price.
Dogecoin’s price began to fall as its daily relative strength index (RSI) peaked over 70, a level that often indicates an “overbought” scenario, a period of correction or consolidation. This implies that traders started locking in profits because they thought the meme coin had peaked in the short term.
Despite a 48% surge earlier in October, Dogecoin price has experienced a slight pullback. From its local peak of $0.149 two days ago, the Dogecoin price has fallen more than 7% as of today. According to data from CoinGecko, Dogecoin (DOGE) market cap is at $20.1 billion. As of writing time, Dogecoin price is at $0.137.
Shiba Inu Price Predictions
The Shiba Inu price is facing strong bears, battling to reach previous highs, which has caused most investors to lose interest in the meme coin. Recent reports reflect a significant decline in transaction volume, with major SHIB trades falling from 4 trillion SHIB to 500 billion SHIB in the last week. This decline in liquidity could make the Shiba Inu price more vulnerable to fluctuations.
In the last 7 days, the Shiba Inu price has experienced a 6.0% decline, and most analysts suggest that without renewed interest in the meme coin, the Shiba Inu price may continue to struggle.
Based on data from CoinGecko, Shiba Inu price is at $0.00001767 with a market cap of $10.4 billion. The current Shiba Inu price is 79.51% lower than the ATH price of $0.00008616 recorded in 2020.
Join The ETFSwap (ETFS) Presale For 500x Returns
ETFSwap (ETFS) is in the third stage of its presale, offering its native token (ETFS) for a very low price of $0.03846. With over 5 billion tokens sold within a short time, investors looking to multiply their profits by 500x are confident about their investments, as now is the best time to buy ETFSwap (ETFS).
For more information about the ETFS Presale