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Shiba Inu And Dogecoin Price Fail To Break Resistance As ETFSwap (ETFS) Readies For 50,000% Jump

Bitcoinist
by Bitcoinist
Last Updated: October 20, 2024 11:00 am
·
Posted in Altcoin News
Trusted Editorial content, reviewed by leading industry experts and seasoned editors. Ad Disclosure

After several attempts, Shiba Inu (SHIB) and Dogecoin prices have failed to break their resistance and test new levels. The Dogecoin price is yet to breach $0.14, and the Shiba Inu price is still unable to break its $0.00002 resistance. While the movement of these meme coins is still uncertain, ETFSwap (ETFS) is gearing up for a 50,000% price jump as its presale hits the final stage and listing on major exchanges in view. 

ETFSwap (ETFS) Readies For Listing As Presale Sets To End Soon

After some weeks of an explosive run, the ETFSwap (ETFS) presale is coming to a completion, and investors can now see its listing on major exchanges happening soon. The ETFSwap (ETFS) native token has sold massively over the last few weeks, raising over $5 million in its ongoing presale, which is now in the last stage. Market experts predict a 50,000% surge for the token when it starts trading on Binance, Coinbase, Bybit, and like as scheduled. One of the three scheduled events for ETFSwap (ETFS) occurred recently, the launch of the ETFSwap (ETFS) DeFi platform on Testnet. The next in line is the listing of the ETFSwap (ETFS) native token on major exchanges after its presale ends. The third is the application for Spot ETF trading. 

As the crypto market awaits the listing of the ETFS native token, the recent launch of the ETFSwap DeFi trading platform boosted investors’ confidence and increased bullish sentiments. The ETFSwap DeFi trading platform is a place to buy real-world ETFs on the blockchain. The DeFi platform tokenizes commodity ETFs in sectors like oil & gas, transportation, and agriculture, as well as other forms of ETFs like fixed-income ETFs and Spot crypto ETFs. This crypto solution allows these ETF-class assets to trade on the blockchain. It runs a perpetual trading system with up to 50x long and short options for traders to position well for maximum profits. The platform also offers AI tools that assist traders, helping them to aim for high gains by reading and analyzing the ETF market data to give predictive analysis and investment recommendations. Following the launch of this highly anticipated DeFi trading platform on Testnet, the crypto community is abuzz and eagerly awaits the listing of the ETFSwap (ETFS) native token. 

After listing the ETFS token, the application for Spot ETFSwap ETF will come up in 2025. Market analysts point to the growth of Bitcoin (BTC) and Ethereum (ETH)  after their approval to be traded as Spot ETF as the type of growth to expect the ETFSwap (ETFS) to experience. This is set to add to the momentum the ETFS token needs to make its 50,000% surge. 

Shiba Inu And Dogecoin Price Sits On Fence

Some investors who sold their holdings bought the ETFS token did so because of the state of Shiba Inu (SHIB) and Dogecoin price. The Dogecoin price remains at the $0.11 price level after many days, unable to break $0.14 regardless of crypto bull efforts. The Shiba Inu price is also in a similar situation as the Dogecoin price as it didn’t break out to hit the $0.00002 resistance level despite staying well above its support level of $0.00001809. Market experts say Shiba Inu and Dogecoin prices are on the fence and can go in any direction as their Relative Strength Index (RSI) is neutral. Shiba Inu’s price may surge beyond $0.00002 and head to a $0.00006204 price level or drop to $0.000016. Dogecoin price may also move to $0.14 and rise to $0.2 or sink to $0.08.  

Conclusion

As Dogecoin and Shiba Inu prices continue to wait for which direction to go, the ETFSwap (ETFS) token is on a defined path to a 50,000% run. Since CyberScope, an industry-leading security, has already audited the ETFSwap (ETFS) ecosystem, you can confidently join many investors buying the ETFS token selling for just $0.03846 before the presale ends. 

For more information about the ETFS 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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