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Shiba Inu Price Prediction: Can SHIB Reach $0.01? Expert Proposes 12,000% Rally For Competitor

Bitcoinist
by Bitcoinist
1 year ago
·
Posted in Altcoin News
Trusted Editorial content, reviewed by leading industry experts and seasoned editors. Ad Disclosure

Market experts have continued to discuss whether or not Shiba Inu (SHIB) can replicate its 2021 bull run in this market cycle and rise to $0.01. However, one expert has asserted that SHIB cannot reach $0.01. Meanwhile, the expert has predicted that Shiba Inu’s competitor ETFSwap (ETFS) will enjoy a better run than the meme coin, rallying 12,000% to $4.

ETFSwap (ETFS) To Enjoy A 12,000% Price Rally

The expert has predicted that the Shiba Inu competitor ETFSwap (ETFS) will enjoy a 12,000 price rally and rise above $4 from its current price of $0.03846. This bullish outlook comes amid the imminent launch of the ETFSwap beta platform, which the expert claimed will contribute to the token’s parabolic rally. The ETFSwap (ETFS) platform tokenizes exchange-traded funds (ETFs) and enables on-chain trading of these traditional assets. The beta platform launch will allow users to access this first-of-its-kind offering, as they will be able to trade ETFs and crypto assets in one place. 

The ETFSwap (ETFS) team, certified by SolidProof, has collaborated with MiCA-regulated banks to facilitate the smooth running of securities and crypto trading on one platform. Investing and trading both asset classes will be straightforward as users simply need to convert their ETFS token to their desired asset. 

Once phase 1 of the beta platform goes live, investors will get to experience how ETFSwap (ETFS) is indeed bridging the gap between traditional finance (TradFi) and decentralized finance (DeFi). Thanks to ETFSwap’s user-friendly interface, investors will be able to convert their ETFs to crypto and vice versa using the ETFS token. 

Investing in the platform is also very straightforward since there are no Know-Your-Customer (KYC) requirements. As such, investors can start investing quickly in their favorite assets. They will also be able to invest anonymously as the trading platform will integrate zero-knowledge (ZK) proof technology. 

Meanwhile, ETFSwap (ETFS) will stand out from centralized trading platforms as it offers 24/7 market coverage, allowing users to buy, sell, and trade their ETFs anytime, even after traditional trading hours. This feature is set to give ETFSwap investors an edge, considering that these stocks recorded the most price gains after trading hours. 

The money-making opportunities on ETFSwap (ETFS) will be on full display when phase 2 of the beta platform goes live. When that happens, users will be able to provide liquidity to the liquidity pools and earn up to 30% of fees from token swaps. The staking feature will also be integrated during phase 2. 

Users will be able to stake their ETFs and earn mouth-watering staking reward yields on their staked assets. The staking feature also extends to the crypto assets on the platform, including its native ETFSwap (ETFS) token. Those who stake the ETFS token can earn up to 87% annual percentage yield (APY) on their staked tokens. 

There has been an impressive demand for ETFSwap (ETFS) in its ongoing presale as users want to get a front row to these offerings. This demand is another reason the expert predicts that ETFS will record a 12,000% price rally and outperform the likes of Shiba Inu (SHIB). 

Shiba Inu (SHIB) Can’t Reach $0.01

The expert has asserted that Shiba Inu (SHIB) can’t reach $0.01. He explained that Shiba Inu’s (SHIB) circulating supply is the primary reason the meme coin cannot reach this price level. For Shiba Inu (SHIB) to reach $0.01, the expert claimed that about 50% of its circulating supply would need to be burnt. 

Meanwhile, the expert mentioned that he doesn’t have high expectations for Shiba Inu (SHIB) in this market cycle. He stated that contrary to some predictions, the meme coin might not delete another zero from its current price in this bull run. The expert’s bearish outlook for Shiba Inu (SHIB) is because other newer meme coins are gaining more attention over SHIB. 

Conclusion

Based on the expert’s prediction, ETFSwap (ETFS) is evidently a better investment option than Shiba Inu (SHIB). Investors stand to make up to 120x returns on their investment when ETFSwap (ETFS) records its 12,000% rally. However, you must hurry if you want to make maximum gains, as the token’s presale is fast selling out. 

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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