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

Shiba Inu’s Top 10 Largest Whales Holding 61% Of Supply Move Into This Ethereum Token

Bitcoinist
by Bitcoinist
Last Updated: September 9, 2024 8:20 am
·
Posted in Industry
Trusted Editorial content, reviewed by leading industry experts and seasoned editors. Ad Disclosure

According to on-chain data, Shiba Inu (SHIB) is topping the list of altcoins with the largest investors present in the market. Data shows that the meme coin whales are holding a substantial 61% of the circulating supply. However, the new Ethereum token, ETFSwap (ETFS), has posed itself as a tempting option, and most of the Shiba Inu (SHIB) whales are already moving into its presale.

Shiba Inu’s Largest Crypto Whales Move Into ETFSwap

In a post on X (formerly Twitter), an on-chain analytic firm, Santiment, shed light on how some of the top altcoins in the cryptocurrency industry are faring against each other in terms of the percentage of the total caps currently held by the ten largest respective wallets on the crypto network.

Usually, the top ten largest wallet addresses correspond with the largest crypto investors in the market. The chart shared by Santinment puts Polygon (MATIC) as the first, with the top ten wallets holding 69.4% of the entire circulating supply, while Shiba Inu’s (SHIB) metric stands at 61.2%. Theoretically, altcoins, like Shiba Inu (SHIB), that have a high presence of centralization naturally run the risk of volatility. This may be why most of its whales are plodding into ETFswap (ETFS), a low-risk and less volatile investment.

ETFSwap: Experience The Best Of DeFi While Trading Institutional ETFs

ETFSwap (ETFS) is a decentralized finance (DeFi) platform on a mission to transform the accessibility and efficiency of exchange-traded fund (ETF) trading through blockchain technology. It achieves this by bridging the wide gap between the traditional finance (TradFi) market and decentralized protocol, allowing investors to access tokenized exchange-traded funds (ETFs) and cryptocurrencies in the same place.

The tokenization platform optimizes blockchain technology’s elements to provide a decentralized environment for investors. Consequently, they have access to blockchain features like data immutability, consensus, no KYC governance rights, efficiency, low fees, peer-to-peer (P2P), 24/7 access, on-chain data, etc. In essence, this eliminates all forms of centralized bodies.

The crypto ETF trading platform has several groundbreaking features that make trading fun and worthwhile. For example, it allows investors to stake their assets and earn yields. Participating in staking activities rewards investors beyond the yields; ETFSwap (ETFS) provides liquidity for swap trading. Consequently, they are able to swap their ETFs for cryptocurrencies securely within multiple markets.

As a market-maker, ETFSwap (ETFS) provides investors with liquidity for continuous long and short-term trading, making buying and selling assets and securities easier. Its leveraged trading options also provide them with ample leverage. Investors can amplify their trades up to 10x, boosting their potential gains. Similarly, they can utilize a 50x leverage on all the listed ETFs.

Investors can get the best with ETFSwap’s AI technology. This technology consists of algorithms that analyze data, trends, and the like to predict and recommend tailored ETF investment opportunities to investors. This tool helps new and seasoned investors to choose the best options.

For investors who want to experience the benefits of the ETFSwap (ETFS) ecosystem, the time to act is now. Just like the Shiba Inu (SHIB) whales, investors can acquire the presale at a low $0.03846, with the next price set at $0.03846. The presale is in high demand, and the current price is almost sold out. Don’t miss this opportunity; invest now!

Moreover, Cyberscope, a leading auditing firm, has thoroughly audited ETFSwap’s (ETFS) smart contracts and found no vulnerabilities. The team has also been certified for KYC by SolidProof, ensuring the safety and reliability of investments.

Final Thoughts

Like the Shiba Inu (SHIB) whales, investing in the ETFSwap (ETFS) presale at its current price could be your ticket to a successful 2024. Don’t miss out on the potential for high returns; invest now!

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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