Crypto Analyst Says Shiba Inu Price To Rise To $0.0001, But This Ethereum Token Will Rally 20,900% In 2 Months
How high the Shiba Inu price can rise in this market cycle remains a hot topic in the crypto space. This crypto analyst has outlined three reasons why the Shiba Inu price can rise to $0.0001. However, based on his prediction, crypto investors are better off buying the Ethereum token ETFSwap (ETFS), which will rally by 20,900% in two months.
Why The Shiba Inu Price Will Rise To $0.0001
The crypto analyst mentioned the recent spike in Shiabrium’s daily transactions as one of the reasons why the Shiba Inu price will rise to $0.0001. Shibariumscan data shows that the layer-2 network’s activity has recently surged, which is bullish for the Shiba Inu price. The second reason why the crypto analyst believes the Shiba Inu price can reach $0.0001 is because of the surge in SHIB’s burn rate.
Shibburn data shows that SHIB’s burn has increased significantly this month, which is bullish for the Shiba Inu price. The Shiba Inu price is expected to keep rising as more tokens are burnt. Meanwhile, the third reason the crypto analyst stated is that the Shiba Inu price will surge as newer meme coins enjoy massive price gains. He believes some attention will come to Shiba Inu since it is still one of the foremost meme coins.
Why ETFSwap (ETFS) Will Rally By 20,900%
The crypto analyst stated that the Ethereum token ETFSwap (ETFS) will rally by 20,900% from its current price of $0.03846 in two months because of the upcoming launch of the ETFSwap beta platform. When that happens, the crypto analyst remarked that there will be a massive demand for the Ethereum token.
This demand will come from investors looking for an easier way to access the traditional markets and exchange-traded funds (ETFs) specifically. The ETFSwap platform will offer tokenized ETFs, enabling investors to trade these funds on-chain. Trading these funds on-chain is more straightforward since there are no restrictions, unlike centralized, traditional systems.
The demand for ETFSwap (ETFS) will be massive because investors will need the Ethereum token to access the tokenized ETFs on the decentralized finance (DeFi) platform. There will also be an impressive demand for the token among those looking to diversify their portfolios easily. The Ethereum token provides access to crypto assets and other commodities on the platform.
Investors can easily swap the Ethereum token for their desired asset. The token also bridges the traditional finance (TradFi) and DeFi worlds since investors can swap their tokenized ETFs for crypto assets and vice versa using the ETFSwap (ETFS) token. The token also provides access to other exciting features on the trading platform.
For instance, the staking feature allows investors to stake their ETFs and crypto assets and earn up to 75% annual percentage yield (APY) on their staked assets. Holders of the Ethereum token can also earn passive income by providing liquidity to the liquidity pools and earning some of the fees from token swaps.
Furthermore, ETFSwap (ETFS) provides access to exclusive investment opportunities like the DeFi platform’s ETF, which is launching next year. This will be another way investors can maximize their gains in this market cycle. To maximize their gains, investors will also be able to use the platform’s artificial intelligence (AI) powered trading tools, which recommend the best ETFs to invest in.
These unique features will be available once the ETFSwap (ETFS) beta platform launches soon. The platform has already launched on the Ethereum testnet, so a mainnet launch is imminent.
Conclusion
ETFSwap (ETFS) offers better investment returns that the Shiba Inu price with the crypto analyst predicting that the Ethereum token will rally 20,900% in two months. Therefore, those yet to purchase ETFSwap (ETFS) in its ongoing presale need to hurry and do so before the Ethereum token sells out with only about 10% of the presale allocation remaining.
