The markets are always full of forecasts, and the latest one is turning heads. The price of fan-favorite Dogecoin is expected to rally back to $1 before December. Shiba Inu (SHIB), however, could reach $0.0005. But perhaps the most shocking of all is ETFSwap (ETFS)an Ethereum token, which could rise from $0.03846 to $35.
ETFSwap (ETFS) Shows Promising Signs of Long-Term Prospects and Sustainability
The main feature of ETFSwap (ETFS) is its possibility of tokenizing Spot ETFs. By tokenizing real-world assets including gold, oil, and corn, ETFSwap (ETFS) taps into the massive ETF market and serves as a bridge connecting both traditional ETFs and cryptocurrency-focused ETFs. This, in turn, removes the need for intermediaries while promoting the flexibility and accessibility of Spot ETFs.
ETFSwap (ETFS) offers its users low transaction costs. Unlike traditional platforms, the platform allows large-scale investors, including Shiba Inu investors and institutional investors, to contribute to its liquidity pools. By leveraging liquidity pools, the platform allows users to access high liquidity to trade tokenized ETFs, enabling trading during periods of high volatility.
ETFSwap (ETFS) allows marginal capital trading for ETFsallowing users to gain access and exposure to an underlying asset without having to purchase the asset directly. This potentially offers traders the opportunity to maximize both potential returns and risks by borrowing against their existing holdings, which can be very attractive to investors looking to take advantage of short-term market volatility.
An important milestone in the journey of ETFSwap (ETFS) is its beta platform. After complete development on the backend of the ETF trading platform, the the beta platform has been launched on the testnetoffering early adopters the opportunity to test the functionality and features of the platform before the full launch of the ETF in 2025.
Additionally, ETFSwap (ETFS) improves user trust and security. To do this, in-depth audits were carried out on the platform by Cyberscopea cybersecurity auditing firm, enabling developers to identify and fix weaknesses before they are exploited. Additionally, the platform team carried out KYC verification by SolidProofa smart contract security audit firm.
Dogecoin Price Elevates From Meme Coin To Market Power
Initially, the price of Dogecoin gained traction in small online communities, but attracted the attention of large investors in 2020 and 2021, Dogecoin ranks among the top cryptocurrencies with a market capitalization of $16.5 billion. After experiencing massive growth in 2021 to around $0.75, the price of Dogecoin has since declined to a current value of $0.11.
Despite Dogecoin’s price correction, its historical support around $0.05 represents a psychological and institutional floor for more buying activity. As such, if Dogecoin price breaks through the $0.10 to $0.15 resistance zone, it could lead to a bullish wave with Dogecoin price peaking at $1.
The Rise of Shiba Inu (SHIB) Could Capture the Crypto World
Like the price of Dogecoin, Shiba Inu (SHIB) is often driven by social media buzz and whale activity. Shiba Inu (SHIB) price is generally volatile and corrections usually follow upward surges. According to CoinGecko, the price of Shiba Inu (SHIB) is currently at $0.00001803. Therefore, the common resistance zone for Shiba Inu (SHIB) is around $0.000015.
In Q1 2024, Shiba Inu (SHIB) broke above the resistance level and if the bullish momentum continues, the price could reach a maximum target of $0.0005.
ETFSwap (ETFS) will shock the financial market
After selling millions of units in pre-sale stages and utilizing the crypto industry’s market cap of approximately $2.36 trillion and the ETF market’s market cap of $11.5 trillion, ETFSwap (ETFS) the token will become one of the first tokens to achieve an unprecedented rally in the financial sector.
The value of the token lies in the decentralization of its platform and the broad utility it offers. Currently, the token is selling at a discounted rate of $0.03846 but should reach the $35 target. Thus, investors can still participate in the final pre-sale phase before its conclusion.
For more information on the ETFS presale:
Visit the ETFSwap Presale
Join the ETFSwap community
