Technology
Dogecoin Stalls At $0.11, Shiba Inu Makes A Play For $0.00004, But This Altcoin Is A Better 100x Bet – Crypto News
The recent market chart shows Dogecoin (DOGE) stuck at a $0.11 price level, Shiba Inu (SHIB) gearing up to make a 4x run, and another altcoin rallying to rise by 100x. The ETFSwap (ETFS) token is in a league of its own as its 100x run is set to make millions in profits for many already accumulating this altcoin.
ETFSwap (ETFS) Set To Dominate The Crypto Market
Amidst the long list of altcoins with a potential to soar, ETFSwap (ETFS) aims for the top spot as its 100x run is a better bet than the projected increase of cryptocurrencies. Already, the ETFSwap (ETFS) has one of the best-performing presales in the crypto market. In its last stage, its ongoing presale has raised $4 million and may be completed faster than expected. Market analysts believe the recent uptick in the financial market is the reason behind the 17% surge in the ETFSwap (ETFS) presale that saw over $700,000 tokens sold within the last three days.
With the presale ending soon, the ETFSwap (ETFS) listing on major exchanges is scheduled to follow immediately. Coinbase, MEXC, Binance, etc., are some of the crypto exchanges set to list this altcoin. Going by the huge bullish sentiment of the ETFS token in its presale phase, experts say the altcoin will likely launch above $3. This prediction is not too ambitious as the ETFSwap (ETFS) DeFi platform is set to launch in less than 5 days. For context, the ETFS token is the native token of the ETFSwap (ETFS) platform. This is a platform that tokenizes real-world ETFs in sectors such as oil & gas, transportation, technology, health transportation, etc., making it possible to buy and trade ETFs on the blockchain.
With the hype surrounding the launch of the ETFSwap (ETFS) platform and the listing of its native token, investors expect the token to skyrocket and hit its 100x target. Moreover, the ETFS token has many utilities on the ETFSwap (ETFS) platform and other uses. It gives users access to exclusive ETF information, ETF AI trading tools, and discounts on transaction fees when using the platform. Its earning opportunities are airdrop rewards, up to 36% profit from the staking pool, and up to 87% on APR. ETFSwap (ETFS) will be a big contender for the most profitable altcoin, ahead of its counterpart in the coming altcoin season.
Dogecoin (DOGE) And Shiba Inu (SHIB) Battle To Return To Bullish Ways
Following the announcement of the US Fed rate cut, the crypto market enjoyed a reasonable surge that took Dogecoin (DOGE) to a key price level. Technical indicators, including the Relative Strength Index (RSI), signal bullish sentiment as Dogecoin momentum builds for a hike to new highs. Analysts speculate a good rise should Dogecoin (DOGE) surpass the $0.11 support level.
According to an analyst on X, formerly Twitter, Dogecoin (DOGE) has moved from a bearish to a hopeful state.
Any strong influence from the Dogecoin (DOGE) community, as well as increased inflow into the crypto market, can do a world of good for the meme coin. And this can also benefit Shiba Inu (SHIB) as it makes a play for $0.00004 from its current price of $0.000014. Moreover, Shiba Inu is already rallying with bullish momentum as the layer-2 network Shibarium has seen increased activities recently. This reveals a growing adoption of Shiba Inu (SHIB), a catalyst for growth for the altcoin.
Additionally, the present bullish market condition has put many Shiba Inu (SHIB) wallets in profit. Given this, experts believe there is less pressure on Shiba Inu holders to sell, allowing the altcoin to attempt its 4x rise to $0.00004.
Conclusion
With Dogecoin finding it difficult to break its $0.11 price level and Shiba Inu (SHIB) aiming for just a 4x rise, ETFSwap (ETFS), offering a 100x potential, is the better bet for investors. Now is the time to buy this altcoin, as its presale might end soon. You can buy ETFSwap (ETFS) at just $0.03846, and for those that purchase within the next couple of hours, use “ETFS50” to get up to a 50% discount.
For more information about the ETFS Presale:
Disclaimer
This article is a paid publication and does not have journalistic/ editorial involvement of CoinGape. CoinGape does not endorse/ subscribe to the contents of the article/advertisement and/or views expressed herein. Do your market research before taking any actions . The author or the publication does not hold any responsibility for your personal financial loss.
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