The meme coin sector seems to have been hit hard by the few market corrections, with the price of popular meme coin Shiba Inu (SHIB) crashing; however, investors are confident in the ETFSwap (ETFS) token’s potential for tremendous growth.
Shiba Inu Price Crash Increases Demand For Utility Assets
Shiba Inu has suffered the most challenge among meme coins in the past month, and the chart remains a cause for worry, especially as the Shiba Inu price continues to go down by almost 22%. The majority of Shiba Inu investors are currently disgruntled, with 65% consistently losing money on their investment as the Shiba Inu price trades in the red.
A bleak outlook is observed for Shiba Inu because large investors are not accumulating or distributing SHIB tokens. Additionally, whale activity and interest are low, as seen in the reduced number of large transactions, which is down 11% in the past day.
Shiba Inu’s overall network growth is down 0.19%, which serves as a momentum signal indicating a very bearish sentiment. The current trading price of the Shiba Inu across major exchanges is $0.000013.
Meanwhile, some wishful thinking among a few investors predicts Shiba Inu will hit $1. However, for that to happen, the meme coin must rally by 76,276 times, or 7,627,665%, to hit a $1 target.
A more accurate projection puts the meme coin’s minimum and maximum trading prices at $0.00002941 and $0.00003360, respectively.
ETFSwap (ETFS) Provides A More Rewarding Alternative For Investors
The ETFSwap (ETFS) platform is home to the top crypto ETFs, namely spot Bitcoin and spot Ethereum, as well as the most profitable institutional ETFs that are tokenized and made accessible to crypto investors.
Unlike meme coins with a fleeting value, the DeFi platform’s native ETFS token is pegged to the value of every real-world asset it represents, making it the best altcoin in the crypto market for smart investors. The ETFS token has shown remarkable resistance to market manipulation as it remains in high demand for investors who actively buy to stake for the high annual percentage yields (APY) of up to 87% available on the platform.
Users on the ETFSwap platform can enjoy 10x leverage on trades and increase their profits by as much as 20,000%. They also have 50x leverage when they pair the native ETFS token with top-value tokenized ETFs listed on the platform.
The DeFi platform offers its users immense benefits, such as risk aversion, lower transaction costs, and reduced trading fees. Users are also shielded from the involvement of third parties like brokers and do not need KYC clearance to access the platform.
The value of the ETFS token continues to appreciate as an active user base of 30,000 traders and investors daily acquire the tokens to access the unique investment tools on the platform, such as the AI-powered ETF Scanner, ETF Filter, and ETF Tracker, which gives a 90% accuracy on its sentiment analysis, market trend evaluation, and recommendation based on regularly updated historical data.
The ETFSwap platform guarantees safe smart contracts that pass the audit by CyberScope, one of the leaders in blockchain security, and KYC verification with SolidProof to ensure transparency in all aspects of transactions.
Analysts and investment experts express unwavering confidence in the ETFS token’s potential growth based on its outstanding utility and huge adoption in the crypto market.
A rare opportunity is presented to investors to acquire the ETFS token now at the one-time low price of $0.01831 in the ongoing presale.
Conclusion: Crypto Investors Turn To The ETFSwap (ETFS) For A More Stable And Valuable Asset
As the Shiba Inu (SHIB) price continues its downward slide to signal bearish sentiment, smart investors are choosing the ETFSwap (ETFS) tokens for the expected price rally that is assured in the approaching bull run.
For more information about the ETFS presale,