Analyst Zach Humphries recently boldly predicted that the Shiba Inu price could rally 1,000% from its current price level. The analyst further explained why the Shiba Inu price can enjoy such a massive surge.
Why A 1,000% Surge Is Possible For The Shiba Inu Price
In an X post, analyst Zach Humphries said that the Shiba Inu price would make another big run and possibly surge by 1,000% when retail investors return to the crypto space. The analyst explained that the Shiba Inu price has a bullish outlook because SHIB has the luxury of being a household brand in the meme coin and crypto world.
Therefore, the analyst believes that new retail investors will first flock to tokens like SHIB, which they have heard about, which could spark the Shiba Inu price rally. The analyst further mentioned Shibarium as another reason the Shiba Inu price could enjoy this 1,000% rally. He noted that the layer-2 network creates more opportunities for SHIB token burns and adds utility for SHIb, which could attract more crypto investors in this cycle. Lastly, the analyst mentioned that the Shiba Inu price will rally as Ethereum pumps since the meme coin is a top ERC-20 coin.
ETFSwap (ETFS) Is Also Well Placed For A Significant Price Rally
The ETFSwap (ETFS) token is also well placed for a significant price rally like the Shiba Inu price. ETFS is the native token of the ETFSwap decentralized investment platform, which will offer tokenized exchange-traded funds (ETFs) and crypto assets in one place. The platform will also offer other commodities like gold and silver, among others, which investors can access using ETFs.
The ETFSwap (ETFS) platform creates impressive use cases for the ETFS token. Also, it provides an opportunity for a significant amount of ETFS’ 1 billion total supply to be burnt over time. The platform will implement a buy-back and burn mechanism using transaction fees earned to remove these tokens from circulation.
The exciting features of ETFSwap (ETFS) will attract massive demand for the platform and its native ETFS token, as investors will need it to access these features. This will ultimately lead to more ETFS burns since the platform’s daily transactions could run into millions based on the demand from traditional finance (TradFi) and crypto investors.
These investors will be able to easily diversify their portfolios between the tokenized ETFs and crypto assets on the DeFi platform using the ETFSwap (ETFS) token. Those seeking exposure to both asset classes can swap some of their ETF shares for crypto assets and vice versa using the token.
The ETFSwap (ETFS) token provides access to the platform’s artificial intelligence (AI)-powered trading tools. These AI tools, ETF Tracker and ETF Screener, analyze several market data, such as historical trends, trading volume, and market sentiment, among others, and recommend the best ETFs to invest in.
It is worth mentioning that, like Shiba Inu, ETFSwap (ETFS) is also an ERC-20 token, and given its potential to become one of the top Ethereum coins once it launches, the token could also rally as Ethereum pumps. Moreover, ETFSwap’s amazing utility is also set to drive significant inflows into the Ethereum ecosystem, which will make it one of the major ERC-20 coins.
The ETFSwap (ETFS) beta platform has already launched on the Ethereum testnet, meaning that the DeFi platform should launch on the Ethereum mainnet anytime soon.
Conclusion
With ETFSwap (ETFS) still in its presale stage and selling at an affordable price of $0.05769, the token offers a better risk-reward ratio than the Shiba Inu price. Thankfully, those who have yet to position themselves in ETFSwap (ETFS) can still do so with the ongoing bonus round of the presale. However, investors must hurry as there are only limited tokens available.
For More Information On ETFSwap and its presale:
Visit ETFSwap Presale
Join The ETFSwap Community
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