Cryptocurrency analysts continue to set ambitious price targets for how high Shiba Inu and Dogecoin prices could rise in the long run. However, several factors indicate that Shiba Inu price and Dogecoin price may eventually reach these price targets. Therefore, investors should keep an eye on the ETFSwap (ETFS) token, which is set to rise 5,233% in 10 days.
Analysts say ETFSwap (ETFS) token rises 5,233% in 10 days
Analysts predict that ETFSwap (ETFS) token will rise 5,233% in 10 days from its current price of $0.03846 in the ongoing pre-sale. Analysts said this price increase will occur as soon as the token is listed on an exchange. He further explained that demand for ETFS tokens will be huge as investors look to access tokenized exchange-traded funds (ETFs) on the ETFSwap platform.
ETFSwap (ETFS) tokens will enjoy this great demand as investors will need the tokens to invest in ETFSwap’s tokenized ETFs. Investors simply exchange their ETFS tokens for their desired ETF. Interestingly, this prediction came amidst the announcement that the ETFSwap beta platform would go live soon.
Such a bullish announcement only increased analysts’ confidence that ETFSwap (ETFS) will post this massive price increase. Some investors are already looking to secure their positions for the launch of this beta platform by purchasing as many tokens as possible during the ongoing pre-sale. Please note that once the Beta Platform is launched, only token holders will have access to the Beta Platform.
The wait for a beta platform won’t be long as the ETFSwap (ETFS) team has already launched it on the Ethereum testnet. They are currently testing the platform and implementing the necessary improvements to ensure users enjoy the best possible interface.
Once the beta platform is live, investors will be able to use ETFSwap (ETFS) tokens to exchange crypto assets for ETFs and vice versa, thanks to this easy-to-use interface. Users will also have access to liquidity pools. They can provide liquidity to these pools and enjoy up to 30% of fees from token swaps.
Additionally, staking functionality will also be integrated into the beta platform. This allows users to bet on ETFs and get great yields. This functionality also extends to crypto assets on decentralized trading platforms. Investors can stake ETFS tokens on the platform and earn up to 78% Annual Yield (APY).
Shiba Inu price and Dogecoin price unlikely to reach ambitious goals
Shiba Inu price and Dogecoin price are unlikely to reach their ambitious price targets of $0.1 and $50, respectively. Factors such as the circulating supply of SHIB will prevent Shiba Inu prices from reaching this goal. Experts say more than 50% of the meme coin’s circulating supply would need to be burned for the Shiba Inu price to rise to $0.1. However, it is almost impossible to burn this amount of SHIB tokens. In other words, the Shiba Inu price cannot reach $0.1.
On the other hand, it is also almost impossible for Dogecoin price to reach $50. DOGE has a circulating supply of 146.26 billion tokens, which means that if Dogecoin price reaches $50, the memecoin market cap will be $7 trillion. However, considering that the value of the entire cryptocurrency market is approximately $3 trillion, it is impossible to achieve a market capitalization of $7 trillion. Therefore, Dogecoin price cannot reach $50.
conclusion
Investors would be better off buying ETFSwap (ETFS) tokens than hoping that the price of Shiba Inu or the price of Dogecoin will reach a near-impossible target price. Investors who purchased ETFSwap (ETFS) during the ongoing pre-sale will enjoy a 50x ROI if the token registers a 5,233% price increase in 10 days.
Access ETFSwap Presale
Join the ETFSwap community
