2024-10-25 22:11 |
Dogecoin and the Shiba Inu price have failed to impress as much as they did in the 2021 crypto bull run. Considering that attention is shifting from coins like Dogecoin and Shiba Inu to utility tokens in this crypto bull run, analysts say that the Ethereum token ETFSwap (ETFS) will lead this crypto bull run with 70,000x gains from its current price of $0.03846.
Dogecoin And Shiba Inu Price Fail To ImpressDogecoin and the Shiba Inu price fail to impress even as other meme coins enjoy significant gains. They have recorded lower year-to-date (YTD) gains than other top meme coins like Dogwifhat (WIF) and Pepe (PEPE).
They also added that these are tilting towards utility coins overall in this crypto bull run, which explains why Dogecoin and the Shiba Inu price have underperformed. This trend will likely continue throughout the crypto bull run, with the Dogecoin and Shiba Inu prices underperforming while utility coins like ETFSwap (ETFS) take the lead.
ETFSwap (ETFS) To Lead This Crypto Bull RunAnalysts say that the Ethereum token ETFSwap (ETFS) will lead this crypto bull run thanks to its first-of-its-kind offering, which distinguishes it from other utility coins. The Ethereum token provides an easier way to trade exchange-traded funds (ETFs).
Using the Ethereum token on these ETFs on the ETFSwap platform is also straightforward. They can also infuse anonymously, as the DeFi platform will integrate zero-knowledge (ZK) proof technology.
The ETFSwap (ETFS) platform’s decentralized nature means that users can infuse in these ETFs from anywhere in the world using the Ethereum token. The platform offers 24/7 market coverage, as users can buy, sell, and trade their ETFs anytime. This allows users and traders to benefit from the gains recorded after the closed Stock Market.
Meanwhile, analysts also noted that users will be able to infuse crypto assets and other commodities using the ETFSwap (ETFS) Ethereum token. ETFSwap’s combined offering of securities and crypto trading will attract those looking for an easier way to diversify their portfolios. Analysts stated that this would increase demand for the Ethereum token and contribute to the 70,000x gains.
Other benefits of holding the ETFSwap (ETFS) token, as analysts predict, will drive these 70,000x gains. For instance, Ethereum token holders will get first access to exclusive opportunities like ETFSwap’s ETF, which is launching next year. Holders can earn passive income by staking their ETFs and crypto assets. They can also provide liquidity and earn up to 30% of fees from token swaps.
The staking and liquidity provision feature will go live once the ETFSwap beta platform launches. The beta platform has already launched on the Ethereum test net, meaning that a main net launch will happen anytime.
ETFSwap (ETFS) also ties in with the AI narrative, another reason analysts believe that the Ethereum token will lead in this crypto bull run and outperform Dogecoin and the Shiba Inu price. The ETFSwap platform has artificial intelligence (AI)-powered trading tools that perform predictive and sentiment analysis.
ConclusionAs analysts predict, early holders in the ETFSwap (ETFS) presale will enjoy a 70,000x return on their asset when the Ethereum token enjoys its 7 million percent price gain.
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Disclaimer: This is a sponsored article, and views in it do not represent those of, nor should they be attributed to, ZyCrypto. Readers should conduct independent research before taking any actions related to the company, product, or project mentioned in this piece; nor can this article be regarded as investment advice. Please be aware that trading cryptocurrencies involve substantial risk as the volatility of the crypto market can lead to significant losses.
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