Shiba Inu Price To Jump 350%, XRP Price Flashes Death Cross, Dogecoin Sets Sights On $2
The Shiba Inu (SHIB) price may have experienced a slight pullback in the past week, but a broader look at the chart reveals the token is set for a 350% surge. On the other hand, the XRP price has recently flashed a death cross, signaling a possible downtrend or the climax to a downtrend, while [...]
The Shiba Inu (SHIB) price may have experienced a slight pullback in the past week, but a broader look at the chart reveals the token is set for a 350% surge. On the other hand, the XRP price has recently flashed a death cross, signaling a possible downtrend or the climax to a downtrend, while Dogecoin (DOGE) could hit the $2 mark before the end of the year.
Notably, the native token of ETFSwap (ETFS), a cryptocurrency platform built to enable traders and investors to easily access the world of spot and futures ETFs, could give investors the most massive gains before the end of the bull run.
Shiba Inu Price Analysis – Why A 350% Surge Is Realistic
Shiba Inu (SHIB) has proven to be more than just a meme coin. The cryptocurrency is currently ranked as the 11th largest cryptocurrency by market capitalization, and the meme coin still has a strong community that is driving its adoption.
The daily chart of Shiba Inu (SHIB) from TradingView reveals that the token trades around a significant support zone (between $0.00002 and $0.000023). A strong reversal from this support zone could see the token approach $0.000028.
In the long-term, investors could see Shiba Inu (SHIB) scale through its previous all-time high of $0.00008845 in the coming months. Shiba Inu (SHIB) whales and investors could push the token beyond 350% in 2024’s bull run.
What The XRP Price Death Cross Could Mean And Dogecoin (DOGE) Price Action
The death cross is typically a bearish signal. Notably, this would be the second time the price XRP would form the death cross on the daily chart in 2024. It is worth noting that the death cross, which forms when a short-term moving average crosses a long-term moving average, is a lagging indicator. As such, the death cross could form when the bearish momentum is approaching climax. Hence, a price reversal to the upside may be imminent for the XRP price.
Dogecoin (DOGE), on the other hand, has an all-time high of $0.7316. Although the meme coin started out as a joke, investors have profited massively from the controversial cryptocurrency. With new money poised to flow into the crypto ecosystem in 2024, Dogecoin (DOGE) could hit the $2 milestone.
Why ETFSwap (ETFS) Would Outshine XRP, SHIB, And DOGE In 2024
ETFSwap (ETFS) is a DeFi platform that allows cryptocurrency investors to access exchange-traded funds (ETFs), enabling this through asset tokenization. Users can also access commodity ETFs like gold, silver, and oil, among others, and the tokenization of these assets means investors can purchase them at any time of the day and easily hedge against inflation.
ETFSwap (ETF) is first in the pecking order when ranking cryptocurrencies that would perform outstandingly in the 2024 bull run. This is because XRP, Shiba Inu (SHIB), and Dogecoin (DOGE) have approached their peaks in market capitalization and token value.
Unlike the aforementioned cryptocurrencies, ETFSwap (ETFS) has much room for growth. The crypto token has the potential to give investors 100X gains before the end of the year.
ETFS, the platform’s native token, also outshines XRP, Shiba Inu (SHIB), and Dogecoin (DOGE) in its tokenomics. Unlike SHIB and DOGE, which have unlimited supply, the ETFS token is deflationary. This will have a positive effect on its value in the long run.
The platform’s unique value proposition has attracted several strategic investors who want to revolutionize the DeFi ecosystem. ETFSwap (ETF) successfully raised $750,000 during its private round fundraising campaign, and the team is on course to partner with institutional investors who share similar goals. With more investors trooping into ETFSwap (ETFS), there isn’t a better time to buy than now.
ETFSwap (ETF) is currently in the first round of its presale, so the token is traded at a discount. 1 ETFS token is valued at $0.00854, and investors can get a 18% discount when they purchase with the promo code “ETFS18.” The Part A of first presale will be over in two days, after which the price could appreciate by over 100%.
The token is fast selling out, with over 45 million tokens already sold out.
For more information about the ETFS Presale:
What's Your Reaction?
