Shiba Inu (SHIB) has been gaining more significance in the crypto market, with many speculating that it could soon experience a rallying of its price. Although Dogecoin (DOGE) has long held the crown among meme coins, several factors could drive Shiba Inu (SHIB) ahead of Dogecoin price, making Shiba Inu (SHIB) the Dogecoin (DOGE) killer. Meanwhile, ETFSwap (ETFS) positions itself as the best platform to facilitate the trading and swapping of spot ETFs.
Shiba Inu (SHIB) Might Truly Be The Dogecoin (DOGE) Killer
Shiba Inu (SHIB) has made history with its mind-blowing hold over the cryptocurrency world. The dog-themed token, Shiba Inu (SHIB), is expected to rally in the next few days, but it will require careful technical analysis to see it. Currently trading at $0.00001872, Shiba Inu (SHIB) is showing a bullish momentum in the market, trumping the dogecoin price. According to a recent technical analysis on Shiba Inu (SHIB), TradingView reveals that the meme coin is developing a “rounding bottom” pattern, signifying the possibility of a reversal from a downtrend.
In contrast, more detailed analysis on Dogecoin price shows the challenges and bearish tendencies of the token in October. Currently, Dogecoin price is at $0.1347 after reaching a 7% high following its strong social media activity and hype. However, this follows a 23% decline from its last high, leaving no confidence that the dogecoin price can maintain this temporary upward momentum.
ETFSwap’s (ETFS) Vision To Expand The Boundaries Of Decentralised Finance
One of the most notable innovations in the cryptocurrency landscape is the establishment of ETFSwap (ETFS). This platform facilitates trading, staking, and swapping Exchange-Traded Funds (ETFs) that represent various asset classes. Thus, ETFSwap (ETFS) allows users to invest in real-world cryptocurrencies, whether spot or futures and commodities like Gold and Oil. This unprecedented access to traditional securities in a decentralised ecosystem promotes diversity in investors’ investments.
Beyond this diversification, ETFSwap (ETFS) gives investors the advantage of a larger exposure in the market with its margin trading offering. By allowing users to access a margin of up to 50x their initial capital, ETFSwap (ETFS) positions investors for higher profit levels and exponential financial growth.
Furthermore, investors do not have to worry about market trends and price performance as ETFSwap (ETFS) has integrated a synchronised real-time market data feed. With this tool, users can trade with tested strategies backed by market trends and historical data, leading to more profitable trades.
In furtherance of profitability, ETFSwap (ETFS) is accessible round-the-clock and across all device types, making its users unhindered by the risks involved with market closures. With this feature, there are no added fees incurred, either due to spreads or price gaps, for holding positions in the market.
Similarly, the use of artificial intelligence to enhance the trading experience makes trading on ETFSwap (ETFS) enjoyable. Features like ETF Screener, ETF Tracker, and ETF Filter are available on the platform, which helps traders to maximise the potential returns of their trading portfolio.
Moreover, the ETFSwap (ETFS) team recently launched its beta phase 1 platform on its testnet. This release is showcased with a top-class user interface that is driven by a well-engineered backend framework. Following the news of its launch, major investors have made significant investments in the platform’s native token, raising positive predictions for its future.
To reassure its users of its reliability, ETFSwap’s (ETFS) team completed a KYC verification with SolidProof, a smart contract auditing firm. Then, the platform also underwent a thorough security audit by CyberScope, a cybersecurity auditing firm.
Conclusion
While dogecoin price continues to fluctuate, Shiba Inu (SHIB) has been enjoying a smooth ride to overtake the meme coin leader. With its strategic partnerships, Shiba Inu (SHIB) could use this upward momentum to outshine Dogecoin (DOGE) as Dogecoin price continues to be vulnerable.
ETFSwap (ETFS) offers investors the opportunity to buy the token at $0.03846 in the third stage of its presale. Currently, a 50% discount is claimable by using the “ETFS50” promo code.
For more information about the ETFS Presale:
