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DOGE beats ETH in important metric; SHIB set for rally as ETFSwap rises

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DOGE beats ETH in important metric; SHIB set for rally as ETFSwap rises

Disclosure: This article does not represent investment advice. The content and materials featured on this page are for educational purposes only.

Dogecoin outperforms Ethereum in a key metric, while SHIB is poised for a 600% rally, and ETFSwap’s presale draws significant investor interest.

The cryptocurrency market has been shaken up by the recent performance of memecoins, with Dogecoin (DOGE) surprisingly outperforming Ethereum (ETH) in an important metric. However, memecoins aren’t the only ones with all the excitement, as ETFSwap (ETFS), a relatively new defi project, is also causing a stir with its approach of tokenizing exchange-traded funds (ETFs) on the blockchain.

ETFSwap: A novel defi platform

ETFSwap is undoubtedly causing a huge stir, given how the token has performed since its launch. The crypto market has already witnessed ETFSwap presale reach cross the $1.5 million milestone and sell over 85 million tokens

What makes ETFSwap stand out is its comprehensive web3 marketplace, which caters to investors of all backgrounds, from seasoned crypto experts to those new to the space. For instance, experienced traders can leverage the platform’s 50x leverage trading feature, which could amplify their profits by up to 5,000%. Meanwhile, the tokenization and fractional ownership model created by ETFSwap allows even smaller investors to participate in exchange-traded funds (ETFs) investing. 

In order to ensure the utmost security for its users, the network has been audited and certified by leading blockchain security experts, CyberScope. The ETFSwap platform also enables its users to tap into the power of defi and access its ecosystem without the need for a KYC verification.

The ETFSwap ecosystem is anchored by its native token ETFS, which serves as both a governance and utility token. This implies that ETFS holders can trade tokenized ETFs and participate in the decision-making processes that shape the platform’s future.

With the recent launch of the ETFSwap decentralized application (DApp), the platform plans to foster a sense of commitment to its users and dominate the defi space.

Dogecoin surpasses Ethereum 

On May 26, Dogecoin experienced a remarkable resurgence, successfully climbing toward the $0.17 price. Over the past 24 hours, this impressive rally has garnered the attention of numerous investors, positioning Dogecoin as one of the top-performing digital assets in the current market.

The recent surge in Dogecoin’s price can be attributed to a confluence of factors, primarily driven by renewed retail interest and increased buying volumes. This heightened buying activity has resulted in elevated volatility in Dogecoin prices. The Dogecoin/USDT chart demonstrates the token’s bullish momentum, as it has now broken above the crucial 50-day Exponential Moving Average (EMA), indicating a strengthening uptrend.

Furthermore, the relative strength indicator (RSI) for Dogecoin also points toward the current wave being on the bullish side, The increased trading volume observed in the Dogecoin market has reflected high buying pressure, further reinforcing the positive sentiment surrounding the memecoin.

Analyst predicts potential 600% surge for Shiba Inu

Prominent market analyst Ashish has made a bold prediction for Shiba Inu (SHIB), forecasting a potential 600% surge that could propel the memecoin to an impressive $0.000075. This bullish outlook comes after Shiba Inu’s breakout from a prolonged consolidation pattern that had lasted nearly two years.

Ashish’s analysis reflects the latest market movements and identifies a potential Shiba Inu breakout from this consolidation period. The analyst believes this breakout could catalyze to push Shiba toward the $0.000075 territory, a level not seen since the token’s all-time high.

The formation of a bullish flag pattern on the 1-hour Shiba Inu chart supports Ashish’s prediction, suggesting a strong potential for a second leg up in Shiba Inu’s price. 

Will ETFSwap mirror Dogecoin’s success?

Top crypto experts predict a dramatic rise for the ETFS token, from its current presale price of $0.00854 to a staggering $20. This potential 200,000% increase is attributed to the project’s focus on Real-World Assets (RWA) and staking.

Crypto investors who recognize ETFSwap’s potential to mirror Dogecoin and Shiba Inu’s success are aggressively accumulating ETFS tokens during the ongoing presale. As a result, the current stage 1 presale will likely end earlier than scheduled. Interested investors can join the ETFSwap today to avoid missing out on this opportunity, as the $0.00854 price point is the lowest the ETFS will ever be offered.

To learn more, visit the ETFSwap presale and join the ETFSwap community.

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