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SHIB, DOGE whales shift assets as ETFSwap presale gains attention

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SHIB, DOGE whales shift assets as ETFSwap presale gains attention

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

Shiba Inu and Dogecoin whales are making substantial moves with their assets while ETFSwap attracts attention with its presale performance and advanced platform features.

Shiba Inu (SHIB) and Dogecoin (DOGE) whales are moving a good portion of their assets due to their recent price performance. Instead, they are reallocating these assets to ETFSwap (ETFS), with a particular focus on the viral Ethereum token ETFS due to its outstanding presale activities and the comprehensive utilities offered by the ETFSwap platform.

ETFSwap: Crypto ETF buzz draws SHIB, DOGE whales

Shiba Inu and Dogecoin whales are flocking to the ETFS presale due to the ETFSwap’s unique approach and the technological advancements it offers. Unlike these traditional platforms, ETFSwap uses blockchain technology for market-making and perpetual trading, offering leverage options up to 10x.

The platform also integrates traditional finance with defi to create a versatile ETF trading environment for its users. Additionally, ETFSwap provides users with customizable trading strategies, advanced AI-powered ETF Screeners and Trackers, and access to various commodities. 

These AI trading tools analyze large amounts of market data to identify trends and provide insights into the best assets to invest in to help investors optimize their investments and manage risks. ETFSwap provides its traders with a robust infrastructure and market-making expertise, that ensures optimal liquidity and 24/7 market coverage.  

Aiming to capitalize on the evolution of Real World Asset (RWA) tokenization, the platform plans to launch its own ETF in 2025, providing investors with more investment and trading opportunities. ETFSwap also plans to launch its beta trading DApp with an intuitive interface in less than 30 days.

Analysts project that these developments will fuel the platform’s native token, ETFS, to surge by 30,000%. Given how promising the ETFSwap platform is, it is no wonder Shiba Inu and Dogecoin whales are moving millions of their assets to invest heavily in it.

SHIB, DOGE record large transaction volumes

According to data from IntoTheBlock, Shiba Inu has recorded a staggering 1.55 trillion SHIB tokens in transaction volume over the past 24 hours. Interestingly, this figure, valued at approximately $26.53 million, represents a significant 58.37% decline in transaction volume compared to the previous day. 

This drop follows a recent seven-day high of 6.43 trillion tokens as of June 24, suggesting a steady decline in whale activity. Despite this decline, other SHIB metrics are showing positive signs. For instance, the Shiba Inu burn rate is up by 59% over the past 24 hours, reflecting a heightened effort to reduce the total supply of Shiba Inu tokens in circulation, potentially causing a price increase.

On the other hand, Dogecoin moved over 438.28 million coins in the last 24 hours. According to Whale Alert, a platform that tracks cryptocurrency movements, there were two big transfers. One transfer involved an unknown whales wallet sending 71 million DOGE tokens to Robinhood, a California-based exchange. 

The tokens sent to Robinhood were worth over $6.39 million in Dogecoin. The second transfer involved the movement of 367.06 million DOGE tokens, worth $33.62 million, between two unknown whales’ wallets. At the time of writing, DOGE is trading at $0.1235, indicating a 0.48% 24-hour decline. Meanwhile, Shiba Inu is trading at $0.00001698, a 2.78% decline in the last 24 hours.

ETFSwap presale gains traction

ETFSwap is already experiencing a solid showing in its presale, as Shiba Inu and Dogecoin whales snap up millions of ETFS tokens, resulting in over 280 million currently sold. Moreover, the platform’s Ethereum token, ETFS, presently priced at $0.01831, has already delivered a compelling 200% return on investment for early investors. 

Given the project’s growing popularity, analysts suggest a high possibility of a complete presale sell-out before the deadline. The next stage will offer tokens at a higher price of $0.03846, potentially translating to another 200% ROI for early investors before the exchange listing.

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

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