Crypto Whales Bet Big On Shiba Inu, Do They Know Something You Don’t?
The post Crypto Whales Bet Big On Shiba Inu, Do They Know Something You Don’t? appeared first on Coinpedia Fintech News
Following the memecoin market’s recent plunge, cryptos like Shiba Inu (SHIB) continue to strive toward recovery. Its recent performance has resulted in new buying pressure for the token as top whales in the metaverse bet big on it. Meanwhile, ETFSwap (ETFS) prepares to enter the history books with its presale as it continues to set records.
Crypto Whales Rally Round Shiba Inu (SHIB) As It Shakes The Market With Price Rebound
As the memecoin market gears toward recovery, Shiba Inu (SHIB) excites investors with a surprising price correction. This cryptocurrency experienced a significant surge in its trading value and burn rate. About a week ago, Shiba Inu recorded an astounding burn rate of 781%, which triggered a notable price increase.
The price of Shiba Inu rose by nearly 20%, signalling a massive upward trend for crypto whales. At the time of writing, Shiba Inu has maintained a steady rise, yielding over 5% gains for investors in 24 hours. This remarkable price recovery has invigorated its community and also attracted crypto whales from other projects to it.
According to Shibburn’s X post, over 18 million SHIB tokens were burned between 6th and 7th July 2024. Today, Shiba Inu trades at $0.0000165, an impressive surge from its recent lows. As general market conditions stabilize, fueling investors’ hopes, analysts predict a massive increase in trading activity for Shiba Inu.
ETFSwap (ETFS) Set For Massive Growth As Presale Promises Investors 100% Profit
ETFSwap (ETFS) is an excellent cryptocurrency that aims to revolutionize the ETF and DeFi markets. Exchange-traded funds have garnered significant traction all year, with tokens like Ethereum (ETH) and Solana (SOL) filing for the launch of theirs. As ETFs grow in demand, experts believe ETFSwap (ETFS) is the best crypto to invest in to harness the ETF marketplace.
ETFSwap (ETFS) is distinct from other DeFi protocols because it offers a range of crypto ETFs for investment. Investors can venture into any ecosystem of their choice as Leveraged ETFs, Futures ETFs, and Commodity ETFs are some of the ETFs available on its platform.
Investors who stake their ETFs will be rewarded with high staking yields and up to 87% APR. In addition, ETFSwap (ETFS) investors will have access to unlimited liquidity due to the platform’s market-making competence. Every ETF offered by the ETFSwap (ETFS) platform will be directly pegged to a commodity in the real world.
This is possible due to ETFSwap’s compatibility with MiCa-compliant regulated investment banks. These investment banks deal in securities and crypto trading and enable the purchase of RWA from the traditional financial market.
As the market increases in volatility, ETFSwap (ETFS) investors will enjoy stability. Essentially, this community-centric cryptocurrency also permits trading flexibility as it allows investors to open and close positions at their will.
ETFSwap (ETFS) ensures assets are safe and secure by running a no-scam-zone protocol. SolidProof doxxed its team in its just-completed KYC audit. This platform builds trust by eliminating KYC for its investors while ensuring its team is thoroughly audited.
The ETFS token is one of the best cryptos to buy in the digital world today because of its utility. It is available on the website for $0.01831, and investors can expect up to 100% yield. Investors aiming to make money in 2024 should join this presale today, as it sells out fast.
Final Verdict On Crypto Whales Betting On ETFSwap (ETFS) And Shiba Inu
Although Shiba Inu’s run in Q2 was subpar, whales believe things will turn around for this crypto in this new quarter. As the market becomes less predictable, investors are nudged to protect their assets in the ETFSwap (ETFS) presale. With the token selling out ultra-fast, early investors will receive sensational returns in the coming weeks.
For more information about the ETFS Presale:
