Shiba Inu Whales Crash SHIB Price To New Lows As They Move Over To ETFSwap (ETFS)
Aug 13, 2024 am 03:02 AMEarlier this week, Shiba Inu whales headlined top crypto news platforms after liquidating $45 million worth of SHIB tokens to buy into the ETFSwap (ETFS) viral ICO
Shiba Inu whales have made headlines once again by liquidating an astonishing 50 billion SHIB tokens, valued at approximately $45 million, to invest in the viral ETFSwap (ETFS) initial coin offering (ICO). This mass sell-off has caused a noticeable decline in the price of SHIB, as observed on its monthly trading chart time frame.
According to top crypto analysts, the sell-off by Shiba Inu whales is expected to continue as other large investors follow suit, attempting to replicate the ETFS Ethereum token buys made by the whales to capitalize on the potential for life-changing gains. However, despite the massive sell-offs, analysts anticipate SHIB price will recover and rally behind ETFSwap in the coming months of the crypto bull run.
Shiba Inu Whales Move From SHIB To ETFSwap (ETFS)
Shiba Inu whales have shifted their attention from the meme coin to the promising DeFi project, evidenced by their large-scale purchases of ETFS tokens during the viral ICO.
Priced at $0.01831 during the presale, ETFS tokens have reached all-time highs in trading volume. The DeFi platform ranks highly among competitors and is favored by smart investors seeking to build wealth through its tokenized ETF listings.
The user-friendly platform provides smart traders with 100x leverage to multiply gains on tokenized ETFs up to 46,000%. Crypto investors have praised ETFSwap as one of the best DeFi platforms, enabling them to build wealth and earn passive income by staking their tokenized ETFs in its liquidity pools.
Furthermore, the DeFi platform offers competitive market trading discounts and rewards asset stakers with up to 87% APR in staking yields.
Smart traders can also profitably trade perpetual contracts of high-yield cryptocurrencies on the DeFi platform, utilizing its advanced AI tools and effective trading strategies. Among the various AI trading tools provided by ETFSwap are the ETF Tracker and ETF Screener, designed to help crypto investors and traders identify the best tokenized ETF investments and assess their profitability potential.
In addition to offering leveraged trading, the ETFSwap DeFi platform enables smart crypto investors and traders to participate in the real-world asset (RWA) tokenization revolution.
Smart traders can easily trade their tokenized real-world assets on-chain and receive instant settlements upon making redemption requests. The DeFi platform operates continuously in the crypto markets, allowing smart traders to capitalize on various trade setups and opportunities.
Backed by a strong team of developers and having undergone smart contract audits and KYC procedures, the DeFi platform provides a secure and transparent environment for crypto traders.
Conclusion:
Priced at $0.01831 in its viral ICO and offering immense potential for growth, ETFS tokens have become a hot commodity among crypto investors. As Shiba Inu whales dump 50 billion SHIB tokens valued at $45 million to position into the presale, smart investors are presented with a golden investment opportunity to make life-changing money in the coming months.
The above is the detailed content of Shiba Inu Whales Crash SHIB Price To New Lows As They Move Over To ETFSwap (ETFS). For more information, please follow other related articles on the PHP Chinese website!

Hot Article

Hot tools Tags

Hot Article

Hot Article Tags

Notepad++7.3.1
Easy-to-use and free code editor

SublimeText3 Chinese version
Chinese version, very easy to use

Zend Studio 13.0.1
Powerful PHP integrated development environment

Dreamweaver CS6
Visual web development tools

SublimeText3 Mac version
God-level code editing software (SublimeText3)

Hot Topics

Shiba Inu's Quantum Leap: A New Era in Crypto Technology

Ethereum (ETH) and Shiba Inu (SHIB) Prepare the Ground for a Fresh Surge of Optimistic Activity before the Year is Out

The Unforeseen Twist in the Quantum Race: What Shiba Inu's Quantum Computing Venture Means for Everyone

DOGE, PEPE, SHIB Altcoins Expected to Offer Good Buying Opportunity Soon

Glauber Contessoto Predicts Parabolic Rise for Ethereum ETH/USD, Targeting $15,000 This Cycle

Yeti Ouro (YETIO) Shaping Up to Be One of the Best Meme Coins of 2024

WallitIQ (WLTQ) To Rival The Meme Coin Hype Cycle

Shiba Inu (SHIB) Price Prepares for a Massive Bullish Breakout as Its Token Burn Accelerates