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ETFSwap (ETFS) Prepares Beta Platform For Launch Amid Favorable Price Predictions

Linda Hamilton
Release: 2024-10-20 07:24:19
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ETFSwap (ETFS), set to become the premier destination for ETF tokenization and trading, has done extensive work over 16 weeks to prepare its platform for its phase

ETFSwap (ETFS) Prepares Beta Platform For Launch Amid Favorable Price Predictions

ETFSwap (ETFS) is preparing to launch its beta platform amid favorable price predictions, with some analysts comparing the potential to the 2021 price runs of Dogecoin (DOGE) and Shiba Inu (SHIB).

Here’s how much ETFSwap (ETFS) would be if it successfully replicated the Dogecoin price and Shiba Inu price run, respectively.

As ETFSwap (ETFS) prepares for its phase 1 beta launch in a few days, the crypto community is buzzing with excitement over the possibilities. The platform, which will be the premier destination for ETF tokenization and trading, has been in development for 16 weeks.

During this time, the team behind ETFSwap (ETFS) has worked extensively to fine-tune every feature and tool so they are ready to go at launch. ETFSwap (ETFS) has teased those features and tools endlessly for months now, and the crypto community cannot wait to experience them.

According to the team, the platform will launch with such advanced tools as its market-making algorithm and, later, the AI-powered ETF Screener and ETF tracker.

The advanced market-making algorithm will help traders and investors maintain optimal liquidity by working to execute all orders at the best possible prices. It will do this by tightening spreads and minimizing slippage on all buy and sell orders.

Meanwhile, ETFSwap’s (ETFS) AI-powered ETF Screener and ETF Tracker are analytical tools that use artificial intelligence algorithms to scour vast amounts of market data and identify trends and patterns.

Both tools also perform sentiment and predictive analysis to give investors and traders an all-around view of their proposed investment vehicles. The insights obtained from the analytical process are then used to help users make better-informed decisions as they weigh their investment options.

To top it off, ETFSwap (ETFS) will launch its phase 1 beta with staking capabilities so users can earn passive income by staking ETFs or their ETFSwap (ETFS) tokens.

Additionally, users will have access to various liquidity pools so they can make profits from a variety of sources. They can swap their crypto for ETFs and vice versa, trade crypto in the Fully DeFi Mode, and trade advanced perpetuals and futures contracts.

Dogecoin Price’s 2021 Run Among Most Monumental Crypto Growths In History

As the crypto market continues to evolve, we’ve seen some coins experience astronomical growth, while others have floundered. In 2021, Dogecoin price went on a particularly wild ride that culminated in an over 23,000% gain.

The年初, Dogecoin price was hovering around $0.0074. However, by May of the same year, the meme coin had surged to $0.76, solidifying its place in the history books as one of the biggest growths in cryptocurrency.

Several factors contributed to the Dogecoin price’s phenomenal growth, including the vocal support of big players such as Elon Musk and Mark Cuban.

After hitting its all-time high of $0.76, the Dogecoin price has declined steadily to its current $0.1145 tag.

Shiba Inu Price’s 8,000% Surge Was Thought Impossible Until It Happened

Another cryptocurrency that experienced a monumental surge in 2021 was Shiba Inu. The meme coin, which is named after the Japanese dog breed, saw its price increase by 8,000% in just one month.

Shiba Inu price began October 2021 at $0.00000721 and reached its all-time high of $0.0000885 by the end of the month. The astronomical surge has been referred to often to describe explosive growth in DeFi circles.

ETFSwap (ETFS) Receives Favourable Price Predictions, Compared To 2021 Dogecoin Price And Shiba Inu Price Runs

Several leading analysts believe ETFSwap (ETFS) is on track to replicate the Dogecoin price and Shiba Inu price runs of 2021.

If ETFSwap (ETFS) completes Shiba Inu price’s 8,000% rally, the Ethereum token would be priced at $3.0768. Alternatively, a run for 23,000%, like the Dogecoin price in 2021, would bring ETFSwap’s (ETFS) price tag to $8.8458.

According to the analysts, leading indicators and on-chain metrics show that ETFSwap (ETFS) is still in its early accumulation phase and is trading at a discount of over 90% from its ATH.

This, coupled with the fact that ETFSwap (ETFS) is a highly useful and in-demand Web3 ETF token, has led the analysts to conclude that the token is massively undervalued and poised for a huge price appreciation.

The ETFS presale began on March

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