Shiba Inu (SHIB) and Pepe (PEPE) have made their mark since the start of the year, ranking among the best-performing assets based on their year-to-date (YTD) gains. However, they look to be running out of steam following recent price declines, with crypto investors weighing their options on their investment move.
These investors have decided that investing in ETFSwap (ETFS) is the best investment decision they can make, seeing as how the crypto token is just about to make a 10,000% run, which could provide them with unprecedented gains.
Currently trading at around $0.00002631, Shiba Inu (SHIB) has stood out with a YTD gain of over 154%. Its price surge this year has had several investors reminiscing about the 2021 bull run when Shiba Inu (SHIB) made a jaw-dropping gain of 46,000,000%. Some have even doubled down on their investments in the meme coin, hoping that history would repeat itself.
However, Shiba Inu's recent price action has them rethinking their decision as the crypto token looks to have peaked. Price analysis by different crypto analysts also suggests that Shiba Inu (SHIB) is unlikely to repeat its 2021 run even if it were to record more price gains later this year.
Specifically, crypto analyst Altcoin Sherpa recently mentioned that crypto investors are not "going to hit a 20xer on it [Shiba Inu] at this point." Moreover, the meme coin market has grown since 2021 and is now more saturated, meaning that Shiba Inu (SHIB) can no longer enjoy the attention that took it to such heights.
With a YTD gain of over 300%, Pepe (PEPE) is currently ranked as the second best-performing coin among the top 50 crypto tokens by market, only behind Dogwifhat (WIF). However, just like Shiba Inu (SHIB), Pepe (PEPE) looks to be topping out with its recent tepid price action.
Furthermore, crypto analysts like Altcoin Sherpa also believe that Pepe's (PEPE) best moments are in the past. According to Altcoin Sherpa, Pepe's (PEPE) "upside again [is] not as great" as before. He also added that other meme coins will likely gain more attention heading into the latter parts of the bull run.
Meanwhile, data from Santiment shows that the number of Pepe (PEPE) holders hasn't significantly increased despite the meme coin's impressive price gain this year. This should raise some concerns as it suggests that Pepe's (PEPE) price surge may be facilitated by existing holders trying to push the meme coin back to its all-time high (ATH) so they can break even in their investments.
If that is the case, a price dump is expected to follow once Pepe (PEPE), currently trading at around $0.00000583, climbs back to its ATH of $0.00001074.
ETFSwap (ETFS) has done enough to convince crypto investors that it is the top token of this bull run. Since launching, ETFSwap (ETFS) has maintained a bullish outlook and stood steadfast even when the broader crypto market saw sharp price declines following Iran's attack on Israel and Israel's retaliatory attack that followed.
ETFSwap's (ETFS) strength in the market has drawn attention from crypto analysts and experts who have delved into its ecosystem and concluded that it could make a 10,000% run in this market cycle. This belief mainly stems from ETFSwap's (ETFS) fundamentals, which paint an ultra-bullish outlook for the crypto token.
ETFS is the native token of ETFSwap, a decentralized platform that enables on-chain trading of exchange-traded funds (ETFs). The platform is set to be a trailblazer in the promising tokenization industry, which experts project could become a trillion-dollar market by 2030.
With the amount of liquidity expected to flow into the industry even from now, crypto experts have predicted that the ETFS token can make a 10,000% run for its price to reach $1, considering that it would be one of the ultimate beneficiaries of such enormous liquidity.
Crypto investors already picked up on this bullish narrative, which explains why over 30 million ETFSwap (ETFS) tokens have been sold so far in stage 1 of the token's presale. The crypto token is expected to continue seeing increased demand as its value skyrockets.
So far, ETFSwap (ETFS) hasn't shown any signs of slowing, which means that the best entry is simply to get in on the token while still selling at an undervalued price of $0.00854 in the ongoing stage 1 of its presale.
For more information about the ETFS Presale:
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