ETFSwap (ETFS) Presale Close To Selling Out As Dogecoin (DOGE) And Shiba Inu (SHIB) Investors Storm Into Its Final Presale Stage

ETFSwap (ETFS) recently entered the final stage of its presale, creating FOMO among investors who’ve noted its potential but are yet to invest. With Dogecoin (DOGE) and Shiba Inu (SHIB) struggling, many of their investors are storming into the ETFSwap (ETFS) presale. The influx of investments has led crypto analysts to believe that this presale could be close to selling out.

Understanding The Hype Behind ETFSwap (ETFS)

Investors and prominent crypto watchers have taken notice of ETFSwap (ETFS) because of its revolutionary vision of integrating exchange-traded funds (ETFs) with blockchain technology. The ETFSwap (ETFS) platform is built on the ERC20 standard and will use tokenization to make sure that all assets are backed by securities from established financial markets. ETFSwap (ETFS) will assure security and legitimacy of the tokenized assets through partnerships with MiCa-compliant banks. The platform will allow for a wide range of ETFs, including Equity ETFs, Crypto ETFs, Inverse ETFs, ETFSwap’s proprietary ETF, and much more.

ETFSwap (ETFS) increases security, transparency, and user autonomy in ETF transactions through its basis on blockchain technology. Investors will be able to easily convert cryptocurrencies into ETFs and vice versa on a single platform and at lower costs than traditional methods. Owing to the power of ERC20 technology, ETFSwap (ETFS) will facilitate token swaps, liquidity provision, and staking rewards. The platform will also include perpetual trading and market-making features, offering users an opportunity to trade without worrying about expiration dates.

Moreover, ETFSwap’s users will gain access to AI tools. For instance, the ETF Screener and ETF Tracker will perform technical, correlation, performance, and many other analyses from large volumes of data to provide the most suitable recommendations based on users' particular demands.

Notably, ETFSwap (ETFS) is set to offer the first exclusive look of the platform on September 28th after thorough UI testing. Phase 1 of the beta platform will allow for liquidity pools and staking mechanisms with all the ETFs prices and swapping features. The ETFSwap (ETFS) platform went through a CyberScope security audit, which revealed that there were no vulnerabilities in its smart contracts and infrastructure. The team also had a KYC audit with SolidProof, demonstrating their commitment to maintaining transparency and security. 

The last stage of the ETFSwap (ETFS) presale has sold more than 6,274,778 ETFS tokens, with close to $4,000,000 invested in the project. ETFS tokens are currently selling at $0.03846, up from their original $0.00854. With the last presale stage already close to 10% complete, the rising momentum from enthusiastic and strategic investors could lead  ETFSwap (ETFS) to sell out sooner than expected.

Dogecoin (DOGE) Fails To Break $0.11

Dogecoin (DOGE) has struggled to gain upward momentum, trading within a horizontal channel since August 4. The balance between buying and selling pressures has kept the meme coin’s price tightly range-bound, with resistance at $0.11 and support at $0.09. 

Dogecoin (DOGE) attempted to break through the $0.11 resistance for the third time in seven weeks last weekend. However, the surge in the Dogecoin selling pressure resulted in another failed breakout. Dogecoin’s protracted sideways price movement has left retail investors disappointed, prompting many to sell off their holdings over the past month.

Shiba Inu (SHIB) Price Drop

Shiba Inu (SHIB) has experienced a steady price decline since reaching its March 2024 high of $0.00004567, notably declining by nearly 3% on September 22. Shiba Inu (SHIB) is trading at $0.00001444 at the time of trading, according to data from CoinMarketCap. However, analysts warn that the Shiba Inu price  could dip further to $0.00001371, the lower boundary of the Fair Value Gap (FVG) on the SHIB/USDT daily chart. Additionally, data from Shibariumscan shows a reduction in active accounts and new accounts, further supporting a bearish outlook for Shiba Inu (SHIB).

Conclusion

Dogecoin (DOGE) and Shiba Inu (SHIB) are struggling, with veteran traders like Free Electron excluding them from his top ten meme coins list. On the other hand, ETFSwap (ETFS) is emerging as a promising alternative that integrates ETFs with blockchain technology to offer a decentralized solution.

For more information on ETFSwap:

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