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The decentralized finance (DeFi) sphere is growing, with $102 billion in total value locked (TVL). Ethereum (ETH) maintains its lead in the DeFi dominance wars as competitors gain ground. Maker's (MKR) price increase shows the demand for the Maker Protocol. On the same note, the demand for WW3 Shiba (WW3S) is on the rise as investors eye 580% gains.
WW3S Shiba goes beyond a meme coin. It is a cryptocurrency at the intersection of SocialFi and blockchain gaming. WW3 Shiba will launch its play-to-earn platform in the future. This will make WW3 Shiba a major force in blockchain gaming.
Why are Ethereum and Maker holders buying WW3S tokens? Let's find out.
Ethereum ETF trading in the United States debuted on July 23. This landmark development marks another major win for the crypto industry. Galaxy Research forecasts Ethereum ETFs could bring $1 billion in monthly inflows.
Ethereum is trading at $3,465, marking a 0.26% loss in the past month. Analysts expect ETH to surpass $4,000 as smart money flows to Ethereum's ecosystem. This will likely be another win for Ethereum's DeFi ecosystem. Many developers will deploy their DeFi applications on Ethereum, pushing its network activity to spike. This will benefit Ethereum in the long run.
Maker is an integral part of the crypto ecosystem. MKR, the native token of the Maker ecosystem, is trading at $2,742.49. Maker is up 18% on the monthly chart. MKR's yearly performance is impressive with a 150% gain.
Maker reached a yearly high of $3,958 on April 5. MKR's price has been in freefall since then, losing 30%. This retreat is part of the market's broader sell-off. However, investors are optimistic that Makers could reclaim the $4K level in Q3. As more people rely on Maker's Protocol for DeFi services, MKR's price soars.
WW3 Shiba is primed for 580% gains as Maker and Ethereum whales buy WW3S tokens during the presale. Analysts are calling WW3 Shiba the best new altcoin to buy in H2 2024.
WW3 Shiba will be the first play-to-earn meme coin in the world. It will reward users who complete missions with in-game assets and virtual currencies. WW3 Shiba will offer entertainment and engagements. There will be real-world applications too. For example, WW3 Shiba will donate to charities.
With a total supply of only 4.3 billion WW3S tokens, WW3 Shiba's price is projected to appreciate when the supply reduces. Savvy investors are preparing for this scenario by buying WW3S tokens early. Investors have been allocated 50% of the project's total supply through the ongoing presale.
Analysts call WW3 Shiba the best crypto investment and investors of all skill levels are encouraged to buy WW3S tokens.
If you would like to find out more information about the presale:
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Disclaimer: Analytics Insight does not provide financial advice or guidance. Also note that the cryptocurrencies mentioned/listed on the website could potentially be scams, i.e. designed to induce you to invest financial resources that may be lost forever and not be recoverable once investments are made. You are responsible for conducting your own research (DYOR) before making any investments. Read more here.
