The year 2021 was monumental for Shiba Inu (SHIB), experiencing an astronomical surge of over 100,000%. A seasoned trader has recently noted that the same signal which ignited Shiba Inu’s meteoric rise is now visible for another Ethereum (ETH) token, ETFSwap (ETFS).
Shiba Inu (SHIB) may not have been the inaugural memecoin on the Ethereum (ETH) network, but it has undeniably emerged as one of the most triumphant. Following its launch, Shiba Inu embarked on a parabolic ascent in 2021, culminating in an extraordinary 100,000% increase within that year. According to an experienced trader, the immense buying pressure and the craving for a novel token capable of uniting an online community of crypto enthusiasts were pivotal in triggering Shiba Inu’s colossal pump. Essentially, the intense demand and appeal for unconventional tokens served as the catalysts behind this Ethereum (ETH) token’s unprecedented run.
In 2024, this veteran trader has identified similar signals for another Ethereum (ETH) token—ETFSwap (ETFS). Much like Shiba Inu (SHIB) in 2021, ETFSwap is capturing investor interest due to its innovative and distinct value proposition. The rising buying pressure indicates a significant demand for ETFSwap (ETFS).
The veteran trader’s analysis of ETFSwap (ETFS) highlights its unique attributes that distinguish it from other Ethereum (ETH) tokens. ETFSwap (ETFS) is the native token of the ETFSwap DeFi trading platform, a pioneering platform designed to facilitate the trading of real-world exchange-traded funds (ETFs) on the blockchain. This unique feature makes ETFSwap (ETFS) the first token linked to the ETF market. As members of the crypto community flock to the ETFSwap platform to register and prepare for direct ETF trading via blockchain, they are also accumulating ETFS tokens.
Analysts have added ETFSwap (ETFS) to their list of must-buy and hold crypto tokens for 2024. This Ethereum (ETH) token stands out not only for its uniqueness but also for its extensive potential and robust utilities. For instance, ETFSwap token holders benefit from transaction fee discounts, access to advanced ETF AI trading tools, voting rights, and exclusive information regarding ETF listings. Additionally, holders can earn up to 36% profit through staking and an impressive 87% APR yield, along with airdrop rewards.
The other critical aspect of the signal is the immense buying pressure. The veteran trader observes that this overwhelming buying pressure reflects high demand for ETFSwap (ETFS). In just the past week, over 50 million ETFS tokens were purchased, bringing the total sold to over 300 million and raising nearly $3 million. Investors are eagerly amassing this Ethereum (ETH) token ahead of an anticipated significant run in the forthcoming bull market. A recent announcement from the verified ETFSwap team about their application for spot ETF trading has further fueled investor interest. Witnessing the impact of Spot ETF approvals on Bitcoin (BTC) and Ethereum (ETH), investors are optimistic about ETFSwap (ETFS). They are strategically positioning themselves by purchasing large quantities now.
According to the technical analysis by the veteran trader, ETFSwap (ETFS) is poised for a parabolic run ranging between 10,000% and 100,000%. Such a dramatic increase could transform a modest investment into millions, akin to Shiba Inu’s success. Savvy traders can seize this opportunity by investing in ETFSwap (ETFS) while it remains priced at $0.01831. Prospective buyers can visit the ETFSwap presale for additional benefits such as a 40% discount or more. This offer is limited, so prompt action is advised.