The Shiba Inu team recently rolled out an important Shibarium upgrade that had some significance for SHIB’s price action. Innovation and announcements often dictate market movement on cryptocurrencies and have served as excellent buy and sell signals for crypto enthusiasts and experts. Speaking of innovation, we also take a look at another presale opportunity for crypto investors looking for early entry on the next big coin.
Latest Development On Shibarium
Shibarium is a layer-2 blockchain developed by Shiba Inu (SHIB) to address the pressing issue of scalability and high transaction costs on the Ethereum network. The network launched in August 2023 and has crossed significant milestones since then. Some of these include crossing 400 million total transactions, 4 million blocks, and recording up to 1 million transactions daily in April.
As announced by the team, this new update will improve user experience and network speed. The upgrade also included compatibility with popular self-custody wallets such as Trust Wallet, MetaMask, Coinbase Wallet, etc. SHIB’s price responded positively to the announcement with an 18% uptrend, with the meme coin still trading 60% down from its ATH.
Moreover, experts believe that Shiba Inu’s continuous shipping of updates could benefit the price action in the long run. It’s also important to note that Shiba Inu is at the frontier of meme coins pivoting to provide use cases to community holders.
Meme coins used to be known to provide no other value than comic relief and meme culture until Shiba Inu (SHIB) launched ShibaSwap, a decentralized exchange with passive income opportunities for SHIB holders via new ecosystem tokens like TREAT, BONE, LEASH, etc., followed by the launch of Shibarium.
Shiba Inu (SHIB) is widely popular for its insane run of 2021, which is accompanied by unique stories of investors turning $100 investments into millions. In a bid to catch lightning in a bottle twice, experts have spotlighted this new presale opportunity on ETFSwap (ETFS) with the potential for life-changing gains.
Can ETFSwap Rally As High As Shiba Inu (SHIB) Did In 2021?
Shiba Inu’s rally in 2021 is one of the wildest price surges in all of crypto, but when promising projects like ETFSwap (ETFS) offer incredibly low entry on their token offering, there’s always a chance of history repeating itself. ETFSwap (ETFS) is still in its earliest presale stage, and investors can buy below market value for massive gains at token launch. However, what are the actual prospects of ETFS rallying like SHIB did in the previous bull run?
ETFSwap (ETFS) is a new blockchain-based platform for ETF trading, market-making, perpetual trades, and several other emerging DeFi solutions, and it is in a prime position to capture an early market spot for its investors as new crypto ETFs continue to emerge.
We’ve already seen Spot Bitcoin ETFs, and the prospect of more coming sets up ETFSwap (ETFS) for massive success. This new platform also provides early investors with the exposure to reap benefits in a market with big-name participants like BlackRock, Fidelity, Grayscale, VanEck, and many other asset management firms worth trillions of dollars. These companies are already investing in advertisements and campaigns to onboard more people to their ETF offerings, which eventually translates to increased crypto adoption.
ETFSwap’s major offerings will be global access to ETFs of various asset classes from several industries and conversion features that enable quick exchange of ETF assets with cryptocurrencies. It also helps ETFSwap’s case that there is presently no direct competition that provides a comparable solution that combines ETF accessibility, on-chain anonymity, and flexible investment conversions. This shortfall is in sharp contrast to the growing need for such a platform, and this pioneering avenue could send your investment into high profits.
ETFSwap raised over $750,000 from institutional and angel investors on its private round before moving on to Stage 1 presale. The ongoing Stage 1 presale is selling out fast at $0.00854; this is an excellent opportunity to buy for cheap before the token price increases on the Stage 2 presale.
Buy ETFS on presale now and claim an 20% bonus with the promo code “ETFS20.”
For more information about the ETFS Presale:
Disclaimer: This sponsored content is not endorsed by CaptainAltcoin, which takes no responsibility for its accuracy or quality. This content was not written by CaptainAltcoin’s team. We advise readers to do their own research before interacting with any featured companies. The information provided is not financial or legal advice. Neither CaptainAltcoin nor any third party recommends buying or selling any financial products. Investing in crypto assets is high-risk; consider the potential for loss. CaptainAltcoin is not liable for any damages or losses from using or relying on this content.
