Elon Musk Unable To Push Dogecoin’s Price, Shiba Inu Stays Flat Despite Large Burns, What’s Going On?

As Elon Musk’s hype fails to drive Dogecoin’s price and Shiba Inu’s burning strategy fails to pump the meme coin, experts speculate a loss of interest in meme coins. Amidst this reduced interest, savvy investors are shifting their focus to more fundamentally sound projects like ETFSwap (ETFS), which has raised $4 million in ongoing presales. 

ETFSwap (ETFS): A Sound Crypto Project Attracting Investors 

Unlike meme coins with no significant value, ETFSwap (ETFS) is a sound crypto project offering numerous financial benefits through its trading platform and native token. Since time immemorial, savvy investors have always prioritized crypto projects with long-term benefits, and this is a reason the ETFSwap ETFS) trading platform and its native token have been getting huge attention lately in the crypto market.

The ETFSwap (ETFS) DeFi trading platform, designed for trading exchange-traded funds (ETFs) on-chain, has over 500,000 registered users waiting for its beta version to launch. These users are set to enjoy easy and secure access to the ETF market via the ETFSwap (ETFS) platform. 

Not only does the platform tokenize real-world ETFs so they can be bought on the blockchain, but it also offers users perpetual trading options with up to 50x long and short options to get heightened gains when trading these ETF-class assets.

As a full-fledged platform, ETFSwap (ETFS) offers exceptional trading experience through AI tools. These AI-powered tools can collect data and analyze it to give investment recommendations that help users trade with adequate knowledge of the ETF market. Little wonder users are queuing to use the platform as soon as it launches. 

As mentioned earlier, the ETFSwap (ETFS) native token is also gaining attention for several reasons. First, its ongoing presale is recording high investment inflows worth about $4 million. Secondly, the ETFSwap (ETFS) token allows earning through staking (up to 36%), APR yield (up to 87%), and airdrop rewards.

Other utilities of the ETFSwap (ETFS) token are the access it gives users to use exclusive trading resources and voting rights for investors to contribute to the development of the ETFSwap (ETFS) ecosystem. These utilities and financial opportunities of the ETFSwap (ETFS) project show why it has drawn investors across the board.

What’s Going With Dogecoin (DOGE) And Shiba Inu (SHIB)? 

There was a time when a post from Elon Musk is all Dogecoin (DOGE) would have needed to skyrocket. However, times have changed. The latest back-to-back Elon Musk post about Dogecoin (DOGE) had little effect. At the time of writing, Dogecoin (DOGE) is down by almost 1% in the last 30 days.

A market analyst on X ( formerly Twitter) states that Dogecoin (DOGE) faces strong resistance to breaking out. Another Crypto trader, Kaleo, mentioned that Dogecoin (DOGE) may not rise significantly over the next two months until 2025. 

Market experts say investors seem to be focused on projects with real value and market appeal, such as ETFSwap (ETFS), and not meme coins that are unstable & driven by mere celebrity hype. This speculation comes after Shiba Inu (SHIB) recorded no significant rise despite the huge burning of the meme coin.

The current Shiba Inu (SHIB) price failed to reflect the goal of the burning strategy, which is to create scarcity and increase the value of SHIB. Over the last 30 days, Shiba Inu (SHIB) has struggled to increase by 5%. With Shiba Inu (SHIB) still fluctuating instead of the expected huge rise, meme coins may be losing steam — losing the interest of investors. 

Conclusion

With the look of things, meme coins like Dogecoin (DOGE) and Shiba Inu (SHIB) are losing the interest of investors who are now targeting cryptocurrencies with solid value like ETFSwap (ETFS). If you are looking to invest, ETFSwap (ETFS) presents an opportunity to enjoy a stable and profitable investment.

The ETFSwap ETFS platform and its native token have been audited by CyberScope and declared safe and reliable. Also, the team behind it has been KYC verified by SolidProof, a smart contract auditing company; hence, you can confidently invest in it knowing your investment is secure. Buy the ETFSwap (ETFS) token today at $0.03846 before the presale ends. 

For more information about the ETFS Presale:

Visit ETFSwap Presale

Join The ETFSwap Community

DISCLAIMER: CAPTAINALTCOIN DOES NOT ENDORSE INVESTING IN ANY PROJECT MENTIONED IN SPONSORED ARTICLES. EXERCISE CAUTION AND DO THOROUGH RESEARCH BEFORE INVESTING YOUR MONEY. CaptainAltcoin takes no responsibility for its accuracy or quality. This content was not written by CaptainAltcoin’s team. We strongly advise readers to do their own thorough 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. Any investment decisions made based on this content are at the sole risk of the readCaptainAltcoin is not liable for any damages or losses from using or relying on this content.

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Felix Küster
Felix Küster

Felix Kuester works as an analyst and content manager for Captainaltcoin and specializes in chart analysis and blockchain technology. He is also actively involved in the crypto community - both online as a central contact in the Facebook and Telegram channel of Captainaltcoin and offline as an interviewer he always maintains an ongoing interaction with startups, developers and visionaries. The physicist has couple of years of professional experience as project manager and technological consultant. Felix has for many years been enthusiastic not only about the technological dimension of crypto currencies, but also about the socio-economic vision behind them.

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