A Dogecoin whale recently sold off their $2 million Shiba Inu (SHIB) holding in an unsurprising move to buy ETFSwap (ETFS) in large volume. The Dogecoin whale is out to accumulate the ETFS token and also set part of the funds to invest in ETFs via the ETFSwap trading platform. Let’s see the reasons for this bold move.
ETFSwap (ETFS) Offers Multiple Money Making Opportunities To Investors
The Dogecoin whale spotted the solid money-making opportunity of the CyberScope-audited ETFSwap platform and its native token offering and decided to go big.
According to the latest financial data, the ETF market has billions of assets under management with high-profit potential. Because of this, the Dogecoin whale is set to start using the ETFSwap DeFi trading platform, which was built for trading ETFs on the blockchain.
With the ETFSwap (ETFS) trading platform, the Dogecoin whale and many others can easily and securely trade ETFs on-chain without using traditional financial institutions.
The ETFSwap’s platform perpetual trading of these tokenized real-world ETFs is a game changer, as users can position themselves well in the market using long and short options to gain up to 50x.
Additionally, the Defi platform offers AI trading assistance to users, allowing them to gain detailed insight into the ETF market through accurate predictive analysis and investment recommendations.
With all these resources, ETFSwap is set to make it possible for users to make heightened gains, and many find this offer irresistible. Even the Dogecoin whale is rumored to have set aside sizable funds to invest in ETFs via the ETFSwap ETFS platform once it becomes fully operational soon.
The ETFSwap native token is another money-making opportunity in the ETFSwap ecosystem. Through the ETFS token, investors participate in the liquidity pool and get 36% returns and 87% profit on APR yield.
Airdrop rewards also allow investors to make some decent amounts. However, the prospect of the ETFS token launching at $3 while currently selling at $0.03846 is why the Dogecoin whale is set to accumulate the token.
This 100x potential gain has whipped the crypto community into a frenzy. Many retail investors, whales, and institutional investors are rushing to the ongoing ETFSwap (ETFS) presale, which has raised over $4 million so far.
Shiba Inu (SHIB) Falls Short Of Dogecoin Whale’s Expectations
Shiba Inu’s price movement in 2024 has got many investors, like the Dogecoin whale, questioning its performance going forward. Since 2021, Shiba Inu has been unable to retest its all-time high of $0.00008616.
At press time, the SHIB meme coin trades at $0.00001682, a significant difference from its all-time high. With the entire meme coin market on a bearish trend, the broader crypto market struggling, and the loss of social media and community hype for Shiba Inu particularly, it may not rise significantly anytime soon.
Seeing this, the Dogecoin whale decided to sell their Shiba Inu holding worth $2 million to invest in ETFSwap with a 100x rise potential rise when it lists on major exchanges such as Binance, Coinbase, and Bybit, among others. With the upcoming launch of the ETFSwap beta platform and the presale in its last stage, the token listing is closer than ever.
Conclusion
Shiba Inu’s unpredictability moved the Dogecoin whale to opt for the exciting offers of ETFSwap. With several meme coins performing poorly and no significant price pump in sight, it is time to invest in ETFS at just $0.03846 to take advantage of its 100x potential and other earning opportunities.
For more information about the ETFS Presale:
Visit ETFSwap Presale
Join The ETFSwap Community
Source: https://www.cryptonewsz.com/doge-whale-sells-2m-in-shib-to-invest-in-etfswaps-100x-potential/