SHIB Faces Possible Drawdown To $0.000009

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SHIB continues to underperform in this market cycle, leading to bearish Shiba Inu price predictions. Crypto analysts say that SHIB could drop to as low as $0.000009. This comes as whales focus on the Ethereum token ETFSwap (ETFS), which is currently selling for $0.03846. 

Shiba Inu Price Prediction: SHIB To Drop To $0.000009

As part of their Shiba Inu price predictions, crypto analysts say that SHIB can drop to $0.000009, losing the crucial support at $0.000010. This bearish prediction for the Shiba Inu price is because SHIB has underperformed in this market cycle. These analysts noted that the Shiba Inu price continues to range while other meme coins like Pepe (PEPE) and Popcat (POPCAT) enjoy massive gains, indicating a lack of interest in older meme coins. 

Therefore, they expect it won’t be long before SHIB loses this range of support and breakdown. The lack of interest in SHIB is evident because the meme coin’s adoption rate has stalled. Without any network growth, the Shiba Inu price will unlikely enjoy any massive rally. As such, the breakdown to $0.000009 looks more likely for the Shiba Inu price. 

Whales Are Moving Their Attention To ETFSwap (ETFS)

Amid this bearish Shiba Inu price prediction, whales are moving their attention to the Ethereum token ETFSwap (ETFS) as a conviction play. Having seen the exciting offerings that the ETFSwap ecosystem looks to offer, these whales agree with analysts’ predictions that the Ethereum token can enjoy up to 10,000% price gain in this bull run. 

These whales have been particularly impressed with how ETFSwap (ETFS) is set to change the narrative in global finance with its tokenized exchange-traded funds (ETFs) offering. This enables on-chain ETF trading, an easier way to invest in these traditional assets since the blockchain is easily accessible. 

The decentralized finance (DeFi) platform has no Know-Your-Customer (KYC) requirements, meaning investors can start investing quickly. They will also be able to trade anonymously as zero-knowledge (ZK) proof technology will be integrated into the platform. This means users won’t have to reveal their identity or sensitive information. 

To start investing, all these whales and other investors will need is the ETFSwap (ETFS) Ethereum token, which they will swap for their desired asset. The trading platform offers 24/7 market coverage, allowing investors to buy, sell, and trade these assets anytime. This will enable them to benefit from the market gains these assets record after traditional trading hours. 

Users can rest assured that their trades will be settled instantly and with minimal slippage, as  ETFSwap (ETFS) is a market maker. The DeFi platform is built on the Ethereum network, so these whales and investors will have access to the network’s unparalleled liquidity. ETFSwap’s decentralized nature also means that investors can trade these traditional assets from anywhere in the world without the limitations of traditional financial systems. 

These whales are also excited to trade their favorite cryptocurrencies alongside tokenized ETFs. Using the ETFSwap (ETFS) Ethereum token, they can easily swap their crypto assets for ETFs and vice versa. The Ethereum token also provides access to several other commodities on the DeFi platform. 

The ETFSwap (ETFS) Ethereum token also boasts some other impressive use cases, such as the exclusive investment opportunities it provides holders access to on the ETFSwap platform. Token holders also enjoy governance rights, which allow them to participate in the platform’s decision-making and influence decisions that favor their investment goals. 

Whales are highly anticipating the launch of the ETFSwap beta platform, which is set to happen anytime from now since it has already launched on the Ethereum testnet. When the beta platform launches, these whales will be able to use the ETFSwap (ETFS) Ethereum token to buy popular ETFs. 

Conclusion

Investors who have yet to buy ETFSwap (ETFS) in its ongoing presale should buy the Ethereum token before it sells out, as these whales are actively accumulating it. Early investors stand to enjoy greater returns from ETFSwap (ETFS), which is set to enjoy a 10,000% price gain, than SHIB, which will likely suffer more downward pressure. 

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