Market economics show bullish market sentiment as the SHIB burn rate increases. If the burn rate continues to increase, the Shiba Inu price may significantly increase. With this happening in the SHIB community, the ETFSwap (ETFS) token is also experiencing strong bullish momentum in its ongoing presale, which is set to push its price from $0.03846 to $5.
Market Sentiment Spreads To The ETFSwap (ETFS) Presale
The current SHIB burn rate shows the crypto market is bullish. As the SHIB community stays dedicated to increasing the Shiba Inu price, traders are also trooping to the ETFSwap (ETFS) presale. The presale momentum doubled in the past few days as the ETFSwap (ETFS) token’s last presale stage surged by 25%, taking the total presale raised to nearly $6 million. The ETFSwap (ETFS) token is available on Coinmarketcap, and the next is Binance and other major exchanges. This upcoming listing will combine with the market bull sentiment to send the ETFS token from $0.03846 to $5.
The ETFS token is not just carved out of nothing. It’s the utility token of one of the most anticipated and ‘’projected to be highly successful’’ platforms. This platform is the ETFSwap (ETFS) trading platform that provides on-chain trading services to users. The ETFSwap (ETFS) platform tokenizes real-world ETFs in sectors like transportation, technology, health, oil & gas, etc, to make them tradable on the blockchain. With this DeFi platform, users get to enjoy perpetual trading, which has long and short options of up to 50x. The platform is also an AI innovation as it uses strong AI technology to analyze the read and analyze market, then give predictive market analysis reports.
With the role of the ETFSwap ETFS DeFi platform in the crypto market, it gives its token value through a couple of utilities. For example, the staking pool on the DeFi platform is open to the ETFSwap (ETF token holder and they get to enjoy up to 36% returns. Another utility of the ETFS token on the platform is free access to exclusive tools, especially AI trading tools. The ETFS token also allows APR yield of up to 87% and airdrop rewards. Voting rights to contribute and decide on major developments in the ETFSwap (ETFS) ecosystem are additional benefits for those who buy the ETFS token.
With the strong offerings of the ETFSwap (ETFS) platform and the utilities of its native tokens duly audited and verified by CyberScope, its massive rise is inevitable. Selling at $0.03846, the ETFSwap (ETFS) token is set to move 130x to $5 soon.
Shiba Inu (SHIB) Burn Rate: A Commitment To Growth
The Shiba Inu price might see a major uptick in a few weeks. In the past few weeks, SHIB increased by close to 7,000%. It is evident that the SHIB community is dedicated to seeing the growth of the Shiba Inu price after many down months. This strategy to reduce the supply of SHIB and drive the value of Shiba Inu price upwards has been going on for many months. This continued effort is a sign that market economics is bullish and that the Shiba Inu price might gather momentum to keep it rising. How high the Shiba Inu price can rise depends on the continuous burn of SHIB until it is sufficient.
Conclusion
Data from Shibburn shows a lot of burning is taking place, but analysts think the reoccurring drop in the SHIB rate might take the meme coin a long time to retest new highs. Still, the bullish market sentiment is still on, and the ETFSwap (ETFS) token is poised to rise its wave to climb by 13,000% soon.
For more information about the ETFS Presale:
Visit ETFSwap Presale
Join The ETFSwap Community
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