Shiba Inu Price Prediction: SHIB Could Rally 1000% as Retail Investors Return, Analyst Says

Analyst Zach Humphries recently boldly predicted that the Shiba Inu price could rally 1,000% from its current price level.

Analyst Predicts 1,000% Surge For Shiba Inu Price As Retail Investors ReturnAnalyst Zach Humphries has predicted a massive rally for the Shiba Inu price, suggesting that the meme coin could surge by 1,000% from its current price level. The analyst further explained why the Shiba Inu price is set to enjoy such a rally.

Shiba Inu price has been rallying in 2023, and the meme coin has gained over 450% year-to-date. However, the recent rally has slowed down, and SHIB price has consolidated over the past week. But Humphries believes that the Shiba Inu price is far from done rallying and could rally another 1,000% when retail investors return to the crypto space.

Humphries explained that the Shiba Inu price has a bullish outlook because SHIB has the luxury of being a household brand in the meme coin and crypto world. Therefore, the analyst believes that new retail investors will first flock to tokens like SHIB, which they have heard about, and this will spark the Shiba Inu price rally.

The analyst also mentioned Shibarium as another reason why the Shiba Inu price could enjoy this 1,000% rally. He noted that the layer-2 network creates more opportunities for SHIB token burns and adds utility for SHIB, which could attract more crypto investors in this cycle.

Lastly, the analyst mentioned that the Shiba Inu price will rally as Ethereum pumps since the meme coin is a top ERC-20 coin.

ETFS Token Is Also Well Positioned For A Significant Price RallyThe ETFSwap (ETFS) token is also well placed for a significant price rally like the Shiba Inu price. ETFS is the native token of the ETFSwap decentralized investment platform, which will offer tokenized exchange-traded funds (ETFs) and crypto assets in one place. The platform will also offer other commodities like gold and silver, among others, which investors can access using ETFs.

The ETFSwap (ETFS) platform creates impressive use cases for the ETFS token. Also, it provides an opportunity for a significant amount of ETFS’ 1 billion total supply to be burnt over time. The platform will implement a buy-back and burn mechanism using transaction fees earned to remove these tokens from circulation.

The exciting features of ETFSwap (ETFS) will attract massive demand for the platform and its native ETFS token, as investors will need it to access these features. This will ultimately lead to more ETFS burns since the platform’s daily transactions could run into millions based on the demand from traditional finance (TradFi) and crypto investors.

These investors will be able to easily diversify their portfolios between the tokenized ETFs and crypto assets on the DeFi platform using the ETFSwap (ETFS) token. Those seeking exposure to both asset classes can swap some of their ETF shares for crypto assets and vice versa using the token.

The ETFSwap (ETFS) token also provides access to the platform’s artificial intelligence (AI)-powered trading tools. These AI tools, ETF Tracker and ETF Screener, analyze several market data, such as historical trends, trading volume, and market sentiment, among others, and recommend the best ETFs to invest in.

It is worth mentioning that, like Shiba Inu, ETFSwap (ETFS) is also an ERC-20 token, and given its potential to become one of the top Ethereum coins once it launches, the token could also rally as Ethereum pumps. Moreover, ETFSwap’s amazing utility is also set to drive significant inflows into the Ethereum ecosystem, which will make it one of the major ERC-20 coins.

The ETFSwap (ETFS) beta platform has already launched on the Ethereum testnet, meaning that the DeFi platform should launch on the Ethereum mainnet anytime soon.

ConclusionWith ETFSwap (ETFS) still in its presale stage and selling at an affordable price of $0.05769, the token offers a better risk-reward ratio than the Shiba Inu price. Thankfully, those who have yet to position themselves in ETFSwap (ETFS) can still do so with the ongoing bonus round of the presale. However, investors must hurry as there are only limited tokens available.

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