As we prepare for a bull market post-halving, investors are hunting for sustainable crypto projects to diversify into amidst several in the market. With old guns Dogecoin (DOGE) and Shiba Inu (SHIB) experiencing a somewhat fluctuating period, a newbie, ETFSwap (ETFS), is tipped to excel this year. So, in this article, we will explore their potential and ascertain which of these three cryptos will hit the $2 mark first. Let’s dive in!
Price Prediction: Will Dogecoin Reach $2 By End Of 2024?
Dogecoin’s (DOGE) trajectory has remained uncertain over the last month, with the meme coin experiencing a relatively low price trend. The most popular meme coin saw a massive decline in its daily trading volume in the previous week and a 28.20% decline over the last 24 hours.
According to recent data on CoinGecko, Dogecoin’s (DOGE) current price is $0.1325, reflecting a 3.5% increase in the last 24 hours. However, the meme coin’s value indicates an 81.8% decline compared with its all-time high in May 2021, when it sold for $0.7316. The dog-themed coin is currently ranked No. 9 in the crypto world, with a market cap of $19,130,989,382.
With Dogecoin’s (DOGE) low market activity and high volatility of meme coins, it doesn’t look so bright for the Dogecoin (DOGE) community. It can only dream of hitting $2 by the end of 2024. However, with Elon Musk’s constant teasing of the crypto community using the renowned meme coin, all hope might not be lost.
Will The Shibarium Hard Fork Impact Shiba Inu (SHIB) Price?
Decentralized digital currency Shiba Inu’s (SHIB) Shibarium layer-2 network recently completed its hard fork. The network announced the fork in a post on its X (formerly Twitter) account, suggesting that it will enable “blazing transactions” and “predictable gas fees.”
The hard fork is believed to attract investors to Shiba Inu (SHIB), as upgrades have been made to the well-known meme coin platform. This seems to be the case as a look at the Shiba Inu (SHIB) price trend indicates that the meme coin has experienced a 4.1% value increase in the last 24 hours, and it currently sells for $0.00002298.
Despite the recent increase, the Shiba Inu (SHIB) price is still down 73.3% from its all-time high in October 2021. However, the Shiba Inu (SHIB) community is optimistic that the hard fork will drive investors that will push for a bull period into the platform.
Even if this happens, $2 looks like a very high mountain to climb for the meme coin, especially factoring in the fact that its market supply is in the trillions. Coupled with the emergence of a promising alternative like ETFSwap (ETFS), Shiba Inu (SHIB) investors have a slim chance of seeing the $2 price tag.
Price Prediction: ETFSwap (ETFS) Set To Hit $2 After Major Listing
The new decentralized finance (DeFi) platform ETFSwap (ETFS) is taking the crypto world by storm after influential analysts and experts backed it to go beyond the $2 mark immediately after it gets listed on major exchanges.
ETFSwap (ETFS) is on a mission to transform the decentralized finance (DeFi) sector by enabling the trading of cryptocurrencies and tokenized exchange-traded funds (ETFs) in its ecosystem. This way, it bridges the gap between the two sectors – traditional finance (TradFi) and decentralized finance (DeFi).
Users and customers can trade and invest in a broad option of exchange-traded funds (ETFs) and can also swap their cryptocurrencies to ETFs and vice versa. They also enjoy a wide range of benefits, including market-making services, perpetual futures services, 10x leverage services, etc. The forefront Ethereum-based DeFi platform also optimizes the advantages of blockchain technology to provide accurate and transparent data for its users.
Amid the uncertainty rocking the market, ETFSwap (ETFS) has stood firm as a viable option, with its presale amassing a large number of investors. Currently, in its Stage 1 presale, ETFSwap (ETFS) has sold out over 50 million tokens and is still selling fast at a price of $0.00854.
When the Stage 1 presale ends in a few days, Stage 2 will commence and sell for 2x the current price, guaranteeing a 100% gain for investors in this round. This suggests that Stage 1 investors will be seeing profit right out of the gate. Not only that but the uptrend is projected to continue even after the presale stages.
For more information about the ETFS Presale: