As the latest Ethereum token project with endless potential for massive ROI, ETFSwap (ETFS) is causing a stir in the presale market
Dogecoin and Shiba Inu (SHIB) had a banner year in 2021, both reaching all-time highs (ATHs) and sparking conversation about the possibility of another bull market. Now, a new Ethereum token, ETFSwap (ETFS), is aiming to achieve something similar with its presale, which has already attracted attention and seen a rapid sell-out of tokens. Here's a closer look at how Dogecoin, Shiba Inu, and ETFSwap are connected in this context.
Dogecoin (DOGE) Surged To ATH In 2021, Backed By Elon Musk Hype, Meme Coin Trend
Dogecoin, the original meme coin, experienced a massive surge in 2021, largely driven by social media buzz and endorsements from high-profile figures. Tesla and SpaceX CEO Elon Musk was a key figure in this development. Multiple Dogecoin tweets from Musk in April and May helped propel the meme coin to new heights.
At the beginning of 2021, Dogecoin was trading at approximately $0.007. However, a wave of retail investor enthusiasm and online community support saw DOGE begin to rally significantly. By mid-April, the meme coin had surged to over $0.1.
A collective effort on Reddit and Discord to drive Dogecoin to $1 later gained steam. This community-driven target was not reached, but Dogecoin continued to rally throughout April and May.
On May 5, Dogecoin price hit an all-time high of around $0.73. At this point, DOGE had surged by over 10,000% from the start of 2021. The meme coin also briefly entered the top 5 cryptocurrencies by market capitalization.
However, a market downturn and sell-off later in May saw Dogecoin price plummet. From its ATH, DOGE price dropped by over 90% to reach lows of around $0.06. Despite this sell-off, Dogecoin managed to remain above the $0.05 mark for the rest of 2021.
Shiba Inu (SHIB) Price Also Skyrocketed In 2021, Meme Coin Mania Continued Surging
Shiba Inu, another meme coin that was launched in August 2020, also experienced a remarkable surge during the 2021 bull market. Gaining traction in early 2021, SHIB later attained ATH of around $0.00008845 in October.
At the start of 2021, Shiba Inu was trading at approximately $0.000004. However, a wave of retail investor interest and online community support saw SHIB begin to rally significantly. By March, the meme coin had surged to over 10X its January price.
A collective effort on Reddit and Discord to drive Dogecoin to $1 later also saw SHIB community members attempt to coordinate a price target of $0.01 for the meme coin. While this community-driven goal was not reached, Shiba Inu continued to rally throughout May and June.
On May 10, Shiba Inu price hit an all-time high of around $0.00008845. At this point, SHIB had surged by over 20,000% from the start of 2021. The meme coin also briefly entered the top 15 cryptocurrencies by market capitalization.
However, a market downturn and sell-off later in May saw Shiba Inu price plummet. From its ATH, SHIB price dropped by over 95% to reach lows of around 0.000018 by June. Despite this sell-off, Shiba Inu managed to remain above the 0.00001 mark for the rest of 2021.
ETFS Presale Surges Past $4.5M, Analysis Projects Potential For 100,000% ROI, Surpassing Dogecoin And Shiba Inu Gains
As the latest Ethereum token project with endless potential for massive ROI, ETFSwap (ETFS) is causing a stir in the presale market, with its Ethereum token drawing in nearly $5M. Analysts project that investing in ETFSwap’s native token, ETFS can yield massive gains as the Ethereum token is on track to witness a similar bull run experienced by Dogecoin and Shiba Inu in 2021.
The main attention-grabber of ETFSwap (ETFS) is its fully decentralized trading platform where investors can trade now tokenized ETF assets with cryptocurrencies in a matter of seconds. These ETF assets have already been protected by MiCA-compliant banks through links to Real-World Assets.
Investors who trade on ETFSwap (ETFS) can achieve impressive benefits, including an annual percentage rate (APR) yield of up to 87%, 50X trading power. There
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