History never repeats itself, but it often rhymes. In line with this, the Shiba Inu price is set to enjoy an impressive price gain this October. However, investors looking for larger returns are better off investing in the Ethereum hidden gem ETFSwap (ETFS), which analysts say will record a 5,320% price gain before 2025.
ETFSwap (ETFS) To Record A 5,320% Price Gain
Analysts have predicted that ETFSwap (ETFS) will witness a 5,320% price gain from its current price of $0.03846 and reach as high as $2 before the year ends. This bullish outlook for the Ethereum token is due to its unique utility, which will make it stand out in this market cycle.
The Ethereum token provides access to the tokenized exchange-traded funds (ETFs) on the ETFSwap investment platform. This Ethereum hidden gem is set to gain more attention soon enough with the imminent launch of phase 1 of the ETFSwap beta platform. Once the platform goes live, investors will have the chance to experience how ETFSwap’s first-of-its-kind offering works.
Those looking to access these tokenized ETFs on the ETFSwap platform will need the Ethereum token. Therefore, investors will rush to buy the Ethereum hidden gem when phase 1 goes live. The platform’s user-friendly interface allows users to convert the ETFS token to their desired ETF easily.
The ETFSwap (ETFS) token will bridge traditional and decentralized finance (DeFi) worlds. On the ETFSwap platform, investors will be able to conveniently swap their ETFs for crypto assets and vice versa using the Ethereum token. This Ethereum hidden gem also provides access to the other exciting offerings on the ETFSwap platform.
For instance, users will be able to stake their ETFs and earn mouth-watering staking rewards on their staked assets. The staking feature also extends to crypto assets on the decentralized trading platform. Investors can stake the ETFSwap (ETFS) token and earn up to 75% annual percentage yield (APY).
Holders of the Ethereum token will also be able to provide liquidity to liquidity pools on the ETFSwap platform and earn some of the fees from token swaps. These liquidity pools will be available when phase 2 of the ETFSwap beta platform launches. The ETFSwap (ETFS) team, certified by SolidProof, mentioned that the liquidity provision and staking features will be integrated into phase 2 of the beta platform.
Meanwhile, the Ethereum token also grants holders access to exclusive investment opportunities like the platform’s ETF, which will launch next year. Token holders also possess governance rights and can participate in the decision-making on the DeFi platform. This means they can influence decisions that positively impact their investments in ETFSwap. ETFSwap (ETFS) holders are also eligible for monthly airdrops from the ETFS rewards pool.
Shiba Inu Price Set For A Bullish October
The Shiba Inu price is set for a bullish October. Cryptorank data shows that the Shiba Inu price has historically enjoyed monthly positive returns in October since the meme coin launched in 2021. On average, the Shiba Inu price has enjoyed a 213% gain in October. Therefore, investors can expect the Shiba Inu price to enjoy a significant return this month.
The Shiba Inu price has already gotten off to a good start, with the meme coin currently up over 2% since October began. However, it is unlikely that the Shiba Inu price will record anything close to its average gain of 213% in October, considering how the meme coin market has become saturated with newer meme coins, taking some of the volume from the foremost meme coins.
Conclusion
With the Shiba Inu price unlikely to record its average price gain of 213% in October, ETFSwap (ETFS) remains the best option for those looking for massive returns before the year ends. Investors stand to make a 50x return on investment (ROI) as the Ethereum token records its 5,320% price gain.
