As the Bitcoin price eyes a surge to $120,000, market excitement is spilling over to promising altcoins. Shiba Inu (SHIB) stands to benefit significantly from this bullish market momentum as investors set optimistic targets on the altcoin.

However, all eyes are set on ETFSwap (ETFS), listing on December 6 after a highly successful presale. This Ethereum DeFi token has caught the attention of crypto experts who see the potential of the new cryptocurrency to hit massive highs like Shiba Inu (SHIB) did in the previous bull run.

ETFSwap (ETFS) Set To Go As High As $20 In This Bull Run

With listing ahead for ETFSwap (ETFS), the new coin is already exhibiting the early signs of success noticed on Shiba Inu (SHIB) before the historic price surge in 2021. The ETFSwap (ETFS) presale went on for a few months, but investors are lined up ahead of its DEX listing to add more positions amid recent analyst predictions on the new project.

ETFSwap (ETFS) aims to create a decentralized platform for trading tokenized ETFs backed by actual ETF securities. This Ethereum-based solution is the first of its kind and offers first-mover advantages in a market poised to be worth $16 trillion by 2030. For many investors who missed out on the presale, an early entry on the listing is the best bet at getting in before the massive price surge predicted on the token.

The new platform promises an improvement over existing centralized ETF platforms. Some of these include faster ETF settlement, passive income benefits from staking, zero trading hour limits, convertibility between ETFs, zero KYC, and more.

Experts are impressed at the depth of value of ETFSwap (ETFS), agreeing that its unique market position provides it an edge over the trends noticed on Shiba Inu (SHIB) in the previous market cycle. Shiba Inu’s nature as a meme coin left the coin susceptible to wider market swings, which could be argued to be another reason for its meteoric rise.

While ETFSwap (ETFS)

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Author: Bitcoinist