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Dogecoin And Shiba Inu Price Prediction: Interest In Meme Coins Decline, Crypto Experts Run To ETFSwap (ETFS) Utility Token To Rally 500x

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5 months ago

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As change is constant in the crypto market, meme coins like Dogecoin and Shiba Inu that have once rocked the boat of investors are currently showing signs of decline, leading to loss of interest. Most crypto experts are expecting a new utility token, ETFSwap (ETFS), to rally 500x in the coming weeks, and smart investors are rapidly buying this token.

ETFSwap (ETFS): A Secure And Innovative Alternative To Meme Coins 

The vast number of meme coins makes it incredibly difficult for investors to distinguish between profitable projects and mere speculative assets. In light of this, ETFSwap (ETFS) is offering investors round-the-clock access to its DeFi platform known for hosting tokenized exchange-traded funds (ETFs). Through the Ethereum network, investors can spread their portfolios across numerous asset classes in the likes of real estate ETFs, commodity ETFs, fixed income ETFs, and more.

In comparison to meme coins that depend on speculations and social media trends, ETFSwap (ETFS) is redefining the crypto investment landscape with its customizable trading features that allow investors to multiply gains significantly. On the ETFSwap platform, investors can expand positions on the listed ETFs using the 50x marginal trading capital in order to earn gains of 5,000%. In addition, ETFSwap (ETFS) offers 87% in annual percentage yields (APY) as a reward to those who stake their tokens.

While interest in meme coins has declined significantly based on the recent Dogecoin and Shiba Inu price predictions, investors are expecting to 500x their portfolios in the coming weeks based on analysis from various crypto experts. Also, ETFSwap (ETFS) will launch its robustly developed beta platform in a few days. The first phase of the ETFSwap beta platform will allow users to participate in various liquidity pools and staking activities and access real-time prices on all ETF currencies. In the second phase, investors will be able to mitigate risk and increase their chances of profits with AI-powered tools like the ETF Screener, ETF Tracker, and ETF Filter.

ETFSwap (ETFS) has increased the confidence of investors in its platform by completing its KYC verification process with SolidProof, a cybersecurity firm specializing in checking blockchain vulnerabilities and protecting financial institutions from hackers and other malicious activities.

Dogecoin Price Outlook

Recent Dogecoin price predictions have not been entirely convincing, and investors are starting to lose interest as the meme coin’s once meteoric rise is now starting to fade off, further reflecting negatively on the Dogecoin price.

Dogecoin’s price began to fall as its daily relative strength index (RSI) peaked over 70, a level that often indicates an “overbought” scenario, a period of correction or consolidation. This implies that traders started locking in profits because they thought the meme coin had peaked in the short term.

Despite a 48% surge earlier in October, Dogecoin price has experienced a slight pullback. From its local peak of $0.149 two days ago, the Dogecoin price has fallen more than 7% as of today. According to data from CoinGecko, Dogecoin (DOGE) market cap is at $20.1 billion. As of writing time, Dogecoin price is at $0.137.

Shiba Inu Price Predictions

The Shiba Inu price is facing strong bears, battling to reach previous highs, which has caused most investors to lose interest in the meme coin. Recent reports reflect a significant decline in transaction volume, with major SHIB trades falling from 4 trillion SHIB to 500 billion SHIB in the last week. This decline in liquidity could make the Shiba Inu price more vulnerable to fluctuations.

In the last 7 days, the Shiba Inu price has experienced a 6.0% decline, and most analysts suggest that without renewed interest in the meme coin, the Shiba Inu price may continue to struggle.

Based on data from CoinGecko, Shiba Inu price is at $0.00001767 with a market cap of $10.4 billion. The current Shiba Inu price is 79.51% lower than the ATH price of $0.00008616 recorded in 2020.

Join The ETFSwap (ETFS) Presale For 500x Returns

ETFSwap (ETFS) is in the third stage of its presale, offering its native token (ETFS) for a very low price of $0.03846. With over 5 billion tokens sold within a short time, investors looking to multiply their profits by 500x are confident about their investments, as now is the best time to buy ETFSwap (ETFS).

 

For more information about the ETFS Presale

Visit ETFSwap Presale

Join The ETFSwap Community



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Analysts Predict XRP Price to Hit $6 as Wave 2 Correction Nears End

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51 minutes ago

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April 18, 2025

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As the XRP price approaches key support levels, crypto analysts Casitrades forecast that the cryptocurrency is on the verge of a breakout. A potential surge in price could see XRP targeting levels as high as $6, with the conclusion of Wave 2 of its Elliott Wave pattern signalling a shift toward bullish momentum.

This technical analysis points to a possible market rally, especially if the XRP price maintains support above $1.90 or $1.55.

XRP’s Price Trend Points To Rally To $6

Currently, XRP’s price remains near the $2.08 level, consolidating between crucial support and resistance zones. According to Elliott Wave theory, XRP price appears to be finishing Wave 2, a corrective phase, with a possible reversal that could trigger a move higher. Crypto analysts Casitrade has spotted the $1.90 and $1.55 levels, where XRP has shown solid support in recent weeks.

For a sustained breakout, XRP needs to break and hold above the $2.24 resistance. This level is critical as it represents the 0.382 Fibonacci retracement. If XRP price can clear and hold above this price, analysts expect a sharp move toward the $6 target, $9.50 and $12, which aligns with the 1.618 Fibonacci extension.

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A strong push above $2.24 would likely validate the breakout, allowing XRP to build on the current bullish momentum. Conversely, if the price struggles at this level and fails to maintain support, XRP could experience a brief pullback before making another attempt at higher targets.

Technical Indicators Point to Bullish Momentum

Early buy signals in the technical factors of XRP are pointing towards a bullish direction. The MACD histogram is green and the MACD line has recently crossed above the signal line, thus indicating a higher tendency for buying pressure. Concurrently, the Relative Strength Index (RSI) is still middle of the range, and that certainly provides some more room for price appreciation, if buying pressure persists.

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Besides these, if XRP price is able to sustain above the $2.25 on the weekly chart, this will indicate a low at the $2.09 mark. According to analyst EGRAG CRYPTO, a full-bodied weekly candle above this price would confirm a bullish reversal, allowing XRP to target higher price zones such as $2.51 and $2.60.

However, short-term volatility has remained a concern despite such signals. Currently, there has been a remarkable increase in exchange inflows, with more than 55 million XRP moved to exchanges, which could put pressure on the sell-side in the market. However, analysts foresee a more positive, longer-term outlook for XRP due to the possibility of a Ripple ETF.

XRP ETF Approval Could Fuel Price Surge

Investor sentiment surrounding XRP is also being fueled by the growing excitement about a potential Ripple ETF. According to reports, analysts at JPMorgan are predicting that the approval of a Ripple spot ETF could bring in over $8 billion in institutional investments. This could trigger a surge in the price of XRP, potentially pushing it well above $6.

The approval of an XRP ETF is seen as a key development for the cryptocurrency, with analysts such as Zach Realtor suggesting that it could send the price toward $15. Such a move would also bring XRP closer to a $1.8 trillion market cap, making it one of the most valuable assets in the crypto space. The approval process for Ripple’s ETF is expected to unfold in the coming months, with the SEC set to make a decision on Grayscale’s XRP spot ETF filing by May 22.

In the meantime, Teucrium’s recently launched leveraged XRP ETF has already gained significant traction, attracting $27 million in assets. This growing interest in XRP-based products further strengthens the case for a potential ETF approval, which could provide the necessary catalyst for a significant price rally.

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Kelvin Munene Murithi

Kelvin is a distinguished writer with expertise in crypto and finance, holding a Bachelor’s degree in Actuarial Science. Known for his incisive analysis and insightful content, he possesses a strong command of English and excels in conducting thorough research and delivering timely cryptocurrency market updates.

Disclaimer: The presented content may include the personal opinion of the author and is subject to market condition. Do your market research before investing in cryptocurrencies. The author or the publication does not hold any responsibility for your personal financial loss.





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Tron Founder Justin Sun Reveals Plan To HODL Ethereum Despite Price Drop

Published

3 hours ago

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April 18, 2025

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Tron founder Justin Sun is showing off diamond hands as the Ethereum price tries to stage a resurgence. Justin Sun has disclosed his intention not to sell off his ETH holdings while exploring new collaboration opportunities with Ethereum developers.

Tron Founder Is Not Selling ETH Holdings

Justin Sun has confirmed his resolve not to sell off any ETH despite falling prices for the largest altcoin. According to a post on X, the Tron founder disclosed plans to HODL the asset while unveiling plans to trigger a growth spurt.

“ETH is currently at a low price, but we have no intention of selling our ETH holdings,” said Justin Sun.

The Tron Foundation is yet to publicly reveal its ETH holdings, but speculation is rife that the organization holds a sizable amount. However, the Tron founder reportedly holds around 665,000 ETH valued at just under $1 billion at current prices.

Since Ethereum began its decline, the value of Justin Sun’s ETH holdings have plummeted from its highs of around $2.5 billion. Despite the price drop, the Tron founder is remaining firm in his resolve not to offload his ETH bags.

However, Ethereum whales are creating sell pressure for ETH by offloading their coins at a loss, sparking fears of a dip below $1,500.

Collaborating With Developers To Improve Ethereum Price

Alongside his declaration to HODL ETH, Sun revealed plans to double down on the Ethereum network. Going forward, Sun notes that Tron will explore increased collaboration with Ethereum via initiatives with developers and other critical stakeholders.

“Tron will continue to seek opportunities to collaborate with more Ethereum developers and build our industry together,” adds Justin Sun.

His comments come on the heels of a raft of community suggestions designed to improve Ethereum price performance. While the Tron founder did not give further details, the planned collaboration is expected to trigger a flurry of ecosystem activity.

This is not the first time Justin Sun is backing Ethereum with the Tron founder previously unveiling strategy to push ETH price to $10K. Sun’s plans revolved around stopping the Ethereum Foundation from making ETH sales for three years and taxing L2 protocols.

At press time, Ethereum price currently trades at $1,581 after falling by 46% over the last 12 months. There is chatter that Ethereum price has bottomed and bullish US unemployment data can trigger a rally to $2,000. Charts are indicating signals for an uptrend with ETH trading above a resistance trend line, sparking belief for push toward $4,800.

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Aliyu Pokima

Aliyu Pokima is a seasoned cryptocurrency and emerging technologies journalist with a knack for covering needle-moving stories in the space. Aliyu delivers breaking news stories, regulatory updates, and insightful analysis with depth and precision. When he’s not poring over charts or following leads, Aliyu enjoys playing the bass guitar, lifting weights and running marathons.

Disclaimer: The presented content may include the personal opinion of the author and is subject to market condition. Do your market research before investing in cryptocurrencies. The author or the publication does not hold any responsibility for your personal financial loss.





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Dogecoin Price Breakout in view as Analyst Predicts $5.6 high

Published

4 hours ago

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April 18, 2025

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A Dogecoin (DOGE) price breakout past its previous All-Time High (ATH) price is gradually becoming possible amid the current market setup. While still tied in a long-drawn consolidation, a potential breakout is ahead for the memecoin, according to predictions from market analysts.

Dogecoin Price and Open Interest Outlook

As of this writing, DOGE’s price has changed hands for $0.1569, which has increased by 3.3% in the past 24 hours. This price trend is a testament to how resilient the DOGE price is, having traded at a low spot value of $0.1532. The memecoin has traded at a very close range during this period.

The current DOGE outlook shows a bullish trend in the futures market as showcased by Open Interest data. Data from Coinglass pegs the total Dogecoin committed to the futures market at 9.87 billion DOGE. This was valued at $1.54 billion and has skyrocketed by more than 5% in 24 hours.

Top crypto exchanges like Binance, OKX, and Bybit saw the highest DOGE open interest record. While the price traded at a relatively close range, the open interest commitment proves that traders with leverage are betting on the asset. 

DOGE Price to $5.6?

Optimism trails Dogecoin, despite its spot value now trading down 78.71% from its ATH of $0.7376. Market analyst Dogedog told his more than 58,600 followers on X that the price of DOGE is heading to $5.6.

While Dogegod did not provide a timeline or much context for his prediction, he highlighted how the memecoin breaks falling wedges. The analyst is not alone in his projection for the coin, as an earlier DOGE price analysis, Ali Martinez, predicted a $0.29 rally for the asset in the near term.

Although this price trend is not unrealistic, the broader market slowdown may serve as a bottleneck. Key performance metrics already tipped the Dogecoin price in line for a short-term breakout. With trading volume up 6% to more than $586 million as of writing, retail interest in the coin has further skyrocketed.

Dogecoin remains the lead among altcoins being considered for an exchange-traded fund (ETF) product. As reported earlier by CoinGape, 21Shares filed for a spot Dogecoin ETF, the latest asset manager to make the move. The belief is that an approval can usher in institutional funds, which can help fuel the coin’s price growth.

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Godfrey Benjamin

Benjamin Godfrey is a blockchain enthusiast and journalists who relish writing about the real life applications of blockchain technology and innovations to drive general acceptance and worldwide integration of the emerging technology. His desires to educate people about cryptocurrencies inspires his contributions to renowned blockchain based media and sites. Benjamin Godfrey is a lover of sports and agriculture.

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Disclaimer: The presented content may include the personal opinion of the author and is subject to market condition. Do your market research before investing in cryptocurrencies. The author or the publication does not hold any responsibility for your personal financial loss.





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