Altcoin
Economist Says Dogecoin (DOGE) And Shiba Inu (SHIB) Will Reach New ATHs This Cycle, But This $0.03846 Crypto Will Perform Better
Just recently, an economist predicted that both Dogecoin (DOGE) and Shiba Inu (SHIB) could reach new all-time highs in the upcoming crypto cycle, drawing attention from investors hoping to capitalize on the incoming success. However, while these well-known tokens are expected to make significant gains, this $0.03846 crypto, ETFSwap (ETFS), is quietly positioning itself to outperform them.
ETFSwap’s (ETFS) Set To Record Huge Gains For Investors Following ETF Trading DApp Announcement
Currently selling for $0.03846 per token, one crypto economist believes ETFSwap (ETFS) has the potential to deliver incredible returns due to its revolutionary solution. ETFSwap (ETFS) is a crypto and ETF trading platform that cooperates with financial institutions that are MiCa compliant to provide safety for tokenized assets backed up with real securities.
Additionally, its highly anticipated crypto ETF trading Phase 1 beta platform facilitates trading in perpetuals, futures, and tokenized ETFs, providing users with a comprehensive trading experience. After Windows UI examinations are successfully concluded, the beta platform is set to be launched soon, allowing users to engage in several liquidity pools and staking options while utilizing real time ETF pricing and swapping facilities.
With the upcoming launch, ETFSwap promises to revolutionize the market, offering traders a user-friendly experience with advanced tools such as the ETF Tracker and ETF Screener. These AI-powered tools will analyze price movements based on real-time market data and trends and recommend the best trades. To reassure users of its security, ETFSwap (ETFS) underwent a thorough audit by CyberScope, a leading name in blockchain security.
This rigorous process, combined with partnerships with MiCa-compliant regulated investment banks, guarantees a secure trading environment for all investors. With the final presale stage underway, ETFSwap (ETFS) presents a compelling opportunity for investors. Moreover, with plans to launch its own ETF by 2025, the crypto economist believes the ETFS token will surge by over 5,000% and potentially outperform Dogecoin and Shiba Inu.
Dogecoin (DOGE) Set For Potential Return After Monthly Surge
Dogecoin (DOGE) has been making waves in the crypto world once again, catching the attention of both casual investors and seasoned analysts. The token has seen a notable surge of over 6% in the last month, with a number of market players now asking about the possibility of a larger run. A certain economist, however, suggests that Dogecoin, which has yet to fully participate in the bullish trend of this cycle, could be very close to it’s all-time high this time around, a possibility that has many in the crypto community buzzing with excitement.
The economist points to several factors contributing to Dogecoin’s potential breakout, including renewed interest in the meme coin and the broader bullish trend seen across the crypto market. Its resilience, coupled with strong community support, makes Dogecoin (DOGE) a key player in the cryptocurrency market.
Can Shiba Inu (SHIB) Go Back To Its Winning Ways?
Starting out as just a dog-themed meme coin, Shiba Inu has become a huge favorite in the crypto industry, developing rapidly thanks to its active community support and investor adoption. This has made Shiba Inu one of the top-performing meme coins in the market, though its path to consistent growth has been rocky.
According to CoinMarketCap, Shiba Inu (SHIB) is currently trading at a weekly price range between $0.00001708 and $0.000020. With a 19% surgein the last month, an unnamed economist has predicted Shiba Inu (SHIB) to see a retracement and mirror its previous positive trajectories. This prediction has spurred optimism within the Shiba Inu (SHIB) community, with many anticipating a positive outcome.
Conclusion
This economist’s predictions highlight potential growth for Dogecoin (DOGE) and Shiba Inu (SHIB) as they prepare for new all-time highs. Meanwhile, ETFSwap (ETFS) is emerging as a strong contender in the crypto market, offering unique opportunities through its focus on ETF tokenization. As investors anticipate the next cycle, all eyes will be on this new project and its ability to transform the ETF market and the general crypto industry.
For more information about the ETFS Presale:
Solana (SOL) price has been under pressure recently, leading to concerns about a potential downtrend against Bitcoin (BTC). On the SOL/BTC price chart are signs that the cryptocurrency could be forming a “death cross,” a pattern that suggests a further decline in price.
This follows a period of weak performance for Solana relative to Bitcoin, sparking discussions on whether the altcoin can recover or continue to underperform.
Will Solana Form a Death Cross Against Bitcoin?
Over the past few months, Solana price has experienced a sharp decline when compared to Bitcoin. As of mid-April 2025, Solana is priced at 0.00158 BTC, down by 23% from earlier in the month. This comes after a significant 54% drop since January, showing a steady loss in value relative to Bitcoin.
The recent drop in Solana’s price has raised concerns among traders and analysts. Moving averages, which track price trends over time, have been narrowing, which is often a precursor to a potential death cross formation.
Specifically, the 23-day moving average is approaching the 200-day moving average in the weekly chart, a key level for technical analysts. If it crosses below the 200-day average, it would officially signal a death cross. This could indicate a further decline in Solana’s price against Bitcoin.
Solana’s Recent Performance and Market Trend
Nonetheless, Solana has had some strength, which can be attributed to the recent launch of Solana ETFs in Canada.
At the same time, institutional investors’ attention contributed to the altcoin’s success in surpassing the performance of numerous other cryptocurrencies, including Bitcoin. Solana delivered a 10.5% return within a week, while Bitcoin delivered a 1.8% return in the same time frame.
Nonetheless, the recent excitement about Solana appears to have subsided with the lessened market movements. Analysts like Ali Charts are now analysing whether the recent strength was just a blip in the charts or the first sign of an actual trend reversal to $65.
SOL/BTC Technical Patterns and Support Levels
Based on the current technical perspective, Solana’s price trend against Bitcoin has established the “Falling wedge” chart. This pattern is normally noticed during the consolidation phase, and the break above the upper trend line is usually interpreted as a signal for a bullish move.
The declining moving averages indicate that Solana may continue to decline against Bitcoin and possibly test lower supports despite the SOL/ETH ratio recording its highest weekly close
At present, the price is almost at the apex of the wedge pattern, meaning that it can break soon. If the price surmounts the resistance level at around 0.0018BTC, it will possibly lead to a bullish run and might even regain the value of 0.001895BTC for Sol. However, if the price cannot hold its support at 0.0014 BTC, then it may decrease even lower.
Solana’s performance against Bitcoin will be very significant over the next few weeks. The potential death cross and the support and resistance levels on the chart pinpoint that Solana might experience a difficult time moving forward. If the trend persists, the altcoin could potentially drop as low as 0.001 BTC—a price point that, when measured in dollar terms, is below $100.
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.
American asset management company Canary Capital has taken a new leap with a new filing for a staked Tron ETF product. Known as the pioneer of some of the most renowned altcoin ETF products, this new Tron ETF has further placed the firm at the forefront of the exchange-traded fund drive.
The Canary Capital Staked Tron ETF
According to the prospectus released by the firm, the new product is dubbed the Canary Staked TRX ETF. The firm is yet to reveal the trading platform the product will trade on, however, it confirms it will provide exposure to the price of Tron.
Based on the pricing data offered by Coindesk Indices, Canary Capital said it will rely on this to establish the Net Asset Value (NAV) for the product. This latest filing comes barely a month after the asset manager filed for Pengu ETF with the US Securities and Exchange Commission (SEC).
This is a breaking news, please check back for updates!!!
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.
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.
Based on historical data, July could be the next bullish month for the XRP price, which continues to consolidate amid this crypto market downtrend. Despite the market downturn, crypto analysts like CasiTrades are confident that the altcoin could still reach a new all-time high (ATH) in this market cycle.
Historical Data Points To July Being The Next Bullish Month For The XRP Price
Cryptorank data shows that July could be the next bullish month for the XRP price. This is based on the fact that the altcoin has recorded significant gains in each of the last five Julys.
Unlike July, April to June have been mixed for XRP over the last five years. For April, the last three out of five months have been bearish for the altcoin, although it recorded a 174% gain in April 2021.
For May, three out of the last five months have been bearish for the XRP price, although it recorded meagre gains in May 2023 and 2024. Meanwhile, June has been completely bearish for the altcoin, as it recorded monthly losses in the last five months.
It is worth mentioning that four out of the five monthly gains for XRP in July have been double-digit gains. As such, Ripple’s native crypto could again record double-digit gains this coming July.
Interestingly, crypto analyst Egrag Crypto predicted that XRP could reach double digits by its July 21 cycle peak. He alluded to the altcoin’s previous bull runs as to why July could mark this cycle’s peak. The analyst believes the Ripple price could reach $27 by then.
Analysts Argue XRP’s Consolidation Could End Soon
Amid this historical data, crypto analysts Dark Defender and CasiTrades have suggested that the XRP price consolidation could end soon. In an X post, Dark Defender stated that the altcoin’s consolidation is nearing an end and that he believes this is the final consolidation of the monthly structure.
Once this consolidation is done, the crypto analyst remarked that market participants can expect the Wave 5, which will send Ripple’s native crypto to new highs. He highlighted $2.22 and $2.30 as the major resistances to watch out for, while $1.88 and $1.63 are the major support levels. Meanwhile, the targets on this Wave 5 up are $3.75 and $5.85, which will mark a new ATH for the altcoin.
As CoinGape reported, crypto analyst CasiTrades also predicted that the XRP price could soon reach $6 as Wave 2 correction nears its end. The analyst also raised the possibility of the altcoin rallying to as high as $9.50 and $12 if it reaches the 2.618 and 3.618 Fibonacci extension levels, respectively.
However, there is still the possibility of the XRP price dropping below the $2 level before it rallies to new highs. Egrag Crypto warned that Ripple’s native crypto could still drop to as low as $1.4 in the event of a major liquidation.
Boluwatife Adeyemi
Boluwatife Adeyemi is a well-experienced crypto news writer and editor who has covered topics that cut across several topics and niches. Boluwatife has a knack for simplifying the most technical concepts and making it easy for crypto newbies to understand. Away from writing, He is an avid basketball lover, a traveler and a part-time degen.
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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