Altcoin
Ethereum Price To Smash Through $5,000, Triggering 400x Bull Run For Shiba Inu And ETFSwap
Investors are optimistic once again as the hope of the Ethereum price rallying to $5,000 hit the crypto market. In a recent report, Ethereum co-creator Vitalik Buterin spoke at length about upcoming solutions to Ethereum’s (ETH) staking, block production issues, and prevent centralization of proof-of-stake to Ethereum L1. With these solutions set to send Ethereum price roaring to $5,000, experts believe altcoins like ETFSwap (ETFS) and Shiba Inu (SHIB) will surge by up to 400x or more when this happens.
ETFSwap (ETFS) Poised For A Huge Run When In The Coming Altcoins Season
As the sole prospectus-based provider of ETF ERC-20 tokens, ETFSwap (ETFS) is set to take off by 400x when Ethereum price reaches $5,000 and triggers an altcoin season. Using the blockchain security of Ethereum (ETH), ETFSwap (ETFS) is a DeFi platform that tokenizes exchange-traded funds in the traditional market, making it possible to buy, sell, and trade ETFs on the blockchain. This has made ETFSwap (ETFS) one of the most revered crypto solutions in 2024. The platform recorded unprecedented users as it deployed on Tesnet less than seven days ago. With so much to offer, its perpetual trading system and AI-powered ETF tools are the main features that have captured users’ interest.
Not only will users be able to buy and sell commodity ETFs and fixed-income ETFs, they can also trade them using perpetual trading with up to 50x long and short options. Since the ETFSwap (ETFS) trading platform is open to everyone, it comes with an ETF Tracker and Screener, which uses AI technology to provide inexperienced and expert traders with guidance and sufficient information about the ETF market. This includes real-time ETF market performance analysis and much more. With growing attention around this “gateway to the trillion-dollar ETF market,” its native token is experiencing one of the most successful presales in 2024.
With over $5 million raised in the ongoing ETFSwap (ETFS) native token presale which is the final stage, a bullish run is expected as soon as the token lists on major crypto exchanges. Following the KYC verification of the ETFSwap team by the renowned SolidProof and the CyberScope audit of the entire ecosystem, the ETFS token is now being accumulated by market bulls confident of its performance after listing. The ETFSwap (ETFS) native utility token is scheduled to launch on Coinmarketcap, followed by Binance and Coinbase. Recently, it made its Coinmarketcap debut. Next to follow is the listing on Binance and other major crypto exchanges. When that happens, coupled with the upcoming Ethereum price run, investors who buy the ETFS token now while it’s still selling for $0.03846 are set to make up to 400x gains.
Shiba Inu (SHIB) Looks To Rally In The Next Altcoin Season
As the Ethereum price is poised to run to $5,000 soon, with Vitalik Buterin set to launch major improvements that will improve the performance of the Ethereum (ETH) chain, experts believe the Ethereum price will break to a new high. Many predict that the Ethereum price will reach $5,000 in light of these major improvements that will attract huge traffic to the chain. The rise in the Ethereum price is set to ignite an altcoin season that will cause Shiba Inu (SHIB) and many other altcoins to soar. Shiba Inu (SHIB) could use such a market uptick to break through its resistance.
While some experts predict a 400x rise for Shiba Inu (SHIB), historical patterns and current meme coin market trends show Shiba Inu (SHIB) might be unable to make such a run. Of course, Shiba Inu (SHIB) might be able to break out and shed a zero, but anything beyond this is over-ambitious. Besides, unlike the ETFSwap (ETFS) native token with many utilities such as staking, APR investment returns, and access to premium features, Shiba Inu (SHIB) has no solid use.
ETFSwap (ETFS), A Better Bet Than Shiba Inu (SHIB)
As the crypto market awaits Ethereum’s (ETH) historic surge to $5,000 and the pump will trigger an altcoin season that is set to pump ETFSwap (ETFS) and Shiba Inu (SHIB), the ETFSwap (ETFS) native token is the investment to pick. Its potential makes it a better bet than Shiba Inu (SHIB), which has a lower chance of a massive pump. So, to enjoy this upcoming 400x rise of the ETFS token, buy it now at just $0.03846.
For more information about the ETFS Presale:
Nearly a week ago, Donald Trump’s World Liberty Financial (WLFI) annnounced the launch of the USD1 stablecoin but the absence of a listing date continues to stump investors. However, an analyst says the stablecoin will make its debut on exchanges as early as April 1, baring any delays to stablecoin regulation in the US.
Expert Says USD1 Stablecoin Will List On April 1
Pseudonymous crypto analyst xHuai.eth took to X to predict a potential listing date for WLFI’s USD1 stablecoin. According to the analyst, the USD1 stablecoin may be available for trading as early as April 1 in line with industry conventions.
The analsyt disclosed that stablecoins are typically listed on exchanges within days of the annnouncement. WLFI announced the launch of the USD1 stablecoin on March 25 issued on Ethereum and Binance Smart Chain.
xHuai.eth disclosed that stablecoin listings on exchanges hinge on the completion of necessary technical steps. From the announcement, tapping Ehtereum, Binance Smart Chain, and Bitgo for custodial service indicates a completion of the technical steps.
Furthermore, xHuai.eth says that WLFI will be pressured to speed up listing processes to compete with USDT and USDC.
“With the announcement on March 25, the timeframe of March 31 to April 5 is reasonable,” said xHuai.eth. “April 1 is the most feasible date if there are no delays.”
Stablecoin Regulations May Affect The Listing Process
According to xHuai.eth’s analysis, incoming stablecoin regulation in the US will play a role in the USD1 stablecoin listing. The WLFI has previously mentioned that the launch on exchanges hinges on “regulatory approval” for stablecoins.
The US is hurtling toward stablecoin regulations with the GENIUS Act and STABLE Act piquing the interest of the White House. With authorities keen on expediting the passage of regulations, xHuai.eth argues the WLFI will move to list the USD1 stablecoin.
However, a delay in the regulatory process could lead to listing in late April, a scenario that xHuai.eth sees as unlikely. Authorities expect stablecoin regulation to go live in the US within two months driven by full support from the executive arm.
Following the release of the full draft of the STABLE Act, Sonic Labs is abandoning plans for an algorithmic stablecoin. Other issuers are positioning themselves to spearhead the government plans to maintain the dollar’s supremacy using stablecoins.
Aliyu Pokima
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.
The recent XRP price glitch on live American TV has created ripples in the crypto community. In an episode of “American Sunrise Early Edition” on Real America’s Voice, the value of XRP soared to a staggering $21,355, marking a 961,936% uptick from its actual price at the moment.
Notably, other cryptocurrencies like Bitcoin, Ethereum, Solana, Dogecoin, and Cardano also saw variations in their prices during the live TV program. Though the host, Jake Novak, addressed Bitcoin’s price anomaly, he overlooked the XRP glitch.
XRP Price Glitch on Live American TV: Key Details
During an episode of American Sunrise Early Edition on Real America’s Voice, the show displayed incorrect prices for major cryptocurrencies, including Bitcoin and XRP, with the values being significantly different from their actual market prices. For instance, the XRP price was displayed as $21,355, up by more than 961,936% from its actual market value of $2.1.
Throughout the market outlook segment, the XRP price glitch remained on the screen, fluctuating between $2.22 and $21,355. The community largely responded to the incident, drawing the team’s attention to the error.
This incident follows the increasing anticipations of the Ripple lawsuit settlement, driven by the SEC’s recent progressive stance.
XRP’s Repeated Price Glitch
As highlighted by the community members, it’s not the first time that XRP has experienced a price glitch. Historically, the token has seen dramatic price variations due to system errors.
In June 2024, XRP was shown on TradingView at $9,864, a point much higher than its original value. A glitch on Binance presented XRP at $5,791 due to data feed issues in October. In a similar incident, XRP’s value was incorrectly displayed on CoinMarketCap in November 2023, with the platform showing it at $1,919, a significant deviation from its actual market value.
Host Addresses Bitcoin Price Anomaly, Overlooks XRP
Notably, the technical issue on the American live TV has resulted in incorrect price displays for not just XRP, but several other cryptocurrencies. The episode presented Bitcoin’s price at $43,636, marking a significant drop of around 50% from the original value.
Meanwhile, Ethereum (ETH) rose to $6,000, a 156% surge and Solana (SOL) increased to $2,896, up by 1,983%. Dogecoin (DOGE) skyrocketed to $32, a 15,900% increase from $0.22, and Cardano (ADA) increased to $69, a 10,198% rise from $0.67.
Addressing the issue, the show’s host, Jake Novak, stated that the “graph had gone a little funky.” However, he only addressed the Bitcoin price glitch, overlooking the issues with other cryptocurrency values, including XRP.
How XRP Reacts To the Incident?
As of press time, XRP is valued at $2.10, with a notable decline of 5.5% over the past 24 hours. On a weekly and monthly basis, the token has experienced massive dips of 12.9% and 7.3%, respectively.
Despite the prevailing negative trend, the XRP price is facing a positives sentiment within the community. This is significantly evident in the 14.5% surge in the trading volume, currently at $4.18 billion.
Nynu V Jamal
Nynu V Jamal is a passionate crypto journalist with three years of experience in blockchain, web3, and fintech spheres. She has established herself as a knowledgeable and engaging voice in the cryptocurrency and blockchain space. Her experience as an Assistant Professor in English Language and Literature has further added to her quest for crafting informative, well-researched, and accessible content.
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.
The price Chainlink (LINK) has reversed its earlier growth trends after the broader market nosedived in mid-day trading. The current breakdown has triggered a new worry among investors for a coin that had the prospect of reclaiming its spot among the top 10 largest digital currencies.
The LINK price has fallen to $14.1, down 9.12% in the past 24 hours. This latest selloff has also raised the question of where the LINK floor is triggered.
Bitcoin Price and Bollinger Bands Insight
The Chainlink drawdown is steep and depends on the Bitcoin price selloff triggered by today’s US Core PCE figures. LINK has recorded more selloffs than most altcoins in the top 20 based on a percent decline over 24 hours.
LINK has fared much better on longer timeframes, as the token is still up by 1% in the past 7 days. The token’s Year-to-Date (YTD) growth is 34.76%, making analysts wonder if more selloff is inbound.
The LINK/USDT 4H Chart offers insight into the Chainlink price outlook. The current price is trading at the lower Bollinger Bands, $14.04. The deviation from the upper bands is a sign of intense volatility, which may or may not go well for the token.
Over the past 30 days, the LINK price has not dropped below $13, which is now classified as the next support level to watch.
LINK and Dependence on the General Market
The broader market is divided on what is next for Chainlink. The Oracle service provider remains one of various institutional clients’ most used blockchain protocols.
This means that the adoption of its services depends on the market or external factors.
Besides this, the price action of Bitcoin and other altcoins is also a major determinant of its potential rebound. At the time of writing, the price of BTC has dropped to a new weekly low of $83,872.69, down by 3.77% in 24 hours. With the bearish outlook, Peter Brandt said Bitcoin price crashing to $70,000 is not impossible.
With Chainlink’s dependence on Bitcoin, the altcoin may maintain its current outlook until the top coin prints a new rally.
Major LINK Price Catalyst to Watch
Per an earlier CoinGape report, Chainlink inked a deal with the Abu Dhabi Global Market (ADGM). This LINK partnership with ADGM will support the development of compliant frameworks for tokenized assets, expand blockchain adoption, and promote regulatory dialogue within the UAE and globally.
In an earlier LINK price analysis, projections were made that this partnership may push the token’s price to a high of $44. For now, the protocol’s price action signals caution overall.
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.
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