Can Shiba Inu Price Reach $0.1? Netflow Sees Massive 3,000% Spike

The Shiba Inu price, the meme coin that experienced a meteoric rise in 2021, is facing new scrutiny as data reveals a potential shift in investor sentiment that could hinder its campaign to $0.1. Meanwhile, ETFSwap (ETFS) looks like the next coin to reach $0.1; thus, Shiba Inu (SHIB) investors are likely reallocating their holdings to gain early exposure to this promising new project.

Shiba Inu Price: Negative NetFlow Surge Raises Uncertainty

Over the week, Shiba Inu (SHIB) has seen a significant surge in negative NetFlow, indicating a movement of large holdings out of the token. In a startling turn of events, Shiba Inu (SHIB) has seen a substantial increase in whale activity, with data from IntoTheBlock showing a 3,015% surge in SHIB's negative NetFlow over the past week. While a positive NetFlow typically indicates whale accumulation, a negative NetFlow suggests potential selling or a reduction in holdings by these major investors.

With whales' increased movement of Shiba Inu (SHIB), the surge in negative NetFlow creates uncertainty about their long-term positioning and sentiment towards the token. This dramatic reversal in NetFlow has thrown a wrench into the $0.1 dream, creating uncertainty about whales' long-term plans for the Shiba Inu price.

Further complicating the picture is the token's ongoing struggle at a critical technical resistance level, the daily SMA 50 (around $0.00002487). Despite repeated attempts by bulls to push the price above this level, Shiba Inu (SHIB) has consistently closed lower, highlighting the ongoing tug-of-war between buyers and sellers.

As of this writing, the Shiba Inu price has increased by 6.60% in the past 24 hours and is currently trading at $0.00002545. However, considering Shiba Inu's (SHIB) whale activities and its current price trajectory, reaching $0.1 seems highly improbable.

ETFSwap Presale

ETFSwap (ETFS): A New Option for Investors Amidst Shiba Inu (SHIB) Uncertainty

While Shiba Inu's negative Netflow increases, ETFSwap (ETFS), a decentralized exchange, has been recording significant milestones in its developmental process and ongoing public presale. As a blockchain-based cryptocurrency and Exchange-Traded Fund (ETF) trading platform, ETFSwap (ETFS) enables the buying and trading of institutionally listed ETFs through tokenization on the blockchain.

Users worldwide can utilize this innovative platform to swap cryptocurrencies like Shiba Inu (SHIB) for institutional ETFs such as fixed-income ETFs, cryptocurrency spot and futures ETFs, leveraged ETFs, and commodity ETFs. The platform has submitted applications for various operating licenses across different regions, paving the way for worldwide access to the tokenized ETF market for both cryptocurrency enthusiasts and traditional investors.

Additionally, ETFSwap (ETFS) has leveraged blockchain technology to boost its platform's performance, including facilitating the trading experience, enhancing transparency, boosting user security, and streamlining transactions. Trading ETFs on ETFSwap (ETFS) also comes with a few other perks, including up to 10x leverage on all trades and an 87% APR yield when you invest and stake its native token.

Moreover, ETFSwap (ETFS) offers perpetual futures and options trading, allowing users to access up to 50x leverage on all listed ETFs for long and short options trading directly on the platform. This feature enables investors to capitalize on market movements and potentially amplify their returns.

Prioritizing security and privacy, ETFSwap (ETFS) has eliminated the need for KYC verification and enhanced its privacy measures to enable users to trade anonymously and securely without external interference from regulators or financial institutions.

Furthermore, thorough auditing by CyberScope, a reputable cybersecurity and blockchain audit firm, revealed no vulnerabilities in the platform's security and foundational infrastructure, ensuring a safe trading environment for users.

Given its groundbreaking features set to revolutionize the crypto market, now is the right time to join this ecosystem and enjoy the numerous trading solutions and investment opportunities. The price of the ETFS token is currently $0.00854, but beware, as the price will rise to $0.01831 by the second presale stage.

Analysts also project the token to surge by 30,000% when listed on tier-1 exchange platforms like Binance.

For more information about the ETFS Presale:

Disclaimer: Analytics Insight does not provide financial advice or guidance. Also note that the cryptocurrencies mentioned/listed on the website could potentially be scams, i.e. designed to induce you to invest financial resources that may be lost forever and not be recoverable once investments are made. You are responsible for conducting your own research (DYOR) before making any investments. Read more here.

Analytics Insight