The cryptocurrency market operates within a speculative atmosphere. Investors are consistently contemplating various what-if scenarios as they ponder over potential developments concerning their favorite digital currencies. This time, the intriguing question is, “What would the Shiba Inu price be if it matched XRP’s $30.5 billion market cap?” Let’s explore this possibility. In the meantime, ETFSwap (ETFS) is enhancing its ETF trading platform in anticipation of its upcoming beta launch.
A Quantum Shift: Shiba Inu Price at Ripple’s (XRP) Market Cap
The Shiba Inu (SHIB) token gained significant attention after it achieved an extraordinary 8,000% surge in October 2021. Currently, it ranks 13th among cryptocurrencies by market capitalization. The current market capitalization of Shiba Inu (SHIB) stands at $11 billion, with its present price at $0.0000186.
On the other hand, Ripple (XRP) is a prominent altcoin that has shown impressive gains, reaching the seventh spot in the cryptocurrency ranking by market cap. Ripple (XRP) once reached a market cap of $131.6 million, but it has faced several challenges over the years, including legal actions by the SEC against Ripple Labs Inc., the company behind the Ripple (XRP) token.
So, what could the Shiba Inu price be if it were to achieve Ripple’s (XRP) market capitalization? MarketCapOf, a platform for token comparisons, simplifies this calculation. If Shiba Inu reaches Ripple’s (XRP) current market cap, its price would rise to $0.0000528, indicating a 2.84x increase from its current value.
ETFSwap (ETFS) Prepares for Its Beta Platform Launch
ETFSwap (ETFS) is recognized as the top decentralized ETF tokenization and trading platform in the world. By integrating traditional and decentralized finance, it provides a unique opportunity for both institutional investors and crypto traders to engage in a highly liquid market. Furthermore, it offers both parties the ability to hedge against potential losses through diversified portfolios, effectively managing risks during market downturns.
This integration has been achieved through partnerships with regulated investment banks, adhering to the Markets in Crypto-Assets (MiCA) regulatory framework. This collaboration enables the platform to feature a wide variety of ETFs from an institutionally managed database.
ETFSwap’s (ETFS) DeFi platform has been carefully designed with user-friendly features and tools to assist users in navigating the complex world of ETF trading and investing. As the team prepares for the beta launch, they have successfully completed the development and rigorous testing of the platform’s backend, which is now operational on the ETFSwap (ETFS) testnet. Extensive testing is underway to ensure all functionalities work seamlessly for users, providing the best possible experience.
Following the beta platform launch in just a few days, users will have access to ETFSwap’s (ETFS) advanced market-making algorithm. This algorithm operates behind the scenes, optimizing spreads and minimizing slippage to ensure all buy and sell orders are executed at the most favorable prices. Consequently, traders on ETFSwap (ETFS) will benefit from optimal liquidity.
Additionally, ETFSwap (ETFS) intends to introduce its AI-driven analytical tools, the ETF Screener and ETF Tracker. These innovative tools utilize artificial intelligence algorithms to analyze vast amounts of market data, including real-time price fluctuations and historical trends, helping traders and investors make informed decisions.
ETFSwap (ETFS) Expected to Provide 30,000% ROI for Investors with Increasing Value
ETFSwap (ETFS) is nearing the conclusion of its current token presale. The token has witnessed significant investor interest, as many anticipate a potential 30,000% surge in the upcoming days. Savvy investors are encouraging others to acquire the token during the presale at its attractive initial price of $0.03846 to reap substantial rewards shortly.
For more details on the ETFS Presale:
