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Home Blockchain

How High Will The Shiba Inu Price Be If It Rises To XRP’s $30.5 Billion Market Cap?

by DigestWire member
October 21, 2024
in Blockchain, Crypto Market, Cryptocurrency
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The crypto market is a highly speculative community. A lot of what-if scenarios are constantly thrown at the wall as investors wonder “what could be” for their favorite cryptocurrencies. This time, the question is, “How high will the Shiba Inu price be if it rises to XRP’s $30.5 billion market cap?” Let us find out. Meanwhile, ETFSwap (ETFS) is strengthening its ETF trading platform in preparation for its beta platform launch.

Quantum Leap: Shiba Inu Price At Ripple’s (XRP) Market Cap

Shiba Inu (SHIB) put itself on the map after Shiba Inu’s price completed a meteoric 8,000% rise in October 2021. It is now the 13th-ranked crypto by market capitalization. Shiba Inu (SHIB) currently has a market capitalization of $11 billion, and the current Shiba Inu price is $0.0000186.

Ripple (XRP) is another top altcoin that has delivered impressive rallies to reach seventh on the top cryptocurrencies ranking by market capitalization. At its peak, Ripple (XRP) had a market cap of $131.6 million, but it has had a rocky couple of years. The SEC has launched a series of legal onslaughts against Ripple Labs Inc., the firm behind the Ripple (XRP) token.

So, how much would the Shiba Inu price be if it attained Ripple’s (XRP) market capitalization? MarketCapOf, a token comparison website, simplifies the calculations. At Ripple’s (XRP) current market capitalization, the Shiba Inu price would be $0.0000528. That level would represent a 2.84x increase in the Shiba Inu price.

ETFSwap (ETFS) Gearing Up For Beta Platform Launch

ETFSwap (ETFS) is the world’s premier decentralized ETF tokenization and trading platform. The intricate marriage of traditional and decentralized finance presents a fine opportunity for institutional investors and crypto traders to invest in a highly liquid market. Additionally, it allows both parties to hedge against losses by diversifying their portfolios across various assets and mitigating risks in adverse market conditions.

ETFSwap (ETFS) achieved this delicate cross by collaborating with regulated investment banks in compliance with the Markets in Crypto-Assets (MiCA) regulatory framework. This allows the platform to feature and offer a wide assortment of ETFs off an institutionally provided database of ETFs.

ETFSwap’s (ETFS) DeFi platform has been developed extensively with attractive features and tools to equip users as they traverse the complex world of ETF investing and trading. As the team prepares for the beta platform launch, they have completed development and rigorous testing on the platform’s backend and it has been deployed on the ETFSwap (ETFS) testnet. At this point, extensive testing is being done to make sure all the platform’s functionalities run smoothly so users will have the best experience using them.

When the beta platform finally launches in a few days, users will have access to ETFSwap’s (ETFS) advanced market-making algorithm. The program works in the background, tightening spreads and minimizing slippage to the barest level so all buy and sell orders will be taken at the best possible prices. Thus, traders on ETFSwap (ETFS) will always have optimal liquidity.

ETFSwap (ETFS) will eventually debut its AI-powered analytical tools, the ETF Screener and ETF Tracker. Both tools use artificial intelligence algorithms to analyze large amounts of market data, including real-time price movements and history. They then identify trends and patterns that may inform traders and investors as they weigh their investment decisions.

ETFSwap (ETFS) Set To Deliver 30,000% ROI For Investors As Total Worth Rises

ETFSwap (ETFS) will soon conclude its ongoing token presale. The token has seen tremendous inflows as investors go all in on the presale, expecting its predicted 30,000% rally in a few days. Smart investors are encouraging their fellow investors to buy the token at its low presale price of $0.03846 so they can enjoy massive rewards soon.

For more information about the ETFS Presale:

Visit ETFSwap Presale

Join The ETFSwap Community

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