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Shiba Inu faces possible price correction, Ethena and ORDI plunge into chaos

Shiba Inu (SHIB), Ethena (ENA), and ORDI are experiencing major price corrections, suggesting that a large portion of their gains made earlier this year have been wiped out. While AI algorithms predict that the current decline may not be the end, investors are opting to buy ETFSwap (ETFS) Instead, the token promises to significantly outperform Shiba Inu, Ethena and ORDI.

ETFSwap (ETFS): Financial revolution for Shiba Inu Ethena and ORDI holders

Large holders of Shiba Inu, Ethena and ORDI are diversifying their portfolios for ETFSwap (ETFS) due to the unbroken success of the coin’s ongoing presale. As one of the newest additions to the DeFi industry, the platform aims to completely revolutionize the world of ETF trading.

By bridging traditional finance and DeFi, ETFSwap (ETFS) allows its users to invest in tokenized real-world ETFs from MiCa-compliant regulated investment banks in various commodities. Unlike traditional trading platforms, ETFSwap (ETFS) operates in full DeFi mode, enabling seamless and borderless crypto-to-ETF swaps through an intuitive user interface.

In addition, the platform offers advanced trading tools, including perpetual futures options with up to 50x leverageReal-time access to ETF trading data and an AI-powered ETF tracker. These features and KYC-free registration have attracted over 10,000 users who are eagerly awaiting the launch of the beta platform next month.

This influx of users is also reflected in the performance of the presale, which sold over 200 million tokens and raised nearly $2 million. The current price is 0.01831 USDthe ETFS token is positioned for potential astronomical growth, with some return predictions as high as 4000x.

Shiba Inu (SHIB): AI predicts price correction

Until early April, Shiba Inu was trading at $0.00003. However, in the last few weeks, its price has shown a clear negative trend. Shiba Inu first fell below the critical support level of $0.00002. It then continued to decline to below $0.000017 amid a bearish trend in the crypto market.

According to the latest data from June 24, AI algorithms from cryptocurrency prediction platform PricePredictions suggest that

Shiba Inu Price could drop to $0.000014 by July 1, 2024, and possibly even lower. At the time of writing, Shiba Inu continues to trade at $0.00001815, down 27% over the past month.

Ethena (ENA) and ORDI navigate market volatility

Ethena’s native token, ENA, has seen a sharp decline since peaking above $1 on June 4. It currently stands at $0.57.

ETHENA (ENA) reflects a significant decline of 37.89% over the past month and a further decline of 0.97% over the past week.

Ethena’s downtrend began around June 7 and has intensified since then, raising concerns about its ability to recover in the short term. The token’s price decline intensified after a phishing incident on June 23, pushing it to its all-time low.

ORDI is also struggling with the bear trend. Based on the latest market data from CoinMarketCap, ORDI’s Price has fallen below the critical support level of $50, which could potentially lead to further price declines. This current situation goes against the expectations of ORDI holders, who had expected the token to reach $100 in the second quarter, especially after it came close to this target in March.

Although the monthly price chart shows ORDI up over 18%, the weekly price chart shows negative signs. ORDI’s declining trading volume and falling market capitalization are further adding to investors’ worries.

Diploma

ETFSwap (ETFS) has proven its strength for the entire financial market by bridging the TradFi and DeFi worlds. This altcoin is revolutionizing ETF trading through its innovative and unique features. As pre-sales numbers continue to rise, ETFSwap (ETFS) is positioned for astronomical growth far beyond Shiba Inu, Ethena and ORDI, with some reaching up to 4000x return.

Further information on the ETFS presale:

Visit the ETFSwap presale

Join the ETFSwap community

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