Ethereum’s Decun upgrade, aimed at lowering transaction fees, looks to be already taking effect, seeing as gas fees on the network have declined significantly since the upgrade. This presents an excellent opportunity for investors to invest in Ethereum-based coins such as Shiba Inu (SHIB), Pepe (PEPE), and ETFSwap (ETFS).
Time To Invest In Shiba Inu (SHIB) And Pepe (PEPE) As Ethereum Fees Crash
Data from BitInfoCharts shows that Ethereum’s average transaction fee is currently at its lowest since 2022. Data from Etherscan also shows that Ethereum’s average gas fee is around 16 Gwei ($1), which is relatively cheap, given how high network fees have been in the past. This presents a good time for investors to invest in Ethereum ERC-20 coins that have already shown their potential to lead in this bull run.
Shiba Inu (SHIB) and Pepe (PEPE) are two Ethereum tokens that have already stood out since the year and are likely to enjoy more price gains as the year progresses. Shiba Inu (SHIB), on its part, has already made a year-to-date (YTD) gain of over 100%, and this only looks to be the beginning as crypto analysts have made ultra-bullish price predictions for the meme coin.
Most crypto analysts agree that Shiba Inu (SHIB) could shed another zero from its current price of $0.00002378 and rise to as high as $0.0001. Such a price increase represents a price gain of over 300%, meaning that investors could see a 3x return on their investment if they were to invest in Shiba Inu (SHIB) now.
Shiba Inu (SHIB) attaining such heights looks feasible, considering that this was the same crypto token that saw a 46,000,000% price gain during the 2021 bull run. Although Shiba Inu (SHIB) has undoubtedly lost most of its bullish momentum, the Ethereum token can still mount a considerable run in this cycle.
Like Shiba Inu (SHIB), Pepe (PEPE) has already enjoyed significant price gains since the start of 2024, boasting a year-to-date (YTD) gain of over 600%. Pepe’s run this year has led to the meme coin ranking as the second-best performing crypto asset among the top 50 cryptos by market cap, only behind Dogwifhat (WIF).
Despite the bull run not yet being in full force, Pepe (PEPE) is already close to its all-time high (ATH) of $0.00001074, just 8% below this price level from its current price of $0.000009738. That means Pepe (PEPE) could mount a massive rally when the time comes.
ETFSwap (ETFS) Is The Ethereum Token You Shouldn’t Miss
ETFSwap (ETFS) is an Ethereum ERC-20 coin that will enjoy the most gains among all Ethereum-based tokens in this bull run. This is because ETFSwap (ETFS) just launched and undoubtedly has more bullish momentum than tokens like Shiba Inu (SHIB) and Pepe (PEPE).
The ETFSwap (ETFS) platform has introduced a first-of-its-kind exchange that allows crypto investors to directly trade crypto and exchange-traded funds (ETFs). This is made possible by ETFSwap’s tokenization which brings the trillion-dollar traditional ETF industry to the blockchain.
The ETFSwap team announced that to gain access to the unique features of the platform, users will need to hold ETFS tokens. This has triggered an unprecedented wave of demand that has propelled the ETFS presale to the leading crypto ICO in the industry.
It is also worth mentioning that ETFSwap (ETFS) has already outperformed the likes of Shiba Inu (SHIB) and Pepe (PEPE), with its value skyrocketing by over 2,000% since launch. This is only the beginning, as crypto experts say that ETFSwap (ETFS) could still enjoy a 200,000% gain from its current price of $0.00854.
Stage 1 of the ETFS presale is already fast selling out, with over 80 million tokens already sold. This underscores the demand for the Ethereum token and why it is imperative for crypto investors to get into the project early.
Additionally, the price is expected to rise over 100% to $0.01831 in the second stage of the presale, so investing in the first stage will position investors for the highest possible gains.
