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Topic: $2 million worth of SHIBA INU bought - page 2. (Read 468 times)

full member
Activity: 700
Merit: 100
December 13, 2021, 07:46:52 AM
#50
I do not regard this as a signal to buy, rather it is surprising how many can regard it as a signal. Such volumes can hardly be called even a correction or a change in the trend on a coin. Good luck to all those who are trying to earn money for a happy life on the train, the main thing to remember is that any train has the last carriage.
hero member
Activity: 3052
Merit: 606
December 13, 2021, 07:29:07 AM
#49
Shiba Inu I think is for a long-term project. We don't know his/ her motive why he bought such a huge amount. If he is looking for a long term a try to keep it then that's good. Shiba inu is still has a long journey if he wants to surpass doge price
Shiba Inu's top and only competitor is Dogecoin but SHIB will have a lot more longer journey to go just to surpass DOGE or even match its level. For now, SHIB is just starting to have its potential to grow but thinking that it can be a long-term project to invest is quite a bit foolish and too early to decide for now.
That $2 Million bought is a scheme only to attract small investors and eventually, he/she will dump that leaving small investors in tears.
sr. member
Activity: 1722
Merit: 309
December 13, 2021, 07:01:01 AM
#48
Purchasing that amount would be a driving factor towards other people or smaller investors buying into Shib. Because something like that would make it even more attractive because why in the first place? Like why would an investor put that kind of money on the line if they don’t have any plans on having SHIB?

It could be another trap or a sign that it could go higher. As long as you know what you are doing and not forcing yourself to buy, you are good.
It's another pump and dump scheme to manipulate the market to a temporary hype that can attract small to medium type of investors who lacks knowledge about these scheme and trap made by whales. Because why would someone purchase such large amounts coins worth $2 Million, right? They're the unknown Elons Musks alikes.
Lucky for those who doesn't get involved to invest in memecoins to play it safe, and also there are ones who also got lucky to join the hype and made profits before the dump.
full member
Activity: 532
Merit: 100
December 13, 2021, 03:21:25 AM
#47
how likely is it that the shiba inu will become a token of value and good value for the future?
Of course the answer is the same for each of us, if we believe in Shiba Inu, of course we have an answer from each of us. but I personally really like shiba inu because the community is growing very well, from that reason I assume that the future of shiba will grow well because of the community. and i think for people who buy shiba nowadays it is very good to keep their assets

The large community does impact the price, even if it's just memecoin, but what do you think about Shiba in the future? I recently saw that Shiba would make a metaverse game, but I don't know whether the game will use Shiba or another token. If using Shiba it will undoubtedly add value to Shiba, no longer memecoin, but it already has a use case

I think if the shiba inu has its uses for the future then it is possible that the price and shiba inu fans will exceed from now on. the usefulness I mean is in the form of its use in games as you mentioned, namely the metaverse game. I think that regardless of the type of coin, if it has many use cases, the price and development will also increase, as well as the shiba inu
legendary
Activity: 2548
Merit: 1873
Leading Crypto Sports Betting & Casino Platform
December 12, 2021, 01:07:05 PM
#46
I think that the whale that is doing this is because he actually has a great plan, and one of those plans is that that whale can have inside information, it is well known that that emme coin goes up when BTC goes up in price, so it may be that have the data of when it will rise more or less and at that moment people will enter to buy Shiba, because it is natural that many want to enter the currencies when they are rising, so they do not lose the movement, and I think that at that moment the whale will sell to make a profit, because that meme coin can really be a huge risk to have and more in these moments of the market, the whale is waiting for the right moment to sell.
member
Activity: 588
Merit: 11
Futiracoin.com
December 09, 2021, 02:49:42 PM
#45
Shiba innu is very risky now already give us unbelievable profit so invest more than in this coin I think risky because this is community base token and working mostly influencer tweet so invest only some amount which we can afford in the case of loose
If this is a coin that targets success on influencers, it shows that they do not have a good development concept in the future, this type of coin relies on hype which makes us more risky, even if we want to invest in shiba inu, then we naturally have to do purchase in general capacity, until now I personally still not sure shiba inu will develop like dogecoin.
full member
Activity: 896
Merit: 100
$CYBERCASH METAVERSE
December 09, 2021, 01:47:14 PM
#44
Shiba innu is very risky now already give us unbelievable profit so invest more than in this coin I think risky because this is community base token and working mostly influencer tweet so invest only some amount which we can afford in the case of loose
hero member
Activity: 2114
Merit: 740
Leading Crypto Sports Betting & Casino Platform
December 09, 2021, 01:19:11 PM
#43
The reason Ethereum whale bought Shiba is because Shiba Inu is compatible with the Ethereum ecosystem. Other ecosystems that encourage the Shiba inu to become increasingly attractive to traders are ShibaSwap, Shiba Inu Incubator and Shiboshi. When demand is high, will push the Shiba Rally even better. Another factor that makes traders confident about Shiba recovery is that Shiba is already listed on the Coinbase crypto exchange. Traders are waiting for Shiba to continue the positive trend, this time if shiba recovery happens, it's not the result of Elon Musk's cool hand polish.
hero member
Activity: 2086
Merit: 603
December 09, 2021, 01:07:27 PM
#42
That much volume is beneficial for that guy who made $2 mln worth investment. When a coin has very low value, like in 3-4 digits after decimal they are easy to buy in bulk volume, thus little movement in their value, for example few cents could cause alarming change in their total asset value. Because every cent is multiplied by the number of coins you are holding. In the above case it would multiply in millions and thus turning this guy very rich in very short time.

There is just little problem here, he will need to be very patient until this up surge occurs since peeps would be selling as of now once they see some upward movements. Once Shiba takes few decimal up this guy could just make multi million bet out of this huge investment. It’s risky though.
member
Activity: 868
Merit: 38
Join hands and help me to grow everybody...
December 09, 2021, 12:50:38 PM
#41
As per the latest update an Ethereum whale has purchased SHIB worth over $2 million, is that why we have seen recovery in the price over last 24 hours? I am wondering whether this will push more users to buy SHIB as there are two reasons why users will buy SHIB, one just because it's recovering and second is the assumption that whenever whales invest into any crypto it would pump hard. Are we being bull trapped again ?

I think this is a whale who wants to pump SHIB into the top 10 and restore prices, remember that since the highest position the price of SHIB has dropped too far, this is the power of money, if SHIB is supported by strong money it can convince the public.
Does it mean Shiba Inu is having good project, and it go up again despite of it's dropped in the market.
If you say shiba is supported by strong money is not a clear understanding to me, i want to know what you mean by that.
legendary
Activity: 3080
Merit: 1500
December 09, 2021, 12:05:59 PM
#40
As per the latest update an Ethereum whale has purchased SHIB worth over $2 million, is that why we have seen recovery in the price over last 24 hours? I am wondering whether this will push more users to buy SHIB as there are two reasons why users will buy SHIB, one just because it's recovering and second is the assumption that whenever whales invest into any crypto it would pump hard. Are we being bull trapped again ?

I am seeing this news is doing rounds in the internet today. Some whale had purchase 27 billion Shiba Inu tokens worth over two million dollars. I believe this is a speculative purchase because there was a FUD running in the market that Shiba Inu token will be listed in Robinhood exchange. So I believe the whale tried to bank on this news.

Eventually Robinhood listing wasn't done yet and the value of this token took a hit. That's why it's very risky to invest in meme coins which has no real use case and are actually worthless in real world.
sr. member
Activity: 1456
Merit: 251
December 09, 2021, 11:35:53 AM
#39
I think this is a whale who wants to pump SHIB into the top 10 and restore prices, remember that since the highest position the price of SHIB has dropped too far, this is the power of money, if SHIB is supported by strong money it can convince the public.
I think the decline in SHIB position on Coinmarketcap is still in normal condition because the previous SHIB position has increased drastically until it is included in the list of the top 10 coins, it is part of a position correction because currently the trend of top coin memes is not supported by the arrival of many new meme and NFT projects. Until finally Doge and SHIB will be victorious again in the next trend because they have dominated the market in the meme coin market category.
full member
Activity: 1162
Merit: 106
December 09, 2021, 11:10:10 AM
#38
As per the latest update an Ethereum whale has purchased SHIB worth over $2 million, is that why we have seen recovery in the price over last 24 hours? I am wondering whether this will push more users to buy SHIB as there are two reasons why users will buy SHIB, one just because it's recovering and second is the assumption that whenever whales invest into any crypto it would pump hard. Are we being bull trapped again ?

I think this is a whale who wants to pump SHIB into the top 10 and restore prices, remember that since the highest position the price of SHIB has dropped too far, this is the power of money, if SHIB is supported by strong money it can convince the public.
member
Activity: 790
Merit: 44
December 09, 2021, 10:57:07 AM
#37
As per the latest update an Ethereum whale has purchased SHIB worth over $2 million, is that why we have seen recovery in the price over last 24 hours? I am wondering whether this will push more users to buy SHIB as there are two reasons why users will buy SHIB, one just because it's recovering and second is the assumption that whenever whales invest into any crypto it would pump hard. Are we being bull trapped again ?
I don't believe whales nowadays, they often make up fake news, they claim to buy a certain coin worth $0000, the reality of another coin skyrocketing, what they say is deceiving the market.

Shiba actually went down, after they said something that confused the public, I often saw shiba burned $2 million, next week I saw another shiba burned $4 million, in fact nothing.
full member
Activity: 658
Merit: 103
December 09, 2021, 10:50:44 AM
#36
As per the latest update an Ethereum whale has purchased SHIB worth over $2 million, is that why we have seen recovery in the price over last 24 hours? I am wondering whether this will push more users to buy SHIB as there are two reasons why users will buy SHIB, one just because it's recovering and second is the assumption that whenever whales invest into any crypto it would pump hard. Are we being bull trapped again ?
Nope. It needs more than that to recover its previous rally. I think it needs hype and more collaborations with high personalities added by massive advertising all over the globe to recover to its ATH. It brand itself as a DeFi token yet they use another token for that dex (Bone SHIBASWAP). Its community is driving the price only and not backed by fundamentals similar with many memecoins.
full member
Activity: 1292
Merit: 101
Vave.com
December 09, 2021, 10:35:55 AM
#35
As per the latest update an Ethereum whale has purchased SHIB worth over $2 million, is that why we have seen recovery in the price over last 24 hours? I am wondering whether this will push more users to buy SHIB as there are two reasons why users will buy SHIB, one just because it's recovering and second is the assumption that whenever whales invest into any crypto it would pump hard. Are we being bull trapped again ?
Its really a complicated question that if shib can turn into the positive momentum only for buying the coin by whales ?? Is it any way or strategy to enter on the market only for entering whale to the market ,it could be a trap .I think we need to research more after having something like that it could be two reason ,first is that there is something huge coming with the project and the second one is that it could be trap for you .So before confirming everything we need to avoid to enter on the market .Hope we can find the reason behind that and become success and also safe on our trading .
jr. member
Activity: 109
Merit: 1
December 09, 2021, 10:17:18 AM
#34
Well, thats not big enough for a trillion tokens supply project, But as per the statement said from the Shina Inu team, Shiba tokens are held already by a million investors wow thats massive! I'm curious about it? because that's a pretty big number of holders it means that Shiba has already dethroned Dogecoin correct me if I'm wrong? btw, just my opinion.
full member
Activity: 1820
Merit: 107
December 09, 2021, 07:55:25 AM
#33
IMO, I think each one of us has a different opinion regarding that event, but one thing is for sure no matter how big is that buy order we cannot change the reality that Shib is just a meme coin, and I think manipulation is very rampant especially that those whales have already ridden with the Shiba Inu hype and for me, it's very risky so if anyone thinks he is a risk-taker and love to speculate on Shiba Inu then it's your call and ignore those warning.
full member
Activity: 1134
Merit: 140
December 09, 2021, 02:58:27 AM
#32
As per the latest update an Ethereum whale has purchased SHIB worth over $2 million, is that why we have seen recovery in the price over last 24 hours? I am wondering whether this will push more users to buy SHIB as there are two reasons why users will buy SHIB, one just because it's recovering and second is the assumption that whenever whales invest into any crypto it would pump hard. Are we being bull trapped again ?
That's a huge amount but I don't think that it is going to be having any effect on the market at all, and by the way how and when did you see the market being bullish? Or is it because of little market changes that you might have seen? Remember this is a $20 billion market cap coin. By the way there have been some big holders of SHIB that started selling their assets according to the news I saw on the Coinbase app.

So in a situation like this, I guess that the bull run you're talking about might not be something people are really going to be expecting right now? Or maybe if lucky, it might be happening before the current month of December is over.
full member
Activity: 546
Merit: 112
December 08, 2021, 12:46:00 PM
#31
how likely is it that the shiba inu will become a token of value and good value for the future?
Of course the answer is the same for each of us, if we believe in Shiba Inu, of course we have an answer from each of us. but I personally really like shiba inu because the community is growing very well, from that reason I assume that the future of shiba will grow well because of the community. and i think for people who buy shiba nowadays it is very good to keep their assets

The large community does impact the price, even if it's just memecoin, but what do you think about Shiba in the future? I recently saw that Shiba would make a metaverse game, but I don't know whether the game will use Shiba or another token. If using Shiba it will undoubtedly add value to Shiba, no longer memecoin, but it already has a use case
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