Topic: Shiba Inu, the DOGE Killer: a Decentralized Deflationary Store of Value (Read 2335 times)

no way shib can get to $1


maybe 10 cents max

A single whale investor in Shiba Inu coin might have spooked plenty of people from keeping their investments in the meme cryptocurrency.
Did a Shiba Inu coin whale move crypto coins?

Per Forbes, a single Shiba Inu whale investor — someone who purchases a lot of a single item, increasing the rarity and driving up the price — moved about $3 billion worth of Shiba Inu tokens from its original wallet, which sparked concern that some larger Shiba Inu holders would cash out.

    “It looks like there were four transactions out of that account yesterday, each sending $695 million of shib to a different account — so a total of $2.78 billion,” Tom Robinson, co-founder of blockchain forensics company Elliptic, told Bloomberg about the whale investor. “Whoever it is purchased the shib on Uniswap about a year ago, for not very much.”

Related
Shiba Inu coin crashed again. Here’s why
Shiba Inu coin won’t make it to Kraken just yet. Here’s why that matters for Shib coin fans

So what does this mean? According to Forbes, the move might spook some Shiba Inu coin holders.

    “If large cryptocurrency holders — be it bitcoin, shiba inu or dogecoin — begin moving coins, traders can be spooked into thinking the market could be about to be flooded, potentially driving down the price,” per Forbes.

Why did Shiba Inu coin crash?

This fits with what I wrote about Shiba Inu coin earlier this week. Per Benzinga, Shib coin saw a massive crash “as investors anticipated moves by whales to liquidate their holdings by sending coins to exchanges.”

The Shiba Inu community was slightly upset by the news from Kraken, a cryptocurrency example platform that said it would not add Shiba Inu coin to its platform yet because it’s still going through a review process, as I wrote for the Deseret News.

   “Many users questioned why the exchange would make a pledge it did not intend to honor, while others threatened to delete their Kraken accounts,” according to Business Insider, “Yet others called on fans to have patience.”

no way shib can get to $1


maybe 10 cents max

how many blockchain is shibua launched on?

how many blockchain is shibua launched on?

Maybe yes, maybe no. Shiba was able to break the new record but it doesn't mean if this pump will be last long. I have seen so many shib holders are crazy predicting about shiba will worth $1 as fast as possible. It seems like doge was trying to do the flipping to the shiba inu again as doge was getting a big pump after the whales were pumping shiba inu. The real competition between shiba inu and doge coin has already started. I'm feeling curious to see which from both will become the real meme token but as per the announcement that was already created if shiba was not a meme token again but that's a defi coin due to the launch of shiba swap. I kinda feel doubt if shiba will be reached $1.
That must be a non sense marketcap for shiba inu even if so many tokens already burned but it will be worth multi trillion of marketcap. 

Shiba to $1, it means that coin will be the giant in crypto.

Maybe yes, maybe no. Shiba was able to break the new record but it doesn't mean if this pump will be last long. I have seen so many shib holders are crazy predicting about shiba will worth $1 as fast as possible. It seems like doge was trying to do the flipping to the shiba inu again as doge was getting a big pump after the whales were pumping shiba inu. The real competition between shiba inu and doge coin has already started. I'm feeling curious to see which from both will become the real meme token but as per the announcement that was already created if shiba was not a meme token again but that's a defi coin due to the launch of shiba swap. I kinda feel doubt if shiba will be reached $1.
That must be a non sense marketcap for shiba inu even if so many tokens already burned but it will be worth multi trillion of marketcap. 

Shib to 1$ or 1 sat soon?

Yes, indeed, the domain is not the original site of Shiba Inu, I also stopped writing in this thread, after I noticed that although the links to the contract are correct, but I could not see what was on the fake site, now it is not available.

Yes, indeed, the domain is not the original site of Shiba Inu, I also stopped writing in this thread, after I noticed that although the links to the contract are correct, but I could not see what was on the fake site, now it is not available.