The TRUTH About SHIBA INU COIN (Should You Buy SHIB Coin Now?)

Shiba Inu Coin (SHIB) is on an incredible run in 2021 and new millionaires are being created left and right. In this video, I’m going over the price history, what Shiba Inu actually is in case you want to invest in it, and things you should know before investing in this cryptocurrency. I’ll also talk about my take on whether or not it’s a good investment (my predictions).

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There are hundreds of bad coins out there in the market, but there are a few coins out there are worth taking the risk and holding on to them for the long run, such as Ethereum, Cardano or Polygon Matic and Bitcoin. So in this video, we are taking a look at Shina Inu Coin as it was highly requested by you guys! We will take a look at what it is, use cases, and whether or not we should be investing in this coin!

Intro 0:00
Shiba Inu Coin 1:00

The Shiba Inu Token was launched in August 2021, but it has lately soared to new heights as a result of Dogecoin’s popularity. With Elon Musk leading the way for Dogecoin, a lot of people have been looking for the next big coin, the one that’s going to make them the next Dogecoin Millionaire…. and with a lot of altcoins or memecoins riding on the rocketship of the major cryptos, such as Bitcoin or Ethereum, a lot of copycat style coins have recently come out, some of which have great technology. Now, Shiba Inu has a Reddit community of roughly 157 thousand members and its growing everyday, and it doesnt seem to be stopping any time soon…

Shiba inu is described by its creators as « an attempt in decentralized spontaneous community development. » According to the them, SHIB has a total quantity of one quadrillion tokens, allowing users to retain billions or even trillions of tokens. Because of the quantity, the value of a shiba inu may remain much below a cent while bringing even higher profits for everyone holding the coin. Not only that, but Shiba inu also runs on the Ethereum Network, which makes it more trustworthy.

However, Shiba Inu’s objective is to be the dogecoin killer, and with a growth rate of over 2 million percent this year, who knows, it might end up rising rather significantly. It already has an 3 billion market valuation, which is more than Dogecoin had for a long time until its current jump to about 60 billion, so it’s not far behind. Dogecoin’s value has risen from $8 billion to $60 billion in only a few days, which gives you an idea of where SHIB could go.

Now, According to their whitepaper, because the coin is a deflationary coin, just like Bitcoin and the up and coming Ethereum 2.0, they started with a maximum circulation of 1 quadrillion tokens (1000 trillions) and burned it down, giving half to Ethereum founder Vitalik Buterin in a ‘burn’ and the other half to uniswap with the keys thrown away, implying that no developers hold any tokens and that all of them are held by uniswap. But then on May 13th Vitalik ended up donating more than 50 trillion Shiba Inu coins, which were valued at roughly 931 million dollars at the time.

One of the ways we could be seeing a price surge from, will be the direction that Shiba inu is deciding to go. Shiba Inu is focusing on NFT’s or non tangible tokens..which is going to help creators create NFT’s that will be tradable on Shibswap, once thats out… Another thing that I feel its going to be more impactful, is that that Shiba Inu is working towards the rescue of Shibas all around the world.. Shiba Inu uses Amazon’s Built in smile feature to donate to that cause of rescuing shibas!.

So be sure to watch the video « The TRUTH About SHIBA INU COIN (Should You Buy SHIB Now?)? » To find out more catalysts and if we should be buying this new coin right now!

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DISCLAIMER: You should not take any of this information as guidance for buying or selling any type of investment or security. I am not a financial advisor and anything that I say on this YouTube channel should not be seen as financial advice. I am only sharing my biased opinion based on personal experience. It is important to keep in mind that there are risks associated with investing in the stock market and that one can lose all of their investment.

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The TRUTH About SHIBA INU COIN (Should You Buy SHIB Coin Now?)

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Comment (20)

  1. ⚠️GET FREE CRYPTO AND STOCKS 👇
    💰 WeBull – Get 4 Free Stocks: https://act.webull.com/iv/dRCHtFl2aLHT/17m/inviteUs/main
    💰 Robinhood -Get 3 Free Stocks: https://join.robinhood.com/wagners-63a04b

    🚀 BECOME A CHANNEL MEMBER👇
    https://www.youtube.com/channel/UCHWpAWVefq8pFqTuJu9nl8A/join

    ⚠️GET FREE CRYPTO:👇
    💰 BlockFi (up to $250): ​ https://blockfi.com/WagnerSaucedo
    💰 Coinbase ($10): https://www.coinbase.com/join/sauced_5q

  2. SHIB wont hit $0.1… that is impossible. Even a penny is impossible. Do you understand what the market cap would be compared to the rest of crypto. IT would have the market cap multiple times that of Bitcoin and Ethereum (of which it is a token of) added togther. And it has no use. It has vaporware. And even if Shibswap ever did come out, all it is is another swap in a sea of swaps. Best case for SHIB is maybe MAYBE 2x or 3x from here MAYBE. And that is if we are still in a bull market. If we are in a bear market and we decrease over the next year. Expect SHIB to lose a lot of its gains

  3. <When looking at previous reoccuring history of bitcoin, all conditions for the bulls to take full charge has been met but for the lowest band of the bollinger band which is yet to constrict the entire band to signal a sharp upward swing. Indications also show that this is about to happen so, bit will definitely keep rising so its right time to get all in but smartly of course. Its either you are great at it and if not, there are quite a lot of services offering signals, the best to my knowledge being that of Isaac Steward's, a well seasoned trader who has proved his worth, at least to me as i made over 7 btc is a few weeks starting trading his signals with just 2. Isaac (Telegram (Isaacsteward) he is very adept in TA and FA as well as analysing the markets in such a manner that other top traders should emulate

  4. With Some Countries partnering with Crypto Hash Company in promoting Bitcoin by giving new investor a bonus Bitcoin worth $1000 when they invest starting from $100 with their company, I think it has really increased the rate of investors and it's really profitable.

  5. Personally, I think people should venture into trading since the economic meltdown, having one stream of income is not really a good idea cause your job doesn't secure your financial needs. Especially with this pandemic.
    I met sochinatyler and everything has been good since I started investing in crypto

  6. The crypto is become appealing to investors seeking assets that diversify portfolios. Btc could be in the process of seeing "a volatile reset". By the moves between dips and rises. It's a typical neutral outlook which makes it a tough decision for investors to decide how best to utilize the current market: I'd say it's outright wrong to just sit back hodl and wait, maybe get some losses along the way. Finding ways to stack and increase your coins, thereby making profits should be a way of life. I didn't think it possible making constant wins till I came across Alison Perry whos giving a step by step guide on understanding on how trading works to help maximize profits since last year till date. I have made up to a whooping 0.5 BtC with Alison Perry. I have got full confidence in her trading abilities. You can easily get to her on Telegrm ( @tradewithalison )

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