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In the last 24 hours, shiba has increased by 15%, in the last seven days shiba has increased by 159℅ thereabout, many doubted elon words was vain but turns out it wasn't.
It will definitely get to it someday and people who are patient with it will definitely be the ones to make the perfect because I'm very sure that every significant rise people will continue to dump their Shiba Inu..In fact if Shiba Inu will get to dogecoin now, thousands of people who have benefited from it because they bought when it has like 4 zeros. It Is the best investment for me currently and I wish to invest in it soon.
Investing on meme coin is just like investing in something that doesn't have value, based on the fact that it has the highest circulating supply indicate that it may not be able to attend a reasonable price in the future, I can't consider investing in the project for now.Shiba Inu is the coin that was promoted by Elon musk four months ago. He tweeted so many positive things about SHIB inu coin. Saying, the coin is the next BTC, because it has every possibility of becoming fan favourite amongst all crypto enthusiasts in the market. During that time the coin recorded +10,000 increase in price within 168 hours.
At this time, SHIB inu is drifted down the pecking order when it comes to having real market value. The price is no where near up to $0.01. It is peaked at $0.00000805 at the moment. It recorded + 5.31% increase in the last 24 hours, and 27.70% in the last seven (7) days.
In the last 10 days have seen some improvement around the coin, but its still very far from its best base on its early potential, when it recorded that +10,000% increase in its price within one week four months ago.
Do you see Shiba Inu living up to its billing?
That may be true but the high circulating supply of the coin does not mean that it wouldn't reach a reasonable price. I believe it can still attained it requires high provided they have enough people to back it up. That's what matter.Investing on meme coin is just like investing in something that doesn't have value, based on the fact that it has the highest circulating supply indicate that it may not be able to attend a reasonable price in the future, I can't consider investing in the project for now.
Well , I don't really know but what I have been able to understand about cryptocurrency with a high circulating supply is just a simple calculation. If they have five trillion circulating supply then for it to reach $1 the market cap of the cryptocurrency must be 5 trillion which is almost impossible.That may be true but the high circulating supply of the coin does not mean that it wouldn't reach a reasonable price. I believe it can still attained it requires high provided they have enough people to back it up. That's what matter.
That is exactly how it should be. In this case it will be impossible for it to reach $1 , even bitcoins with the highest market cap is not even up to 5 trillion US dollar. This calculation should help us understand about so many things concerning cryptocurrency.Well , I don't really know but what I have been able to understand about cryptocurrency with a high circulating supply is just a simple calculation. If they have five trillion circulating supply then for it to reach $1 the market cap of the cryptocurrency must be 5 trillion which is almost impossible.
Yes this is very important and I put it as a very important factor when choosing cryptocurrency to invest for long-term purposes . In any cryptocurrency I am investing it must definitely be the type that will be profitable and valuable in the future not really the one with higher circulating supplyThat is exactly how it should be. In this case it will be impossible for it to reach $1 , even bitcoins with the highest market cap is not even up to 5 trillion US dollar. This calculation should help us understand about so many things concerning cryptocurrency.
Cryptocurrency with a high circulating supply will never attend a reasonable price. That is why I am so sceptical about investing in new upcoming project because most of them are cryptocurrency with a very high circulating supply.Yes this is very important and I put it as a very important factor when choosing cryptocurrency to invest for long-term purposes . In any cryptocurrency I am investing it must definitely be the type that will be profitable and valuable in the future not really the one with higher circulating supply
It's true but not all upcoming project has billions and trillions of circulating supply. I believe those that are coming with genuine project will always have a certain supply that will make it available in the future.Cryptocurrency with a high circulating supply will never attend a reasonable price. That is why I am so sceptical about investing in new upcoming project because most of them are cryptocurrency with a very high circulating supply.
Well, maybe. Because there are some cryptocurrency that comes out and has millions of circulating supply . But does not mean that cryptocurrency with smaller circulating supply means that they are likely to last long ? For me I don't think so.It's true but not all upcoming project has billions and trillions of circulating supply. I believe those that are coming with genuine project will always have a certain supply that will make it available in the future.
No, it is never an assurance that a particular cryptocurrency will last long.. I was aware of a particular cryptocurrency that scam so many people and the total supply of that cryptocurrency was about 100,000.Well, maybe. Because there are some cryptocurrency that comes out and has millions of circulating supply . But does not mean that cryptocurrency with smaller circulating supply means that they are likely to last long ? For me I don't think so.
Yea . There is a lot of unpredictability and some sort of scepticism in the crypto space , that is why it is not nice for someone to commit all his life savings or money into one particular cryptocurrency or project.No, it is never an assurance that a particular cryptocurrency will last long.. I was aware of a particular cryptocurrency that scam so many people and the total supply of that cryptocurrency was about 100,000.
Shiba Inu is one coin that I believe can really boom but holders need to exercise patience because this is a long-term project. I myself have bought $50 worth of SHIB so I have confidence in itShiba Inu is the coin that was promoted by Elon musk four months ago. He tweeted so many positive things about SHIB inu coin. Saying, the coin is the next BTC, because it has every possibility of becoming fan favourite amongst all crypto enthusiasts in the market. During that time the coin recorded +10,000 increase in price within 168 hours.
At this time, SHIB inu is drifted down the pecking order when it comes to having real market value. The price is no where near up to $0.01. It is peaked at $0.00000805 at the moment. It recorded + 5.31% increase in the last 24 hours, and 27.70% in the last seven (7) days.
In the last 10 days have seen some improvement around the coin, but its still very far from its best base on its early potential, when it recorded that +10,000% increase in its price within one week four months ago.
Do you see Shiba Inu living up to its billing?
There is nothing wrong with having the coin in your wallet. Your confident in the Shiba Inu project could depend on the research you have carried about the cryptocurrency. What are you saying about it huge circulating supply ?Shiba
Shiba Inu is one coin that I believe can really boom but holders need to exercise patience because this is a long-term project. I myself have bought $50 worth of SHIB so I have confidence in it