HomeNewsCathie Wood Promotes Shiba Inu Coin And Price will hit

Cathie Wood Promotes Shiba Inu Coin And Price will hit



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Shiba Inu has now left Dogecoin in the dust by outperforming it in volume and price movement. Shiba Inu has promised to be the “Dogecoin killer,” but many investors were not quite convinced about this vow. But now, the Shiba ecosystem is giving DOGE a run for its money. A listing on top exchanges like Binance, Coinbase, and possibly Robinhood in a few days, coupled with some new upgrade teasers is lifting the token to a level where it has dropped a zero. Now, the SHIB crypto has shown that it does stand to overtake Dogecoin as the king of meme cryptos.
October has started great for the entire crypto space. The month’s start is looking exciting since the completely bearish sentiment is now bullish by all means and it looks like the market will be repeating its trend of the great bull of 2017.
Shiba Inu Coin had been able to maintain a volume of over 600 million dollars in daily trading volume at ease for over a month. People expected Shiba’s native deck, Shiba Swap, to be far more of a contributing factor to lift the token’s price. But it seems the new updates on the Shiba ecosystem backed by the “Elon-effect” is what was needed for it to rise and show off its gains.
Shiba has thrown a smack in the face of every “naysayer” by dropping a zero in less than a day. It had been giving clear signs of a massive surge for months. All it needed was a little more push from the hype.
The Elon effect followed by large SHIB whales coming into the equation, along with a million followers on Twitter, and the new updates in its ecosystem are the main catalysts for this monstrous rise.
Speaking of updates, Shiba Inu NFTs have now landed on Opensea, and it is pleasant to watch the ShibaArmy help themselves by creating non-fungible tokens for their favorite cryptocurrency.
Along with the arrival of NFTs, an unidentified and mysterious Shiba Inu whale has been binge shopping for SHIB coins under his/her portfolio.
An unknown Shiba Inu whale stuffed huge bags of SHIB coins under its portfolio on a shopping spree. On October 1st, the whale had originally bought a mad 6 trillion SHIB coins that set the whale off $43 million. The very next day, the same anonymous whale bought 116 billion coins. But the whale didn’t stop there. The whale bought another 159 billion coins in the next hours of the original purchase and finally stopped after buying another round of 1 billion coins. These three buying orders were met all within a few hours.

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**DISCLAIMER**********************************************************
I am not a licensed financial advisor. All videos on this channel are intended for entertainment purposes only. Exercise your due diligence and scepticism before diving into all your hard-earned monies. Take experts’ opinions into account but do not invest unless you are ready. This channel is in no way liable for any losses incurred.
Contact Email: cryptoinvestingyt01@gmail.com
#shibainucoin #shibainu #shiba

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