Shiba Inu ($SHIB ) is a meme coin that has seen a growth of 11430362.4% since its inception on Nov. 28, 2020, and continues to be a hope for thousands of holders. Also known as the $DOGE coin killer, Shiba Inu was developed by a person who goes by the name of ‘Ryoshi’.
While the #SHIB token has decreased in price, its popularity has only increased overtime. With countless groups on Facebook, millions of followers and tweets, and headlines in mainstream media every week, it can be said that Shiba Inu is still the crown prince of the #memecoin world.
### THE REASON BEHIND ITS POPULARITY There can be multiple reasons, however, the biggest one is the number of supportive tweets from the owner of Tesla and SpaceX, Elon Musk, followed by the founder of $ETH Ethereum, Vitalik Buterin, as Shiba Inu gained massive popularity in the social media world and still creates headlines with even a small price change.
Another more simple reason behind the coin’s popularity may just be a superficial and aesthetic one. Aside from the humorous aspect of buying a meme coin, it’s possible that many people are just really into cute dogs. The Shiba Inu dog, and Shiba Inu meme, which borrows its likeness, is undoubtedly adorable, and conceivably one of the main reasons behind the push for buying Shiba Coin — maybe the popular dog breed is just so cute that it’s convinced millions of people around the world to look into how to buy #shib
#SHIB : The digital currency that could turn you into a millionaire overnight💰🤑
$SHIB started out with a massive supply of 1 quadrillion tokens. But things took a dramatic turn in 2021 when the coin’s anonymous creator, Ryoshi, made a surprising move by sending half of the supply to Ethereum co-founder Vitalik Buterin. Unexpectedly, Buterin burned 90% of those tokens, removing them from circulation, and donated the remaining 10% to charity. Currently, there is no mechanism to further reduce the supply of SHIB, meaning the available amount will remain constant unless something fundamental changes.
Big Rises: Can You Catch the Next Wave? 2021 saw huge volatility in the price of SHIB. On May 11 of that year, the coin surged by a staggering 1,953%, rising from $0.00000172 to $0.00003532 in just a few days. But as is often the case with volatile cryptocurrencies, SHIB’s value quickly dropped to $0.00000793 just three weeks later. Those who were able to capitalize on this surge made huge gains, while those who timed their investments well could have made significant profits.
October Peak: Will History Repeat Itself? After a period of stability, SHIB started to rise again in October 2021. Starting at $0.00000766 on October 2, the value rose to $0.00002913 by October 13. It didn’t stop there, as the coin reached an all-time high of $0.000089 on October 28. Despite the correction that followed, the potential for new highs is always there – and if you time it right, you might find yourself in a golden opportunity.
Are you ready to take the next step with $SHIB ? SHIB’s volatile history shows that there are always opportunities available for investors willing to take risks. Whether you’re ready to ride the next surge or ride out the corrections, this coin offers great rewards alongside the risks. Keep an eye on the charts – if $SHIB bounces back, you could be in for a big profit!
#shiba Inu: Here’s How To Be a Millionaire When #SHIB Hits $0.007
Shiba Inu ($SHIB ) has turned numerous early investors into multi-millionaires. The popular dogcoin’s performance in 2021 solidified its name as a millionaire-maker. $SHIB ’s stellar returns made it a popular asset among new investors who wanted to make it big in crypto in a short time.
To have a million dollars worth of $SHIB at $0.007 per coin, you will need about 142,857,143 coins (142 million). The price of 142 million #SHIB، right now is around $2425.71. In this scenario, your portfolio’s value will have grown by 41,125%.
90% of the square posts comes from people who strives to promote the coin in his/her wallet.
Those who promote and share fake information about $PEPE are the guys who have bunch of #pepe stock whereas people who have $BTTC will always try to convince others to buy #BTTC.
Similarly, be careful and don’t fall into these tricks. Instead, find out why a particular coin was launched? What is behind a specific coin? Technology, Future, Role in the globalization…..etc.
In my view: if you are new to the crypto world, try to invest below $10 in newly launched worthy coins and keep your holdings for until you are convinced to sell and change your financial status. YOU SHOULD NEVER GET CRAZY, HOLD YOUR NERVES WHEN A MARKET IS GOING DOWN.
As you all knew that the demand for#BTTC coin has reduced in the market thus highly impacting #BitTorrent price. At the other hand a total of 21.75 Trillion BTTC still available for sale. As soon as the remaining coins (21.7 Trillion) are sold, $BTTC price will go bullish until you all become millionaire.
The current lowest price is a green signal for buyers. It means #BitTorrent wants to kick all the coins out to the market on a lower price in order to achieve its dream heights.
Be patient and try to purchase additional $BTTC at the lower price to cover your losses as soon as the total supply limit of the coin is reached. As per the predictions from experts, if the remaining 21.75 trillion #BTTC coins enter into supply market by the end of June 2024, #BTTC: will go Bullish in July to achieve its heights.
The Shiba Inu team's social media expert who is known within the community simply as Lucie has issued a major statement to warn the #SHIB army. While making this warning, Lucie cited the "world's greatest mind" in science - Albert Einstein.
Lucie's tweet recommends SHIB fans and #Shibarium developers to "stay away from negative people. They have a problem to every solution."
Recently, the SHIB's marketing lead Lucie and other team members have been frequently publishing various important warnings to the Shiba Inu global community. Those statements mainly chased one goal - to warn the SHIB army about the danger of crypto scams, including those which have emerged recently and are now targeting the community full of nascent and inexperienced investors.
SHIB burn rate's sharp drop. According to the data shared by the #Shibburn analytics platform, over the last 24 hours, the SHIB community's efforts on decreasing the circulating Shiba Inu supply have seen a sharp drop.
The data revealed by the platform shows that since last morning the SHIB burn rate has seen a decline of 18.78%. Still, despite this negative reading, a total of 8,748,598 $SHIB meme coins has been burned, i.e. transferred to unspendable blockchain wallets and locked there for good.
#SHIB، price negative performance. On Friday, June 8, the second largest meme cryptocurrency by market capitalization size, SHIB, faced a sharp price decline of close to 8.4% printed by three consecutive red candles on an hourly chart.
This price drop followed a similar negative price action of the world's largest cryptocurrency Bitcoin as it plummeted by 3.7%, dropping from above the $71,650 level to the $69,030 zone. This $BTC plunge was likely provoked by the poor GameStop earnings in the first quarter and the 39% GME price drop that followed. Besides, #BTC was pushed down by the disappointing US government's employment report.
Pepe was hugely disturbed by three big whales. One whale withdrew 13711179 million pepe coin while the second whale withdrew 23,728, ,900 million pepe coins while the small withdraw was 9,115, 565 million.
Pepe went down -12 percent and market cap collapse to 5.31 bullion dollars. It's been third day the pepe graph moving down which can create new oppurnity to new investors.
What is the $FLOKI Inu price prediction for this week and can it reach $0.1?
🔸Based on our Floki Inu price prediction model, we anticipate #FLOKI to trade between $0.000309 and $0.000373 this week, with a potential increase of 20.86% to reach $0.000373 by June 9, 2024, if it trends towards the higher target.
🔸However, reaching $0.1 would necessitate a substantial increase of 31,657.90%, which our algorithm does not foresee. The highest projected price according to our analysis is $0.013663 by January 1, 2049.
🔸The current Floki Inu sentiment is bullish according to our technical analysis. The majority of technical indicators are showing buy.
Who are you in memecoin trading? A lucky duck or a paper hand?
🤠 Cryptocurrencies are a wild ride, and #Memecoins 🤑🤑 are like surfing a tsunami 🌊. If you’re brave enough to ride the wave, you might find yourself in a golden paradise or become fish food 🐡.
📝 Check out these fresh tales from the crypto seas 🏝:
▪️ On January 31, 2021, a user bought 48 billion $SHIB for $2700, This hodler held tight for over 3 years and cashed out yesterday, scoring a cool $1.2 million. 🙀
▪️ Meanwhile, another trader splurged $1.14 million on $TURBO on May 7, 2023, only to sell it five days later at a painful loss of $658k (-58%). If he’d just held on, he could’ve made over $4 million by today!
😎 Looks like the winning move is to buy a #shitcoin and forget about it for three years. But always remember to #DYOR , and you might just find your pot of gold! 🌈
My two coins which i am holding for ,long run are $SHIB and $PEPE . Shib is quite a stable coin but you have to think for it's gains after 2 to 3 years at least for big profits.
In 2012 per #BTC was 12$ now see what it's price is, so if you want good rewards think to invest in a coin which is stable and less than a half a cent it's value is ,and invest 200 USD and then forget it for 10 years at least.
Market will do it's thing by going up and down but at the end patience will give you it's fruits .
NOTE: NOT a financial advice my personal views and experience which share. Market is always unpredictable we can only predict which can go either way.
Disclaimer: Includes thrid-party opinions. No financial advice. May include sponsored content.
By comprehensively understanding these technological aspects, long-term investors can better evaluate BitTorrent's potential, make informed decisions, and anticipate future developments and challenges in the ecosystem. #BitTorrent #BTTC
🚀 Top Tokens to Watch in 2024: My Favorites Revealed! 🚀
Hey Binance Community! Ready to make 2024 the year you strike it rich? Let me share my top picks that I believe will skyrocket in the coming months. These are the tokens you don't want to miss:
1. LUNC: continues to show strong growth and utility. With new projects and innovations on the horizon, LUNC is set to break new records.
2. PEPE: This memecoin is not just a joke—it's a serious contender. With whales accumulating and the community growing, PEPE is poised for another major pump.
3. FLOKI: Inspired by the beloved Shiba Inu from Norse mythology, FLOKI has captured the hearts of many in the crypto space. Its unique marketing and strong community support make it a token to watch.
What Are Yours? Now, I want to hear from you! What are your top token picks for 2024? Share your thoughts in the comments below and let's get this discussion going.
Support @india_crypto : Please support me with tips to my Binance ID: 737709310 to help me provide even more awesome content!
Disclaimer: Remember, any news or information issued by me is not financial advice. Always do your own research!
🚀 $PEPE 's Meteoric Rise: A New Crypto Star Shines Bright
Pepe, the meme coin sensation, is making headlines again with a remarkable surge in value. According to the latest market data, $PEPE has shattered previous price barriers, now trading at 0.00001645 USDT. This impressive rise marks a 4.9% increase over the past 24 hours, signaling strong bullish momentum for the cryptocurrency.
📈 Why PEPE is Surging? Several factors contribute to this significant uptick:
1. Growing Market Interest: The cryptocurrency market is buzzing with activity, and PEPE is riding the wave. As more investors seek new opportunities, PEPE’s unique appeal as a meme coin is drawing considerable attention.
2. Positive Market Sentiment: The overall positive sentiment in the crypto market is fueling PEPE's rise. With Bitcoin and other major cryptocurrencies experiencing gains, PEPE is benefitting from the broader bullish environment.
3. Community Support: PEPE's dedicated community is a driving force behind its growth. Active engagement and promotion on social media platforms are helping to boost its visibility and attract new investors.
The current trading price of 0.00001645 USDT represents a strong upward trend. This surge suggests that PEPE is not just a fleeting meme but a potential long-term player in the crypto space. However, as with any investment, it’s crucial to remain cautious and conduct thorough research. The crypto market is notoriously volatile, and price fluctuations are a common occurrence. Given its recent performance, $PEPE is poised for further growth. Investors are keeping a close watch on this meme coin, anticipating continued upward movement. The increasing interest in cryptocurrencies, coupled with PEPE’s strong community support, bodes well for its future prospects.
Are you bullish on PEPE? Share your thoughts and join the discussion!
Remember, this is not financial advice. Always do your own research before making any investment!
Terra LUNC & $LUNC : Binance Burns Over $59B Terra Luna Classic (LUNC) Tokens
The largest cryptocurrency exchange globally, confirmed an extra burn of Terra Luna Classic (LUNC) tokens, surpassing 59 billion tokens, as reported by LUNC Burn Tracker on May 23.
Binance regularly burns LUNC tokens, separate from its monthly mechanism. In early May, they burned 1.4 billion tokens, now totaling 59.07 billion, which is 51.9% of the community’s total burned tokens at 113.71 billion.
The broader crypto market saw a selloff, affecting LUNC and $USTC prices. $LUNC dropped 2.45% in 24 hours to $0.0001134, while USTC fell 3.66% to $0.02274. Trading volumes also fluctuated, notably increasing by 231% recently.
Investors responded to market shifts, mirroring past selloffs after SEC approvals, highlighting Binance’s continuous backing of Terra Luna Classic since 2022 as a sign of its commitment to community resurgence.
🚀📈 URGENT NEWS IF YOU OWN SHIBA YOU MUST SEE THIS $SHIB
Following recent market fluctuations, the Shiba Inu token ($SHIB ) is showing strong signs of gearing up for a mega rally driven by bullish indicators and significant foundational developments.
Despite its origins as a meme token, $SHIB has established itself within a vibrant community and now remains resilient in the face of market volatility.
Despite low trading activity and no whale transactions exceeding $1 million, #SHIB has made a strong recovery from a robust annual support level last month.
This resilience has buoyed the community, with analysts predicting potential upside for the cryptocurrency to reach the highly coveted price level of $0.001.
#PEPE you can seen Crypto whales trapped for pepecoin fake crash so don't cheat anyone PEPE coin price always ATH. prepare to next huge pump with pepecoin.