đ From $2.50 to $1 Million: The Shiba Inu ($SHIB ) Phenomenon! đŸđ
Imagine this: Back in November 2020, if you had invested just $2.50 in Shiba Inu ($SHIB) at its all-time low, today youâd be holding a mind-blowing $1.04M portfolio! Thatâs a staggering 41,926,933.97% ROI.
But wait, it gets better! If youâd sold during $SHIBâs all-time high in October 2021, your $2.50 would have turned into an astonishing $2.91M, with a jaw-dropping 116,556,166% growth. đ€Ż
đ What Powered SHIBâs Meteoric Rise? 1ïžâŁ Vitalik Buterinâs Burn: Ethereumâs co-founder burned 90% of his SHIB holdings, creating a massive supply shock. 2ïžâŁ Community Power: The #SHIBArmy drove adoption and visibility with relentless passion. 3ïžâŁ Perfect Timing: A bullish market amplified SHIBâs explosive growth.
đ„ Can SHIB Do It Again? With 589 trillion tokens still in circulation, oversupply is SHIBâs biggest hurdle. But donât count SHIB out just yet! đš Developers are working on a new burn mechanism that could incinerate trillions of tokens annually. Combine that with market momentum, and SHIB might just surprise us again.
đĄ Key Catalysts to Watch: đž Token Burns: Every burn reduces supply and increases scarcity. đž Shibarium: The upcoming layer-2 solution is expected to expand SHIBâs use cases. đž Bullish Market Trends: Memecoins thrive when the market rallies.
đź Will You Ride the Next SHIB Wave? While the days of 100M% ROI may be behind us, SHIB still holds the potential for life-changing gains if it delivers on its promises. Are you ready to take a chance on the next chapter of $SHIB?
đŹ Drop your thoughts: Is SHIB still the king of memecoins?
Elodonald will fix everything. For bilioners. đœđ€Ą
Riyu811800
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Bearish
#BTC BIG CRASH ON THE WAY đ Analysts Predict BTC Crash By Donald Trump Inauguration.
Several crypto market analysts predict further downside for Bitcoin if it loses the crucial support of $95,000. Crypto analyst Tone Vays has expressed concern over Bitcoin ($BTC) trading below the critical $95,000 level. Vays warns that such a move is âvery, very bad,â as it significantly raises the likelihood of a correction toward $73,000.
Veteran trader Peter Brandt has cautioned that Bitcoin price may be on the verge of breaking down from a âbroadening triangleâ pattern. If this occurs, Brandt suggests the price could experience a retracement toward the $70,000 zone. On the other hand, Fundstrat remains optimistic, projecting that Bitcoin price could reach $250,000 by 2025. However, according to market expert Mark Newton, a pullback to $60,000 may occur before that surge.
Finally, Benjamin Cowen from IntoTheCryptoVerse, speculates that Bitcoin (BTC) may follow a similar price pattern to the Invesco QQQ Trust (QQQ). If this occurs, a flash crash to $60,000 could take place around the inauguration of Donald Trump.
As BTC faces chances of a crash, investors are turning bullish on altcoins. Crypto market analysts believe that the altcoin season isnât over and that altcoins could see a strong recovery from now onwards. Although, many investors might seem to have given up the hope, the recovery in altcoins could be stronger.
â Yesterday, BlackRock sold $188.7M worth of $BTC
â This leads to 2 possible scenarios:
- Fix profits - Manipulation
I did research to understand the essence of the situation fully
Here is what is going to happen:
3/â« Fixing Profits
â Letâs be honest, this scenario is quite likely, no matter how much ppl donât want it to be
â BlackRock bought with an avg buy price of ~$50kâ$60k
â This means BlackRock's profit is roughly ~2x
â However, after my research, I realized the following 4/â« This situation is very reminiscent of the $9B Mt. Gox and Germany $BTC dump
â It sent BTC from $70k down to $50k
â But anyone who understands the market realizes that $20B in daily exchange volume canât cause such a significant drop just from $9B
Let me explain moređ 5/â« The dump didnât happen because Mt. Gox and Germany were selling
â It happened cause of the reaction and panic from retails who rushed to sell along with them
â And BlackRock plans to intentionally create a similar situation
6/â« Why do I think so?
â Situation couldnât be more perfect cause retails have strongly believed in crypto, and the bull run
â Many have started investing at ATH in high-cap alts like $XRP, etc
â Thatâs why this is the perfect time to shake out paper hands 7/â« Thatâs why itâs crucial to carefully plan every move right now, as the market is highly volatile
â In such moments, you can lose a significant % of your profit/portfolio
â If youâre unaware of this, hereâs my research on the current market: 8/â« At the moment, my recommendation is to stay out of the market, especially if you already have a position
â This isnât the best time to enter the market
â The best thing you can do rn is simply hold or gradually take profits, depending on your R/R 9/â« To fully understand the seriousness of the situation, you need to realize the following:
â BlackRock has two to three times more influence than Mt. Gox and Germany combined
â This is precisely why staying on the sidelines and watching what happens is better
We put a lot of research and work into this thread before reading it.đ đš
Elon Musk's $1 Billion Wikipedia Proposal: "Still Stands"đĄ đĄ
Elon Muskâs controversial $1 billion offer to rename Wikipedia is still on the table. In a recent exchange on social media, Musk responded to a post that declared âWikipedia is not for saleâ by reaffirming that his generous proposal remains open. The billionaire entrepreneur emphasized that his offer would be valid for at least a year, sparking further curiosity about his intentions.
Musk first suggested the idea earlier this year, proposing to rename the worldâs largest online encyclopedia to something along the lines of âThe Muskipediaâ in exchange for a $1 billion donation. While some saw it as a playful gesture, others speculated about Musk's long-term plans, given his history of bold business moves.
Wikipedia, a nonprofit platform, has long relied on donations to sustain its operations, so Muskâs proposal to buy the rights to its name was met with both intrigue and skepticism. Despite the outcry, Musk remains committed to the ideaâhighlighting the sometimes unpredictable nature of his ventures.
Whether Musk is serious about acquiring Wikipedia or merely teasing the concept remains to be seen, but for now, his offer âstill stands.â
even if you have small amount of btc...NEVER sell. wait 10yr.
Abdullah- Al -Hasan
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#XmasCryptoMiracles "What happened to $BTC? Why did it crash so badly? đ $BTC dominance has dropped to 57.03%." Plz give me your opinion Hold or sold??
Im wait for 80-75 to strong re-buy (sold at 107)đ€đ€đ€
BeyOglu - The Analyst
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Bearish
$BTC Update. #Bitcoin has breakdown the support price level of 93500$, Everyone knows that the Crypto market takes correction most of the time during the Christmas or end of the year, the next suitable target for bitcoin would be 84k$ to 86k$ i.e likely to be hit till the start of new year. If it will close today below 93500$ then i don't think it will pump again to 100k$ and it will be the official indication that bears have taken control on the market and the downtrend will continue. for 2024 we are done with the ath we may might see new aths in 2025 or may be no new ath in 2025.