Tag: Doge (Page 2 of 2)

Why Is Shiba Inu Rising? Can It Reach $0.01?

Shiba Inu
Will Shiba Inu coin keep going up?

Shiba Inu crypto is rising and the Shiba army just reached 1 million on Twitter.

We’re starting to see SHIB cool down now which is quite normal after a significant runup.

Let’s dive into Shiba Inu news, community, and SHIB price predictions.

franknez.com

Welcome to Franknez.com – the blog that keeps you informed on rising stocks and rising crypto. Today we’re diving straight into Shiba Inu. (Video bonus at end of article)

Let’s get started!

Looking at Shiba Inu’s one year chart and you’ll find that the cryptocurrency is up more than 37,000,000%.

How in the world did anyone sleep on this?

But don’t beat yourself up because SHIB has an active and growing community both on Twitter and Reddit, and they’re going long on this crypto.

Shiba Inu Price Chart
Shiba Inu Coinbase

SHIB is becoming more popular, being deemed the ‘DOGE killer’.

DOGE has quite a massive community too. Is SHIB the DOGE killer? I like to see them as two very separate entities and wouldn’t necessarily pin them against each other.

SHIB’s price is still less than a penny.

Now let me ask you, if you could go back in time and buy Bitcoin or Ethereum when it was less than a penny, would you?

The trading activity in SHIBA has also upgraded from 75% buy and 25% sell to 84% buy and 16% sell.

Long term buying and holding with a combination of burning could move this crypto beyond precedented means.

Is Shiba Inu Deflationary?

Shiba Inu coin is deflationary. There are currently 394.8T SHIB circulating the market.

As more SHIB are ‘burned’, or eliminated from the market, we can expect the price of SHIB to rise.

Another cryptocurrency that is deflationary is Bitcoin.

Unlike inflationary coins, deflationary coins will tend to hold their value significantly longer.

Dogecoin is an inflationary cryptocurrency, where several coins are being made per minute!

SHIB on the other hand is limited, like Bitcoin.

Supply and demand has a massive effect on deflationary cryptocurrencies like Bitcoin and SHIB.

Another coin that’s deflationary is Ethereum, ETH.

SHIB’s All-Time High Is Making A Statement

In the last 24 hours, the Shiba Inu price has rallied 43% to 0.00004127 while trading volume has soared more than 950% to $12 billion, via FX Empire.

Crypto communities are growing and they’re here to stay.

Not being involved in one could cost you massive opportunities.

Both the Twitter and Reddit communities are filled with positive long-term holders cheering on their favorite crypto.

These communities are the strength of this cryptocurrency and future of its growth.

The SHIB Community Hits 1 Million Followers on Twitter

The SHIB army also 10X’d their member count on reddit’s r/SHIBArmy to 307k members as of the time of this publication.

The subreddit had about 30k members earlier this summer.

r/SHIBArmy
Reddit SHIB Army – r/SHIBArmy

These massive and growing communities are what are going to continue to drive SHIB’s price.

Not only are they growing exponentially every day, but to think of it’s long-term future is definitely exciting.

When you look at a deflationary cryptocurrency such as Bitcoin or Ethereum, you can’t help but to wish you had gotten in sooner.

Is Shiba Inu coin this opportunity?

I certainly think so.

Shiba Inu Price Predictions

There are a ton of price predictions from financial platforms giving SHIB numbers below it’s current price.

I don’t think they have spent enough time getting involved in these crypto communities.

Most are bears themselves and don’t support the innovation behind cryptocurrencies to begin with.

Based on what I’ve seen from the community sentiment, I’m giving SHIB a $0.00010000 by the end of the year from it’s current $0.00003827.

In other words, it eats another zero by the end of the year.

Can Shiba Inu reach $0.01?

Over time, absolutely.

If the community continues to grow at this incredible rate, we could see SHIB hit $0.01 by early next year.

why is Shiba Inu going up? SHIBA prediction – SHIB $SHIB

We can see from its price history that it has been setting both higher highs and higher lows.

SHIB has already been eating zeros and I believe it will continue to do so until it reaches $0.01, $0.05, $0.10, until eventually reaching it’s way up to a dollar.

How soon? I believe we will see SHIB hit $1 this decade as the community continues to grow.

The Demand For Shiba Inu Is Increasing Rapidly

Platforms such as Robinhood don’t trade SHIB yet.

There’s been talks about SHIB joining Robinhood but as of right now it doesn’t seem like CEO Vlad Tenev has any plans to include this crypto.

Retail investors have even taken it to create a petition on change.org for Robinhood to include SHIB.

People are rushing to buy this cryptocurrency by opening accounts with other firms.

Where Can I Buy SHIB?

These are the platforms where you can buy Shiba Inu coin:

  1. Coinbase ๐ŸŽ‰
  2. Binance
  3. eToro
  4. Webull
  5. Kraken

I expect that as more retail investors demand it from their exchanges and brokers, SHIB will be offered by more platforms.

This demand will cause the cryptocurrency to skyrocket again in the short term.

However, SHIB should not be traded for short term gains. The possibilities are too high to make a quick buck from this crypto.

Delayed gratification is what has made early Bitcoin and Ethereum holders extremely successful and profitable.

The best way to invest in this cryptocurrency is by setting a budge aside every month for it.

In a world where inflation continues to go up and banks don’t pay interest, vehicles such stocks and crypto are becoming more popular than ever before.

Is Shiba Inu Coin A Buy?

Is Shiba inu a buy

I’m giving Shiba Inu coin a strong buy.

The community has a strong conviction and is very united. The crypto is so affordable that $100 will earn you more than 2 million SHIB.

When this cryptocurrency reaches $0.01 those $100 will be worth about $26.6k.

Investing $1,000 today will earn you approximately $266.3k when it reaches $0.01.

I look at what deflationary coins such as Bitcoin and Ethereum have managed to accomplish and I don’t see why SHIB doesn’t have those same possibilities.

Granted, massive runups took time. Lots of it.

Delayed gratification has made successful investors multi-millionaires.

Go back in time today, and secure your future.

Are You Holding SHIB?

franknez.com

Leave a comment below. Are you holding SHIB? What are you price predictions? At what price will you be a SHIB millionaire?

Subscribe to the newsletter for more articles on crypto, stocks, and other market news. Join the Patreon for an exclusive peak at my stock and crypto purchases.

Also, be sure to check out the YouTube video of me briefly discussing this topic and donโ€™t forget to subscribe.

FrankNez is now on YouTube – Subscribe!

Twitter | Facebook | Instagram | Discord access + exclusive content!

Read: How To Invest In Crypto For Beginners


You Can Now Buy AMC Gift Cards With Dogecoin

You can now buy amc gift cards with dogecoin
#DogecoinToTheMoon #AMC AMC Dogecoin

In today’s crypto news, Adam Aron just announced you will have the ability to purchase gift cards online or at an AMC movie theater with Dogecoin cryptocurrency using a BitPay wallet.

Adam Aron announced sometime in September AMC Entertainment would be looking into accepting the purchase of movie tickets online with Bitcoin by the end of the year.

After a few polls on Twitter, the CEO has agreed to implement Dogecoin and other cryptocurrencies as well.

franknez.com dogecoin amc

Welcome to Franknez.com – great news today from the CEO and President of AMC Entertainment. Adam Aron continues to surprise the world yet again.

Let’s get started!

AMC Entertainment Is Now Accepting Cryptocurrency

Adam Aron first announced the idea of accepting Bitcoin and other cryptocurrencies as form of online payment during the quarter 2 earnings conference call this year.

The conference call surprised the world and made several headlines. Well now this vision has come to fruition and retail investors can now purchase gift cards without the USD.

This shift is going to create a domino effect where more companies will begin to soon follow.

If you’ve been able to multiply your USD through cryptocurrency, then your purchases can essentially be free to some extent.

Leveraging your gains from cryptocurrency could be a bargain to getting deals from your favorite brands. I’m personally sticking to building wealth though.

No matter, this news is extremely bullish and shows the strong innovation behind this century old movie theater chain.

I wouldn’t be surprised if we begin to see Dogecoin rise again. I’m extremely bullish on AMC stock too and look forward to seeing both these assets reach the moon.

What Other Companies Are Accepting Dogecoin?

Here’s a list of companies accepting the purchase of credit cards with BitPay Wallet right now:

  1. Adidas
  2. Amazon
  3. AMC Entertainment
  4. American Eagle
  5. AutoZone
  6. Barnes & Nobles
  7. Bass Pro Shops
  8. Bath & Body Works
  9. Bed Bath & Beyond
  10. Burger King
  11. Burlington
  12. Dominos
  13. DoorDash
  14. GameStop
  15. Guitar Center
  16. H&M
  17. The Home Depot
  18. Nintendo
  19. Playstation
  20. Spotify

The list goes on and on. The acceptance of cryptocurrency goes to show just how valuable companies now think digital currency is.

They understand that over a period of time, that crypto can be worth a significant amount of money more since the date of its very first transaction.

So, should you spend crypto on retail stores and companies? I personally rather invest in them long term.

Bitcoin is up almost 400% this year, Dogecoin is up more than 9000% compared to 1 year ago.

The best way you can leverage your crypto to experience your favorite brands would be to use a percentage of your gains. This way you don’t touch the principle on your investment nor the full amount on your gains.

By using this leverage as a lifehack, you’ll be able to not only multiply your hard earned money, but also take advantage of bargains and deals.

Will You Be Using Crypto To Buy AMC Tickets Or Gift Cards?

Leave me a comment below. I would love to know your take on this. Do you see yourself using crypto to buy AMC tickets? Do you see yourself using cryptocurrency to buy anything from your favorite brands at all?

Since these assets are going up in value over a period of time, I think the best way you can leverage your crypto is once you’ve made quite some significant gains!

I certainly see myself leveraging my gains if it means only a very small percentage of my gains will be used for entertainment or recreational purposes.

I mean, you certainly don’t want to give up your entire earnings right!? Otherwise it would defeat the purpose of using crypto to multiply your earnings in the first place.

Cryptocurrency Lifehack Will Be Good

I think that if managed properly, cryptocurrency could be a great lifehack as I’ve explained above. Financial literacy is already difficult for most to get a grasp on.

But I think that most people who are already investing in cryptocurrency are financially literate to the point where they understand they need to move their money to make more money.

By leveraging our gains properly, I think we might just have the opportunity to add a ton of value to our lives as both consumers and investors.

And if you haven’t diversified enough to have crypto in your portfolio, I suggest using the exchange Kraken to buy your cryptocurrencies.

I walk you step by step on how to open your account here. If you’re on my Patreon, you get updates when I purchase stocks and crypto in case you’re curious.

FrankNez AMC Dogecoin

And lastly, if you enjoyed this post please be sure to share it. I’d appreciate it very much. Thank you for being here, hope to hear from you below.

Twitter | Instagram | FacebookJoin more than 100 apes on Patreon ๐ŸŽ‰


Newer posts »

© 2024 Franknez.com

Theme by Anders NorenUp ↑