1.8 million people have now added SHIB to their watchlist on CoinMarketCap beating Dogecoing (DOGE) by more than 200,000.
SHIB is currently trending on Twitter as SHIB news was released that developers had launched an updated version of their ecosystem website today.
The Shiba Inu community has now grown to an astonishing 3.6 million on Twitter.
The community had achieved its first million milestone in October of 2021 when SHIB reached its second all-time high.
Some of the biggest SHIB news leading to the new year included the cryptocurrency getting listed on Kraken and eventually trading on Robinhood.
Today, the SHIB community is waiting for the next major gainer during the next bull run.
Here’s what’s happening with SHIB.
SHIB Army Expansion
The SHIB army continues to expand, sharing its uniqueness with other likeminded communities.
PlaySide Studios has partnered with Shiba Inu Games in such an early phase of the cryptocurrency and gaming development.
PlaySide said it continues to collaborate with strategic partners to develop games using the latest trends that are shaping the future of the gaming industry.
“With booming global trends such as the metaverse and the growing popularity of new technologies including cryptocurrencies, nonfungible tokens (NFTs), and blockchain gaming; new opportunities in games continue to emerge.”
Gaming seems to be a big niche where blockchain technology is headed to grow the industry.
Companies such as GameStop have now begun to dive into this process through their NFT Marketplace.
SHIB Price Changes in the Last 24hrs
SHIB price chart today.
Shiba Inu coin is currently up 3.20%.
Its market cap is up 3.25%, with trading volume at 109 million.
The ‘meme token’ currently ranks at #15 on CoinMarketCap and #12 on Coinbase.
Are you holding SHIB?
If so, how many millions?
What are you most excited for the community in 2023?
Leave a comment down below.
You can follow me on Twitter for daily market news and updates.
Shiba Inu News – SHIB coin – Shiboshi – Should you buy Shiba Inu coin?
Shiba Inu Coin is up more than 57 million percent this year.
The cryptocurrency has become one of the most popular cryptos since its rise to 9300.
It’s made the top 10 list of most popular cryptocurrencies and continues to gain mass attention from the crypto community.
However, SHIB has been falling for two months straight since its runup.
Should you buy Shiba Inu coin now or wait for more dip?
Welcome to Franknez.com – today I want to touch topic on a beloved cryptocurrency that continues to stand out and innovate.
Let’s get started!
Shiba Inu Innovation
One of the biggest reasons you’d invest in a cryptocurrency is whether the crypto is innovating or not.
While Shiba Inu Coin might have started as a meme, it has many plans for the future that make it an attractive long-term investment for current SHIB holders.
Let’s start with some of the most recent SHIBA news.
Shiba Inu Games
Shiba Inu News – Shiba Inu Games
SHIB has announced that they are finalizing paperwork with a triple A studio (AAA Studio) to create both mobile gaming and metaverse gaming, via. Shytoshi Kusama.
And although they can’t say much, they mention that this AAA Studio has worked with the likes of Disney and Warner Bros., so you know this is going to be quality work.
In fact, the studio just launched its Twitter account this month of December.
PlaySide Studios will be the AAA Studio working on this project.
Joining the Shiba Inu team is game industry veteran, William Volk.
William Volk was the former Vice President of Tech for Activision.
“I am honored to be working with an amazing team on what will become one of the most significant games of all time”, says William.
The first game the SHIB team will be developing is called Shiboshi and will be primarily for mobile.
And with Shiba Inu Coin now trading on Kraken, it’s only a matter of time before larger trading platforms such as Robinhood begin trading the cryptocurrency.
SHIB has gone mainstream and is no longer considered to be a meme token by some.
The value this crypto is providing in projects to several communities is astonishing.
Shiboshis (Shiba Inu NFTs)
Shiba Inu NFTs – Shiboshi – should you buy Shiba Inu coin?
Shiboshis are another one of Shiba Inu Coin’s innovative projects in the NFT realm.
The NFT community is changing the way we transact value, product, and services.
In order for SHIB to reach $1 per token its market cap would need to be in the trillions.
Having this come to fruition would be quite difficult.
However, because this cryptocurrency is still relatively new, investors have a chance at becoming profitable in the long-term as the market cap increases and new traders buy in.
Many of my readers were able to profit from the run back in October when I sent out a newsletter advising the token was looking very bullish.
If you’re on my Patreon, you saw I purchased the cryptocurrency a few days before it skyrocketed.
SHIB has been consolidating extremely well in the 20s which mean it’s found a new foundation.
If you missed the first and second run, this could prove to be a great entry point.
We’ve also seen that SHIB’s typical holding time has drastically increased to 112 days meaning investors are holding this cryptocurrency.
Crypto for beginners – Understanding crypto – A simple crypto guide
Published by FrankNez Team
There’s no denying that cryptocurrencies have had unmatched popularity over the past few years. As of February 2022, there are about 10,000 different cryptocurrencies in circulation, and this number is growing at an unprecedented pace.
Such pace has further fueled the growth and development of blockchain technology, with projections suggesting the international blockchain market will reach a value of $23.3 billion by the end of 2023.
Despite this growing prevalence and popularity of cryptocurrencies, widespread confusion still remains associated with them.
Are you someone with a similar confusion too? Let’s take this opportunity to better understand cryptocurrencies and what they are all about.
Understanding crypto – what are cryptocurrencies? Crypto guide
Cryptocurrencies are decentralized digital money based on blockchain technology and secured by cryptography. Three primary terminologies make cryptocurrencies what they are. These terminologies include decentralization, blockchain, and cryptography.
Decentralized money is very different from fiat currencies backed by governing authorities such as banks and governments. With cryptocurrencies, there is no authority to take responsibility for the ups and downs in the prices of cryptocurrencies. This enables people to carry out their transactions based on cryptographic evidence instead of trust.
Blockchain is a digital ledger with distributed access among authorized users. This technology is used to record transactions associated with assets, which is cryptocurrency. Blockchain offers unrivaled transparency about all the information regarding crypto transactions. This recorded information cannot be tampered with or modified even by the administrators, making it one of the most secure ledgers.
Cryptography is a process of using encryption technologies to protect data from unauthorized access. The defining characteristics of cryptocurrencies, such as immutability and privacy, are the result of cryptography.
Cryptocurrencies were initially introduced in 2009 in the form of Bitcoins. The currency was created by a group of individuals who go by the pseudonym of Satoshi Nakamoto. However, even after its successful launch, it would take years before Bitcoin gained formal recognition and the prominence it boasts today.
How Does Cryptocurrency Work?
Crypto for beginners – Understanding crypto – Crypto guide
As mentioned earlier, cryptocurrencies are not regulated or backed by any authority. Therefore, this works outside the conventional banking system. So, let’s get a better understanding of the working principles of cryptocurrencies.
Mining
Mining is a digital process where one can generate cryptocurrencies by solving complex mathematical puzzles. One will require potent and specially equipped commuting systems to solve these puzzles and get Bitcoins in exchange. This process is very complex, and it can even take thirty days for one to complete the process ideally.
Buying, Selling, And Storing Cryptocurrencies
Fortunately, one does not have to deal with the complexities of mining to get their hands on cryptocurrencies. The more straightforward way to get cryptocurrencies is to purchase them from crypto exchanges or other platforms.
Once bought, cryptocurrencies can be stored in digital wallets, which can be either hot or cold wallets. The hot ones are connected to the internet, while the cold wallets are safer as they are not connected to the internet.
Investing Or Transacting
Transferring your cryptocurrencies from one digital wallet to the other is very simple. All you will need is a smartphone and access to the internet to transfer your cryptocurrencies. There are also many platforms where you can exchange your cryptocurrencies with fiat currencies. Other than that, you can also get crypto debit cards to withdraw cash, just as you do in an ATM. Aside from that, an increasing number of businesses are accepting cryptocurrency payments.
Crypto payment getaways, such as Coingate, provide secure crypto storage and transactions, making your financial life with cryptocurrencies safe, fast, and more convenient.
How Did Cryptocurrencies Become So Popular?
Open an account with Coinbase – Crypto for beginners
Everybody is aware of the growing popularity of cryptocurrencies, and there are many factors fueling that factor. These factors include the low transaction fees, as crypto transactions are much cheaper than conventional transactions.
Other than that, the enhanced control and security offered by cryptocurrencies as a single private is the only way to access the cryptocurrencies. This is much appreciated by crypto users who have been battered by the uncontrollable ups and downs of the conventional financial market.
However, the most crucial factor behind the growing popularity of cryptocurrencies is the profit potential. Many people have made great fortunes through crypto investments making it an appealing investment.
Conclusion: Should I Invest in Cryptocurrency?
Crypto for beginners – A simple crypto guide – understanding crypto
Cryptocurrencies come with numerous advantages making them a safe investment for many. However, they also have their fair share of disadvantages. A couple of qualities shared cryptocurrencies, such as their decentralized nature, unmatched privacy, and security. In addition, the limited and regulated supply of cryptocurrencies makes them a profitable investment.
However, one must not get carried away with these qualities because investment in cryptocurrencies also comes with risks. The highly volatile nature of these currencies makes it very challenging to predict their future value accurately.
Given these factors, it is always best if investors weigh the pros and cons and take calculated risks to invest in cryptocurrencies. Calculated risks can increase the chances of making a profit on your investment.
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.
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.
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
Thank you, #ShibArmy, for helping us reach yet another milestone in our history. Today, we reached 1,000,000 Followers on Twitter.
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:
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?
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?
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 don’t forget to subscribe.
Bullish news for the Shiba crypto holder. Millions of Shiba tokens are being burned on the daily.
The process of burning Shiba Inu cryptocurrency plays an important role in the challenge to reaching $0.01 and even $1 per token.
However, as this deflationary cryptocurrency’s supply decreases, we’re going to see the value of the token massively increase.
The effects are being seen every day.
Welcome to Franknez.com – I’ve been publishing stock, crypto, and market news to millions of retail investors and I want to say thank you for being here today.
Let’s get started!
Shiba Inu has been blowing up.
The cryptocurrency is now sitting at #8 popularity on Coinbase.
Skeptics fear a massive dip in the asset but fail to zoom out for a moment.
Shiba’s market cap almost more than doubled in a matter of a few days and the crypto shows no signs of slowing down.
A once not-so-stable coin has now gained the much needed structure and backbone from an ever growing community.
Whether Robinhood is fit to meet these demands is unclear at the moment.
There’s no doubt Shiba joining Robinhood will increase the value of the crypto. The coin surged more than 40% back in 2017 when it first joined Coinbase.
With exchanges such as Kraken and Robinhood not providing this demand, it’s fair to say there is a ton of untapped buying pressure in the markets waiting for the listing.
And as more exchanges offer this crypto, you can expect the price of SHIB to further increase in value.
SHIB Trader Sentiment
Traders holding SHIB have a strong sentiment towards the cryptocurrency.
You don’t need the 78% buy, 22% sell ratio to tell you that either.
You see it both in the Twitter space and subreddit communities.
Retail investors are massively strong on community.
Communities offer friendships, connections, information, and growth opportunities.
Any dump in the cryptocurrency is usually caused by a whale or due to a sudden increase in supply.
However, the practice of buying the dips is a common strategy retail investors use to take advantage of a ‘discounted’ asset.
We’ve seen SHIB rise, fall, consolidate, and rise again.
Shiba Inu coin has been setting higher highs and higher lows.
And although it took a massive dip yesterday, Shiba Inu pushed back up.
Shiba Inu Coin Chart Patterns
I’ve been studying the chart patterns and price movements of SHIB and noticed something quite intriguing.
The current price movement is showing almost identical resemblance to the chart prior to the massive runup.
Shiba Inu Coin Chart Pattern
The peaks and dips are too similar to disregard.
If this pattern proves to be of significant value, then we could very well see another massive runup.
This is where trader sentiment will play a big role in SHIB’s continued growth.
If the community want the cryptocurrency to skyrocket, then it will skyrocket.
The buy/sell ratio is a heavy indicator of what’s to come.
During the runup on October 23/24, the buy/sell ratio was 75% buy to 25% sell.
We’ve seen an offset of 5% in the past few days favoring buying the cryptocurrency.
And although the typical hold time is around 14 days, I believe SHIB will have greater sustainability and growth should the community hold this cryptocurrency long-term.
Did Shiba Inu Gain More Supply?
SHIB Cryptocurrency
Yes, Shiba’s circulating supply rose from almost 400T to 549T.
Will it continue to gain more supply? I doubt it.
Shiba Inu supply went up due to the market cap almost doubling in a matter of a few days.
This sudden increase in supply could explain why SHIBA had a dip since the trader sentiment didn’t change.
It’s important to look at more than just the crypto price before calling this growing cryptocurrency ‘dead‘.
To gain a better understanding of your investment, you must look at:
Trading activity ratio
Community sentiment
Chart patterns
Crypto news by the community (not msm)
When holding a stock or crypto, momentum will occur and there will be period of consolidation before further price movements.
A pause in momentum does not signify a dead play.
It’s important to understand that growth isn’t linear but rather fully dependent on patience and community sentiment.
Millions of SHIB Are Being Burned Daily
That’s right. In fact, millions of SHIBA are being burned by the minute and hour.
The list below shows how many SHIB coins have been burned today.
As you refresh, you’ll find that millions upon millions of SHIB are being eliminated from the market.
So although the circulating supply increased due to a drastic change in market cap, the SHIB supply continues to get burned by the millions daily.
As this process compounds over time, we’re going to see this cryptocurrency gain value even when the momentum isn’t necessarily as heavy as certain episodes.
SHIB’s long-term success will be determined by the community’s long-term decision to hold the cryptocurrency.
Are you willing to hold the cryptocurrency a few years? Leave a comment below.
Subscribe To The Blog
Subscribe to the blog for more crypto, stock, and market news – straight to your email.
I’ll be leaving my social media links below so we can connect.
Join our Patreon group to gain insight on my stock and crypto purchases every month!
SHIB continues to be in the top 10 most popular cryptocurrencies on Coinbase. People are holding SHIB longer than ever before.
Shiba Inu coin has been on a slow and steady decline this past week.
Despite the slowing momentum, the SHIB community continues to grow; reaching close to 2 million on Twitter.
The community reached 1 million just last month in October.
Will Shiba Inu coin keep going up? Or is Shiba dead?
Welcome to Franknez.com – the #1 blog for retail investors. Today we’re discussing Shiba Inu coin, one of the most popular cryptos in the market right now.
Let’s get started!
SHIB is currently trading in the 5000-5100s.
The climb up to 8900 had investors excited for another zero to be eaten.
So what happened?
Why Is Shiba Inu Going Down?
Shiba Inu coin has been experiencing a selloff since its climb up to 8900.
Aside from your average swing trader, investors who made massive profits cashed out too.
$SHIB has taken over Twitter, Reddit, and mainstream media. Shiba Inu coin continues to break all time high records.
The crypto soared as high as $0.00007488. SHIB was just below $0.00003600 this past weekend.
SHIB shows no signs of wanting to slow down.
The market cap is currently sitting at an astounding $27.5 billion dollars with more than 85% of retail investors buying the cryptocurrency versus 15% selling it.
Is it too late to get in on it? Let’s find out.
Welcome to Franknez.com – the blog where you can find the latest on crypto, stocks, and market news. Today I’m discussing Shiba Inu coin breaking all time high records and where this crypto investment could go.
Let’s get started!
Shiba Inu Coin Gains Traction
After reaching more than 1 million followers on Twitter, the SHIB Army celebrates this amazing runup.
But is it done?
I personally don’t think so.
SHIB has gained massive attention from retail investors holding both ‘meme stocks’ and ‘meme tokens’.
The cryptocurrency is trending on social media and continues to attract new money to its community.
The momentum we’re currently experiencing is due to an influx of retail investors looking to multiply their investments early while the crypto is still below a cent.
With Shiba Inu coin trading only fractions of a penny, a small investment can earn you several million Shiba Inu coins.
Any upward price movement is multiplying SHIBA holders relatively quickly, and largely.
How High Will Shiba Inu Coin Go?
Shiba Inu coin has been breaking all time high records every day since it began running up last weekend.
Early adopters of the cryptocurrency are up significant amount of gains.
However, quick sellers might regret getting off this train a little too early.
See, retail investors are looking at SHIB long-term.
How long? Enough to see millions in profits.
SHIB army is looking to take profits around $0.01-$0.05 with many even looking at $1.
Skeptics are thinking too short-term.
Not to mention, SHIBA could see burning of the circulating supply again which would increase the value of SHIB almost instantaneously.
Shiba Inu coin has enough traction at the moment to eat a zero by the start of the new month, November.
And when it does, this news catalyst is going to draw in a massive wave of retail that will play a major role in eliminating a second zero.
At this stage, getting to $0.01 will be easy.
Momentum Crashes Coinbase
With masses of people viewing the rise of Shiba Inu on Coinbase, the platform experienced momentary technical difficulties.
Shiba Inu coin is going to continue to set new all time highs beating record after record.
Every day we’re seeing massive runups and I think we’re going to see this momentum continue until certain price goals are being met.
Is It Too Late To Buy Shiba Inu Coin?
This depends on your price target. If your conviction is pointing towards a $0.01 price target or higher, now is the perfect time to buy.
There is so much upside to a cryptocurrency such as SHIB. Especially when you look at the incredible possibilities that both Bitcoin and Ethereum have shown us.
When BTC and ETH were worth only cents, most people underestimated their massive potential.
To underestimate Shiba’s potential is a mistake in my personal opinion.
Early shareholders have made stock investors millionaires, early crypto adopters will share a similar fate.
Here’s Why Shiba Inu Will Keep Going Up
Shiba Inu coin is going to keep reaching all time highs because it’s a very strong project.
SHIB is a strong supporter in the NFT and blockchain realm.
Not to mention, blockchain technology is the future of safe record storing and cryptocurrency technological advances.
Here are a few of the projects SHIB is taking on as an innovator:
ShibaSwap: ShibaSwap is a decentralized exchange (DEX) currently in development by Shiba Inu, and the project represents the clearest indication that Shiba Inu has loftier ambitions than developing memecoins, via. Gemini.
This decentralized exchange is meant to provide users with a safe platform to trade cryptocurrencies.
Sponsorship on Rover To Mars: SHIB just announced their ‘sponsorshib’ with Nexus Aurora who are taking on a project developing a rover to explore mars.
#SHIB has reached new heights, not only in price. We are excited to announce a new #sponsorshib with @NexusAurora. This amazing team is developing a rover to explore Mars! Human colonization of the red planet is on their sights, and we just love that. #ShibToMars ! pic.twitter.com/DaotwshugQ
SHIB is getting extremely close to eating another zero.
With continuous momentum, this cryptocurrency is going to keep setting new all time highs.
SHIB’s market cap is growing incredibly fast.
How soon it reaches 100 billion, 500 billion, then 1 trillion like Bitcoin will depend on how big the community grows.
Shiba Inu has an incredibly bright future and I believe that it’s sustainability will highly depend on the community and innovations behind the project.
Are You Holding Shiba Inu Coin?
Let me know in the comment section below. Did you just get in or have you been holding the cryptocurrency for quite some time?
What are your thoughts on the future of SHIBA? Will you be holding long-term?
Also, don’t forget to subscribe to the YouTube channel for more content outside the blog and follow me on social media.
Leave your thoughts below!