Tag: Shiba Inu Coin

Here’s Why You Shouldn’t Sleep on Shiba Inu Coin

July 16, 2022 /
Here's why you shouldn't sleep on Shiba Inu Coin
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?

franknez.com

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 Games Playside Studios
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.

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The Launch of SHI Stablecoin

The next launch for Shiba Inu is SHI, a stablecoin expected to launch after the Shibarium project has gone live.

Shibarium is a layer 2 solution that essentially speeds up transaction processing and reduces gas fees, making it a better more updated platform.

According to Ryoshi, SHI is meant to be a global stable currency that is used both as a store of value and method of payment.

There is currently no set date for the release of this project, however, we know that the stablecoin will start at $0.01.

Shiba Inu Coin Now Accepted as Payment

shiba inu coin payment
Shiboshi – Shiba Inu Coin Payments – Shib Coin – Should you buy Shiba Inu coin?

Shiba Inu Coin is now being accepted in more places than ever before.

SHIB has now been accepted as a form of payment via BitPay which is going to allow a ton of merchants to accept the crypto.

This type of attention draws more investors towards buying the cryptocurrency.

We’ve also seen AMC Entertainment recently announce their acceptance of Shiba Inu Coin too.

Read: The most innovating things happening with AMC today

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)

Shiboshis 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.

If you don’t know how massive NFTs are becoming or how they’re changing today’s world, you have to bookmark this article here.

While NFTs may be highly profitable investments, they’re more about community.

And it’s this community that exposes the world to SHIB and will continue to increase its value as a cryptocurrency.

Should You Buy Shiba Inu Coin?

should you buy shiba inu coin
Shiba Inu News – Should you buy it? – Shiboshi – Shib Coin

SHIB is too affordable for anyone to not put something into it.

You don’t have to make an incredibly large contribution.

But if you’re betting on innovation and a growing community like I am, then it is certainly a buy.

Some of my readers got in on SHIB before the runup when I sent out the email via my newsletter and made a lot of money trading it.

Many continue to hold it for its long-term potential.

This cryptocurrency doesn’t have to move up very much to make investors a lot of money.

Look at it this way – many people will become millionaires when SHIB hits one penny.

Yeah, it’s that affordable right now.

Regardless of investor opinion, you cannot deny SHIB knows how to provide value to a number of growing and innovating communities.

Are You Invested in Shiba Inu Coin?

franknez.com

If you’re holding Shiba Inu Coin in your portfolio, leave a comment below.

I’m curious, how many of you are holding more than 1 million SHIB?

And if you’re not invested in SHIBA yet, read my guide on how to invest in cryptocurrency for beginners, or simply open your account with Coinbase  to begin today.

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October 24, 2021 Topic Discussion with FrankNez – Shiboshi – Shib Coin

Official: You Can Now Trade Shiba Inu Coin on Robinhood

April 14, 2022 /
Robinhood Lists Shiba Inu Coin
Shiba Inu Coin is now on Robinhood

Robinhood has officially listed Shiba Inu Coin on its crypto trading platform.

The SHIB army has been waiting for Robinhood to list Shiba Inu Coin for months now.

Shiba Inu Coin was one of four new cryptocurrencies Robinhood listed on its platform Tuesday.

SHIB, Solana, Polygon, and COMP joined the meme stock halter’s platform on Tuesday.

What does this mean for Shiba Inu Coin moving forward?

Let’s break it down together.

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SHIB rises on Robinhood listing

Robinhood Shiba Inu Coin
Shiba Inu Coin News Today Robinhood

SHIB rose nearly 7% when it became available on Robinhood’s crypto trading platform.

Shiba Inu Coin is the second ‘meme’ coin to be listed on Robinhood, Dogecoin being the first.

COMP jumped 6.6%, MATIC 3.5%, and SOL 2%.

SHIB became popular when the cryptocurrency skyrocketed back in late October of 2021.

The cryptocurrency is up more than +20,000% for those who bought SHIB exactly one year from today.

Shiba Inu Coin ate a zero on its second biggest climb last year and never looked back.

The SHIB army anticipates Shiba Inu Coin will eat another zero or two this year.

Now that you can trade Shiba Inu Coin on Robinhood, cryptocurrency investors speculate more traders will buy SHIB on the platform.

What caused SHIB to run last year and will it run again?

Big buying pressure and a lot of momentum.

Unlike the stock market, the crypto market runs actually caters more to a supply and demand market.

Now that SHIB has become mainstream in a sense, more traders are going to begin to discover it.

While SHIB doesn’t have any real-world value, the developers are working on multiple projects for the community.

One being Shiba Inu Games and several NFT projects.

Will SHIB run again this year?

There’s no doubt Shiba Inu Coin will continue to eat zeros as retail piles in before the ‘meme’ token reaches $0.01.

SHIB is currently trading at $0.000027 and is up 9.98% on the weekly chart.

Can SHIB reach $1 per token?

Shiba Inu Coin News Today Robinhood – Can SHIB reach $1?

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.

And it’s not difficult to see why.

The room for growth is massive.

Are you holding more than 1 million SHIB?

Robinhood Shiba Inu Coin - Shiba inu coin robinhood
Shiba Inu Coin Robinhood – Robinhood Lists Shiba Inu Coin – Shiba Inu Coin News Today Robinhood

If you’re holding more than 1 million SHIB leave a comment below.

What is your personal Shiba Inu Coin price target and where would $0.01 put you at?

If you’re not a fan of Robinhood but would like to purchase SHIB, I recommend buying the token on Coinbase.

How long have you been holding SHIB?

Let’s start a discussion below.

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More Market News

Understanding Crypto: A Simple Guide

March 25, 2022 /
Understanding crypto
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.

You can check out the article about best cryptocurrency exchanges.

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.

Read: List of 4 Best Crypto Exchanges for Beginners

What Are Cryptocurrencies?

what are cryptocurrencies?
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.

Coinbase
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. 

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Read: How to invest in cryptocurrency step-by-step for beginners

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

December 7, 2021 /
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 🎉
  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?

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

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Read: How To Invest In Crypto For Beginners

BREAKING: Shiba Inu Coin Is Getting Listed On Kraken

November 29, 2021 /
Kraken is listing SHIB
Kraken cryptocurrency exchange to list SHIB

The cryptocurrency exchange Kraken teased about listing Shiba Inu coin (SHIB) on Tuesday, November 2nd.

The exchange said on Twitter that if they got 2,000 likes on the post they would list it.

It comes at no surprise the post surpassed that goal amounting to more than 34,500 likes and counting!

Well, Kraken just confirmed today the cryptocurrency will be listed on Tuesday, November 30th.

The news itself has a lot of SHIB holders excited, myself included.

franknez.com shiba inu

Welcome to Franknez.com – It brings me great pleasure to discuss with you news regarding Shiba Inu coin and Kraken.

Let’s get started!

Here’s What Kraken Had To Say About SHIB

I’ve been using Kraken for my cryptocurrency purchases, and even used the exchange on my article, how to invest in crypto for beginners.

However, at the time I made my SHIB purchases, I made them on Coinbase since Kraken did not offer Shiba.

I reached out to the Kraken team inquiring when they planned to list SHIB on their exchange.

Here was there response:

Kraken Lists SHIB

Kraken’s support team reached out to me saying they are always open to adding new digital assets like SHIB to their exchange.

“The best way to stay up-to-date about new listings is to read our email announcements and follow our blog and Twitter feed.”

Well Kraken’s new twitter announcement has me and the SHIB army extremely excited.

This listing is going to draw many more people to buy the cryptocurrency, and hopefully drive the cryptocurrencies price up.

SHIB rose to new all-time highs late October and has now fund a very strong level of support around 7000.

The cryptocurrency went as high as 8900.

SHIB has become somewhat of the ‘AMC’ to crypto investors in the way that the community has a very strong sentiment towards the asset.

There’s a lot of bullish sentiment here, especially with recent news that AMC Entertainment will also be accepting SHIB as an online form of payment.

Will it continue to reach ATHs in the near future?

I certainly think so.

Kraken To List Shiba Inu Coin on November 30th

Kraken to list Shiba Inu Coin on November 30th
Kraken to list Shiba Inu Coin on November 30th

The Kraken team just sent out an email confirming the listing of Shiba Inu Coin on Tuesday, November 30th.

It took a month after their announcement on Twitter.

Well, it’s finally come to fruition.

If you’re exclusively on Kraken you will now be able to purchase SHIB.

When Will Robinhood List SHIB?

For now, SHIB has yet to be listed on Robinhood.

I anticipate the cryptocurrency will be listed at some point.

For more crypto and stock related news, subscribe to the blog for email notifications and follow me on social media to stay updated.

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Read: Why is Shiba Inu rising? Can it reach $0.01?

Millions of Shiba Tokens Are Being Burned Every Day

November 14, 2021 /
how much shiba is being burned
Shiba Inu Coin News | SHIB Burn

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.

franknez.com

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.

Volatility has been managed.

Recent Shiba Inu Coin News

Shiba inu coin news

SHIB has been breaking all time high records over and over again.

Shiba Inu flipped Dogecoin meaning it outranked it in popularity.

This is massive news for the SHIB Army because it essentially puts Shiba out in the mainstream media.

This recognition will only further drive momentum to the cryptocurrency.

More than 300,000 petitioners have urged Robinhood to list Shiba Inu coin on the platform.

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
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?

did shiba inu increase 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

Shiba Burn

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.

How many shib are being burned
Source: SHIBBURN – SHIBA Burn

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.

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Read: Why is Shiba Inu rising? Can it reach $0.01?

More People Are Holding SHIB Longer Than Ever Before

November 10, 2021 /
Hold SHIB Long Term

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?

franknez.com

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?

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.

shiba inu coin trading activity coinbase

One particular investor holding SHIB moved $2.76 billion worth of Shiba Inu coin, originally an $8,000 investment from 2020.

Is that what happens when you hold longer than just cashing out during a runup?

Yup.

What most new retail investors don’t understand is the concept of long-term investing, meaning 1+ year.

This is why only few people make the big bucks during massive runups.

And it’s because they were holding way before you got in.

However, we’ve seen Shiba’s hold time double from earlier this year where the average time investors holding SHIB was only 7 days.

The typical hold time is now 14 days.

Quite an improvement as a whole, but most people will only make chump change holding short-term.

Will SHIB Go Back Up?

will shiba inu go back up

Shiba Inu will eventually go back up.

If you planted your seeds just recently, you’ll have to give them time to grow.

We live in a society where everything is instantaneous; we want things now.

But ultimately it’s the the investors holding SHIB long-term that will become rich.

It’s the only way.

When you plant a seed to grow a tree, it doesn’t grow immediately; it takes time.

And with the SHIB army growing on Twitter and on Reddit, more and more investors are planting their seeds right now.

Shiba Inu coin has only one mission and that is to grow.

Whatever you invested into this cryptocurrency, let it do it’s thing.

Check it’s progress and growth every other month.

The important thing is you took action to invest in your future to create wealth.

My suggestion for retail investors holding SHIB is don’t un-plant your seed as soon as it’s begun to grow it’s first roots.

Anything can happen a year from now.

Read: Millions of Shiba tokens are being burned every day

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Shiba Inu Coin Continues To Break All Time High Records

October 27, 2021 /
Shiba Inu Coin All Time High Records
Shiba Inu coin

$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.

franknez.com

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

shiba inu coin all time high

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?

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.

Coinbase crashes

Coinbase is one of the few crypto exchanges where you can currently purchase Shiba Inu coin.

coinmarketcap down
Coinmarketcap down

Coinbase isn’t the only one that was down today, coinmarketcap has also been facing technical difficulties from the traffic.

A petition on Change.org is calling for Robinhood to list the cryptocurrency on its platform.

Something to keep in mind is that SHIB is making these tremendous moves without Robinhood.

When Robinhood does list this cryptocurrency on its platform, I think it’s safe to say the exposure will result in continuous massive runups.

Shiba Inu coin increased 40% when Coinbase listed it to the platform back in 2017.

Is SHIB done reaching all time high records?

Absolutely not.

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.

NFTs are changing the world with how we transfer exclusive information, mainly via art.

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.

Shiba Artist Incubator: Shiba Inu is launching an NFT marketplace for NFT artists to sell their work.

If you aren’t too familiar with these digital artworks, they get bought and sold from anywhere between tens of thousands of dollars to even millions.

Gary Vaynerchuck from VeeFriends has sold his art for well over $70k.

Here’s a top 10 list of the most expensive NFT’s ever sold!

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.

What Is SHIB’s Next Price Target?

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.

Why Is Shiba Inu Going Up?

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