
Cathie Wood Announced Shiba Inu Coin will hit $0.1soon!!
Published at : October 20, 2021
Cathie Wood Announced Shiba Inu Coin will hit $0.1soon!!
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🔴Youtube Recommended Videos================================
1. Amazon To Accept Shiba Inu: https://youtu.be/uzYmM5DgZ30
2. Shiba Inu Burn Plan: https://youtu.be/A69jGmOgr1Y
3. Robert Kiyosaki on Shiba Inu: https://youtu.be/cAWjiJxaP9o
BitCoinIst reported that Even before the pet Shiba Inu was adopted, the CEO of Tesla and SpaceX had posted of his intention to adopt the dog, which had caused the dog-themed coins to go up. True to form, a recent posting of Musk’s pet has once again sent the meme coin community into a frenzy. The majority of the hype focused on Dogecoin’s rival Shiba Inu, which caused the value of the token to soar in a matter of hours.
As per BitCoinIst, a tremendous bull run followed the posting of the billionaire's dog. Shiba Inu Coin rallied 30% after the tweet of the picture went live. This continued for the following day, pushing the altcoin up an enormous 400%. With a circulating volume of 394 trillion coins, SHIB's new price point put its market cap at $15 billion. Making it the 12th largest cryptocurrency by market cap.
Yahoo News reported that Shiba Inu is on a tear, having gained about 350% in a month, roughly what bitcoin has gained in a year. It's done this in the 14 months since its inception, in August 2020. It took Dogecoin six times as long, 88 months from its launch, to reach that size.
The most recent catalyst for Shiba Inu fever appeared to be the Tesla CEO and crypto enthusiast Elon Musk's tweet on Monday with a photo of his real-life Shiba Inu puppy and the caption "Floki Frunkpuppy," yahoo news reported. Since then, the coin, created by someone with the pseudonym Ryoshi, soared from $0.00001348 to about $0.00003550. The price of the dogecoin-inspired cryptocurrency has risen by over 300% in a week, pushing it into the top 20 coins by market capitalization, with a value of $15 billion, according to Yahoo News.
But Yahoo News claimed that not all market watchers believe the surge in Shiba Inu was solely because of Musk's tweet. Cathy Wood also played a part in Shiba Inu Coin promotions, and that is why its price is skyrocketing and will hit $0.1 very soon.
A research lead at 21Shares said that there's no evidence that the tweet explicitly showed support of the SHIB token the same way he did in the past by posting memes for Dogecoin," instead there are many other factors such as Binance and Coinbase listing, Cathy Wood promotion, and bulk buying by anonymous wales that made Shiba Inu Coin hit its target $0.1 very soon.
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**DISCLAIMER**********************************************************
I am not a licensed financial advisor. All videos on this channel are intended for entertainment purposes only. Exercise your due diligence and scepticism before diving into all your hard-earned monies. Take experts' opinions into account but do not invest unless you are ready. This channel is in no way liable for any losses incurred.
💬Contact Email: cryptoinvestingyt01@gmail.com
#shibainucoin #shibainu #shiba
Sign up on Binance: ✅https://accounts.binance.com/en/register?ref=MSKWIITG
🔴Youtube Recommended Videos================================
1. Amazon To Accept Shiba Inu: https://youtu.be/uzYmM5DgZ30
2. Shiba Inu Burn Plan: https://youtu.be/A69jGmOgr1Y
3. Robert Kiyosaki on Shiba Inu: https://youtu.be/cAWjiJxaP9o
BitCoinIst reported that Even before the pet Shiba Inu was adopted, the CEO of Tesla and SpaceX had posted of his intention to adopt the dog, which had caused the dog-themed coins to go up. True to form, a recent posting of Musk’s pet has once again sent the meme coin community into a frenzy. The majority of the hype focused on Dogecoin’s rival Shiba Inu, which caused the value of the token to soar in a matter of hours.
As per BitCoinIst, a tremendous bull run followed the posting of the billionaire's dog. Shiba Inu Coin rallied 30% after the tweet of the picture went live. This continued for the following day, pushing the altcoin up an enormous 400%. With a circulating volume of 394 trillion coins, SHIB's new price point put its market cap at $15 billion. Making it the 12th largest cryptocurrency by market cap.
Yahoo News reported that Shiba Inu is on a tear, having gained about 350% in a month, roughly what bitcoin has gained in a year. It's done this in the 14 months since its inception, in August 2020. It took Dogecoin six times as long, 88 months from its launch, to reach that size.
The most recent catalyst for Shiba Inu fever appeared to be the Tesla CEO and crypto enthusiast Elon Musk's tweet on Monday with a photo of his real-life Shiba Inu puppy and the caption "Floki Frunkpuppy," yahoo news reported. Since then, the coin, created by someone with the pseudonym Ryoshi, soared from $0.00001348 to about $0.00003550. The price of the dogecoin-inspired cryptocurrency has risen by over 300% in a week, pushing it into the top 20 coins by market capitalization, with a value of $15 billion, according to Yahoo News.
But Yahoo News claimed that not all market watchers believe the surge in Shiba Inu was solely because of Musk's tweet. Cathy Wood also played a part in Shiba Inu Coin promotions, and that is why its price is skyrocketing and will hit $0.1 very soon.
A research lead at 21Shares said that there's no evidence that the tweet explicitly showed support of the SHIB token the same way he did in the past by posting memes for Dogecoin," instead there are many other factors such as Binance and Coinbase listing, Cathy Wood promotion, and bulk buying by anonymous wales that made Shiba Inu Coin hit its target $0.1 very soon.
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**DISCLAIMER**********************************************************
I am not a licensed financial advisor. All videos on this channel are intended for entertainment purposes only. Exercise your due diligence and scepticism before diving into all your hard-earned monies. Take experts' opinions into account but do not invest unless you are ready. This channel is in no way liable for any losses incurred.
💬Contact Email: cryptoinvestingyt01@gmail.com
#shibainucoin #shibainu #shiba

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