Analysts think shib

1. Which of shib and fil has potential

Talk about the trend analysis of various currencies such as FIL, SHIB, DOGE, PIG, etc.

FIL: Faith Broken? The current low is suitable for bottoming positions. The time is indeed longer, but it also means that the risk is relatively stable.

SHIB: Is the current price high? For those who have not yet entered the market, it is recommended to wait and see first. This type of currency is an opportunity only when it fluctuates. Still have to congratulate some of the people who have eaten a few waves of profits. Appropriate aggressiveness can also bring unexpected surprises.

DOGE : Although Grayscale is called shorting altcoins, but after all, it has the title of the father of Dogecoin. Since some people regard it as a belief, the currency friends who are in the quilt should stick to it. After the shock pullback is over, 1$ is only a matter of time.

PIG: Matcha is only on the market now. Now it really is the world of the “animal kingdom”. Both popularity and funds are on the other end of the scale. You can wait for the opportunity, continue the way of SHIB, and seize a wave of profits.

2. shib position address

You can check on the shib official website.
1. Shib’s full name is Shiba Inu, which means Shiba Inu. Chinese is extensive and profound. Now many netizens directly call it “dog shit coins”.
2. Shib started in August 2020 and is a virtual cryptocurrency that allows users to hold billions or even trillions of dollars. Shib is listed on its own exchange, shibaswap. This is an experimental project of decentralized spontaneous community building, and Shib is the first token of the community.
Extension information:
1. Virtual currency can be divided into three types:
1) What we usually call “points” and “gold coins” are generated by completing system tasks in various network communities Yes, items can be redeemed on the official website of their issuer.
2) Virtual currencies such as Q coins are provided by network operators and can be exchanged for legal currency, but only virtual or physical goods and services within a specific range can be purchased.
3) Virtual currency is a cryptocurrency, which can also be taken out as a category. Cryptocurrencies will hide the information of buyers and sellers during the transaction process, so that the public can only see the payment and receipt addresses, but cannot know who is behind the addresses. Also, cryptocurrencies have no physical presence, so you don’t go to a store to buy something and then take out cryptocurrency to pay.
2. Digital currency is different from virtual currency in the virtual world, because it can be used for real goods and service transactions, not limited to online games. The early digital currency (digital gold currency) was an electronic currency named after the weight of gold. Today’s digital currencies, such as bitcoin, litecoin, and ppcoin, are electronic currencies that rely on verification and cryptography to create, issue, and circulate. It is characterized by the use of P2P peer-to-peer network technology to issue, manage and circulate currency, theoretically avoiding bureaucratic approval and giving everyone the right to issue currency.
3. Compared with paper money, digital currency has obvious advantages. It can not only save the cost of issuance and circulation, but also improve the efficiency of transaction or investment, and improve the convenience and transparency of economic transaction activities. The issuance of digital currency by the central bank also ensures the continuity of financial policy and the integrity of monetary policy, as well as the security of currency transactions.
4. Although the issuance method of digital currency is still under study, paper currency has been regarded by some professionals as “the previous generation of currency”, and it is the general trend that it will be replaced by new technologies and new products. Due to the large population and size of China, the timetable for the issuance of the digital currency remains uncertain. It is expected that for a long time, digital currency and cash will be parallel and gradually replaced. When the digital currency era really arrives, people will carry less and less cash, travel more and more safely, poverty alleviation more and more accurate, corruption more and more difficult to hide, more and more difficult to be a thief.
5. Cryptocurrency is an anonymous virtual currency. Cryptocurrencies are not issued by fiat money institutions and are not controlled by central banks. It is based on the open source code of a set of equations calculated by the global computer, generated by a large number of computing processing of computer graphics card and CPU, and adopts the design of cryptography to ensure the security of all links. currency circulation. Cryptography-based designs can allow cryptocurrency to be transferred or paid for only by the true owner.
6. The biggest difference between cryptocurrency and other non-cryptocurrency is that its total amount is limited and the quantity is scarce. Because the total amount of open source code for this set of equations is limited, if you want to obtain it, you must obtain it through the operation of the CPU of the computer graphics card. Since the total amount of cryptocurrency is limited and scarce, the more it is mined, the higher the cryptocurrency will appreciate in value.

3. What is SHIB

The full English name of SHIB coin is SHIBA INU. There is no inflation and deflation plan yet, log in to Huobi Trading. Shib is goingAn experiment in spontaneous community building. After its initial inception, a leadership group was formed by prominent figures in the telegraph world. The purpose of this group is to assign skills within the community to appropriate roles in Shibs development and to agree on Shibs future decisions. Anyone who has the skills or time they can contribute to Shib will be invited to help develop and advance Shib. This group has so far been responsible for logo creation, social media presence, marketing and website development. The Shib community is at the heart of this project and will continue to grow and expand.

4. The price of SHIB Shiba Inu coin has risen to a new high. What do you think of the follow-up market of SHIB?

Dogecoin is also a virtual currency, which is similar to Bitcoin It is the same, these currencies can exist only by mining, but the birth of Dogecoin is so coincidental, it can be said that it is no coincidence.

The Birth of Dogecoin:

Why? Because Dogecoin was born to satirize Bitcoin, because the creators saw that Bitcoin is very popular as such a virtual currency, so they created such a virtual currency Dogecoin to satirize Bitcoin .

Of course this is for comedic presentation or what?

The follow-up of Dogecoin:

In short, Dogecoin fell sharply after that, and virtual currency fell sharply, and it can be said that the rise is normal.

It is very possible that the value will rise hundreds of times overnight and the value will drop hundreds of times overnight.

It is also a taboo that ordinary people cannot touch such a Dogecoin.

Then the follow-up market of Dogecoin will of course still have a certain value, but it is impossible to have such a high appreciation.

5. How to buy shibking

First of all, you need to enter the official website of shibking, and then click to buy on the page
But you need scientific Internet tools to buy successfully
Shibking is a token project that rewards Shib. Shib is an experiment in decentralized spontaneous community building. After our initial founding, a leadership group was formed by prominent figures in the telegraph world. The purpose of this group is to assign skills within the community to appropriate roles in Shibs development and to agree on Shibs future decisions. Anyone who has the skills or time they can contribute to Shib will be invited to help develop and advance Shib.
The Shib community is formed by a group of token holders and loyal fans who love Dogecoin, including various groups in the industry: exchanges, project parties, token holders, communities, media, wallets, technology developers Waiting for a group of outstanding talents, it is a fully open, vital and expanding community

6. Binance temporarily stopped all withdrawals, why did Binance suddenly do this

According to foreign media sources, some Binance insiders revealed that the withdrawal stop on May 10 was mainly due to the platform downtime caused by traffic overload.

Due to the hot development of virtual currency, it has attracted many investors to enter the virtual currency market. Binance previously announced that it will list SHIBA INU (SHIB) at 19:00 on May 10, 2021 (Hong Kong time), and open SHIB/BUSD, SHIB/USDT trading pairs, and the SHIB deposit channel has been opened. This operation of Binance caused a huge amount of traffic to flood into the platform, causing the system to be overwhelmed and collapsed. The platform’s withdrawal function had to be stopped for maintenance.

In short, as a platform like Binance, it must have a complete plan to deal with such emergencies, and it is best to have effective supervision by the regulatory authorities to ensure investment. Otherwise, the platform has too much autonomy, and the sudden stop of the fund withdrawal operation can easily cause panic.

7. Can the shib coin rise after the latest news plummets?

There is no investment value, but it will rise.
Two reasons
1. Because the SHIB project party entrusted the Shiba Inu coin to Buterin for operation, and discarded half of the SHIB’s private key.
2. The psychology of retail investors, because of the myth of Bitcoin and Musk’s hype of Dogecoin, many retail investors will think that this coin is cheap and will be the next Bitcoin. Buying a few hundred dollars, a few thousand dollars, or tens of thousands of dollars is very normal. So the user group is extremely broad.
To sum up, the dealers behind it are very powerful, and the popularity of retail investors is very high. Therefore, SHIB will definitely rise to a whole new level in the next two years. As for the 0.1 US dollars, this is a bit unrealistic, with a circulation of 10 trillion. It is still very possible to reach $0.01 in Mad Cow.
For some project-supported currencies, such as Polkadot. In fact, I personally am not very optimistic, these are actually a concept, a white paper, a little bit of misappropriation. When some practical tests of the project are slowly implemented, the value of the currency will also increase accordingly, but thisThese are all uncertain and highly technical. If the project is shelved, fails, and cannot be carried out, it is a piece of chicken feathers.
For the currency circle, there is no investment value, only speculation value. So I went back to some basic techniques of the stock market, that is, combining market news and market trends to judge the behavior of the dealers behind.
In short, the four words are: follow the trend
The most commonly used and most practical technical indicator is macd.
The perfect combination of trends and shocks
Expanded information:
First of all, a brief introduction to shib coins. Shib, a virtual currency, was born in August 2020 with a circulation of 1,000 trillion. As of May 9, 2021, the Shiba Inu coin has skyrocketed by nearly 1,200% in one day. On May 10th, the Shiba Inu coin came into people’s field of vision. In just 2 days, it went from a cheap altcoin to the world’s No. 1 cryptocurrency.
Is it possible for shib coin to rise to $1?
The time is updated to June 27, and the latest price of shib coin is $0.0000092. It is understood that the price of Shiba Inu coin has risen dozens of times because of Musk’s tweet, but the price is still relatively low now.
Some experts have analyzed that because the virtual currency is now favored by many people, the price of shib currency may continue to rise, rising to more than 1 US dollar next year.
How many shib coins are issued
1. The total amount of Shib is 1000 trillion, half of which is 500 trillion, which was directly called to V God. Equivalent to (or hope for) half of the Shib will be destroyed forever and will return to zero forever;
2. The total amount of SHIB is one trillion, one trillion 1,000,000,000,000,000 The number of zeros is too many to see;
3. The initial price of SHIB is: 0.000, 000, 000, 0001 is a pile of zeros again.

8. Future Prospects of shib Coins

First, Shiba Inu Coin (SHIB) can easily become the most popular new cryptocurrency. Many investors nicknamed the “Dogecoin Killer” wondered if the Shiba coin would eventually be worth a penny or even a dollar. So, can the Shiba Inu coin reach a cent or a dollar?
2. When Shiba Inu Coin (SHIB) was first launched in August last year, it functioned like a clone of Dogecoin. Contrary to Dogecoin’s mascot, the Japanese Shiba Inu breed is the name of the SHIB. While SHIB is not yet on a par with Dogecoin, which is heavily backed by Elon Musk, SHIB has more or less maintained a significant presence in the market. SHIB managed to break into the top 20 altcoins in a short period of time that was gradually budding.
Three, as the largest cryptocurrency exchange Binance is listed, its growth may be obvious. Although SHIB is priced at less than a cent, it has gained more than $3.4 billion in momentum since its launch. This is a vital sign that the foundation of SHIB is strong and strong. It proposes that SHIB has the only goal of reaching $1. In addition to investors being hopeful and pragmatic about this, analysts have suggested that the price of SHIB will double significantly soon.
1. The all-time high price of SHIB is $0.000037. The initial price of SHIB is $0.0000000000001, and it has risen ten million times. News that Shiba Inucoin is developing its own new decentralized exchange is circulating in the market. Most of these DEXs are now enjoying great success in the decentralized finance DeFi market. If Shiba Inu’s decentralized exchange can achieve even a little bit of success like other exchanges like Uniswap, it will bring SHIB to its $1 target. If traders continue to invest, the Shiba Inu coin’s valuation will continue to increase.
Two, however, the Shiba Token (SHIB) has a long way to go before it is worth a cent or a dollar, so this is unlikely to happen anytime soon. Cryptocurrencies are a volatile market that can experience massive swings in either direction multiple times a day. Therefore, it is difficult to predict the future of any emerging cryptocurrency with a high degree of accuracy. For comparison’s sake, it took DOGE nearly a decade to reach a 1-cent valuation. If the hype around SHIB doesn’t die down, it could hit the milestone in less time, but there’s no guarantee. Shib token needs to climb 12,000,000% to reach $1. Since January, the coin has gained around 2,000,000% per month.
Three. So, if it maintains this growth, it could theoretically hit $1 by the end of 2021, according to Market Realist. Part of the reason for Shiba Tokens’ current popularity is Elon Musk’s appearance on Saturday Night Live. This is fresh in the current zeitgeist, but will likely go away once it’s all blown through SHIB. At the time of writing, SHIB is up for the week (+1,443%) but down compared to yesterday (-11.62%). However, this is not an omen of doom, and Shiba Inu coins are not infallible, even at their peak in popularity.

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