❶ Cryptocurrency Shib soars, do you know Shib?
Recently, a news about “cryptocurrency Shib soaring” has sparked heated discussions among netizens. There is a lot of uproar on the Internet. Recently, Musk, our CEO of Tesla, is not only building cars, but also on a TV show to play the role of a virtual currency expert and talk about virtual currency. Recently, virtual currency has also risen very exaggeratedly. Before, Dogecoin rose by 470% in a single month in April, and then SHIB rose several times in two days. It was very fun to play. So why is SHIB able to rise so much? Let’s find out.
1. The wave of virtual currency
In recent months, with the rise of bitcoin, people are paying more and more attention to virtual currency. If there are more people, there will be more people who see huge profits from virtual currency, so there will be more people participating, and more people will participate, then there will be more funds entering the market. will rise. Recently, this is the case.
The above is my opinion on this issue. It is purely personal opinion and is for reference only. If you have any different opinions, you can leave a message in the comment area, and let’s discuss it together.
❷ shib’s surge has attracted the attention of netizens, why is virtual currency so expensive
In the process of global development, virtual currency is receiving more and more Many people pay attention, and more and more people want to invest in virtual currencies such as virtual currencies, which may have higher value, and can also affect our lives.
There are many virtual currencies that can cause their prices to rise through a series of operations, and can also be invested by more people. These virtual currencies are actually valuable items. The surge of shib has attracted the attention of netizens. Why is the price of virtual currency so expensive? I think there are three main reasons:
First, virtual currency is maliciously hyped by some people.
Actually, the reason why virtual currency is so expensive is because virtual currency is maliciously hyped by some people, because some people want to get more income by hyping virtual currency, And also want to get more money by hyping virtual currency. In this case, the price of virtual currency will become more and more expensive, which will lead to a cycle. As long as the price of virtual currency becomes more and more expensive, more and more people will invest, which will lead to virtual currency. value rises.
This is my opinion.
❸ Can it rise to three yuan if you buy 100 million shibs?
At present, after choosing shib, you can invest a small amount properly first, his future is very difficult Predicted, of course, it is difficult for anyone to know the final result of each currency before it becomes popular. Just like Bitcoin, no one was optimistic before, but now it has risen to a level that many people cannot reach, and shib is indeed going to be a short period of time. It can soar by 300% in an hour. At present, its price is around 0.00009842 US dollars, and it is still rising, so we just need to wait and see if it can rise, buy some and wait for the investment, because even if we only buy one meal The money can also have the opportunity for shib holders to usher in skyrocketing.
What is shib?
Shib is also called Shiba Inu Coin and Erdoge Coin. This is an experiment in the construction of a decentralized and spontaneous community. shib coin is short for DOGECOIN KILLER, this ERC-20Only token can maintain the price of one cent or so, and still surpass Dogecoin in a short period of time (relatively speaking). Shiba Token ($Shib), the first cryptocurrency to be listed and incentivized by ShibaSwap, a decentralized exchange for the Shiba Inu community, has gained worldwide popularity and has risen thousands of times in value.
Currently the Shiba Inu community has locked 50% of the total Uniswap supply and lost the keys! The remaining 50% is burned to Vitalik Buterin, and the coin is the first project along this path for the Shiba Inu community, so everyone has to buy it on the open market, making Developers cannot dump their team tokens in the community to ensure fair and complete decentralization.
When did shib come out?
shib was issued in August 2020, with a circulation of 1000 trillion, shib was first listed on matcha, although Hofu also has platforms such as Huobi, okex, and Binance Also online. The day shib was launched on Huobi, the increase exceeded 300%, and the market was very hot. The initial price of shib is: 0.000, 000, 000, 0001 is again a bunch of zeros. The total amount was 1000 trillion, half of which was 500 trillion, which was directly called to V God. Equivalent to (or hope for) half of Shib will be destroyed forever, and will return to zero forever.
What kind of dog is Shib
The image of Shib is ShibDog, this is why shib is called Shiba Inu coin. The shib coin started in August 2020. It is an experimental project for decentralized and spontaneous community construction. The purpose of the development team is to distribute the developed characters to any participant who has the time and technology. For this reason, they fire SHIB as a coin. excitation.
As for whether it has value or not, it is hard to say. In fact, Dogecoin has no value either. The more people who blow it and the more leeks, it will attract capital with a sickle in hand. However, among the goods brought by Musk, the richest man in the world, Dogecoin has gone crazy, and dog shit coins have become fragrant.
❹ How many times the shib currency has risen
It has risen 7 times in a week. It can be said that it is a veritable 10,000-fold coin after YFI since the rise of DeFi.
SHB’s full name is SHIba lnu, which means Shiba Inu. It has been transformed into Chinese by magical netizens in China, and now it is widely known as “coin”.
SHIB was first issued in August 2020. It is a virtual cryptocurrency. The price was very cheap at the beginning. I can’t count how many zeros there are. Anyway, everyone’s account holds them. Billions or even trillions.
SHIB is listed on its own exchange, Shibaswap, which is an experimental project of decentralized spontaneous community building, which is entirely raised by the community.
Many market analysts have said that Shiba Inu coin is most likely created to make Dogecoin more valuable. For example, Shiba Inu coin is a bit like Dogecoin of the alt board, and imitates Dogecoin. Dogecoin is just to make real coins more valuable.
But no one expected that Shiba Inu, which imitated Dogecoin, changed from a cheap altcoin at the beginning to the hottest cryptocurrency in the world. SHIB only took two days.
As for the surge factor of Shiba Inu coin, according to our understanding, it has something to do with a tweet replied by Musk
Those who are interested will find that every time the SHIB skyrockets, it is behind the “cargo maniac” Musk in the currency circle. There are intricate relationships.
A few days ago, Hiromi Mizuno, Tesla’s independent director and former chief investment officer of Japan’s pension fund, posted on Twitter: “Investors can trade Shiba Inu coins on a short-term basis, but they are responsible for their pet Shiba Inu dogs”
> Just after Mizuno Hirodo posted this tweet, Musk followed up with a reply to the thread below, and even the reply was serious: I'm looking for a shiba pup! I don’t know if I really want to raise it A dog, or a coin.
A thousand people have a thousand opinions. In the cryptocurrency circle, many are fanatics. When everyone sees this, this is definitely a hint of SHIB, rather than simply saying that they want to raise a dog!
❺How about the market price of shib
The price of shib currency is now 0.00042 RMB, a 7-day increase of +17.33%, and the highest price of shib currency in history is 0.0000886 US dollars, The all-time low price of shib coin is $0.0000000.
1, shib is also known as Shiba Inu coin and Erdoge coin. This is an experiment of decentralized spontaneous community building. The shib coin is short for DOGECOIN KILLER, this ERC-20 Only token can maintain a price around one cent and still surpass Dogecoin in a short period of time (relatively speaking). Shiba Token ($Shib), the first cryptocurrency to be listed and incentivized by ShibaSwap, a decentralized exchange for the Shiba Inu community, has gained worldwide popularity and has risen thousands of times in value.
2, Currently the Shiba Inu community has locked 50% of the total Uniswap supply and lost the key! The remaining 50% was burned into Vitalik Buterin, and the coin was the first project that the Shiba Inu community went down this path, so everyone had to buy it on the open market, making it impossible for developers to buy it on the open market. The community dumps its own team tokens to ensure fair and complete decentralization.
3, shib was issued in August 2020, with a circulation of 1,000 trillion. Shib was first listed on Matcha, although Hoo, Huobi, okex, Binance and other platforms have also been launched one after another. The day shib was launched on Huobi, the increase exceeded 300%, and the market was very hot. The initial price of shib is: 0.000, 000, 000, 0001 is again a bunch of zeros. The total amount was 1000 trillion, half of which was 500 trillion, which was directly called to V God. Equivalent to (or hope for) half of Shib will be destroyed forever, and will return to zero forever.
4, the image of shib is Shiba Inu, which is why shib is called Shiba Inu coin. The shib coin started in August 2020. It is an experimental project for decentralized and spontaneous community construction. The purpose of the development team is to distribute the developed characters to any participant who has the time and technology. For this reason, they fire SHIB as a coin. excitation. As for whether it has value, it’s hard to say. In fact, Dogecoin has no value. Too many people blowing it up and too many leeks will attract capital with a sickle in hand.
❻ Shib plummets, what is the risk of buying virtual currency
Shib plummets, the risk of buying virtual currency is very large.
1. There is no limit on the rise and fall of virtual currency , it may be liquidated in one day;
2. The virtual currency has not been recognized by any country, which is a huge political risk;
3. Tesla stopped bitcoin payment caused by Other virtual currencies fell sharply, which made the value of Bitcoin questioned again.
Virtual currency has gradually entered everyone’s attention, from disapproval to questioning to acceptance by some people, and now it is strange No wonder, the big rise or fall of virtual currency does not feel much to many people, because many people have seen such scenes. Shib fell sharply, and the risk of buying virtual currency is very high, because virtual currency does not have any rise. The fall limit, which leads to the virtual currency being liquidated in one day, is a risk that many people cannot accept; the virtual currency has not been recognized by any country, which is a huge political risk; the most important thing is that the bitcoin payment was supported before. Tesla has stopped bitcoin payment, which has caused the value of virtual currency to plummet, which is also a huge risk.
Third, Tesla stopped bitcoin payment and caused virtual currency The value is questioned again
Tesla’s Musk should be one of the most optimistic about Bitcoin, because Musk’s platform has made more people see the charm of virtual currency, but Tesla suspended Bitcoin payment This puts the value of Bitcoin into question, which is why the virtual currency plummets.
❼ Can shib coin go up after the latest news?
There is no investment value, but it will go up.
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. Buy a few hundred dollars, a few thousand dollars, Tens of thousands of dollars is very normal. Therefore, the user group is extremely wide.
In summary, the dealers behind it are very powerful, and the popularity of retail investors is very high. Therefore, in the next two years, SHIB will definitely rise to a brand new level. Height. As for the 0.1 US dollars, this is a bit unrealistic. The circulation is 10 trillion. It is very possible to reach 0.01 US dollars in Mad Cow.
For some project-supported currencies , such as Polkadot. In fact, I am not very optimistic. These are actually a concept, a white paper, and a bit of money-making. When some practical tests of the project are slowly implemented, the value of the currency will also increase accordingly, but These are all extremely uncertain and highly technical. If the project is shelved, fails, and cannot be carried out, it will be a piece of chicken feathers. Play yourself to death.
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
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.
❽ SHIB has risen by more than 60%, and the price has reached a new high. Can you still buy SHIB now?
A while ago, the currency circle was hot in China After a while, Dogecoin rose and fell sharply in China, and some were happy and some were sad. Dogecoin has skyrocketed since Tesla President Elon Musk posted on social media on May 7 that I am looking for a Shiba Inu copy. The increase once exceeded 60%, and many people wereFor a period of time, it has leveraged tens of thousands or even hundreds of thousands of profits with a very small amount of principal, and made a lot of money. But with the last American talk show on Saturday Night Live, Musk took the initiative to admit that Dogecoin was a scam, just a joke he made, which led to the price of Dogecoin plummeting after that. 34%. It is also because Elon Musk’s copy that he wants to raise a Shiba Inu has caused the SHIB, which sounds similar to Shiba Inu, to skyrocket several times. Now that SHIB has risen by more than 60%, and the price has reached a new high, is it still possible to buy SHIB now? My personal opinion is that it is not appropriate to buy a large amount of SHIB now, mainly for the following reasons.
1. The transaction of virtual currency is inherently uncertain, so it is very irrational to buy a large amount of virtual currency
The transaction of virtual currency itself has certain uncertainties, so at this time a large number of It is not very wise to buy virtual currency. If someone releases some bad news after buying a large amount of virtual currency, it will be a huge loss.
❾Why is shib soaring?
SHIB was launched on February 1, 2021, with a circulation of 1,000 trillion, and the current circulation rate 50%. Since the opening, the price has been maintained at about 0.7 zero 6 yuan, and the price has risen to 0.6 zero 7 to 0.4 zero 2425, and the price has risen by 3460.4%. The price has risen by 1169 times in 3 months.
The sudden surge of Shiba Inu Coin is mainly because a group of investors are optimistic about the future of Shiba Inu Coin. There is a certain financial logic to the rise of Shiba Inu Coin. At least from the price, it can be seen that in the continuous efforts of the investor operation team, Shiba Inu Coin has experienced a lot of baptism from its opening to the present.
Shiba Inu Coin has been listed on many exchanges. It is the only animal currency listed on the three major exchanges besides Dogecoin. In addition, it has also been listed on the exchanges of listed companies in the United States, which is equivalent to being recognized by many traditional financial industries.
Because the Shiba Inu coin has just started, the price is still relatively low, so the transaction volume is relatively objective, and many investors are accustomed to buying products with lower prices, so there has been a surge in the Shiba Inu coin. As a result, the rise of Shiba Inu coin is in line with the practice of virtual currency, and the previous Bitcoin also encountered a situation of skyrocketing and pulling the market.
But it should be noted here that the rise of Shiba Inu may not be a good thing.
Coins such as Shiba Inu coins are essentially air coins and have no practical significance. The irrational market sentiment makes its price bubble intensify, and behind the surge, it is often accompanied by crazy harvests. As a financial derivative, cryptocurrencies are not supported by underlying value assets and are more susceptible to news factors. Big V calls for orders, hype, etc., are very easy to cause funds to flood into hype. This also means that under the face of bad news, the collapse of cryptocurrency prices will also be the norm.
High-frequency trading, doubling leverage, unclear trading rules, and inability to disclose information to the outside world in a timely manner have limited the ability of cryptocurrencies to protect users’ rights and interests. Sex is unpredictable.
❿ SHIB Shiba Inu coin has risen sharply and its price has reached 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 In the same way, these currencies can only exist 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.