SHIB price stabilized

(1) shib fell sharply, and bitcoin fell by more than 11%! Why does the currency circle investment have such big fluctuations

Because the currency circle is originally a kind of risk investment, in other words, the currency circle is originally a gathering place for speculators.

For those who like to invest in virtual currency, they may place too much emphasis on the potential returns that virtual currency brings to themselves, but ignore the risks that investment brings to themselves. We need to know that the risk of stocks is already great, and the virtual currency market is more risky than stocks, and it may even double and empty within a few minutes.

Let me first talk about the current market of bitcoin and shib.

We can understand bitcoin as the leader of virtual currency, and shib as a copycat currency of Dogecoin. When Musk announced that Tesla would no longer accept Bitcoin payments, the entire virtual currency market was greatly affected. Almost all virtual currencies plummeted. Bitcoin even plummeted by more than 11% at one point. Many investors Instantly burst the warehouse and lose everything. For shib, shib has skyrocketed by about 30 times a few days ago, and it is still in the process of callback.

How about the market price of shib

The market price of shib currency is now 0.00042 RMB, a 7-day increase of +17.33%, and the historical highest price of shib currency is 0.0000886 US dollars, The all-time low price of shib coin is $0.0000000.
Extension information:
1, shib is also known as Shiba Inu coin and Erdoge coin. This is an experiment of decentralized spontaneous community building. The shib coin is short for DOGECOIN KILLER. This ERC-20 Only token can maintain a price around one cent and still surpass Dogecoin in a short period of time (relatively speaking). Shiba Token ($Shib), the first cryptocurrency to be listed and incentivized by ShibaSwap, the decentralized exchange of 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 excitation. As for whether it has value or not, it is hard to say. In fact, Dogecoin has no value. There are more people who blow it and more leeks, which will attract capital with a sickle in hand.

(iii) Why is shib soaring?

SHIB was launched on February 1, 2021, with a circulation of 1,000 trillion, and the current circulation rate is 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 Inucoin 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, cryptocurrency does not have the underlying value asset support, and it is easier to� Influenced by news-related 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.

㈣ 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. , Dogecoin rose and fell sharply in China, and some were happy and some were sad. Dogecoin has soared 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%. During this period, many people used very little principal to leverage tens of thousands or even hundreds of thousands of profits, making 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, and the value of Dogecoin plummeted 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 lose a lot of money.

㈤ 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 coin will also increase accordingly, but this is all with great uncertainty and high technical content. 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.

(vi) The surge of shib has attracted the attention of netizens, why is virtual currency so expensive

In the process of global development, virtual currency has been paid more and more attention by more and more people. 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.

㈦ 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.

㈧ Can it rise to three yuan after buying 100 million shibs?

At present, after choosing shibs, you can invest in a small amount 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.
Expansion information:
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, the decentralized exchange of 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 Shiba Inu, which is why shib is called Shiba Inu coin. The shib coin started in August 2020 and is a decentralized spontaneous community.�� is an experimental project built, and the purpose of the development team is to distribute the developed characters to any participant who has the time and technology, for which they fire SHIB as an incentive.
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.

㈨ 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, and the position 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’s stoppage of bitcoin payments has caused other virtual currencies to plummet, which once again calls into question the value of bitcoin.

Virtual currency has gradually entered everyone’s attention, from disapproval to questioning to acceptance by some people, and now it is no surprise that the virtual currency has risen or fallen sharply for many people. How much feeling, because many people have seen more such scenes. The shib plummets, and the risk of buying virtual currency is very high, because virtual currency does not have any limit on the rise and fall, which leads to the fact that virtual currency can be liquidated in one day. This risk is unacceptable for many people; virtual currency has not received any country. This is a huge political risk; the most important thing is that Tesla, which previously supported bitcoin payment, has stopped bitcoin payment, which has caused the value of virtual currency to plummet, which is also a huge risk.

Third, Tesla’s stop of bitcoin payment has led to questioning the value of virtual currency again

Tesla’s Musk should be the most optimistic about bitcoin One of the people, because of Musk’s platform, more people see the charm of virtual currency, but Tesla’s suspension of bitcoin payment has called the value of bitcoin into question, which is also the reason why virtual currency has plummeted.

㈩ SHIB fell sharply, have you ever bought virtual currency?

I have, and this time when SHIB was listed on an exchange, I also got involved.

For those who don’t pay attention to virtual currency, the virtual currency of SHIB may be a bit unfamiliar, because it is originally an altcoin, which is an air currency imitated from Dogecoin. This time I also invested in SHIB. The account originally had some floating profit, but later there was a small loss due to the failure to stop the profit in time.

Let me talk about the slump of SHIB first.

Around May 12, SHIB was listed on an exchange. Originally, the price of SHIB was around 0.000009. On the day of listing on the exchange, it rose to 0.00038 in just a few hours. Some people who bought earlier may have doubled about 40 times. For those who bought later or even chased high, they may be miserable. Some people even bought at a high of 0.00038. In the short term, these people’s accounts can lose at least 20% or more.

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