1. Is shib currency suitable for long-term holding?
Suitable, as long as it is not actively sold, it can be held forever. Shib coin is a kind of virtual currency, which is an experimental project of decentralized spontaneous community construction. Currently, it can be purchased on exchanges such as Matcha MXC, gate.io, and other exchanges.
1. Shiba Inu Coin (SHIB) virtual currency, born in August 2020, with a circulation of 1000 trillion, is an experiment of decentralized spontaneous community construction. The SHIB token is the first token of the Shiba Inu community, with a fair launch method, known as the Dogecoin Killer (Dogecoin Killer), which allows users to hold billions or even trillions of dollars.
Shib is designed to be a “Dogecoin Killer,” underscoring its enormous supply, meaning users can hold billions or even trillions of tokens. There is also Shiba Swap, an unlaunched decentralized exchange platform.
The total issuance is 1000 trillion SHIB, 50% of which is transferred to Vitalik Buterin’s wallet address, which is equivalent to burning, and the other 50% is paired with 10 ETH and put into the fund pool of the Uniswap trading pair. The team does not hold any tokens, it is completely fair, and the way for everyone to get SHIB is to buy at DEX or CEX.
The large number of tokens issued and the extremely low price have been widely welcomed. Elon Musk once made his platform public on Twitter, making it the most widely circulated MEME in the industry. SHIB has been listed on CEXs such as Huobi and OKEx.
1.shib is not a technical currency, but an altcoin like Dogecoin, an exchange like uni, the centralization of eos and its technology are doomed to fail.
2.shib will not return to 0, but the price will fluctuate greatly. The investment is always profitable and losing. If you are not very optimistic, it is recommended to participate in wet storage.
3.shib has gathered the hotspots of Dogecoin this year, and also does the same decentralized exchange as uni, as well as nft-like auction and destruction. I have created my own ecology, which has gathered almost all the hot spots this year, and the dog chain is equivalent to this year’s storage section. Everything that can be rubbed and learned has been done.
4. The shib team has no coins. Shib can only be bought in the secondary market. There is no private placement or public offering. Even Zhuang can only buy a large amount of coins in the secondary market. Anyone can only buy coins in the secondary market. It’s not like how much the project side holds the technology, how much the banker holds, and how much the investor holds. Public offerings and private placements have already cut the leeks in the secondary market.
In mid-March, Tesla CEO Elon Musk tweeted that he would keep a Shiba Inu in his house. CoinGecko data shows that in the hours after Musk’s tweet, the price of SHIB (shiba Inu coin) rose by 300%, and SHIB caused a heated discussion for a while.
2. Can the shib coin rise after the latest news plummets?
There is no investment value, but it will rise.
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
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 the shib coin to rise to $1?
The time is updated to June 27th, and the shib coin is the highest�� Price is quoted at $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.
3. Can shib become a mainstream currency in the next three years?
It should be noted that shib has no core consensus, not even the underlying construction fund pool, loan, database, exchange mechanism, etc. of the basic cryptocurrency. It is only based on the Ethereum chain. A kind of token, this kind of currency can only be short-lived, and everyone still needs to be cautious when investing.
SHIB is also known as DOGECOIN KILLER (Dogecoin Killer).
From the perspective of the token mechanism, unlike Dogecoin, SHIB has an issuance cap and a destruction mechanism. SHIB is issued based on Ethereum, and will be launched on ShibaSwap at the end of April. Compared with Dogecoin, which can only be used in application scenarios such as Twitter and Reddit rewards, SHIB can be better applied to the blockchain ecosystem of Ethereum. However, the launch time of SHIB is short, and the circulation is not sufficient, and it still needs time to test.
4. 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!
5. How much shib coins can be mined in a day
1. Recently, the three major online currency platforms of okex, Huobi, and Binance have launched shib coins, which has attracted a lot of attention. Less attention from players, and these three major currency platforms have also launched special activities for shit coins.
2. At present, the increase of shit coins is really amazing! I bought 300 million shit coins last month, and it has quadrupled now. It is not a loss to be the second dogecoin. According to this trend, shit The coin is very likely to be the next Dogecoin! Shib coin, a piece of shit pulled by the dog, has just been listed on the second-tier exchange recently. Twitter and Weibo have exploded, and dealers have entered the market one after another. It is expected to be turned again after listing on mainstream exchanges!
1. How to mine shitcoin
If you want to mine shitcoin, you first need to prepare a currency wallet, and then you can Start mining. At present, there are still quite a lot of mining software on the market, and there are generally tutorials on how to use them. Here is a brief explanation of how to mine shitcoins, as follows:
1. First download a TP (TokenPocket) wallet: Download the portal: www.tokenpocket.pro
2. After installation, create your [HECO] ] Wallet, handwritten mnemonic, and confirm the mnemonic phrase to log in to the wallet.
3. After creating the HECO wallet, click [Assets] in the lower left corner, then click [+] in the upper right corner, enter SHIB in the [Search] bar, and add SHIB assets to the HECO wallet. (USDT, SHIB and HT have the same operation steps
4. Download the shitcoin mining software, connect the wallet address, and then start mining.
Operating environment: harhonyos2.0.0, token pocket wallet appv1.3.6
Second, what is the total amount of shit coins
The weight of shit coins is 1000 trillion, shit coins may be the most surprising coins in the near future , I don’t know how many people laugh at it because of his name. However, it has recently landed on OKEx. Yes, the listing efficiency of Ouyi has once again been reflected. Since its launch, it has risen by 91.92%, and has also reached the all-time high of 0.00001 USDT for SHIB. If you study SHIB carefully, you will find that it is still “something”. After OKEx listed SHIB, Huobi followed up with the listing immediately. At the same time, there was also news that it would be listed on Binance and even Coinbase.
6. How to create a shib wallet
Create a shib wallet: The first step is to download the imToken wallet. The second step is to open the APP, click My, and create a wallet in the lower right corner. Select ETH and click Create Wallet. Set wallet name and password. Then the wallet will be created.
The increase of shit coins is really amazing! I bought 300 million shit coins last month, and it has quadrupled now. It is not a loss to be the second dogecoin. According to this trend, shit coins are very It may be the next Dogecoin! Shib coin, a piece of shit pulled by Doge, has just been listed on the second-tier exchange recently. Twitter and Weibo have exploded, and dealers have entered the market one after another. The next most likely coin is ten thousand times more. .
The purpose of Shib is to become a “Dogecoin killer”, in order to highlight its huge supply, it means that users Billions or even trillions of tokens can be held. There is also a decentralized trading platform, Shiba Swap.
Currency Review: Shiba Inu Coin is useless beyond the hype and skyrocketing purchases, and has no basic product.
Altcoins like Shiba Inu are easy to create, and they have reaped huge gains that far outweigh even “meme” currencies like DOGE, not to mention safer ones like BTC or ETH Venture capital. But the downside is that without a solid foundation endorsement or a valid use case, they are still very risky.
7. The pros and cons of shib
Not very good, the sudden explosion this year should be down soon.
Dogecoin, the full Chinese name is Dogecoin, and the English name is DOGE.
The surge of Dogecoin this year has a direct causal relationship with one person, that is, Musk, the controller of Tesla.
On February 4 this year, Musk tweeted a photo of a rocket flying to the moon, followed by the word “Doge.”
Then Musk tweeted several times in a row, roughly meaning: “We don’t need to be billionaires to have Dogecoin, Dogecoin is the digital currency of the people.
8. 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, the same as Bitcoin, these Currency can also exist by mining, but the birth of Dogecoin is so coincidental, it can be said that it is a book.
The birth of Dogecoin:
Why so What? 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 go Satire Bitcoin.
Of course this is for comedy or what?
The follow-up to Dogecoin:
In short, after Dogecoin It is very possible that the value of the virtual currency 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.
9. The latest shib holding address
1. The total number of shib holding addresses is more than 60 10,000, the update speed is too fast, and there is a lag in learning. The largest holding address has more than 400 trillion shib, many addresses have tens of trillion shib, and the number of shib in each address is very large, and it is impossible to count Most of them hold a large number of positions.
2. At present, the number of SHIB currency holding addresses on the chain has exceeded 168,000, the number of Twitter followers is 67,000, and the number of telegram group users is 73,000, which is extremely popular .As a MEME Coin, SHIB has gained extensive attention and participation from a large number of users. In terms of development planning, Shib is currentlya The specific development roadmap has not been disclosed, but the official website has disclosed the following 3 ongoing matters.
● ShibaSwap: A lightweight DEX based on Ethereum, more details have not been disclosed. Security audits and final updates are currently underway, and will go live in the near future.
● Artist Incubator: Invite artists in the community to create encrypted art NFTs.
● Charity: Rescue real-world Shiba Inu through Amazon Smile charity.
1. 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 1200% 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.
II. Development History
In August 2020, Shiba Inu Coin was born with a circulation of 1,000 trillion.
On May 7, 2021, Hiroichi Mizuno, Tesla’s independent director and former chief investment officer of Japan’s pension fund, said on social media: “Investors can trade Shiba Inu coins on a short-term basis, but don’t treat their Shiba Inu pet dogs like this. “Elon Musk immediately responded: “I’m looking for a Shiba Inu (coin)!”
As of May 9, 2021, the Shiba Inu coin has skyrocketed by nearly 1200% in one day.
On May 10, 2021, according to foreign media reports, Shiba Inu, a virtual currency after Dogecoin, entered people’s field of vision. In just 2 days, the Shiba Inu coin has gone from a cheap altcoin to the top cryptocurrency in the world.
May 13, 2021 Buterin donated 50 trillion SHIB tokens (about 1.2 billion US dollars) to India’s new crown virus relief fund
May 17, 2021 Ethereum founder Buterin destroyed 45% of Shiba Inu Coin SHIB Coin