1. What is the risk of buying virtual currency when shib falls sharply
The risk of buying virtual currency is very high when shib falls sharply.
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.
2. The 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.
3. What is the new currency issued by the founder of shib?
Abstract Hello, this founder, the new currency issued again, I heard that it is called environmental protection currency. Because of this new currency, it has not been promoted in China at the beginning, and some people have already played it in Japan, the United Kingdom and the United States.
4. What is shib?�� Coin
SHIB Coin, also known as Shiba Inu Coin (the second Doge coin), is a decentralized and spontaneous community building experiment.
The Shiba Inu Token is the first token of the Shiba Inu community, allowing users to hold billions or even trillions of Shiba Inu Coins. SHIB coin is the abbreviation of DOGECOIN KILLER. This ERC-20 Only token can hold the price around a point and still outperform Dogecoin for a short period of time (relatively speaking). Shib Token is the first cryptocurrency listed and encouraged by ShibaSwap, a decentralized exchange for the Shiba Inu community. It is popular all over the world and its value has increased thousands of times. Currently, the Shiba Inu community has locked 50% of the total supply of Uniswap and lost the key! The remaining 50% was burned into Vitalik bartling, and this coin is the first project along this road for the Shiba Inu community, so everyone has to buy it on the open market, so that developers can’t put their team Coins are dumped in the community, ensuring fair and thorough decentralization.
1. Development history. In August 2020, Shiba Inu Dogecoin was born, with a circulation of 1,000 trillion yuan. On May 7, 2021, Ayaka Mizuno, an independent director of Tesla and former chief investment officer of Japan’s pension fund, Hiroshi Mizuno, said on social media: “Investors can trade Shiba Inu Dogecoin in the short term, but don’t do this to their Shiba Inu dog. .” Elon Musk immediately responded: “I’m looking for a Shiba Inu dog (coin)!” As of May 9, 2021, the Shibuya coin has skyrocketed by nearly 1,200% in a single day. On May 10, 2021, according to foreign media reports, the virtual currency Shibuya coin after dogecoin entered people’s field of vision. In just two days, Cane Coin became the world’s first cryptocurrency made from a cheap altcoin. On May 13, 2021, God V donated 50 trillion SHIB tokens (about 1.2 billion US dollars) to the Indian New Coronary Pneumonia Relief Fund. On May 17, 2021, V God, the founder of ethereum, destroyed 45% SHIB coins.
2. Reason. Shib’s purpose is to be a “dogecoin killer”. To highlight its huge supply, this means that users can hold billions or even trillions of tokens. There is also Shibasap, a decentralized trading platform.
3. Currency assessment. Dogecoin has no use for anything other than hype and pump buys, and has no underlying product. Dogecoin is a counterfeit currency that is easy to make, and they fetch huge profits far more than even “meme” currencies like DOGE, not to mention safer venture capital investments like BTC or ETH. But the disadvantage is that without a solid foundation endorsement or a valid use case, they are still very risky.
5. Cryptocurrency Shib soars, do you know Shib?
Recently, a news of “cryptocurrency Shib soaring” has triggered The heated discussion of the majority of netizens has caused uproar on the Internet. Recently, our Tesla CEO Elon Musk 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.
6. What is the difference between SHIB and SHIB/USDT in virtual currency
Consultation record · Answered on 2021-05-09
7. What project does shib coin have a destruction mechanism?
SHIB is an experiment in decentralized spontaneous community building. There is no destruction mechanism for shib, but after the ecological construction is completed, every time a dog leash is exchanged, the shib used for exchange will be destroyed, so the amount of shib will become less and less, and the project party believes that shib has a chance to reach 0.1 USD. of.
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.
In August 2020, Shiba Inu coin was born with a circulation of 1,000 trillion.
On May 7, 2021, Hiromichi Mizuno, Tesla’s independent director and former chief investment officer of Japan’s pension fund, expressed on social media��: “Investors can trade Shiba Inu coins on a short-term basis, but don’t treat your Shiba Inu pet dog like this.” Elon Musk responded immediately: “I’m looking for a Shiba Inu (coin)!”
As of May 9, 2021, the Shiba Inu coin has skyrocketed by nearly 1,200% in one day.
On May 10, 2021, according to foreign media reports, the Shiba Inu coin, 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.
On May 17, 2021, Vitalik Buterin, the founder of Ethereum, destroyed 45% of the Shiba Inu coin.
8. “Will SHIB be the next Dogecoin?” Hot discussion, is SHIB also a virtual digital currency?
SHIB’s explosion also makes Everyone felt very shocked. He was also targeting the next Dogecoin. It is also a virtual digital currency, but this digital currency is not regulated in China, and there are no thresholds. Therefore, there is a possibility of returning to zero at any time, and we must be cautious when investing.
Three, join the physical industry
We also believe that more and more people will promote this matter. In fact, at this stage, the current stage is the bull market of Bitcoin. As for whether SHIB will become the next Dogecoin, it is still very imaginative. We also hope that more and more people can actively invest in the real industry, because we all know that if a country wants to develop, the real industry must bear the brunt. I hope everyone can cherish their hard-earned money, To safeguard the revitalization of our motherland.
9. Is it late for shib coin to get on the bus now?
Abstract Shib coin was born in August 2020, and it has risen more than 1,000 times since then. Getting in the car now and investing in shib coins is too late.
10. What is SHIB
The full English name of SHIB coin is SHIBA INU, the release time is February 1, 2021, and the total supply is 100000000000000SHIB, which is not available yet. Inflation and deflation plan, log in to Huobi Trading. Shib is an experiment in decentralized 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.