Shiba inu crypto analyse
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Shiba inu crypto analyse
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- Crypto reddit
- SHIBA Inu Fundamental Analysis
- 🚨 SHIBA INU : CONSOLIDATION AVANT LE NOUVEL ATH ?!🚀 Analyse du Shiba Inu (SHIB), Cardano & Tron !
- Shiba Inu – Daily Tech Analysis – October 10th, 2021
- Is Technical Analysis Prophetic or Preposterous? We Asked 7 Crypto Traders
- Shiba Inu And Polygon Race It Out In Market Cap Amidst Exploding Ecosystem Activity
- Cardano, Shiba Inu, Solana Price Analysis: 30 October
- Shiba Inu Coin drives Bitcoin | New pump coming? Analyses
- Shiba Inu meme coin creators working on 'Shiberse' metaverse
Expect topics on innovation, regulation, financial inclusion, remittance, eCommerce, and more. Subscribe here for email updates. The current surge in the price of cryptocurrencies bull run is perhaps one of the most exciting in the crypto market in recent times.
News of all-time highs floods the media, with some people doubling or even 23x their earnings, making mind-boggling amounts of money in a short amount of time. In addition to unbelievable earnings, the rise of meme coins is another unique thing about this current bull run. In fact, the first African themed meme coin, Wakanda Inu, has just been launched.
But what are these meme coins, and are they worth the hype? Meme coins are related to memes, those funny videos, pictures, or texts that reference a particular social or cultural phenomenon. In simple terms, meme coins are crypto tokens inspired by social media trends, jokes, or movies. Although there are hundreds of meme coins, those referred to as OG original gangster meme coins are the most popular with the highest market capitalisation.
However, supporters of the token are bullish about its growth, despite its ranking, with many claiming to have made a lot of money from the token. While meme tokens might be a product of social media trends with no fundamental use case backing them, they have recorded enormous growth and made their hodlers a lot of money. It is a strategy where a coin is held for the long term for higher gains. He became a millionaire two months later, on April 15, However, he lost his millionaire status after the value of Dogecoin decreased.
Nevertheless, Contessoto remains bullish about the meme coin, refusing to sell and even more. CNN also told the story of two brothers — Tommy and James — who invested in the Dogecoin killer and made a killing from it.
The brothers also convinced other family members to invest in the coin. The release of the Korean hit series Squid Game, in September, was the beginning of another massive Internet trend.
The record-breaking series made headlines, inspiring a lot of viral content in the process. The timing was perfect, and the coin took off because Squid Game was perhaps the most popular thing on the Internet at the time. It contained several games to be played by coin hodlers; however, instead of playing for their lives, hodlers played to earn coins. The rise of the SQUID token was meteoric; it got a lot of attention and made headlines, increasing its popularity and the rally behind it.
It was a juicy coin and everyone wanted in on the action until the creators switched from green lights to red and decided it was time to cash out. The reality, however, was that they just partook in a huge two-week-long scam. Although the red flags were all too evident, it was already too late to do anything. Although scams like this paint meme coins in a bad light, the continued existence of Dogecoin and SHIBA INU signals that they might not all be out to get you broke, but how can you tell?
For example, the new African-themed meme token — Wakanda Inu — named after a fictional African city — Wakanda — in the movie the Black Panther is on the rise and rallying strongly. Although the token has the backing of popular Nigerian crypto trader and tutor, Chris Ani, the crypto market is notoriously volatile, and even well-meaning meme coins might not fly.
Be a pioneer on this mission. Wakanda Inu will outperform every meme coin out there. We are well on our way to inevitable widespread adoption. The whitepaper also reveals that the token will drive charity oriented activities across the world. As a community-driven token, the public will decide what happens with the token and which projects to embark upon.
According to Mint , experts believe that rather than communities, a token should be backed by fundamentals, also known as utilities or use cases.
For example, many protocols have been built on the Ethereum network because it has the technology to help NFTs and DeFi, among others, work. Meme tokens, on the other hand, exist because of a trend and grow in value as long as more people buy and hodl it. According to Market Insider , the American movie theatre could start accepting Dogecoin as a form of payment.
He discovered an address that held 8. If the address decides to dump the token, it could adversely affect its value. He analysed the token with Token Sniffer , a website that analyses the risk level of a token, and it was ranked highly risky. This means hodlers might not be able to transfer the token.
It is important to note that crypto tokens have become increasingly easy to make, increasing the probability of encountering scam tokens. As the rally behind Wakanda Inu grows, time is perhaps the only factor that can reveal where it is headed.
Disclaimer: The contents of this article are not financial advice. Techpoint Africa is not responsible for any financial decision made based on this article. On January 22, , be part of the largest gathering of innovators, startup founders, thinkers, programmers, policymakers, and investors in West Africa.
Register free. As of now, Wakanda Inu does not have a use case. However, its Whitepaper indicates use cases will be developed. Hello Sam. Unfortunately, I cannot give you financial advice. You can always do your own research and make an informed decision. Today on Techpoint Digest, we discuss a new approach to startup investing and insurance in Nigeria.
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SHIBA Inu Fundamental Analysis
Situated at the intersection of the busy I and I in downtown Los Angeles, The Reef is a larger-than-life platform for Newegg to drop its latest crypto news. Newegg has a longstanding reputation as a pioneer in the crypto space. Newegg was the first major ecommerce company to accept Bitcoin as a payment method in through its partnership with BitPay. Subsequently, Newegg was among the first to accept Dogecoin in early, followed by Litecoin in July The Reef wraps around three sides of a large office building spanning an entire Los Angeles city block.
🚨 SHIBA INU : CONSOLIDATION AVANT LE NOUVEL ATH ?!🚀 Analyse du Shiba Inu (SHIB), Cardano & Tron !
Subscriber Account active since. January is generally a drag as people, commerce, and markets get back into the swing of things. This also goes for the crypto market, although has started with deep drawdowns in bitcoin and major altcoins like ethereum and solana. He thrives in bear markets. He got his bachelor's degree in quantitative economics at the Naval Academy in Maryland and was commissioned as an officer when he graduated in His program meant he also had access to a career starter loan — a chunk of money he would use to begin investing in stocks while finishing his degree. That was until he got completely wrecked during the stock-market crash, he said. But the experience didn't scare him away from trading.
Shiba Inu – Daily Tech Analysis – October 10th, 2021
Expect topics on innovation, regulation, financial inclusion, remittance, eCommerce, and more. Subscribe here for email updates. The current surge in the price of cryptocurrencies bull run is perhaps one of the most exciting in the crypto market in recent times. News of all-time highs floods the media, with some people doubling or even 23x their earnings, making mind-boggling amounts of money in a short amount of time.
Is Technical Analysis Prophetic or Preposterous? We Asked 7 Crypto Traders
Sunny Leone took the lead among Indian actors to secure her digital assets when she broke the news about her association with NFT, two months back. This made her the first Indian actress to mint NFTs. Choose your reason below and click on the Report button. This will alert our moderators to take action. Stock analysis. Market Research.
Shiba Inu And Polygon Race It Out In Market Cap Amidst Exploding Ecosystem Activity
We use your sign-up to provide content in ways you've consented to and to improve our understanding of you. This may include adverts from us and 3rd parties based on our understanding. You can unsubscribe at any time. More info. Shiba Inu is a dogecoin spin-off and its value has increased by The token claims 50 percent of the total supply has been locked to Uniswap with the remaining 50 percent burned to Ethereum co-founder Vitalik Buterin.
Cardano, Shiba Inu, Solana Price Analysis: 30 October
Sunny Leone took the lead among Indian actors to secure her digital assets when she broke the news about her association with NFT, two months back. This made her the first Indian actress to mint NFTs. Choose your reason below and click on the Report button.
Shiba Inu Coin drives Bitcoin | New pump coming? Analyses
This level of familiarity can be enough for you to invest in the cryptocurrency market. The introduction of Shib token in the official site of this project is as follows: A meme coin like Dogecoin — projects that do not have special technology and were created as entertainment and jokes that has become a great ecosystem! So in general, Shiba cryptocurrency is not inherently valuable like Ethereum or Bitcoin, but given the current situation of traders, it is welcomed as Dogecoin! According to its development team, Shiba cryptocurrency is the main competitor of DOGEcoin and allows its users to easily buy billions of Shib tokens.
Shiba Inu meme coin creators working on 'Shiberse' metaverse
The global crypto market has lost 0. Bitcoin has added 0. Ethereum, in a bearish mood, has lost 1. Dogecoin and Shiba Inu continue to lose; the losses for the last 24 hours are 2. NewsBreak Contributors Publishers Advertisers.
Despite popular fintwit personalities such as Dogecoin co-creator Billy Markus calling for silence between the two groups the barking matches continue, although both dog-based cryptos can have their day. On Friday, Shiba Inu was looking more bullish than Dogecoin and if Shiba Inu can hold above its trendline break, the crypto may be in for a run over the weekend. The backtest of the level was taking place much-lower-than-average volume, which indicates consolidation is taking place.