Elon Musk Promotes Shiba Inu Coin and price will hit $1.0 Soon!! - News-Credit-Mortgage-Coin


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Thursday, October 7, 2021

Elon Musk Promotes Shiba Inu Coin and price will hit $1.0 Soon!!

 The fact that the cryptocurrency market is giving indications of maturation is evident in many ways. For the last couple of years cryptocurrency, blockchain technology, and Defi have all acquired incredible momentum. The ideal investments right now are the ones with the right technological features.

There is an absolute assertion that crypto is no longer a fool's game if it ever was. Those who mocked it in the past are much more likely to pay attention now. There are quite a few different ways to measure the development of the crypto space however a simple guideline can be found looking at the fundamental features of crypto.


Early in 2021, Bitcoin and Ethereum earned a much greater deal of headlines. While both of these remain leaders of the sector, these days investors and pundits are more involved in other new companies from a completely different sector.

With increasing social hype and new investor interest, Shiba Inu is now one of the top 10 currencies to invest in.


Of course, without Dogecoin, there would have never been a new class of cryptocurrencies. These currencies would have never made it without the unwavering support from Elon Musk. The hype is the one thing that has given us the biggest of the competitors, Shiba Inu.


Despite the cryptocurrency market going brutal with new projects, Shiba has survived the wrath and is now giving its best, and succeeding in living up to its name as the "Dogekiller".



Shiba is considered as an exception for the most part because the potential gains are too enticing from a mathematical perspective. Any investment in SHIB in the first four months of 2021 increased in value by orders of magnitude when it rocketed to historical highs in May. Its investors could have received a 500,000 times return on SHIB purchased on Jan. 1. SHIB has fought off Akita Inu and others for alpha status, in under a year, before deciding to lie around the house with a lot more left to do.


But simply identifying a high and low point is not a helpful trading strategy. For instance, when Coinbase listed Shiba, it rose by around 35%. Now, if traders had made their moves according to this news, they would have had enormous gains. But the intriguing 35% gain is not enough. There have been noises that Amazon will add SHIB as a payment, but nothing concrete has occurred as yet. This is something that could make Shiba a lot of profit rather than just 35%.

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**DISCLAIMER************************************************** ***********

I am not a licensed financial advisor. All videos on this channel are intended for entertainment purposes only. Exercise your due diligence and scepticism before diving into all your hard-earned monies. Take experts' opinions into account but do not invest unless you are ready. This channel is in no way liable for any losses incurred.

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