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SHIBA INU / WRAPPED BNB on BSC (0XE8DF1539B380274F1F8205A8F45A7CC266793518) in USDSHIBA INU / WRAPPED BNB on BSC (0XE8DF1539B380274F1F8205A8F45A7CC266793518) in USDSHIBA INU / WRAPPED BNB on BSC (0XE8DF1539B380274F1F8205A8F45A7CC266793518) in USD

SHIBA INU / WRAPPED BNB on BSC (0XE8DF1539B380274F1F8205A8F45A7CC266793518) in USD

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SHIBWBNB_E8DF15.USD trade ideas

SHIB & DOGEElon Musk's Cryptocurrency Shake-Up: From Bitcoin to Shiba Inu and Dogecoin Introduction In the ever-evolving landscape of cryptocurrency, few figures have had as much impact as Elon Musk. As the CEO of Tesla and SpaceX, Musk's tweets and statements often send ripples through the financial markets. One such instance occurred when he announced a surprising shift in his cryptocurrency holdings, moving away from Bitcoin and embracing meme-based tokens like Shiba Inu (SHIB) and Dogecoin (DOGE). This decision not only stirred controversy but also highlighted the dynamic nature of the digital asset market. The Bitcoin Era Elon Musk's entry into the cryptocurrency realm began with Bitcoin. Tesla's announcement in February 2021 that it had purchased $1.5 billion worth of Bitcoin sent shockwaves through the financial world. This move was seen as a significant endorsement of Bitcoin's potential as a store of value and a hedge against traditional currency devaluation. Furthermore, Tesla declared that it would soon accept Bitcoin as payment for its electric vehicles, adding a layer of practicality to its investment. The About-Face However, just a few months later, in May 2021, Musk announced that Tesla would suspend Bitcoin payments due to environmental concerns related to the energy consumption associated with Bitcoin mining. This announcement led to a temporary drop in the value of Bitcoin and raised questions about the environmental impact of cryptocurrency. In June 2021, Musk hinted at a potential shift in his allegiance by conducting a Twitter poll asking his followers if they wanted Tesla to accept Dogecoin as payment. While this poll was ultimately inconclusive, it marked the beginning of a series of events that culminated in a surprising twist in Musk's cryptocurrency portfolio. The Shiba Inu and Dogecoin Connection Fast forward to the present day, and Elon Musk has once again made waves by expressing his interest in meme-inspired tokens such as Shiba Inu and Dogecoin. Shiba Inu, a relatively new entrant in the cryptocurrency space, gained immense popularity as the "Dogecoin killer" due to its Shiba dog logo and the hope of replicating Dogecoin's astonishing price trajectory. Dogecoin, originally created as a joke in 2013, has defied expectations and grown into one of the most recognizable cryptocurrencies. Musk's tweets, often featuring humorous remarks about Dogecoin, have contributed significantly to its sporadic surges in value. His informal endorsement of Dogecoin has created a unique dynamic where the line between serious investment and playful enthusiasm is blurred. Implications and Controversies Elon Musk's decision to pivot from Bitcoin to Shiba Inu and Dogecoin is not without controversy. Critics argue that his statements and actions have the power to manipulate markets, causing prices to spike or plummet based solely on his tweets. This raises concerns about market volatility and investor confidence in an industry that is already known for its unpredictable nature. Furthermore, the sudden transition from endorsing Bitcoin, a more established and widely accepted cryptocurrency, to more speculative tokens like Shiba Inu and Dogecoin underscores the fickle nature of the digital asset market. It highlights how trends and sentiments can drastically impact investment decisions, often with little regard for underlying technological or economic fundamentals. Conclusion Elon Musk's journey through the cryptocurrency landscape has been nothing short of a rollercoaster ride. From endorsing Bitcoin and subsequently raising concerns about its energy consumption, to embracing meme-inspired tokens like Shiba Inu and Dogecoin, Musk's influence on the market is undeniable. While his involvement has brought increased attention to the cryptocurrency space, it has also sparked debates about market manipulation and the responsible use of social media by influential figures. As the cryptocurrency market continues to evolve, one thing remains clear: Elon Musk's actions and statements will likely continue to shape perceptions and trends, leaving investors and enthusiasts alike eagerly anticipating his next move in the world of digital assets. BUY BUY BUY
GEMINI:SHIBUSD
by SHakeTheTinCan
2
Be Careful hereOn the 1D chart. I see selling at these upper levels. We are above the 21D MA ( white) which has been acting as support I do see price falling down to that area which would be healthy. Just dont want anyone surprised if it does. I'll buy at those levels for sure. I see bearish divergence on this time frame. I would like to see it dip one more time before loosing a zero. I am still bullish on shib. I add to my bags every dip we have. I am no expert this is all my opinion not financial advice let me know what you think.
COINBASE:SHIBUSDLong
by biggmitch
Let Us Learn and Earn with them SHIB token BurnsI've been thinking and wanted to jot it down, on how things can end up with SHIB. I have a little story before we get into it, about how SHIB moves could be similar to how I saw the rise in DOGE. In 2018 I purchased around a couple thousand coins of DOGE at around 0.002. I eventually sold out my coins, made a little bit, and didn't think too much of it. Fast forward to 2021, there was a ton of PR around DOGE. News outlets were covering it. Influencers and Celebrities were all over it, pumping the coin up. Even billionaires were buying into it. What got me about it was that people that are not even in the crypto space or do anything with the markets, were talking about it. I had one person tell me how he had a large position in the coin and he was not going to sell. But another person that I knew, he had done no trading what so ever, said he was in DOGE trading it. At that point I knew that it was close to DOGE having a significant drop. Additionally, with SHIB having an extraordinary rise, random people started coming up to me asking if I had any SHIB positions. This could possibly happen with SHIB again. There is a consistent amount of PR, but until it hits the mainstream like DOGE or how BTC and ETH did in 2017, there might be some movement but not as much as when the hype is there. Fundamentals can move the markets but not as much as people's feelings. At currently lvls, market cap is around 6.073 million, if SHIBarium does burn 5 trillion coins per month and pushes the total amount to 289 trillion total coins in the market (in 5 years), that would make price 0.000021. It'll take another wave to push price higher or further burns (if SHIB total supply drops below hundreds of trillions to single digit trillions) to drop a few more zeros. Price could hit the $0.01 lvl or even the $1 as people have been talking about, but again, it would take burns along with more people pushing into the coin. With a lot of negative things going on surround promoting alt coins, there might be less influencers, celebrities, billionaires, sports players, and so on, wanting to put their name out there. There is a lot of work going into developing SHIB. Most notably SHIBarium. SHIB started off on Uniswap with very little value. The coin started gaining traction and is trading on exchanges such as Kucoin, Webull, Binance, Robinhood, Coinbase. I think SHIB has a future and as long as there is constantly moves forwards, ensures the utility of the token, the SHIBArmy strengthens and keeps growing strong, and a steady stream of PR, this coin will hit $0.01 in 2030. These are my own thoughts. Do your own due diligence when deciding to trade. Trading carries a lot of risk where you could lose more then you put in. This is for educational purposes and not investment or financial advise. I do have positions in SHIB. Y'all have some good trading out there.
CRYPTO:SHIBUSDLong
by DollarSaenz
The Script Was Just Flipped SHIBIn the world of cryptocurrency, the winds of change are constant and the landscape is ever-evolving. Bitcoin, the pioneer of cryptocurrencies, has long held the throne as the most recognizable and influential digital asset. However, in recent times, a growing sentiment has emerged that questions the supremacy of Bitcoin and suggests that altcoins, including the infamous Shiba Inu, are poised to dominate the market. In this article, we will explore the claims that Bitcoin is dead, the potential rise of altcoins, and the emergence of Shiba Inu as a significant player in the crypto realm. The Evolution of Cryptocurrencies Bitcoin, introduced in 2009 by the mysterious figure Satoshi Nakamoto, laid the foundation for the entire cryptocurrency ecosystem. It revolutionized the concept of decentralized digital currencies and showcased the potential of blockchain technology. For over a decade, Bitcoin maintained its status as the market leader, boasting the highest market capitalization and garnering widespread adoption from institutional investors to retail traders. The Altcoin Renaissance While Bitcoin's dominance persisted, alternative cryptocurrencies, or altcoins, began emerging. These alternative digital assets sought to address perceived limitations of Bitcoin, such as scalability, speed, and functionality. Ethereum, introduced in 2015, revolutionized the landscape by introducing smart contracts and enabling decentralized applications (DApps). This opened the door to a plethora of use cases beyond simple peer-to-peer transactions. The Rise of Shiba Inu One of the most remarkable phenomena in the world of altcoins is the meteoric rise of Shiba Inu. Introduced in August 2020 as an experiment in decentralized community building, Shiba Inu gained attention due to its meme-inspired branding and its resemblance to popular internet meme, the Shiba Inu dog. While many initially dismissed it as a joke, Shiba Inu's rapid ascent cannot be denied. However, it's important to approach such projects with caution. Shiba Inu, like many other meme coins, lacks a clear utility and fundamental value beyond speculative trading. While it may capture short-term attention and drive excitement among traders, its long-term sustainability remains uncertain. Bitcoin's Fate: Is It Truly Dead? The assertion that Bitcoin is dead is both provocative and overstated. While Bitcoin has faced criticism for its energy consumption, scalability issues, and slower transaction times, it has proven its resilience time and again. Bitcoin remains a store of value, often referred to as "digital gold," and continues to attract institutional interest as a hedge against inflation and economic uncertainty.
CRYPTO:SHIBUSDLong
by SHakeTheTinCan
Shiba Inu Coin Regains Momentum:Recovery Driven by Key MilestoneShiba Inu, the second-largest meme coin within the cryptocurrency ecosystem, has embarked on a remarkable price recovery this week, riding the wave of a broader surge in the crypto market. This resurgence comes in the wake of a significant development wherein the explorer Puppynet, the testnet for Shiba Inu's Layer 2 scaling solution, successfully completed a staggering 20 million transactions before being reset. This update has proven to be a pivotal moment, igniting a noteworthy 6.3% rally in the price of SHIB since June 19. Shiba Inu's price trajectory took a sharp downturn in response to the actions taken by the US Securities and Exchange Commission (SEC) on June 5. However, the coin has demonstrated a remarkable bounce-back this week. The revival of Shiba Inu can be attributed to an overall improvement in sentiment among crypto traders, who are becoming more positive and optimistic about the market. Additionally, the achievement of a significant milestone by Shibarium, the Layer 2 scaling solution, which prompted the reset of Puppynet after successfully facilitating over 20 million transactions, has acted as a bullish catalyst for Shiba Inu. As a result, the meme coin's price has experienced an upward trajectory since the event on June 19. Considering these recent developments, the Shiba Inu coin holds considerable potential as a speculative investment for inclusion in our portfolio once again.
COINBASE:SHIBUSDLong
by FOREXN1
13
SHIB Can it recover or Is the Steam Already GoneI've been in my SHIB position for a while now. I am thinking price will be able to push higher if it is able to survive the onslaught of Central Bank Rate Hikes and the negative crypto news that have been coming out lately. There are things in work for SHIB, but it all comes down to if people what to get in the coin or not. For now, without the easy that was there back in 2021, it is difficult to say that SHIB can climb higher, even with things like the crypto burns and Shibrium (I think that's how you spell it). But here is how I am going at it. First I am ok with losing the money I placed on it. Which means that I don't have my whole life's savings on this coin and I am not doing that "Yolo" stuff. So I got my mindset in the correct path. I am look for price to push lower, to the 0.000008 lvl to purchase some more coin. I am thinking price might hit the 0.000005 and at this lvl, I'll purchase some additional coin. I am thinking people who are already in the coin are going to hold anyways since what else is to do, sell?? They have likely came to terms with, if the coin tanks, I already knew this was going to happen. Moving on, one I get into my final position, that's it. I just wait and see what price does. The coin will just need to last until 2024 and if it does, I think price will be able to start pushing higher and hit 0.00001 sometime in late 2024 or mid 2025. Of course there are many other things that come into play that could affect the coin. One being the regulations that are attempting to be pushed out to deal with crypto. Then you got the geo political issues and whatever else is being cooked up across the globe. But I must say, if price does push higher, I'll be one happy camper, indeed. Y'all have a great trading year out there.
COINBASE:SHIBUSDLong
by DollarSaenz
Beautifil!! LETS GOOOOShib Looks great. Steady healthy growth. Climbing then basing. I look for 00000900 range then back to 00000850 area. I do believe we will have major rejection off the 200MA (yellow line) as we have not been above it since april and in january. I think there will be a lot of profit taking at that level. We shall see. But the short term growth is a good start. As we get closer to the launch of Shibarium I do think we will get a large price spike and then a big sell off so be careful. Buy the rumor sell the news. This is not financial advice, For entertainment purposes only.
COINBASE:SHIBUSDLong
by biggmitch
Trading Lesson 👨‍💻#1 - Never buy At the peak high.Not worth it I tell you. Never buy at the peak high. Always buy at the peak low. When ever you see a peak in the day of trading and you had a major rise in price due to things such as rallies or market seasonal up trends, or 🐳 it's moving up and you don't want to miss it. However; you buy in on the rush up-word believing it's safe to assume things will be greater tomorrow, so you wait to see this awesome rally to the top to make it rich. The day closes and the reopens, with a rise and then sudden fall in the crypto market - all that hype only to be disappointed when you notice somethings off; your funds are 💸floating away in mere moments. So naturally you panic believing that you are in a complete crash - and assume it's the fault of the stock you purchased, but more over it was the fault of the bad call - with bad timing, so you panic sell thinking it will only get worse, and in some cases it does get worse but in others cases that sell you just made would be a mistake in judgement as the price goes back up from where you sold leaving you behind with the lost funds to ponder over. This is what I call "fools gold" Never buy at the peak on after a closing day. reason being you may on the next day after a rally up-word, you notice the price move up higher for like a moment prompting you to buy, thinking that the rally is still going, however; not realizing that was the last call before the fall. So the best thing to do in these type of situations is to: _______________________ Don't Buy In Safer to study your target market before you buy and wait for the closing day, so that it can either adjust the price to where it really is vs where it currently is. if it drops wait till the closing day again until you feel you have the best price to turn a profit. Note - pay attention for market trends it could be going up which is good or falling down which is still good for you because you didn't lose any money, so best to study before you buy on a hype. _______________________ Hold Wait until the next closing day to see where it might lead - this will keep your shares you already purchased and if you need to add more funds to regain what you lost when the price is lower than expected, it will likely turn what was a lost to a gain when the price returns to where you originally purchased. _______________________ Sell The worse thing you can do is Sell unless you can catch the drop in price before it takes too much profit to recover from, you will likely try again losing more money and again, and again, and again - creating what is known as panic buying and selling, if you had deep pockets it might cause the market to completely drop based off the factor of you panic selling, no need to do so you have a day to find out where the market for your crypto is headed before you sell, so best to work fast or lose more funds wasting time. Focus and don't risk what you are not willing to lose, and for your own sake if you are a panic seller, never day trade, you'll lose more money that way. _______________________ Best Tools to use Notice the market trends on the charts before you buy, was it going up throughout a one month process if so then it's a likelihood it's in a seasonal high, it's sometimes hard to tell if it's moving up or down just by looking at charts, so you will definitely need proper indicators to help identify your next move. Indicators like: Volume to price or trend activity Not chart savvy, then find a predictor of your current crypto you purchased. Look for people on places like trading view who have the tools and or knowledge to tell you the trading trends - note not all of them are accurate - not even some websites that offer predictions for your favorite stock or crypto are accurate either, they are usually 40% accurate 60% inaccurate and 99% bias. That's just my opinion - however; they can not predict Rallies - Whaling activity - or - the entire stock market fallout/rise - anything can happen so be prepared it can take months if not years to recover or it could take a few weeks if you know what the future may bring. But remember: Don't try to buy in at the tip of a peak. It's guaranteed to drop instantly the next trading day. Hope this helps. Happy trading. CRYPTOCAP:BTC BINANCE:BTCUSDT BITSTAMP:BTCUSD CRYPTOCAP:ETH BINANCE:ETHUSDT CRYPTOCAP:SHIB BINANCE:SHIBUSDT COINBASE:SHIBUSD #CRYPTO #ALTCOIN #EVERYCOIN #RALLIES-WE-LOVE-THEM #HELP-WITH-A-RALLY #NEED-WHALE-SUPPORT #STOP-THE-DIP
COINBASE:SHIBUSDEducation
by Grandmaster_Oz
Shib Prediction for August 2023This is a weekly chart of the possible path shib may take leading to the end of August 2023 after the recent rally. This is to help those that are wondering where it may go even on times of downturns so there won't be any worry or need to panic sell when it drops in price, note this is not 100% and can change depending on the situation. As Shib long as it has support it has a chance to go higher than what you see here. If we can gain a rally then we can gain higher returns. CRYPTOCAP:SHIB COINBASE:SHIBUSD BINANCE:SHIBUSDT
COINBASE:SHIBUSD
by Grandmaster_Oz