Here is what you need to know about Shiba Inu being listed on Robinhood, why its price target seems to increase, and the pros / cons relative to Dogecoin – Enjoy! Add me on Instagram: GPStephan
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ROBINHOOD LISTING: https://www.change.org/p/robinhood-convince-robinhood-they-will-prosper-if-they-list-shiba-inu-coin
Shiba Inu was first released in August of 2020, following the growing popularity of Dogecoin, and featuring the Shiba Inu meme as its mascot. Unlike Dogecoin – which operates within the Litecoin network..Shiba Inu is based within the Ethereum ecosystem, giving them the potential to implement smart contracts, issue NFTs, and scale across the existing platform….but, there’s a bit of a catch:
The main issue holding back Shiba Inu from ever reaching 1 penny is that…with 400 TRILLION COINS in circulation….either the market cap needs to increase to $3,961,440,000,000….which, would make Shiba Inu 2.5x more valuable than Amazon…OR, coins need to be taken OUT OF circulation.
That’s why, comments like “If doge went to 1c Shiba can too”…paints a VERY poor picture of total supply…because, if Shiba Inu had the same total supply as Dogecoin RIGHT NOW….the price would be CURRENTLY trading at 9 cents….and, as we can all see…we’re about $36 trillion dollars away from that.
On the top of the agenda seems to be getting Shiba Inu listed on Robinhood, just like they did Dogecoin back in 2018….and, already, there’s a petition with over 230,000 signatures and counting…which, by the way, I’ll link down below in the description for anyone interested in signing.
Although, even though adding a new cryptocurrency to Robinhood could be SIGNIFICANT in boosting momentum…there’s still not enough data available to determine what type of an effect it’ll have, and how that might impact the price.
PROS FOR SHIBA:
-Strong Community
-Piggybacks on Dogecoin Momentum
-Widespread Listing
-Value in a Network Effect
CONS FOR SHIBA:
-Volatile
-Not as strong of a use case
-Lack of fundamentals to support run-up in price
-Peak Media Attention
-Potential Regulation
So, at the end of the day….my advice is this – if you’re holding on to Shiba Inu right now, just ask yourself: would YOU buy in at the price it’s currently trading at? If the answer is NO, then the question becomes – why are you holding on to it, because essentially – you not selling, is the same as you buying in at that same price.
As for why I’m buying: in my previous video, I explained that I would buy 5 cents of Shiba Inu for every like that video got…and, I’m going to hold up my word on that. I consider it a bit like an experiment we can all be a part of, and whether it makes or loses money isn’t the point…it’s just a show of my support to be a part of the community, and invest in the topics I talk about, so that way – I have a better understanding.
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I can’t stop thinking about the irony and insanity of Elon Musk becoming the richest person in the world why they individual who has spent $20billon.
Thank you for the likemindedness. I’m putting in $1k biweekly (shib) for the next 5-7 years. See you then. I’m 70% in for shib🙌
Shib interstellar (SHINT) buy now and wait for the big pump 100x next week it will explode even Elon have talked about it
It’s time to buy right now.
Feb 2022
Love Shiba Inu 🥰 finally bought in. Great community
Not going to lie. Gambling on this to hope for a super bowl hype train
How can I see my pay on this
HOW long did it take to get that intro?? It's perfect! I thoroughly enjoy your word-swap intros. XD
Available coins is really about 550 trillion after CMC fiasco
what do you think about dimecoin?
Here we go with another alt coin, what happened to Doge? lol Everyone listen! Just buy Bitcoin and Ethereum!
Has crashed
Shibaaaa to the moooooooooon!!!!!!
All in
ZMM on the ASX. 98% down. The next Inu Shiba?
Im re buying Shiba at .000033 how much up will it be in feb ?
$leafty will make you earn 10-100x in the next couple of weeks 😏 help the planet while u get rich!
Great video
The fact that they will be used for AMC purchases will help burn a ton. And if we can really get Amazon on board that will help the burn a ton as well. We can burn 100,000's of dollars a month.
Dude you smart
Can you do a video on how to invest in Shiba Inu what app or website do I need to go to
Being comfortable can be your worst enemy, you think you have enough until you find yourself in a situation where you do make money any more and then you realize it was never enough, so you must do your best to invest as much as you can. Most of us don't even realize how inflation reduces the value of what ever we have in our savings but the banks on the other hand, invest the money and still charge you for keeping it, that's why I invest with Suzanne Stephens Ellis.
Hey
Stephen is still pumping. The man must have gigantic biceps now.
Greatest sell signal there has ever been
Buy XRDOGE! 🙂
Listing on Robin Hood
good idea.
I have Been holding for awhile now, the market dynamism is really getting me uncomfortable here, I really need help deciding
B b b but…but shiba inu?!
Don't critique me for investing into a Cryptocurrency. The United States Dollar IS NOT BACKED BY ANYTHING. The USD only has value because we have been told it has value. Time to wake up, Mr. Anderson. Shiba Inu has value because We The People say it has value.
The next Inu Shiba:
Invest RAN on the ASX. Make 2000x profit
You are so misleading with your info about individual people controlling the majority of Shib. 41% of that alone is on a dead wallet, the others are mostly exchanges like Binance, Coinbase, Webull, etc…
Please actually RESEARCH next time like you claim rather than taking things at face value.
Graham pump and dump of Shiba Inu. Go ahead bag holders and buy at a high price.
RAN on the ASX. The next Shiba Inu