Promotion is necessary for all projects. But I agree that very often famous persons promote meme coins because now meme coins are very popular.
It's just a matter of time and trends and hype, because anyone who promotes meme coins under any name won't last long in general, because meme coins live not because of utility or use, but because of the trend or hype created by famous people. I think shiba Inu is now more than a meme coin and it is not backed by any celebrity any more, its momentum is purely based on its own strength. The team of Shiba Inu is very active in building its use case by developing Shiba swap, Shiba staking as well shiba NFT platform. It has already attained Top 10 Rank on coinmarketcap which hopefully it will sustain with its performance in coming days and weeks. Expected Listing of Shiba Inu on Robbin hood platform will further boost its price.
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2.0 bn 1,400,000+ 24/7Average daily volume Transactions per second SupportBinanceBinance Exchange is the largest crypto exchange by trade volume and one of the fastest in the world. AcademyBinance Academy is an open access learning hub, providing a one-stop-shop for blockchain and crypto learning resources. CharityBinance Charity is a not-for-profit foundation dedicated to advancing blockchain-enabled philanthropy and global sustainable development. InfoBinance Info is a crypto-encyclopedia; an open and objective information aggregation platform where anyone can contribute. LabsBinance Labs is an infrastructure impact fund and an initiative to incubate, invest in, and empower blockchain projects. LaunchpadBinance Launchpad is the exclusive token launch platform for entrepreneurs to bring the most transformative crypto projects to life. ResearchBinance Research provides institutional-grade research reports, data-driven insights and analysis for investors in the crypto space. Trust WalletThe official wallet of Binance, Trust Wallet is a secure, decentralized wallet where users can send, receive and store their digital assets. Binance ChainBinance Chain is a community-driven blockchain software system, with developers and contributors from all over the world. Binance DEX is the decentralized exchange feature developed on top of Binance Chain. Source https://www.binance.com/en/aboutFees: https://www.binance.com/en/fee/schedule In deed. Binance is world's leading exchange as far as trading volume, security and liquidity is concerned as well as variety of coins/token and NFTs available for trading and investing. I have been associated with this exchange since 2017 and so far this journey has been wonderful. I have witnessed the progress of Binance which has been marvelous throughout. The Price of Binance exchange coin BNB was around 1 dollar then and today it is above 500$ which vindicates confidence of Investors in Bianance.
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Why did you not told me about this before ? ![Shocked](https://bitcointalk.org/Smileys/default/shocked.gif) Forget about the market cap now, I am adding Shiba Inu in my long term portfolio and will accumulate it on every dip. 0.01$ for Shiba is very much possible. ![](https://ip.bitcointalk.org/?u=https%3A%2F%2Fi.imgur.com%2FLTejFJr.jpg&t=665&c=cyeoK4vfO28BJQ)
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Shiba Inu is an interesting coin and huge interest of Investors and traders has pushed up its market cap to above 15 billion dollars & Ranked up to #13 on coinmarketcap. It is worth taking risk but invest what you can afford to lose.
Well for last couple of days this Dogecoin and Shiba Inu are head to head and in fact Shib have taken over Doge in terms of market cap as per CMC Shib Innu is at 8. with $46b and Doge on 10. with $31b market cap. If you ask me honestly they are the most dangerous coins, to destroy the crypto/bitcoin market. Why? These are meme coins and without a business case people will take other coins like Bitcoin and ETH also in the same way like a joke. All big whales are playing with your money, so be very very careful in this area. You won't be getting millionaire if you jump now at this stage but you will be wasting your valuable crypto assets like BTC and ETH. So what do you think about the 0.01$ price prediction of Shiba Inu by Elon and good price prediction by other business community ?? How close can they reach to that.. Shiba Inu can never reach 0.01$ so don't live in a fool's paradise. I can explain it how. Shiba Inu current market cap is $36,984,002,944 and is at number 10 at https://www.coingecko.com/. To reach $0.00012000, Shiba Inu market cap will be double which is $72,000,000,000. Now keeping this calculation if Shiba Inu reaches 4 times from current price, it will be priced at $0.00024000 and the market cap will be $147,936,011,776 The ethereum current marketcap is $510,611,752,620 and BNB is at $84,296,790,867. So Shiba Inu will be at number 3 spot if it reaches $0.00012 and in order to reach 0.01$ it need to cross the bitcoin marketcap. Please re-calculate Market cap of shiba Inu if 41% supply of coins is burnt. https://markets.businessinsider.com/news/currencies/shiba-inu-coin-price0meme-10-holders-71-total-supply-2021-10
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This is just a reminder that the bull run wouldn't last for ever hope your profit plan has been drafted so once you have it you can start converting some to stable coin while you wait for the bear market to take another advantage of buying more.
If you haven't done your profit plan it's better done now or dwell in regret when the bear moment starts. If greed appetite would be a challenge then it's good to start dealing with it now the market hasn't done above it's current ATHs I'm so sure lots of people would still not be prepared for the next bear move preparation is what you need to take good advantage
Absolutely right. Bull runs come and go, we should plan well in advance to book profit before it lasts. I think the Bull Run in Alts is still in the middle and it will continue till January,2022 if Bitcoin remains above 60K during this period. The major Indictor of Bull run in Alts is Bitcoin Dominance Index which is still higher ( 44% ). The Bull run in alts will go in full swing once it comes below 40%.
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Shiba Inu is an interesting coin and huge interest of Investors and traders has pushed up its market cap to above 15 billion dollars & Ranked up to #13 on coinmarketcap. It is worth taking risk but invest what you can afford to lose.
Well for last couple of days this Dogecoin and Shiba Inu are head to head and in fact Shib have taken over Doge in terms of market cap as per CMC Shib Innu is at 8. with $46b and Doge on 10. with $31b market cap. If you ask me honestly they are the most dangerous coins, to destroy the crypto/bitcoin market. Why? These are meme coins and without a business case people will take other coins like Bitcoin and ETH also in the same way like a joke. All big whales are playing with your money, so be very very careful in this area. You won't be getting millionaire if you jump now at this stage but you will be wasting your valuable crypto assets like BTC and ETH. So what do you think about the 0.01$ price prediction of Shiba Inu by Elon and good price prediction by other business community ?? How close can they reach to that.. Brothers, The coinmarketcap of shiba Inu was 15 Billion Dollar when I made my post on Shiba and today it stands above 40 Billion Dollar and ranked up to #8 after surpassing Doge and Polkadot on coinmarketcap. (NUMBERS SPEAK LOUDER THAN WORDS) I Have also booked 500% on my investment. I am not in Love/Hate relationship with Shiba or any other coin. I simply Explore opportunity based on my Fundamental and Technical analysis and take advantage of it. It is the Market that determines Price of any asset or commodity based on supply and demand. The point I am trying to make here is, we are in crypto business to make money then why not take advantage of opportunity that knocks your door.
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This month of October has started on a very remarkable note for the entire cryptocurrency market with ethereum almost recovering back to $4500 and Bitcoin seating above $51k price which is a good sign that October is going to be a remarkable month in the prices of most crypto coins, I will like to see your predictions on altcoins market for October which altcoin do you have faith in and what are the indices that will make that happen?
The month of October is dedicated to Shiba Inu, though it is branded as meme coin but it made headlines in crypto space and almost all social Media channels by its excellent performance. Ranked up #8 on coinmarketcap, tremendous growth of 1000% in a single month, overtaken Doge & Polkadot by Market Cap. The shiba army is doing wonderful job, they have taken it to new height with massive support of community.
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Ma Sha Allah sayeds bhai congratulations on ranking up you deseve it. Happy for you keep it up and continue supporting our small community ![](https://ip.bitcointalk.org/?u=https%3A%2F%2Fmedia.tenor.com%2Fimages%2F67a23a43df8906f84f85a4258a6877aa%2Ftenor.gif&t=665&c=ifmcmyZGmp8Yjg) I guess now the next race is among 5thFear vs GbitG vs techearn17 Let see who wins ![Smiley](https://bitcointalk.org/Smileys/default/smiley.gif) Bhai, I am the Zimbabwe of this forum.. so u can count me out.. i m the first from the last ![Grin](https://bitcointalk.org/Smileys/default/grin.gif) ... and congrats bro sayeds Your contribution for the forum is not so bad as well as quality of posts is quite good. My learning on this forum is that Be more active not only on Pakistani thread but also on other Boards to get ranked up quickly. This is the Board of most senior members of this forum and they are very generous to give Merits if you make good quality posts on Bitcoin. https://bitcointalk.org/index.php?topic=178336.msg58282459#msg58282459
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So I realized that, recently, there are so many tokens getting listed on Hotbit.
Tried trading few times,
And I guess this exchange is a lot better than Bitforex or Digifinex (I mean these two WERE good.. but not anymore.. I think)
At least all my tokens are not gone in the wind and assets look safe.
But are the tokens on this exchange trustworthy? I don't wanna trade on SCAM exchanges.
Any experience with Hotbit, anyone?
I have been using this exchange since more than 3 years and I mostly use its trading platform to deposit and sell my tokens which I receive from Airdrops and Bounty campaigns and they are most of the quickly get listed on Hotbit. The transaction and withdrawal fees are comparatively highly and I didn't find their platform attractive for trading when you compare it with Binance and Kukoin because their volumes are very low.
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With the marketcap of crypto at near 2.5 trillion now..and I think that doesn't include NFTs right? There is a lot of saturation but I am sure there are good projects launching.
Which crypto projects new ICOs or existing you are excited about?
Any NFTs you like or ways of evaluating NFTs that you personally use?
How do you stay on top of the newest things launching and hearing about them?
I have heard good things about Terra and Arbitrum. Cheers thanks guys
Shiba Inu coin is making headlines on all Social Media since more than a week and I also feel excited about it as my investment value has gone up 5 times during this Bull cycle. This coin is in Hype now and every investors/trader is taking buy position in it since they heard that it is building strong case to get listed on ROBBINHOOD wallet. When I study track track of Shiba, i get the feeling that , though it is a meme coin but it can follow the path of Doge coin which was considered worthless 2 years back but now its price is 26 cents. This is crypto space which always come with surprise and anything can happen here.
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One of the reasons why binance smart chain becomes this big right now is because ethereum gas fee is very high and this force some projects to switch to BSC but what do you think will happen once ethereum gas fee goes lower in near few months? Will BSC faced same fate as binance DEX? Or BSC will remain the better option over ethereum?
In any Business , nothing is permanent and change is the only constant. Currently BSC chain is getting huge business of new project, the only convincing reason is its reasonable transaction speed with minimal fee which is much much lower than Ethereum network but it will no remain Leading smart chain for ever because now SOLANA, MATIC and FANTOM are offering even better features, they will also take some market share of Binance smart chain in coming days.
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DODOUSDT $DODO broke out from descending resistance line days ago, now it is trading above broken resistance and ascending support line. it will go up to touch the resistance zone around $3. if bulls success to break this zone and close a daily candle above it , price will continue its upward move to $4.4. triangle or parallel channel target is around $7.5. and fibonacci target is around $9
Good buying call. I will accumulate on dip. It can potentially make new ATH (above 7$) if Rally in Alts goes in full swing.
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I as a Trader never fall in love with Bitcoin, Ethereum Solana or Shiba Inu. Always explore buying opportunity on Technical charts and take entry, sell when it is overbought and book your profit. I bought Sihiba Inu when it was at 0.000006$ and technically it was in consolidation phase. Today when breakout happened and it went up to 0.000044$ means more than 500% above my buying price, I booked my profit. Trading is the game of managing Risk versus reward.
I only partially agree to this. You should not fall in love with any altcoin but you should love bitcoin. 99% of the altcoins are driven by the greedy developers whom sole purpose is to earn the money while the bitcoin is built with loyalty and belief for the freedom of finances. Remember the whole Crypto is a bubble except bitcoin. Bhai, Andha Piar bht Dukh deta ha. ![Smiley](https://bitcointalk.org/Smileys/default/smiley.gif) ![](https://ip.bitcointalk.org/?u=https%3A%2F%2Fi.imgur.com%2FYZ1ClNu.jpg&t=665&c=EWjre6IpMFqy7A)
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