I smell inside job

[Jack_Sin]

This is the correct answer, whales are just manipulating the market as they want as they have the power to do so, such a thing is illegal almost everywhere around the world but since the market of cryptocurrencies is still at an early stage and it is difficult to regulate what happens here then whales can get away with almost anything, so price manipulation is something that is not a big deal for them, which is one of the reasons why people need to avoid the majority of altcoins as they can be manipulated at will by the whales.

I'm sure several big whales simultaneously carrying out the same mission of pumping shiba coins are under the influence of the hype, but unfortunately the hype shib didn't get much response from the community so it couldn't achieve a 50% increase, whereas previously the shiba coin was very sensitive if it was influenced by news trends positive.

[dezoel]

If your instinct is telling you that it is bad then maybe it’s best that you avoid it. But As for me so far I don’t really think that shibainu is a Ponzi scheme and it is not. It is normal for you to see whales investing in this coin because it has been trending for long now and a lot of people knows about it. You would even see big influencers on social media talking about it which includes Elon Musk himself.

So, it is really a big coin now and Robin Hood is even adopting it late judging by when other crypto currency exchanges has added it to their own platform such as coinbase.com and binance.com. it is normal for a coin to Dip, it’s not like this is the first coin that is doing so, it has been happening in the cryptocurrency market for long. Don’t expect it to just keep going up.

[Naficopa]

It looks like Shiba inu is the biggest Ponzi scheme of them all, if not why look like it? Whales kept buying billions and billions of Shiba inu tokens since last week like they heard a rumour or something and now Shiba listed on the Robinhood exchange then the price starts going down, tell me this is not an inside job.

Investors often trade for events. If the Shiba Inu team announced that something spectacular was about to happen, traders were buying tokens in advance and waited for the announcement. At the moment of listing on Robin Hood, the price jumps, as it also happened this time, and traders use this moment to sell with a profit of 20% (for example), which can be even several million dollars for large investments.

[ringgo96]

If there is an inside job but why the pope dares to buy shiba inu up to billions of course this is something we have to take into account, and for me shiba inu is indeed a coin that is building their future well so that it is currently re-listed on the Robinhood exchange of course this will have a positive impact on the future of the coin, so at this time the decision depends on each of us which is certainly shiba inu is not a ponzi scheme.

[marissa23]

Investors often trade for events. If the Shiba Inu team announced that something spectacular was about to happen, traders were buying tokens in advance and waited for the announcement. At the moment of listing on Robin Hood, the price jumps, as it also happened this time, and traders use this moment to sell with a profit of 20% (for example), which can be even several million dollars for large investments.

Although the big whales don't know the future of the news that becomes popular, but the investment involvement of the big whales has a positive impact on the price increase, but unfortunately if you trade short for 20% profit, the price will drop after being dumped to take profit.

[AmoreJaz]

Wouldn't be surprised if it was Shiba or Doge as these coins are made to bump and dump. This is how the market works so no one is to blame here. If you are the victim in this situation becoming the liquidity provider to the sharks then blame yourself instead of the blame.
Shiba is listed on Robinhood and it is completely normal for sharks to take profits. If you were a shark, you would do the same thing.

No one can be blamed in terms of investing, let alone trying to blame others, because basically the investment that is started must have a good understanding, both shiba inu and dogecoins are altcoins, this must be understood, their concept is not the same as other potential coins, so I think it is the investment pattern that must be corrected, because if the investment we make is based on people's reactions, this can actually make us lose under any circumstances

and if you feel there's something wrong for ex here in shib, then don't spend any penny buying this meme token. no one is obliging to buy a hyped-up project. it is always your prerogative to get involved in this type of project. if your instincts is saying that this will go sideways, then don't push yourself into this token.
as the amount revolving on this token is quite huge, hard to conclude that there's inside job. we also don't know if these whales are capable of communicating with each other.

[Jaered]

Why would it look like an inside job when the price of Shiba Inu only pumped 20% max and then dumped? At no point was there a big pump as expected to be seen in a listing of Cobinhood size

[uneng]

It looks like Shiba inu is the biggest Ponzi scheme of them all, if not why look like it?

You are right.

Whales kept buying billions and billions of Shiba inu tokens since last week like they heard a rumour or something and now Shiba listed on the Robinhood exchange then the price starts going down, tell me this is not an inside job.

To consider it an inside job we need to take in consideration every pump and dump schemes of crypto market as well. What I can say is that it was pure speculation which led SHIB to almost hit 0,00003$ on April 12, crashing to 0,000026$ immediately. Now SHIB has reached deeper, to 0,000025$. Looking the charts I see people behind this currency can't take it to a new ATH anymore, so they are profiting from smaller pumps schemes, like the one from last week. Sadly, many crypto news sites are giving support to this memecoin through advertisement and hot articles during the pumps, what somehow endorses investors to buy SHIB and lose money.

[evichi]

I don't think Shiba Inu - a crypto currency, works like a Ponzi Scheme. A Ponzi Scheme is more like an investment outfit or platform where the platform owners use the money of early investors to pay older investors. Often times the platform have no source of income of their own and depend largely on the frequency of new investors that join the platform. But for cryptocurrency coin or token, a new investor or old investor can make money, it all depends on the activity of the individual and not the platform.

IMO. Whales acted proactively in view of the listing on Robinhood and planned to sell when the value goes up - may be due to the listing. The news of the listing means that the token may go up in value because of increase in the purchase of the token. They bought much more earlier. I don't think it is an inside job. That is also what most of us are doing. We buy early in view of expected increase so as to make profit.

[poodle63]

Im not sure why you called it as the biggest ponzi in the history. The shiba inu developers have no premined tokens and whole of tokens already in the circulating supply except the tokens that being sent by vitalik to the a charity organization in india but i heard that they have returned so many funds back again. So, what's wrong with it? If whales are accumulating more and more tokens from the market and nothing wrong with it. The whales are also traders as well. They are accumulating something that can give benefit for all of them.
This is a common thing in the crypto market and pretty much the same like stock market.

[Blowon]

not only shiba inu but the supply and demand mechanism that exists in all cryptocurrencies that contain speculation is also a kind of ponzi, but usually ponzi openly makes their website look like an investment that produces instant results in a certain period of time and is very large. Unlike speculative coins, although those who arrive late they will receive losses if they are not good at seeing opportunities, this is pure cryptocurrency law, with no definite big profit provisions. Maybe some people who take cheap profits can also be a cover for new people coming in so they can take higher profits by big not selling them.

[Innerpumper]

Robinhood is apparently not a big market, of course after shiba inu is listed there they will immediately go down quickly because there will definitely be a temporary increase, that's normal for almost all coins when listed on the market, not just low tier exchanges like robinhood, even big exchanges like binance also often experiences it after listing on the market their coin will drop in the next few hours but usually this is just an opportunity for whales to buy back. Don't worry if you miss this opportunity, because there are many other opportunities for Shiba inu.

[awik p]

Im not sure why you called it as the biggest ponzi in the history. The shiba inu developers have no premined tokens and whole of tokens already in the circulating supply except the tokens that being sent by vitalik to the a charity organization in india but i heard that they have returned so many funds back again. So, what's wrong with it? If whales are accumulating more and more tokens from the market and nothing wrong with it. The whales are also traders as well. They are accumulating something that can give benefit for all of them.
This is a common thing in the crypto market and pretty much the same like stock market.

we can see the trading volume on the shiba inu, until now it still ranks at the top on coinmarketcap. so in my opinion, although the price is currently falling again, the volume is still relatively high, so there are still many investors who hope that shiba will make a profit for them, and indeed buy it in the market so that price fluctuations are normal, and the resilience of the volume is a reference that this coin is still has great power, unlike most new coins which after a dump, they seem to disappear

[iphone5s]

Robinhood is apparently not a big market, of course after shiba inu is listed there they will immediately go down quickly because there will definitely be a temporary increase, that's normal for almost all coins when listed on the market, not just low tier exchanges like robinhood, even big exchanges like binance also often experiences it after listing on the market their coin will drop in the next few hours but usually this is just an opportunity for whales to buy back. Don't worry if you miss this opportunity, because there are many other opportunities for Shiba inu.

Every time the price increases or decreases in price in a market it will greatly affect the project or investor that will run later. There are some investors who are very worried about the downturn that is happening. but it's natural for everyone to be concerned about what they're investing in.

[Z390]

inside job to be honest till this date, shiba team is still anonymous and we dont even understand how much shitcoin that shiba dev have been made but yes shiba become one of many who sucess creating shitcoin that been listed on big cex

Until this day BTC dev is still largely Anonymous, what do you have to say about that? Do you know how many top altcoins in crypto space that have anonymous teams? Yet these projects are doing so well than those with visible team members.

[darewaller]

It is not just an "inside job", it is basically just some people who decided to take advantage of the success doge had during Elon Musk tweet period and that's it, there is really nothing new to it. I am not saying that they are scammers or something, they are not really scammers, they just wanted to build a project and get rich based on already hyped thing and that's it.

Doge is a meme, shibainu is the dog in that picture, so they just wanted to use that, there is also floki which is layer 3, doge is the meme, shibainu is the type of dog, floki is the shiba dog that elon musk has, and they created a token even for that. Just hype riding, nothing more.

[danherbias07]

Why would it look like an inside job when the price of Shiba Inu only pumped 20% max and then dumped? At no point was there a big pump as expected to be seen in a listing of Cobinhood size

And for me that's manipulation. A large portion of investors are expecting a great pump after the new listing and whales can take advantage of this. Sell all their Shiba tokens and let the small investors buy them using the expectations. Now it won't pump that hard because whales are not joining in yet. Let the drama sink like this thread that will dump the market and as soon as it happens they buy back. They can play this kind of game for a thing that has no project at all.
If not manipulation, it's a marketing strategy. They know many investors will react and that means free advertising to every social media outlet.

[Lagduf]

this kind of method being used by someone that holds big capital quite frequently they are always trying manipulating traders that are newbie into thinking that they could scores a really profit through the memecoins everytime a sudden bullrun occurs and at the end of the day they are the ones that lost their money.
basically these big traders are just taking advantage of the rumour and nothing more, it’s just so many newbie traders are falling for the same thing over and over again, if there is any rumour relating with memecoins you could just ignore them if you don’t want losing money after all meme coins are being regarded as highly speculative trading instrument because some reasons and surely this is also one of the few reasons supporting that categorization.

[Silberman]

This is the correct answer, whales are just manipulating the market as they want as they have the power to do so, such a thing is illegal almost everywhere around the world but since the market of cryptocurrencies is still at an early stage and it is difficult to regulate what happens here then whales can get away with almost anything, so price manipulation is something that is not a big deal for them, which is one of the reasons why people need to avoid the majority of altcoins as they can be manipulated at will by the whales.

I'm sure several big whales simultaneously carrying out the same mission of pumping shiba coins are under the influence of the hype, but unfortunately the hype shib didn't get much response from the community so it couldn't achieve a 50% increase, whereas previously the shiba coin was very sensitive if it was influenced by news trends positive.

What happens is that even if the whales are incredibly powerful that does not mean that they can achieve everything by themselves, we are talking about manipulation here which means they need to lead newbies and inexpert traders to their desired direction and make them to invest in coins against their best judgement and it is obvious that right now Shiba does not hold the power that it once held among newbie investors, which is why they cannot pump the price as much as they did in the past.

[isaac_clarke22]

~

It is just another meme coin being hyped the crap out and nothing more. I am even seeing people some newer accounts here building a "shilled" reputation and people seemingly just take that bait and keep buying this coin over and over.
It even gave birth to plenty of this crappy variants.