SHIBA - The Current Monument & My Experience With It
The SHIBA INU coin rose wonderfully in the past few days to cross the rise of 30% before returning to a slight decline today, which amounted to 1%, but its momentum is still present on the platforms in terms of trading volume and interest, which made it the first trend yesterday on Coinmarketcap.
The currency, which was initially just a joke, such as the Doge coin, has attracted great interest from investors and traders, and that is certainly after it was listed on the most famous platform, Binance.
Although its Total Supply of coin is Quadrillion, it holds a position in the middle of the top 100 coins on Marketcap where it is currently 47.
But what prompted the currency to this great momentum?
After the coin was listed on Binance, it rose significantly, reaching $0.00003, but this time the reason for the coin’s rise was its inclusion on the Coinbase platform a few days ago, which pushed the coin to rise from the price of $0.000006 to $0.000009 before declining again at the time of writing this Post to $0.000008462 .
The news of the inclusion of SHIBA on the Coinbase platform was surprising to everyone, but certainly the main driver of prices and for traders to buy any currency is the news. It seems that Coinbase will not be interested in the currency project as much as it is interested in the current trend, as there are more than a million people interested in it on Coinmarketcap.
My experience with SHIBA
Recently, about a few weeks ago, I bought SHIBA when its price was $0.000009 for long-term investment hoping to return to its ATH but unfortunately a correction wave came from Bitcoin which pushed all currencies down including SHIBA that touched the $0.000006 level.
In order to preserve the principle of HODL, I decided to keep it until the last days, and with the return again to the price of $0.000009, I sold what I had to get out without a loss.
