Shiba Inu (SHIB) gaining momentum....
I still remember the craze when SHIBA INU a meme coin got listed on Binance. What a crazy day it was! That particular day, countless users destiny were changed. Many got the taste of riches and ultimately the phrase "crypto can change ones life" stand upon itself.
Needless to say, meme coin was one of those disasters and another reason for which crypto market saw the downtrend. The trend of Meme coin, which many people cherished while at the same time, it became the reason for many people's demise. Amongst all of this, there has been a recent hype about one of these meme coin Shiba Inu, which has been gaining attraction from all over the place. Even whales have been accumulating in this downtrend thus making it a sensation as we speak.
Blue Whale
Getting attracted towards a coin and buying them in bulk in no old news in crypto. Instead, this sort of news has made people curious thus the impact of this has been seen in the market countless times. Which resulted people to go into FOMO. Quite similar aspect is currently happening in SHIBA INU (SHIB) right now.
BlueWhale0073 just bought 86,679,001,529 $shib ($2,111,500 USD).
Why is the whale accumulating such amount of SHIB and that even at this time of the year?
Honestly, I hate it when I miss any sort of chance to make money. This sort of FOMO have left me in massive gains and also I have seen the other side of it as well. So keeping that in mind lets see what is actually happening right now.
SHIB is no doubt, one of those coins which made the impossible possible. The very first attraction of this meme coin was getting listed on Binance. That day everything changed for meme coins industry. Various meme coins rumored about their listings on binance and tried to give their projects some focus but in vain were those efforts. The people aka the community is what making all the difference. The amount of shout outs and the campaign have been gaining a huge attractions which led to many high end crypto exchanges and entities dive into SHIB. Not too late it gained all the attraction it needed. Thus recently it has been gaining the hype once again.
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Robinhood Listing
This was last resort which the community was awaiting for a very long time. Recently robinhood announced the listing of SHIB and the appreciation speaks for SHIB itself. The price movement has been gaining some attention and even big stake holders are finally letting go off their assets. Which is precisely a good news for the community as the top accounts will not be holding the higher percentage of its circulation.
https://www.gfinityesports.com/cryptocurrency/robinhood-shib-listing/
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Most traded token
In a recent news, it has been seen that SHIB has somehow exceeded one of its competitors in terms of most traded tokens. That implies to another story, where SHIB is moving towards some greater heights. Which is challenging to some other coins of these sorts. Keeping this is mind all we can say is, all this time the accumulation period has been going on and with all the nails falling into the right place, now its gaining all the momentum it seeks.
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Land Sale in SHIB metaverse
Well, metaverse is one of those event which has shaken the whole world. Now everybody who are related to crypto probably wants a piece of this virtual world. Following that there seems to be a land sale going on in SHIB.io. There’s a total of 100,595 lands that will be unlocked over time.
MORE DETAILS : https://shib.io/#/
There will be three stages of land sale
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BID EVENT (72 HOURS)
If you are fan of bidding and desperately want the land from SHIB, than this stage is probably for you. The three days bidding period will be quite stressful I believe. In a way this would probably determine how badly users wants lands from SHIB. This might as well determine how the next two rounds would go for the event.
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HOLDERS EVENT (7 DAYS)
Apart from HIVE, I doubt I believe in any other projects now lol. So hodling any other token as of now would be a very big question for myself. But those who are holding leash and shiboshis will get a chance to be a part of this round. Likely a nice strategy to get people obtain some tokens during this 7 day period.
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PUBLIC SALE (OPEN FOR ALL)
This is the stage where things gets interesting. Needless to say there would be competition to get a piece of the pie. But lets see what actually happens for the SHIB army.
All I can say is, there are plenty of options to keep in your portfolio. Some of them can he high risk, high gain coins while some can be safe. But history does says it all, the bigger the risks the bigger the gains on a coin. So DYOR and jump onto it!
This post is not a financial advice of any sorts!
Images used: Shib official websites
Best regards
Rehan
Posted Using LeoFinance Beta
