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2000 times in 2 months. Shib makes me doubt my life

Read this article in 8 Minutes
"I understand why Munger hates bitcoin, because I hate shibs, too."

The original title: "Shib makes me doubt my life as it rises more than 2000 times in two months"
Original source: ODaily Planet



If you look at the cryptocurrency that has been the most out of the loop in the past month, with the exception of Doge Dogecoin, its "project of counterfeiting". Shiba Inu (Shib) must be on the list.    


At 15pm today, Binance officially announced that the Binance Innovation Zone will be online Shiba Inu (Shib) at 19pm tonight. News out, once again driven Shib prices rise.


OKEx Euro-easy market shows that Shib pulled up from 0.0000147USDT to 0.0000228 USDT, with a maximum increase of more than 50% in one hour; CMC data shows that the market value of SHIB has entered the top 30, ranking the 23rd, exceeding the old projects such as XMR, NEO and BSV. Shib has risen more than 2,000 times in the past two months. As of press time, the price of Shib still remained above 0.00002 USDT, and "Shib Soar Up" once again boarded the Weibo hot search.



Previously, anonymous SHIB developers had sent 50% of the token supply, or 500 trillion shibs, to the Ethereum foundersVitalikButerin's wallet. With prices skyrocketing recently, the Shib's value in V. God's wallet has surpassed $20 billion. Although V God himself has never done any operation at present, the possibility of replacing Shib with ETH cannot be ruled out in the future.


(V God address)


In addition, there are also a lot of new imitation plate recently began to imitate Shib, have to V God address into a certain amount of cryptocurrency, and declared that V God has held the project token, publicity. At present, there are dozens of kinds of animal coins in the V god address, such as dog coin, pig coin, Pikachu, and so on. Many people jokingly call V god a zookeeper.



Shib price rise, also let the early investors benefit a lot, Shib community holders have shouted out heroic words:


  • 「SHIB 目标价 1 美元。」
  • 「SHIB 才是比特币,才是未来货币。」
  • 「明天再也不用去上班了,SHIB 让我脱离苦海。」

A few joy a few sorrow, the excellent performance of Shib, also a lot of empty regret:


  • 「拿买比特币的钱,去换狗子、狗绳子、狗屎,都自由了。」
  • 「炒币是没有前途的,炒屎才能暴富。」
  • ...

More importantly, Shib's rise, so that many investors on their own investment philosophy, investment logic "doubt". In their opinion, Shib, such as pure air and no development projects, is doomed to be just a bubble, after the carnival is bound to burst; But Shib is hitting new highs again and again, no doubt in the face of his own judgment, mocking that he is the clown.


"I understand why Munger hates bitcoin, because I hate shibs, too." Investors issued a sigh, and said he has been unable to give the new chives investment advice.


"My friend asked me to participate? I said I only dare to play mainstream currency -- it may become top 10 in a few days. At that time, to play or not to play?"


It seems that the old leek seems to pay more attention to technology, product applications, such as landing practice, and many new leek more value celebrity effect. "The vast majority of the whole coin circle project is air. Since it is all air, isn't it sweet to buy the air blown by celebrities? After all, Musk is calling for orders. Doge, SHIB."


This is indeed the case. The Doge and SHIB in the circle are more supported by the celebrity effect of Tesla founder Elon Musk. Plus the current encryption market hot, new leeks at home and abroad began to enter, the unit price is low and the circle of DOGE, SHIB, naturally became their first stop to test the waters. It is no surprise that the two prices have been hitting new highs, fuelled by waves of buying.


But how long this trend can last is anyone's guess. In particular, all kinds of imitation plate began to rise, whether it is a wealth myth, or the relay, we will soon meet.


Here, Odaily planet daily friendship reminds, investment needs rational, leverage needs to be cautious.


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