SHIB Shot up HUGE today after Elon tweeted about his DOG!
Actually today's spike was not all just due to Elon's tweet, it was partially fueled by SHIBA's latest coin burning strategy pertaining to NFTs. SHIBA developers came up with an Autoburn algorithm to cut the tokens out from the circulating supply through a "Shiboshis" NFT mint process. One of the burn mechanisms will allow users change the name of their acquired NFT in exchange for a token burn.
https://www.thecomprehensivepost.com/2021/09/lead-developer-revealed-shib-burn.html
There's so much excitement these days surrounding Shiba Inu, any news, tweet, or mention can send this stock careening up, and crushing short sellers! OMG, it goes to show how HODL works with SHIBA!
While most other coins and stocks are red on the day, SHIBA comes to our aid! πππππππ
Wow, all I know is that next time SHIBA dips, I'm going to continue to back up the truck and stock up on more!! I β€οΈ SHIBA!!
I'm glad I still staking SHIB on Crypto.com! πππ
My little Crypto.Com account is growing, thanks to SHIB!
What really helps me HODL is the Crypto Earn staking!
My strategy in Crypto Earn is to stake as much as I can, at least 12-24 lots of SHIBA INU. I have been staking twice a month, in a few accounts, so that every two weeks a batch of Shiba Inu will be released to me. That way I always have an option to sell a batch in the future, otherwise I simply keep rolling them over back into staking, until SHIBA reaches my desired price target. It seems the longer I HODL, the more gains I have the chance to take, how else am I going to hold this all the way up to a penny!
SHIBA INU unleashed!!
One thing I learned in Crypto is that it's better to HODL long term, but if you love to play the game and trade some, it's ok to sell a little on the way up, never more than 30%, because you never know when the rogue spike will hit like today, rocketing the price up forever, like BTC has been doing for a long time now! SHIBAs are like little BTCs, SHIBA is a deflationary currency with burns, so as fast as many SHIBA get retired forever each day, the price will fly higher and higher... forever! One day SHIB will be at a penny, and in the distant future maybe even one whole dollar a piece!
This Shiba Inu will make me crazy :D
$WINE
Cheers~
SHIB going to the moon. Evergrow coin too!
Yeah... That's very good news.
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Difficult to understand, but the results are there. I still think it is risky, though
I understand it, it's all about the following and community. I have been posting about this coin going up for a long time now. It's doing exactly as I expected.
Yes, this coin really performed very well.
That twitt made you win some big profit, but still is a quick hipe...
Haha, yeah maybe, i'm riding this HYPE to the sun!
To Neptuno and Beyong my friend. Win all money you can :)
SHIB lookin' not too Shabby!
Hope you earn a lot and know when to drop out :)
Yeah I know, you have the eye for the short run on SHIBA!
This kind of exciment and suddent popularity tend to be answered with a suddent plop when people lose interest, keep that on mind, people have short memory...
This is cool to see. Take it to the moon.
No better imvestment compares to holding.
I try to stake as much as possible most of my token in a day, so i dont end up selling most of it just for small pennys
Wow! Staking is so powerful! This is getting to be a powerful crypto!!
Good for you!!
Yeah it helped me here on HIVE too. It's just too easy to sell little spikes early when your coins aren't staked, and are sitting around in a wallet. This way they will be there in the future, and more importantly safe from myself. I do trade a lot of shiba on the side, any time I see a dip I buy in Webull and Voyager, but I try to make a lot of small profits in there, it's pretty fun too. I'll be buying the dips for sure, SHIBA still very cheap! haha
Useful information . thanks for sharing.
thank you for sharing the news, have a nice day and great trading
I think shiba is the best coin of this year.
Greetings @coininstant, thanks for the information since sometimes this type of action costs a lot to understand and more when we do not follow certain crypto.
This is the word that identifies me HODL and I add this other PATIENCE, and it is not because I am 23 years old as some of my friends say that they are somewhat older, it is because my grandmother taught me and what I learned is not forgotten. , and in this topic of cryptocurrencies it has helped me a lot
I wish you a happy start to the week
Nice one keep up
!WINE
!LUV
!PIZZA
!BEER
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Looks like you were right all along!
Yeah looks like SHIBA should still double from here to 4200, and maybe even break out to the new ATH!
Yeah boom boom βΊοΈβΊοΈπ₯ππππ
May be buy for 10-20 $ and leave it there, to reach to a penny π
Thank you very much for sharing information, have a good day and a great mood
Good one, a great information from you.
Interesting!
Thanks)
Great information posting
I was informed that shiba would be pumped. But I don't like shiba. Thay's why I didn't hold it.
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I was just reporting the facts of the day, that was the news, part of the reason why SHIBA began this mega short squeeze / rally. The pump is mostly a result of built up pressure caused by the token burns though, which enabled Shiba's circulating supply to get low enough to rocket. It is important news, it effects the price of shiba, so people should be informed. It's true he tweeted about his Shiba Inu dog, and then the currency began to trend on twitter and social media. I noticed a trend, first the pump SAITAMA, then they shift the gains over into SHIBA, and then soon it will move back into SAIT, it seems to be a pumping engine.