The past 24 months the Dow Jones has performed mediocre to that of the Cryptocurrency markets. In the meantime, Shiba Inu's #SHIB tokens have gained over 16,000,000%, based on a price of $0.00008220 per token. This gains out performs the world stock markets by almost 16 million percent.
What caused SHIB to literally spike 16 million percent and is it sustainable? We believe it is sustainable but let’s have a look to why #SHIB had this massive increase in gains and what is ahead:
1. Today, more and more exchanges have added SHIB to their platforms. More accessibility means improved liquidity, social acceptance, brand recognition, and a growing SHIB community pushed by exchanges around the world.
2. The activities related to the decentralized exchange ShibaSwap encourages traders to stake their SHIB coins.
3. The absence of a SHIB ETF is great news for SHIB traders. While Bitcoin claims to have only 21,000,000 coins, the ETF approved Bitcoin trade platforms literally ensure Bitcoin is now in unlimited supply because 1 single Bitcoin can now be traded 100x without the need to have a physical Bitcoin in your possession. That’s how ETFs work, they create contracts based upon thin air and based upon the fact that they can randomly sell 1 x Bitcoin to 100+ investors - what a joke really.
So SHIB, not having an ETF, makes it way more lucrative and a better bet for the man on the street, the soccer moms and dads.
SHIB will go on to create life altering gains and will most likely set the smart investor FREE. As usual, this post is not financial advice but merely an opinion created by the writer.
The two under the radar cryptocurrencies that could outperform SHIB is no doubt #FLOKI and #DOGE coins. We are going to add #AKITA to this group too. We are going to add But I will not bet on one single coin. The cryptocurrency markets are starting to heat up again and one should trade with a clear plan in place, with stop limits, undergo some training and education. Here at BitcoinTAF.com we make sure you understand technical indicators, and when you have completed a Hodlnots Training course, there is nothing stopping you to reach your unlimited potential.
So, let the naysayers of #SHIB be out there shouting not to buy SHIB while we trade it up and down and take profit the whole time.
After all, Wall Street is only interested in ETFs and we hope they stay away from the people’s coin, SHIB. Till then, I personally see now issue with SHIB and we could see another runup to $0.001 for a 2000% gain. It won’t stop there.
However, there is a warning! In the latest Live Recording from Senior Analyst Marius Landman, at BiotcoinTAF.com, he warned about an impending drop coming by 2022. To get some extra data re this potential pullback, and a point where you really want to take profit, protect your investment, join BitcoinTAF.com and get access to the Long-Term Trade Reports by Marius Landman.
For now, if you are new, start with the Hodlnots Training by Wendy and the Hodlnots team. You won’t be disappointed.
The Team at BitcoinTAF.com
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