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It's looking like it by the day. Just can't believe or trust the CEO.
What it going on with the never ending 1s?
Liked..."I asked for the opportunity to 'do good by others' regardless of race or sex."
Good Luck to You
Let's keep the reminder going!
I'm definitely ready!
I want to enjoy my Shib before 91!
Ok,
I believe we will get there much sooner!
Good luck to all!!!
Wow, $1 in 9 years?
Hmmmmmm, that's not too far away?
You bet ya!
Seamus chop our money! Seamus chop our money! He doesn't care...
Anchors aweigh!
You bet ya, it could!
Yes, RH may list Shib very soon. It could be at anytime. JMHO
God luck!
Shiba Inu Gets Major Merchant Adoption Boost with BitPay Integration
Hassan Maishera
Fri, December 10, 2021, 8:09 AM
Shiba Inu was attacked a few days for being a useless cryptocurrency, but the token has gained huge adoption since that time. It is now becoming easier to pay for goods using Shiba Inu thanks to the adoptions.
SHIB Dips Despite BitPay Adoption
The cryptocurrency market has underperformed over the past few hours, with the prices of most coins down by more than 5% during that period. Bitcoin is currently struggling below the $48k level while Ether is down by over 4% in the last 24 hours.
BitPay, one of the leading payment processors in the cryptocurrency space, announced yesterday that it had now added SHIB to the list of cryptocurrencies it supports. This means that SHIB holders can now pay merchants using the token.
ATTENTION: #shibarmy, we’re excited to announce consumers can now pay and merchants can immediately accept Shiba Inu (SHIB) for payments. Read more: https://t.co/xnWbmqMdzX #SHIB #shibainu #crypto pic.twitter.com/zCretwh87S
However, the adoption news didn’t affect Shiba Inu’s performance as the token’s price is down by more than 4% since BitPay announced the integration yesterday. SHIB’s performance has been affected by the broader cryptocurrency market, which is currently in a bearish trend.
SHIB’s technical show that the token is currently underperforming. The MACD line is dip within the bearish territory, and the token needs to rally if it intends to go back to the neutral zone. The RSI of 36 shows that SHIB is currently oversold and could record further losses in the coming hours. Shiba Inu is trading below its 50-day simple moving average, and the price oscillator is also negative at the moment.
Shiba Inu is Gaining Adoption
Earlier this month, Wolf of Wall Street, Jordan Belfort, attacked Shiba Inu, calling it a shit cryptocurrency. He said some of the creators of the meme coins deserve to go to jail for creating useless cryptocurrencies as the coins have nothing to offer.
However, Shiba Inu has been in the news for positive reasons since then. Shiba Inu is set to undergo a massive burn in the coming weeks as it prepares to enter the metaverse space. Furthermore, Shiba Inu’s partnership with Travala means that the coin is now accepted as payment for its numerous products and services. Travala provides traveling and hotel booking services to millions of customers globally, and the customers can now pay for the services using SHIB tokens.
This article was originally posted on FX Empire
The fundamentals are strong...It takes time for everything to come together.
Breaking News! Breaking News! Breaking News!
Shiba Inu Oshiverse Announcement Turns the SHIB Crypto Into a Metaverse Play
Shiba Inu is tapping a reputable video game developer for its very own metaverse
By Brenden Rearick, InvestorPlace Assistant News Writer
Shiba Inu (CCC:SHIB-USD) is not playing a game, or is it? After leading the pupcoin charge through the latter half of 2021, the SHIB token is a lot higher in value than it was at the beginning of the year. Yet, the crypto needs something to spice things up and remain both trendy and on-brand. Investors are pleased to see the SHIB crypto will be able to retain that balance; a Shiba Inu Oshiverse announcement today shows the token is not just another pupcoin but a metaverse play as well.
Shiba Inu has been kicking around ways to beef up its ecosystem since mid-summer. In the second half of the year, it launched its own decentralized exchange (dex) called ShibaSwap; meanwhile, it continues to find its token listed across more and more exchanges around the world, broadly increasing exposure. It is now even partnering up with retail trader favorite AMC (NYSE:AMC) to allow SHIB as a movie ticket payment method.
What’s next, then? Well, developers have obviously been taking note of the biggest blockchain tech of recent months. Following in the footsteps of networks like Polygon (CCC:MATIC-USD), which has exploded in recent weeks, it is creating its own layer-2 solution. The Shibarium layer-2 projects will allow Shiba Inu to have its own blockchain, vastly increasing the potential for future growth.
Now, a new project, the Oshiverse, stands to be one of the most ambitious projects undertaken by Shiba Inu developers. Planned for launch on the layer-2 Shibarium chain, the Shiba Inu Oshiverse will help the token compete in a new and booming crypto niche. This morning, developers are invigorating investors as they announce the gaming studio that will help develop the metaverse.
Shiba Inu Oshiverse Gets Triple-A Video Game Developer
Late November saw Shiba Inu announce its intention to step into the non-fungible token (NFT) gaming and metaverse spaces. However, since then, developers have refused to take their foot off of the gas. Their appointment of William Volk to the leadership role of the Shiba Games studio has investors’ interest. Now, its announcement about the Shiba Inu Oshiverse is causing even more excitement.
Shiba Inu leaders are announcing on Twitter this morning that Playside Studios will lead development of the Oshiverse. The Australian game maker specializes in mobile and virtual reality titles; given William Volk’s history as a mobile developer for Activision (NASDAQ:ATVI), this makes total sense.
Metaverse cryptos are on a meteoric rise in the midst of tech giants adopting metaverse platforms. Facebook’s rebrand to Meta Platforms (NASDAQ:FB) evidences the size and potential of this industry; many companies see the virtual space as the next step for social media. SHIB’s adoption of this technology allows it to compete with other metaverse tokens like Decentraland (CCC:MANA-USD) and Axie Infinity (CCC:AXS-USD); tokens like these two have seen multi-hundred or even thousand-percent gains in recent months.
On the date of publication, Brenden Rearick did not have (either directly or indirectly) any positions in the securities mentioned in this article. The opinions expressed in this article are those of the writer, subject to the InvestorPlace.com Publishing Guidelines.
Hell Yeah!
Breaking News! Breaking News! Breaking News!
A crypto whale scooped up 50 billion shiba inu as the meme coin slumped this week
https://finance.yahoo.com/news/crypto-whale-scooped-50-billion-151832537.html
Awesome...congrats!
This CEO is worthless...he keeps kicking the can down the road.
Investors shall have the last laughs.
The CEO thinks he is smarter than everyone, but we will have our day in court.
Seamus Chop my Money! Seamus Chop My Money...I don't Care!
Can we hold off until early 2022 before take off? I need to add more to 1 billion shares.
If not, I can understand...
I hope the CEO is not looking for a holiday party money.
Are we toast or not?
We are toast, folks.
I just don't understand this CEO.
We are done!
I hope no 3rd WW!
We don't need No More War! Noooooooooo More War!
Based on your assessment, $100 Shiba will also be worthless.
Well they said that about Am* and GM*
Anything is possible!
Yes, it's possible $13 projection could be in play short term. Your take?
Let em Burn!
Hell Yeah!
Shiba Inu to Burn Some Coins and Enter the Metaverse Space
Hassan Maishera
Sun, December 5, 2021, 1:39 PM
Shiba Inu is one of the leading cryptocurrencies in the world, following its rally since the start of the year. It is also the second biggest meme coin in the world, and it now wants to expand its presence in the cryptocurrency space.
Shiba Inu to Undergo Massive Burn
Shiba Inu, one of the leading meme coins in the world, is expected to undergo a massive burn in the coming weeks. The burn is expected to reduce the total number of SHIB coins in circulation. At the moment, there are 589,736,561,989,744 SHIB tokens as the total supply.
Shiba Inu’s founder, Ryoshi, revealed that the burn is expected to pave the way for the project to enter the metaverse space. The metaverse space has become one of the fastest-growing in the cryptocurrency space, thanks to the entry of social media giant Facebook.
Ryoshi revealed that The Shiba Inu Core Devs (SICD) is working towards developing its metaverse known as “Oshiverse.” “The anonymous developer stated that “We are working on so many aspects of Shiba Inu including Shibarium, Shi, Shibanet, The Decentralized Shiboshi Game, Incubator and much more that won’t become evident until the near future.”
SHIB Continues to Underperform
Shiba Inu has underperformed in recent months. Over the past month, SHIB’s value has dropped by more than 40%. SHIB is currently trading at $0.0000358, down by more than 50% from the all-time high it achieved a few weeks ago. In the past three months, SHIB’s value has increased by 375%.
However, SHIB’s technical indicators show that the cryptocurrency is currently underperforming. The RSI of 38 shows that SHIB is heading towards the oversold region. Meanwhile, the MACD line is below the neutral zone, and SHIB is trading below its 50-day moving average at $0.0000478.
If the current momentum is maintained, then SHIB’s value could drop lower over the coming hours. The cryptocurrency could drop below the $0.000030 level in the coming hours and days unless the market recovers.
This article was originally posted on FX Empire
I seldom make a bold prediction like this, but we may soon see a jaw dropping move here. Instead of losing one zero, we may see two zeros being dropped in the next breakout. No insider information, just a bold prediction based on what has been happening behind the scenes. JMHO
Good luck to All!!!
Awesome...blessings!
Why is that?
Very well, I'm happy we are having these discussions because of our new Shib Army recruits or novice investors. Knowledge is power, and I want all of us to win the battle.
I am here for the long haul...I'm looking forward to retirement from the Shib Army after 10 years of continuous service.
Good Luck to All!!
I kept asking myself if the goal is a penny, then what will happen after it we get to a penny? Will Shib crash because everyone will be trying to sell and some won't be able to sell at all due to a massive exodus?
Hmmmmmmm!
Pumpers paradise...that's what they are!
Yes, RH could be announced, hopefully, very soon!
All Cryptos are down, not just Shib.
Shib can't continuously be on the upswing. It's not possible.