Shiba Inu Token (SHIBUSD)

[aCryptoKing]

With a very simple answer that its numbingly surprising how often this comes up as an OPEN QUESTION: Short-interest, FUD, ignorance, catalysts, & flippers/scalpers/swing-tech traders all playing their part.

1. Ku-Coin ran an ACTIVE campaign. Soliciting shorts. Advertising for them. Offering rewards & bonus incentives, 3-5x leverage on money, etc.. All post ATH run after Kracken offered a listing challenge; then failed-to-deliver (tanking into compliance) & disappointed.

2. Blanketing FUD, from Motley Fool(s) throughout the Crypto market to disparaging 'joke', 'meme coin' commentary meant to discourage investment (for the ignorant, uninitiated & uninformed), targeting their readership.

3. The catalysts have been discussed. When there is a LULL or absence of immediate, short-term catalyts, the short-interest feels more emboldened to advantage. Thinking the equity/financial instrument isn't likely to organically move against their position. And that if they FUD they can cause panic, fear, uncertainty & doubt enough to move the needle & gain downward momentum.

4. Flippers, scalpers, swing traders & the like REQUIRE & ENCOURAGE volatility. So notice the irregular "seasonal commentary" or lack thereof (depending upon where they may be in their trade). The 'negative nellies' with their gross agenda: With questions they never answer, for example, lest they implicate themselves. They don't care about the stock, investment, company, community, etc., but swinging sentiment in their favor for their exclusive benefit.

What's important is that WHALES & other investors are putting a bottom in. And that Shytoshi & Ryoshi have BOTH announced a massive historic network burn in a few weeks. And the subsequent foray into the OshiVerse Metaverse. What matters is that DESPITE the claims of SHIB being a 'joke', 'meme-coin' throughout the media reports, those who've been paying attention are ACCUMULATING. Understanding that in 14mos since SHIB arrived, there has been WAY TOO MUCH work, planning, organization, focus & commitment for this to be a joke. In fact, there is MORE UTILITY being added regularly with SHIB that some have already rewarded #SHIBArmy, like this:




After Dismissing Dogecoin, Bitstamp Lists Rival Shiba Inu (SHIB)

Shiba Inu’s adoption grows as yet another major cryptocurrency exchange announces support – this time, it was Bitstamp.

Bitstamp Lists Shiba Inu (SHIB)
According to the official announcement, Bitstamp will enable its users to trade SHIB against the US dollar and the Euro, i.e., SHIB/USD and SHIB/EUR. On December 8th, the exchange started deposits and withdrawals for SHIB. The following day, users were allowed to place and cancel limit orders.

On the same day, Bitstamp will also begin order matching, and trades will be executed normally. After the order books gather the necessary liquidity, the exchange will facilitate all order types and card purchases for the latest crypto trading pairs as well.

Launched in 2011, Bitstamp is one of the oldest cryptocurrency exchanges. It had always focused on regulatory compliance and is known to support fewer coins on its platform. Hence, listing SHIB is somewhat of a big deal. While trading platforms such as Binance have listed several lesser-known tokens, Bitstamp, on the other hand, has mostly stayed away from the altcoin craze.

Earlier this year, it had dismissed Dogecoin (DOGE) listing claims citing Tesla Chief Elon Musk’s influence on the crypto-asset. While stating that all the tokens listed on Bitstamp must go meet strict criteria, the platform’s chief executive Julian Sawyer outlined DOGE’s price reacting strongly to the billionaire’s tweets as the reason for not adding the OG meme-coin.


SHIB’s Steady Adoption Curve
Shiba Inu has emerged as one of the most popular altcoins this year owing to a pretty consistent adoption curve. Prominent cryptocurrency exchanges Kraken and Gemini added support for SHIB in November.

It also received a major boost from retail giant Newegg, which extended support for the memecoin for payments on its platform this month. The world’s largest movie exhibition company, AMC Entertainment, also agreed to accept SHIB in the first quarter of 2022.

More recently, Ava Labs’ Avalanche Bridge announced support for the crypto asset. This tool essentially lets users transfer ERC20 tokens from Ethereum (ETH) to Avalanche’s C-Chain and vice versa.

https://cryptopotato.com/after-dismissing-dogecoin-bitstamp-lists-rival-shiba-inu-shib/

SHIB associations now include:
[] NEWEGG
[] Kracken
[] BitPay
[] AMC

[] PlaySide (Disney, Pixar)
[] Volk & Activision
[] Physical CARD Merchandising, in our future NFT-Gaming Play
&
[] FAR MORE certainty than we had when SHIB ran up to $.000089

[] AND, ...we've a MASSIVE BURN announced! By Ryoshi (Founder) himself, & Shytoshi (Lead Developer).

Markets will not always operate RATIONALLY. But if the stock is putting a BOTTOM around this $.000033 area, & we now have FAR MORE certainty (at this lower price level) than we did a month or so ago (as SHIB was flying towards the $.00009 level); then BE THANKFUL!

There is NOTHING to do but ACCUMULATE what you can & WAIT for the PAYOFF! It's coming! There is FAR MORE UPSIDE here. Don't be fooled by the nonsensical rhetoric & stay the course,...OR PLEASE continue to do your OWN DD & let US know what you find! And answer your own question(s).


That being said - Perhaps the more important question is: WHY ARE WHALES BUYING? These are folks, companies, business-people with FAR MORE ACCESS to data, resources, insights & tools which rival regular 'ole retail. Why are THEY BUYING HERE? What are they seeing?

The ENTIRE "float" or Circulating Supply is being traded in this $.000033 range. Same as before. When in the $.000028 - $.000032 range before we went CAREENING into the $.000089 level. Why? Why don't they join the shorts?





SHIB ACCEPTANCE: https://investorshub.advfn.com/boards/read_msg.aspx?message_id=167009812

SHIB CATALYSTS:
https://investorshub.advfn.com/boards/read_msg.aspx?message_id=167072377