Gonna see one of the greatest rug pulls in the history of crypto here. What price does it happen. No way in hell with 500 trillion token everyone gets out alive. Enjoy the profits. Dont get greedy. Youll be holding 550 trillion bags you do. Ripe for GREATEST RUG PULL EVER.
Shiba Inu SHIB , touted as a Dogecoin DOGE killer, is going from strength to strength. Following its record run on Sunday, the meme currency hasn't lost any of the momentum and is headed higher yet again.
What Happened: Shiba Inu, which touched an all-time high of $0.000044 intraday Sunday, ended the day at $0.000036. The crypto retested the $0.000044 level yet again on Monday but could not break above the level. Profit taking at the day's high pushed the currency lower and it ended the session at $0.000042.
Some blamed the pullback on Elon Musk's reply to a tweet highlighting a Benzinga story on Doge's popularity. Musk said in reply that Doge is the people's currency and he supports Doge.
After moving sideways, Shiba Inu began to rally hard in the last few hours and scaled a fresh all-time high of $0.000048 Tuesday.
Tuesday's volume is lower at 9.2 billion compared to Sunday's 15.34 billion.
5 David Rhodes - The subject of NFTs, Crypto,
In comparison, Doge was seen trading 3.07% higher at 27.023 cents. Bitcoin BTC was seen slipping 0.4% to $62,424.40, off the all-time peak of $66,930.39 reached Wednesday.
Related Link: Clamor For Adding Shiba Inu To Robinhood Grows Louder As The Meme Crypto Shoots For The Moon
Shiba Inu's Market Cap Closes In On Doge: Shiba Inu's market cap is $18.579 billion compared to Doge's $35.579 billion. If Shiba Inu trades with continued upward momentum, it is likely that crypto traders will move money out of Doge to Shiba Inu, adding further strength to the rally.
Another catalyst that could offer strong support to the rally could be Robinhood Markets, Inc.
HOOD +1.49% listing Shibu Inu.
At last check, Shiba Inu was seen jumping 22.14% to $0.000047.
Oct. 26, 2021 10:21 AM ETSHIBA INU (SHIB-USD)By: Max Gottlich, SA News Editor Happy shiba inu dog on yellow. Red-haired Japanese dog smile portrait Irina Vaneeva/iStock via Getty Images
Shiba Inu (SHIB-USD) surges 15% to a new record high after an anonymous ethereum (ETH-USD) whale bought 276.6B SHIB token on Monday evening, according to Whalestats. Shiba (SHIB-USD) reached as high as $0.0000484 per token earlier on Monday before pulling back slightly to $0.000046; the move has brought the digital coins' market cap rank to $18.1B, the 11th largest in the crypto universe, according to data from CoinMarketCap. The ether whale's Shiba (SHIB-USD) tokens were valued at $11.51M, now valued at ~$12.72M. "We haven't seen a whale transaction THIS BIG in quite some time," Shiba Inu News said in a tweet on Monday evening. "This is massive and send a clear signal that He/She knows something is coming." Shiba (SHIB-USD) marks new all-time highs despite Elon Musk revealing he doesn't hold the crypto, but he does own bitcoin (BTC-USD), ethereum (ETH-USD) and dogecoin (DOGE-USD). Previously, (Oct. 18) Shiba Inu climbs 15% after Elon Musk tweets again. Now Read: Shiba Inu dips from all-time high after Elon Musk reveals he has none
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