Cryptocurrency Shiba Inu reached the very top of the rankings the most profitable cryptocurrencies for the last period. Even during the summer, many people did not give this project even a few months of existence and it was claimed that it would be an exit scam.
SHIB has made about 1,000 percent appreciation in the last 3 months alone. However, there are also investors who bought this cryptocurrency a year ago at a ridiculously low price. Unknown person by Cointelegraph purchased billions of approximately $ 3,000 SHIB tokens last year.
He made billions on Shiba Inu!
Now all coins have a total value $ 5 billion. There is probably no greater fortune in the world and a man who would get rich so quickly. And he didn’t even need to influence the market, as influential people like George Soros had done in the past. He didn’t even have to work hard 16 hours a day. All you had to do was buy and wait. The price has made the 9th most famous cryptocurrency since its inception 100,000,000% recovery. Virtually Bitcoin has not been able to do such a thing in its entire history (if I do not count the origin itself, when it could not even be bought on the stock exchange, just exchange via peer to peer between people on the bitcointalk forum and the dark web).
If you want to buy cryptocurrencies online, we definitely recommend it use the Binance exchangewhere you have a wide selection of coins and some of the lowest fees on the market. You can still reduce them by 5% if you create an account via >>>this link<<< and about another 25% by buying BNB tokens.
But you have to be careful
After such a big growth, of course, there can be a big decline. Similar to what we saw on the summer at Dogecoine. Likewise, the cryptocurrency SHIB does not explicitly solve some important things that would require attention, so it may happen that the coin will die out over time. Like Dogecoin, all growth is based on meme worldwhich works very well on the internet at this time. However, it does not operate on a professional level and it would be naive to think that SHIB will really compete with, for example, Ethereu, who has 6 years of hard work and a stable community. But one never knows.
Also read: The number of Shiba Inu watchers has exceeded 800,000 – are you one of them?
Disclaimer: This article is for information purposes only and should not be construed as investment advice. Markets are unpredictable and without sufficient knowledge, trading is a gamble. We are not responsible for any losses. Market movements are difficult to predict, so we recommend considering the risk of trading on the stock exchange.
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