Shiba Inu Coin is about to Explode! In this video, we are going to take a look at the bombshell that Robinhood CEO just dropped about SHIB Token! and if its a good time to invest now or wait! Enjoy!
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With Bitcoin plunging below 60K and SHIB rising about 20 percent in the past 24 hours.. we are going over why SHIB has been exploding while every other crypto has been in the red… we will also go over some major news from Robinhood that will have some emassive implications for SHIBA inus price, so youre not going to want to miss this one
The Shiba Inu Token was launched in August 2020, but it has lately soared to new heights as a result of Dogecoin's popularity. With Elon Musk leading the way for Dogecoin, a lot of people have been looking for the next big coin, the one that’s going to make them the next Dogecoin Millionaire…. and with a lot of altcoins or memecoins riding on the rocketship of the major cryptos, such as Bitcoin or Ethereum, a lot of copycat style coins have recently come out, some of which have great technology. Now, Shiba Inu has a Reddit community of roughly 157 thousand members and its growing everyday, and it doesnt seem to be stopping any time soon…
Shiba inu is described by its creators as "an attempt in decentralized spontaneous community development." According to the them, SHIB has a total quantity of one quadrillion tokens, allowing users to retain billions or even trillions of tokens. Because of the quantity, the value of a shiba inu may remain much below a cent while bringing even higher profits for everyone holding the coin. Not only that, but Shiba inu also runs on the Ethereum Network, which makes it more trustworthy.
Shiba Inu or Shiba Token is a decentralized token created in August 2020 by an unknown person named as Ryoshi, as an alternative to Doge. Shib then gained rapid traction especially because people love the dog breed Shiba Inu and they also happen to love meme coins, resulting into a snowball effect everyone in social media taking about the coin, not only that. But we also have a Robinhood Listing.. As of October 18th, there are currently, there are close to 300,000 signatures that are hoping to be able to acquire SHIB tokens via Robinhood Crypto on their phones. The greater the number of individuals that sign up and pray for the success of this new coin, the more probable it is to happen.
Robinhood's crypto strategy is among the best in the industry, although it has faced backlash in the past, it’s a solid platform with plans of building a crypto wallet in the future.. Their app now supports seven cryptocurrencies, including Bitcoin and Ethereum, as well as ethereum classic and others.... Such as Dogecoin..
Now, According to their whitepaper, because the coin is a deflationary coin, just like Bitcoin and the up and coming Ethereum 2.0, they started with a maximum circulation of 1 quadrillion tokens (1000 trillions) and burned it down, giving half to Ethereum founder Vitalik Buterin in a 'burn' and the other half to uniswap with the keys thrown away, implying that no developers hold any tokens and that all of them are held by uniswap. But then on May 13th Vitalik ended up donating more than 50 trillion Shiba Inu coins, which were valued at roughly 931 million dollars at the time.
So be sure to watch the video "SHIBA INU COIN: ROBINHOOD Just Dropped a BOMBSHELL ABOUT SHIB TOKEN! - Shiba Inu Coin News Today" To find out more catalysts and if we should be buying this new coin right now!
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