Shib inu coin

Shib inu coin 2nd highest market cap ??soon to be listed on binance. .


     It's hard to believe that a coin with a max supply of a quadrillion coins is only 2nd in market cap with 37.3B behind ethreum of course,(at time of post 9:45pmest 5/10/21) or is it?  

     Let's think about this for a second. Shin inu has a quadrillion coins for their max supply.  They locked 50% into uniswap and burned the rest to V.B.  The private keys were destroyed so they can never pull them out of uniswap unless they are bought.  This is an ingenious strategy.  It creates a fair market amongst investors and traders.  Not to mention the devs didn't keep any to them selves.  Of course they bought in when they were next to nothing.  Now the news is shib inu will be listen on binance soon .  Wich means hundreds of thousands of new investors .  With such a high supply the price will stay under a penny for awhile with significant gains making it very appealing to not just the novice crypto investors but to anyone who witnessed what doge coin was able to accomplish.   

     Shib inu coins white papers (woof papers) clearly state and I am paraphrasing,  shib coin will be the first coin of its own decentralized exchange but also is an experimental  coin in wich it wants to see how much society along with social media can influence the price of a coin.   Especially a meme coin . I personally would love to see this coin succeed and that is not only because I myself have invested in it.

 

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Cryptologyst
Cryptologyst

I have been investing in and studying cryptocurrencies since 2016. I have a business administration degree from Stockton University. I am a union sheet metal worker as my day job. I love making money.


The Unlimited World of Web3 The Decentralized Web
The Unlimited World of Web3 The Decentralized Web

I will try my best to explain what the decentralized web , web3, the role certain tokens play in this new realm and how the internet as we know it will be forever changed.

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