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$1 Shiba Inu.

15m 43s2,586 words370 segmentsEnglish

FULL TRANSCRIPT

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This video is brought to you by Extra.

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Go to metaven.com/extra.

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Hey everyone, me Kevin here. Oh my

0:05

goodness, Shibba Enu has over doubled

0:07

since we last made a video on Sheba Enu.

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And holy smokes, folks, this is

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absolutely incredible. Take a look at

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Coin Market Cap right now. Sheibba Enu

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coming in at a 138% 7-day return. The

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number one coin on Coin Market Cap for a

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7day return. Absolutely incredible.

0:28

presently sitting up 42% at 6716.

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This is a massive movement from where

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we've previously been trading. In fact,

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if we jump on over to Weeble, take a

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look at the growth that ShibaInu has had

0:42

here. It has been explosive. And in this

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video, I'm going to show you exactly or

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break down exactly why we're seeing this

0:49

explosion, what's happening, why is it

0:52

happening, and can this trend continue?

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First, it's important to know that in

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just as recently as September, Sheeb was

0:59

trading for 675.

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Now, note this is a decimal position of

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one 2 3 4 five leading zeros. 1 2 3. You

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got to you got to look really closely

1:12

there. Five leading zeros uh after the

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decimal there and then 675. So, we like

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to call this in hundreds. So 6750 was

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where sheep was trading in just

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September. Sheeb recently then ran up to

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about 2800 did vac vasillate up to about

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35 and back to 28. You can see here

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sheep really danced around this 28

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level. In fact, if we draw a horizontal

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line around 2750, you're going to see a

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lot of action rubber banding across this

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line right here. This is really where

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she danced was around 2,800. This 2,800

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level will also act in my opinion as a

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very strong level of support in the

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event that sheep does try to come back

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down. Now, sheep did explode starting on

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the 23rd. We started seeing sheep trend

2:02

again and we've now seen sheep run all

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the way up to 6822.

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This is incredible. Some market orders

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here on Weeble have apparently gone in

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for as high as 8,100 for sheep. Really

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incredible. Now, what I'm going to do

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here is I'm going to take a candlestick

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high of about 6,600. I'm going to drop

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that down to our lows of about that 2750

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support. And this should give us a

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little bit of guidance in terms of where

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we might start seeing some resistance

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again for sheeb. It looks like somewhere

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around 9,000 and 13,000 we might start

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running into a little bit of resistance

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again uh for the sheeb. Now, in the

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meantime, folks, why is this happening?

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Why is shee going to the moon? Well, the

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biggest reason right now, and it's very

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evident when we search for it in trends,

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which right now, if you just look at

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Sheba on a worldwide trend search in the

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last 30 days, we've clearly hit a peak

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once before on October 7th. This was

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when I also was invited to a San Diego

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news station to go on live television,

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prime time television, to talk about

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Sheba Inu. This was the last time we

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were trending so well. But now we are at

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a relative worldwide strength that

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rivals the previous peak at 98 is our

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relative strength here. The highest

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interest by country is actually Turkey

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followed by Slovenia, Cyprus and then

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the United States and ne the

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Netherlands. And take a look at this

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folks. The trending searches right now

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are Sheibba Inu, Robinhood listing, and

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where can I buy Sheba Enu? This where

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can I buy Shibba Inu is possibly also

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because a lot of folks are frustrated

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that Coinbase is having issues with

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individuals trying to buy Sheba Enu.

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Coinbase is citing an increase in demand

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for miners and issues with basically

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their systems being able to keep up with

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ShibaInu transactions. It all sounds

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like an excuse to me. I'm tired of

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brokers not being able to keep it up. I

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have to keep things up and you know

4:08

what? I fulfill my obligations.

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Apparently, Coinbase can't handle it.

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And Robin Hood can't seem to even get

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started here by including Shibba Inu.

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they would be very smart to include

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Shibbainu, especially after the disaster

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of earnings they had yesterday with a

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decline, a surprise decline in user

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growth. Well, maybe they wouldn't be

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declining if they would just get what

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the people want on their platform. Now

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before I talk about two very important

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things especially who's now buying into

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Sheba Enu and now back to the latest

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updates on what we're doing and who's

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buying sheep us the people are kindly

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requesting Robin Hood accept she enu uh

4:51

trades. Take a look at this. This is a

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change.org petition. We're currently at

4:55

350,000

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signatures. The goal of this petition is

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to get to 500,000. This is not my

5:01

petition but I am supporting it. If you

5:04

go to metaven.com/change,

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I don't get anything for this. I just

5:08

want to help. Go to metaven.com/change.

5:11

Sign the petition. Drop in your name,

5:13

uh, first name, last name, email. I've

5:15

done many of these change petitions.

5:17

They don't spam you, at least that I'm

5:18

aware of. Uh, and, uh, they're, you

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know, join the petition. Uh, get in on

5:22

the on the petition, be a part of Sheba

5:25

Enu history, and be a part of the army.

5:28

So, folks, what else? like why is

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ShibaInu running? Well, one the

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anticipation that people on Robin Hood

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will be able to buy it. That

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anticipation is leading to this large

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run. On top of that, we have the Wall

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Street Journal. Talk about peak media.

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Okay, the Wall Street Journal and CNN

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talking about Shibainu potentially

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taking over Dogecoin in market cap.

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Folks, that is huge. That would make

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ShibaInu the largest dog coin. And I'll

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tell you folks, if there's any

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competition in life, it is between dogs.

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Okay? People want to see Shiba Inu win.

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Now, why do people want to see Shibba

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Inu win so much? Well, right now,

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Dogecoin is at number 10 with a market

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cap of $ 32.36 billion. Shibba Enu is

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that's Dogecoin. Sheibba Enu is at

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number 11 at 26.43 43 billion. So, we've

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got a little bit to go here. In fact,

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for us to get to this level, let's see,

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2, we need to get to 32 36 / 2643, we

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need to get another increase of about

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24%. So, if we could just have another

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day like today, tomorrow, we are going

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to kick Dogecoin in the butt. Now, why

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is that so important? Well, remember

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folks, Dogecoin, the little dog that's

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on the icon right there for Dogecoin,

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that is a Sheiba Enu dog. Now, Dogecoin

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was created as a copy of Bitcoin with

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some minor modifications. They copied

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the blockchain and the technology, and

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they made a new coin, called it

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Dogecoin, and slapped a picture of a

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Sheba Enu on it. It was designed as a

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complete joke. Now, that means it's kind

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of been left with some higher fees and

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less functionality. Now, I'm not trying

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to bag on Doge. I supported the Doge

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movement. I still support Doge. I don't

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own Doge, though. I'm just going to be

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transparent here. Now, when it comes to

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Sheba Enu, Sheibba Enu was created on

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the Ethereum network. And the beautiful

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thing about this is it supports smart

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contracts. Now, I was a little

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frustrated about how the whole uh

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Shibothi's were first launched. There

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should have been some more transparency,

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but I learned a lot going through my

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experience failing to get a Shibothi,

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which a Shibothi is, of course, a Sheba

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Enu's NFTt. And folks, this is OpenC.

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There is a verified listing for the

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Shibothi's. Make sure you check for the

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one with the check box, not the copies

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or the other misleading ones. Go to the

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Shibothi's. Take a look at this. Right

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now, we've got a floor price of about

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1.339

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ETH. We've got about 10,000 uh items

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here for sale. If we take a look at some

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of the activity here, we could see uh

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volumes and average prices here. We're

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seeing average prices uh somewhere

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around 1.52 ETH right now. And we've

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been relatively stable just above 1.5

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ETH. These right here are some of the

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Shibothi's. We can take a look over here

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and we can go to recently sold. And this

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gives you an idea of some that have

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recently sold. So we've got uh various

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different Shibothi's here. Some of them

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are named, some are not. For example,

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here's one that's the hook. Here's Elon

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Faky. Uh and you can jump on over, for

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example, to this one. This one's name,

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well, this one's not named. It's 6500.

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You've got over here, you've got this

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one named FUD has had an offer here of

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about $4,200, just to give you an idea

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for the ownership of one of these

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Shibothi. Now, another big piece of news

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is the fact that the people buying or at

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least transacting in ShibaInu right now

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have potential institutional

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connections. In fact, according to

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Nansen, a blockchain data firm, about

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160 million USD in smart money has gone

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into Sheba Enu in just the last 7 days.

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That's a big number, folks. And

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according to Santiment, one of the

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leading crypto analytics firms, Sheeb

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Wales are moving digital moving the

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digital asset in very large amounts.

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Transactions worth at least $1 million

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have been skyrocketing since the

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beginning of October. Shibba Inu is also

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trending in China even though it's

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technically banned in China right now

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which is pretty incredible as well. But

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the point is it's so popular potentially

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because of the hope around Robin Hood

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including it potentially around the hope

9:59

that it's going to bypass Dogecoin or

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because of the staking yields that you

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can get that basically ShibaInu is

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running like crazy. Now, if you're not

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familiar with staking, you can go over

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to the Sheibba swap website where you

10:16

can connect your wallet and you can

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stake tokens. You could either stake, in

10:20

other words, berry, sheep, leash, or

10:24

bone. No matter which of the three

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tokens in this system, in the Sheba Enu

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platform, no matter which of the three

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you bury, you will get some form of bone

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dividend for staking. Uh, and it's also

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worth noting that you can withdraw

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onethird of what you've staked, but the

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other two/ird stays locked up for six

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month uh, six months to support the

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network. But in exchange for that, you

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get a yield. Now, we do expect these

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yields to come down. They're excessively

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high right now, likely because of

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transaction volume, but we expect this

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to come down. Now, what's crazy is

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almost all cryptos are down today except

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for Sheibba Enu. We haven't covered this

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yet, but take a look at some of the

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other charts right here, or at least

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look at Coin Market Cap here. Bitcoin

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down 4.9%, Ethereum down four, Cardano's

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down 8.1, Salana's down 7.23, USD coin,

11:21

Dogecoin, you name it, they're all down

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right now. Uh Sheibba Enu is the one

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that's really doing well right now. So

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this gives you a little bit of an update

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on Sheba Enu. Now what do I think? Can

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this can this trend continue? Absolutely

11:36

the trend can continue. Usually when we

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get to the Wall Street Journal, when we

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get to uh peak hope or peak uh sort of

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excitement, it is possible that we could

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see ShibaInu rotate to a lower support.

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If we look at Fibonacci, we might be

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able to see that in the lower 50s uh

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dropping from about 66. We're hoping

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though that she can get to the sort of

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the next decade or the next uh the next

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10x on the decimal place and break

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10,000. That would be pretty incredible

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since right now we're trading at about

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66. And if that happens, we will be

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passing Dogecoin, which would be

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phenomenal. We would take the place as

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the 10th largest cryptocurrency, which

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once you're top 10, it's a pretty big

12:18

deal. It's kind of it gets hard to

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dethrone other coins from top 10. Now,

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uh again, I highly highly recommend if

12:26

you're going to trade this, if you're

12:28

buying hodling this well, if you're

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buying hodddling, this trend doesn't

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matter so much. But if you are trading

12:33

Sheba Inu right now, I highly highly

12:35

highly encourage you pay attention to

12:37

the trend. The trend is your friend. We

12:40

have seen uh Sheibba Inu trade

12:43

completely sideways as soon as social

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media attention has evaporated. It's

12:47

worth noting that it didn't actually

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fall much though. Uh it went to a high

12:52

of about 3500, fell to about 2,800,

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stayed at 2,800 for a consistent period

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of time while we had lower search

12:59

trends. Now trends are blowing up again.

13:01

You're sort of at you're sort of in this

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social mo uh media movement right now.

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But again, also driven by mainstream

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media. Remember CNN, Wall Street

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Journal, Bloomberg, Barren, when they

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start covering sheep, it's a really good

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sign of uh attention to the coin. But

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sometimes it's also a potential signal

13:20

that you might be getting to peak media.

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So just be careful in the event that we

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hit peak media. It is possible we could

13:26

see a rotation to the downside in

13:27

Shibbainu. However, as long as positive

13:30

catalyst continue on the horizon, I

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expect good things for Sheibba Inu. If

13:35

we get a Robin Hood listing, I do expect

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there will be some form of buy the

13:38

rumor, sell the news uh trading.

13:40

However, we could see some new hodlers

13:42

enter the market to at least minimize or

13:44

offset uh that sort of buy the rumor

13:47

sell the news pane. Now, is shee $1

13:50

possible? Well, folks, for sheep to be

13:53

$1, sheibba would have to have a massive

13:57

massive move. And the way we can

13:59

calculate this is actually quite simple.

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So, all what we're going to do is we're

14:03

going to jump over here. See sheibbaenu

14:05

at the bottom there at number 11. We're

14:07

going to take that market cap of 28.91

14:13

billion. Okay, we're going to take that

14:14

number and we're going to take the price

14:16

of sheep. Right now, we're going to

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divide a dollar divided by 0

14:24

6772

14:26

four zeros after the decimal. Then that

14:29

is 14,766.

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Then we are going to multiply that

14:34

number by the market cap of Sheba Inu

14:38

right now of 26.43

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billion. And Shibbainu would then be

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valued at about $390 billion. Is that

14:49

possible? Well, take a look at here. If

14:52

we go to the market caps of various

14:54

different coins, you'll see that

14:55

Ethereum is trading for $471 billion. So

15:00

if Shibba Inu went to a dollar with a

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$390 billion market cap, we'd be sitting

15:07

at the number three coin and we would be

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one of the most popular cryptocurrencies

15:13

in ev that has ever existed and we'd

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only be 1/3 the market cap of Bitcoin.

15:20

But folks, we're going to have to

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convince a lot of people to get to that

15:23

level. In the meantime, thank you so

15:25

very much for watching and we'll see you

15:26

in the next one. Bye. and check out

15:28

those programs down below before that

15:29

coupon code expires. Thanks. Bye.

15:34

[Music]

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