$1 Shiba Inu.
FULL TRANSCRIPT
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Hey everyone, me Kevin here. Oh my
goodness, Shibba Enu has over doubled
since we last made a video on Sheba Enu.
And holy smokes, folks, this is
absolutely incredible. Take a look at
Coin Market Cap right now. Sheibba Enu
coming in at a 138% 7-day return. The
number one coin on Coin Market Cap for a
7day return. Absolutely incredible.
presently sitting up 42% at 6716.
This is a massive movement from where
we've previously been trading. In fact,
if we jump on over to Weeble, take a
look at the growth that ShibaInu has had
here. It has been explosive. And in this
video, I'm going to show you exactly or
break down exactly why we're seeing this
explosion, what's happening, why is it
happening, and can this trend continue?
First, it's important to know that in
just as recently as September, Sheeb was
trading for 675.
Now, note this is a decimal position of
one 2 3 4 five leading zeros. 1 2 3. You
got to you got to look really closely
there. Five leading zeros uh after the
decimal there and then 675. So, we like
to call this in hundreds. So 6750 was
where sheep was trading in just
September. Sheeb recently then ran up to
about 2800 did vac vasillate up to about
35 and back to 28. You can see here
sheep really danced around this 28
level. In fact, if we draw a horizontal
line around 2750, you're going to see a
lot of action rubber banding across this
line right here. This is really where
she danced was around 2,800. This 2,800
level will also act in my opinion as a
very strong level of support in the
event that sheep does try to come back
down. Now, sheep did explode starting on
the 23rd. We started seeing sheep trend
again and we've now seen sheep run all
the way up to 6822.
This is incredible. Some market orders
here on Weeble have apparently gone in
for as high as 8,100 for sheep. Really
incredible. Now, what I'm going to do
here is I'm going to take a candlestick
high of about 6,600. I'm going to drop
that down to our lows of about that 2750
support. And this should give us a
little bit of guidance in terms of where
we might start seeing some resistance
again for sheeb. It looks like somewhere
around 9,000 and 13,000 we might start
running into a little bit of resistance
again uh for the sheeb. Now, in the
meantime, folks, why is this happening?
Why is shee going to the moon? Well, the
biggest reason right now, and it's very
evident when we search for it in trends,
which right now, if you just look at
Sheba on a worldwide trend search in the
last 30 days, we've clearly hit a peak
once before on October 7th. This was
when I also was invited to a San Diego
news station to go on live television,
prime time television, to talk about
Sheba Inu. This was the last time we
were trending so well. But now we are at
a relative worldwide strength that
rivals the previous peak at 98 is our
relative strength here. The highest
interest by country is actually Turkey
followed by Slovenia, Cyprus and then
the United States and ne the
Netherlands. And take a look at this
folks. The trending searches right now
are Sheibba Inu, Robinhood listing, and
where can I buy Sheba Enu? This where
can I buy Shibba Inu is possibly also
because a lot of folks are frustrated
that Coinbase is having issues with
individuals trying to buy Sheba Enu.
Coinbase is citing an increase in demand
for miners and issues with basically
their systems being able to keep up with
ShibaInu transactions. It all sounds
like an excuse to me. I'm tired of
brokers not being able to keep it up. I
have to keep things up and you know
what? I fulfill my obligations.
Apparently, Coinbase can't handle it.
And Robin Hood can't seem to even get
started here by including Shibba Inu.
they would be very smart to include
Shibbainu, especially after the disaster
of earnings they had yesterday with a
decline, a surprise decline in user
growth. Well, maybe they wouldn't be
declining if they would just get what
the people want on their platform. Now
before I talk about two very important
things especially who's now buying into
Sheba Enu and now back to the latest
updates on what we're doing and who's
buying sheep us the people are kindly
requesting Robin Hood accept she enu uh
trades. Take a look at this. This is a
change.org petition. We're currently at
350,000
signatures. The goal of this petition is
to get to 500,000. This is not my
petition but I am supporting it. If you
go to metaven.com/change,
I don't get anything for this. I just
want to help. Go to metaven.com/change.
Sign the petition. Drop in your name,
uh, first name, last name, email. I've
done many of these change petitions.
They don't spam you, at least that I'm
aware of. Uh, and, uh, they're, you
know, join the petition. Uh, get in on
the on the petition, be a part of Sheba
Enu history, and be a part of the army.
So, folks, what else? like why is
ShibaInu running? Well, one the
anticipation that people on Robin Hood
will be able to buy it. That
anticipation is leading to this large
run. On top of that, we have the Wall
Street Journal. Talk about peak media.
Okay, the Wall Street Journal and CNN
talking about Shibainu potentially
taking over Dogecoin in market cap.
Folks, that is huge. That would make
ShibaInu the largest dog coin. And I'll
tell you folks, if there's any
competition in life, it is between dogs.
Okay? People want to see Shiba Inu win.
Now, why do people want to see Shibba
Inu win so much? Well, right now,
Dogecoin is at number 10 with a market
cap of $ 32.36 billion. Shibba Enu is
that's Dogecoin. Sheibba Enu is at
number 11 at 26.43 43 billion. So, we've
got a little bit to go here. In fact,
for us to get to this level, let's see,
2, we need to get to 32 36 / 2643, we
need to get another increase of about
24%. So, if we could just have another
day like today, tomorrow, we are going
to kick Dogecoin in the butt. Now, why
is that so important? Well, remember
folks, Dogecoin, the little dog that's
on the icon right there for Dogecoin,
that is a Sheiba Enu dog. Now, Dogecoin
was created as a copy of Bitcoin with
some minor modifications. They copied
the blockchain and the technology, and
they made a new coin, called it
Dogecoin, and slapped a picture of a
Sheba Enu on it. It was designed as a
complete joke. Now, that means it's kind
of been left with some higher fees and
less functionality. Now, I'm not trying
to bag on Doge. I supported the Doge
movement. I still support Doge. I don't
own Doge, though. I'm just going to be
transparent here. Now, when it comes to
Sheba Enu, Sheibba Enu was created on
the Ethereum network. And the beautiful
thing about this is it supports smart
contracts. Now, I was a little
frustrated about how the whole uh
Shibothi's were first launched. There
should have been some more transparency,
but I learned a lot going through my
experience failing to get a Shibothi,
which a Shibothi is, of course, a Sheba
Enu's NFTt. And folks, this is OpenC.
There is a verified listing for the
Shibothi's. Make sure you check for the
one with the check box, not the copies
or the other misleading ones. Go to the
Shibothi's. Take a look at this. Right
now, we've got a floor price of about
1.339
ETH. We've got about 10,000 uh items
here for sale. If we take a look at some
of the activity here, we could see uh
volumes and average prices here. We're
seeing average prices uh somewhere
around 1.52 ETH right now. And we've
been relatively stable just above 1.5
ETH. These right here are some of the
Shibothi's. We can take a look over here
and we can go to recently sold. And this
gives you an idea of some that have
recently sold. So we've got uh various
different Shibothi's here. Some of them
are named, some are not. For example,
here's one that's the hook. Here's Elon
Faky. Uh and you can jump on over, for
example, to this one. This one's name,
well, this one's not named. It's 6500.
You've got over here, you've got this
one named FUD has had an offer here of
about $4,200, just to give you an idea
for the ownership of one of these
Shibothi. Now, another big piece of news
is the fact that the people buying or at
least transacting in ShibaInu right now
have potential institutional
connections. In fact, according to
Nansen, a blockchain data firm, about
160 million USD in smart money has gone
into Sheba Enu in just the last 7 days.
That's a big number, folks. And
according to Santiment, one of the
leading crypto analytics firms, Sheeb
Wales are moving digital moving the
digital asset in very large amounts.
Transactions worth at least $1 million
have been skyrocketing since the
beginning of October. Shibba Inu is also
trending in China even though it's
technically banned in China right now
which is pretty incredible as well. But
the point is it's so popular potentially
because of the hope around Robin Hood
including it potentially around the hope
that it's going to bypass Dogecoin or
because of the staking yields that you
can get that basically ShibaInu is
running like crazy. Now, if you're not
familiar with staking, you can go over
to the Sheibba swap website where you
can connect your wallet and you can
stake tokens. You could either stake, in
other words, berry, sheep, leash, or
bone. No matter which of the three
tokens in this system, in the Sheba Enu
platform, no matter which of the three
you bury, you will get some form of bone
dividend for staking. Uh, and it's also
worth noting that you can withdraw
onethird of what you've staked, but the
other two/ird stays locked up for six
month uh, six months to support the
network. But in exchange for that, you
get a yield. Now, we do expect these
yields to come down. They're excessively
high right now, likely because of
transaction volume, but we expect this
to come down. Now, what's crazy is
almost all cryptos are down today except
for Sheibba Enu. We haven't covered this
yet, but take a look at some of the
other charts right here, or at least
look at Coin Market Cap here. Bitcoin
down 4.9%, Ethereum down four, Cardano's
down 8.1, Salana's down 7.23, USD coin,
Dogecoin, you name it, they're all down
right now. Uh Sheibba Enu is the one
that's really doing well right now. So
this gives you a little bit of an update
on Sheba Enu. Now what do I think? Can
this can this trend continue? Absolutely
the trend can continue. Usually when we
get to the Wall Street Journal, when we
get to uh peak hope or peak uh sort of
excitement, it is possible that we could
see ShibaInu rotate to a lower support.
If we look at Fibonacci, we might be
able to see that in the lower 50s uh
dropping from about 66. We're hoping
though that she can get to the sort of
the next decade or the next uh the next
10x on the decimal place and break
10,000. That would be pretty incredible
since right now we're trading at about
66. And if that happens, we will be
passing Dogecoin, which would be
phenomenal. We would take the place as
the 10th largest cryptocurrency, which
once you're top 10, it's a pretty big
deal. It's kind of it gets hard to
dethrone other coins from top 10. Now,
uh again, I highly highly recommend if
you're going to trade this, if you're
buying hodling this well, if you're
buying hodddling, this trend doesn't
matter so much. But if you are trading
Sheba Inu right now, I highly highly
highly encourage you pay attention to
the trend. The trend is your friend. We
have seen uh Sheibba Inu trade
completely sideways as soon as social
media attention has evaporated. It's
worth noting that it didn't actually
fall much though. Uh it went to a high
of about 3500, fell to about 2,800,
stayed at 2,800 for a consistent period
of time while we had lower search
trends. Now trends are blowing up again.
You're sort of at you're sort of in this
social mo uh media movement right now.
But again, also driven by mainstream
media. Remember CNN, Wall Street
Journal, Bloomberg, Barren, when they
start covering sheep, it's a really good
sign of uh attention to the coin. But
sometimes it's also a potential signal
that you might be getting to peak media.
So just be careful in the event that we
hit peak media. It is possible we could
see a rotation to the downside in
Shibbainu. However, as long as positive
catalyst continue on the horizon, I
expect good things for Sheibba Inu. If
we get a Robin Hood listing, I do expect
there will be some form of buy the
rumor, sell the news uh trading.
However, we could see some new hodlers
enter the market to at least minimize or
offset uh that sort of buy the rumor
sell the news pane. Now, is shee $1
possible? Well, folks, for sheep to be
$1, sheibba would have to have a massive
massive move. And the way we can
calculate this is actually quite simple.
So, all what we're going to do is we're
going to jump over here. See sheibbaenu
at the bottom there at number 11. We're
going to take that market cap of 28.91
billion. Okay, we're going to take that
number and we're going to take the price
of sheep. Right now, we're going to
divide a dollar divided by 0
6772
four zeros after the decimal. Then that
is 14,766.
Then we are going to multiply that
number by the market cap of Sheba Inu
right now of 26.43
billion. And Shibbainu would then be
valued at about $390 billion. Is that
possible? Well, take a look at here. If
we go to the market caps of various
different coins, you'll see that
Ethereum is trading for $471 billion. So
if Shibba Inu went to a dollar with a
$390 billion market cap, we'd be sitting
at the number three coin and we would be
one of the most popular cryptocurrencies
in ev that has ever existed and we'd
only be 1/3 the market cap of Bitcoin.
But folks, we're going to have to
convince a lot of people to get to that
level. In the meantime, thank you so
very much for watching and we'll see you
in the next one. Bye. and check out
those programs down below before that
coupon code expires. Thanks. Bye.
[Music]
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