Mark THIS Big Test for Dogecoin vs Shib!

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well folks we have a lot to talk about

in this video and we are going to talk

about the brand new ceo of dogecoin stay

tuned for that as we talk about the epic

battle that is continuing between

dogecoin and shiv and some pretty

incredible updates that are very bullish

let's take a look at the updates that we

have right after we check a very quick

price action then we'll get into the

updates price action we have over twice

the shiba inu volume happening within

the last 24 hours over 5.2 billion

dollars of volume that's insane yeah we

still sit down about 3.3 percent uh

there's been a lot of dispute over the

circulating supply for sheep which i

will clarify in this video we have

dogecoin sitting at less than half of

that sheep volume at 2.3 billion

market cap difference almost a 2 billion

difference this is with sheep down three

point four nine percent and dogecoin up

almost a one percent at 27.36 and cheap

at 68.73

still got about a two billion dollar

difference here she now holding on to

that number nine spot is doge going to

come back well let's go to elon musk to

see if he can give us a little bit of

guidance which it's worth noting that

elon musk earlier tweeted regarding joe

biden that joe biden quote

talks like an npc with limited dialogue

or a limited dialogue tree

so an npc is a non-player controlled

character in a video game and it's kind

of like a robot that just stands there

yes

hello

so uh joe uh elon musk's been uh going

off on tweets here as he tends to but uh

yesterday this was really interesting

yesterday evening he tweeted a cryptic

1800

year old chinese poem about beans

and you might be wondering kevin why

why are you referring to a tweet from

elon musk that says humankind and then

provides a poem about beans

well it's because this poem uses beans

as an allegory to describe a conflict

between two brothers

could two brothers perhaps be

dogecoin and sheba inu

well to understand that we have to

understand a little bit about this poem

this poem is about two jealous brothers

one is the ruler of one of the warring

chinese states who gives his brother

seven steps worth of time to come up

with a poem as to why his brother should

not be killed

apparently the brother the ruler was so

touched by the poem that he spared his

brother's life

it translates to something like this

beanstalks are ignited to boil beans

in the pot the beans weep

we are born of the self same root

why are you in such a rush to fry me now

elon musk tweeted the word humankind

followed by this poem with no other

explanation

but some have speculated that this is

either a reference to the world food

program

or a reference to cryptocurrencies

which specifically relate to doge

and

being you now just a quick note on this

six billion dollar sidebar there was a

cnn article that said two percent of

elon musk's wealth could help solve

world hunger says the director of the un

food scarcity organization however when

the article first ran it ran without the

word help so it ran as two percent of

elon musk's wealth could solve world

hunger to which elon musk replied and

said really show me exactly how six

billion dollars is going to prevent

world hunger or end world hunger and

that's because two percent of elon

musk's net worth is about six billion

dollars well i did a little research on

this and according to action against

hunger dot org you would need about 16

times two percent of elon musk's net

worth to end world hunger so you need

closer to like 32 percent of elon musk's

net worth to end world hunger which

still makes some people scratch their

heads uh or chins i guess because that's

what i'm scratching but anyway uh

classic kind of uh

mis leading headline here not a surprise

i've had to send a cease and desist

article to cnn for stuff like this but

instead

what if

elon musk's poem did not actually have

to do with

the world food program but instead had

to do with doge and shiba inu folks are

now pointing out that the word bean in

mandarin is actually pronounced doja

and this is leading a lot of folks to

think wait a minute if this poem is

about warring beings or brothers maybe

it's not about solving world hunger

but instead it's a reference to the epic

battle between shebe and

doshcoin

which has also led to renewed

speculation about the market cap for

sheep because folks are wondering hey

why did all of a sudden 155 trillion

dollars or not a trillion coins of sheep

all of a sudden show up on

coinmarketcap.com coinmarket.com all of

a sudden showed instead of a 394

trillion dollar circulating supply they

showed a 39

increase of circulating supply at 549

trillion dollars coinmarketcap came out

and said hey folks don't worry we know

there's a lot of debate about the

circulating supply sheet but don't worry

we just made a mistake we incorrectly

showed what the circulating supply was

to this satoshi kusuma kasama excuse me

says that no sheep tokens were added to

the circulating supply shatoshi has

responded and said he will donate 1

billion sheep to anyone who can prove

that sheep tokens were actually added to

the circulating supply of sheep

and

fun fact one billion sheep translates to

sixty nine thousand dollars now to this

kucoin replied and said that they are

going to be adding sheeb and doge to

their exchange very soon and kraken said

that if a kraken tweet gets 2 000 likes

they will list shebe on their exchange

that tweet currently sits at 63 000

likes so we're expecting sheeb to be

added to both kraken and kucoin as well

as dogecoin over to kucoin now who is

the ceo

of dogecoin according to shiptoshi it is

none other than elon musk the new

chairman of the board and ceo is none

other than elon musk i believe he knows

a little something about money

leadership and meme elon's adorable

wonder puppy floki will be nominated

fake president receiving doge membership

[Laughter]

now for a wee bit of technical analysis

i'm noticing that we're really getting a

rubber band right around the 2715 to

2750 level on dogecoin you can see us

kind of hitting 27.15 here well we hit

27.15 on october 6th

you see us bounce off of 2720

you see us briefly break but come back

down bounce off 27 37 twice

we break but once again then we channel

multiple times bouncing off of this 2730

level and now we're doing what i like to

call the rubber band around where it's

really acting as a resistance level

right here but sometimes when we get

these kind of false starts and these

breakouts i personally call it like the

rubber band it's kind of like you got a

rod you know like a straw right here and

you got a rubber band and you're just

kind of going like this

round and round and round it's like ah

okay so doge really needs a breakout but

so does she but honestly if one of them

moved i think we'd get a break at the

other

the other issue is remember our

fibonacci it has been shiva has been

acting perfectly

in accordance with our fibonacci here i

mean we bounce look at this we literally

came down to

58 38 which is crazy because

we drew this fibonacci before then and

it shows you how this stuff works you

can see that by going through my video

history and then we basically bounced

off this level here which is about the

75-78 level right

and what we've really got the only real

thing i'm noticing right now is we have

a lid we have a little bit of a lid

happening and it's no i'm not loving

this okay but look at this

see this this lid we have right here it

really started here on the 27th this is

on the 30-minute candle on the 27th on

the 28th on the 29th

these are all little touch points here

almost here on the first and here again

on the second

we really got a break above this

downtrend because we're really

consolidating and we're getting squeezed

into the fibonacci over here and if we

break below this we're going to be going

right back to that 58 level right so the

fib is working really well here but i

don't like this lid right now we're

really looking for a breakout at this

point hopefully we get it very soon well

there you have it folks uh that is an

update on shebe and doge what do you

think about the bean story let me know

what you think in the comments down

below and folks we'll see in the next

one thanks again goodbye

[Music]

you