It is expected that shiba inu would become a vast currency that everyone would be looking up to with the growth of more than 70 percent. No one can ignore the potential of sheba e new coin. After so long, elon musk jumped back to crypto market and tweeting. His interest in indirect ways how these tweets from elon is affecting shiba enews price. What price can we expect in this last quarter of 2021? Will elon musk make millionaires again? These questions will be answered in todays video. We will also discuss which tweets from elon musk helped shiba inu to get this much hype. So, stick to the end, because todays video is full of major updates, also were giving away 200 at the end of the month to our two random subscribers to start them on their crypto journey to enter. All you need to do is like the video subscribe and comment. Your favorite crypto coin in the comment section down below so without further ado lets quickly check todays price action of shiba inu. The relationship between elon, musk and sheba has always been amazing. The slightest mention of the shiba inu breed was enough, as the price immediately flew up and sometimes even very strong. For example, he stated that he had chosen a nickname for his shiba inu puppy. His name will be floki in early may. Elon musk first announced that he intends to take a siba inu puppy. Then the cost of the shiba inu cryptocurrency increased by 68 per hour.

Elon musks influences via twitter. It is also worth noting the influence of elon musks tweets on cryptocurrencies, for example. There was already a moment when the sheba token rose in price by 70 in an hour after elon musks tweet about a puppy, as we already understood, musk loves to flirt with cryptocurrencies, but he liked shiba inu earlier. The relationship between elon, musk and cryptocurrencies had calmed down, but he is back now with amazing, supporting tweets for shiba inu. So what exactly he tweeted, how it affected? Shiba inu price. Yesterday, elon musk posted a tweet about shiba inu breed dog image sitting in a tesla car. His this tweet helped shiba inu, floki, inu and somehow dogecoin to get new heights in this quarter. We all know that elon musk manipulates the crypto market by such tweets. Few crypto experts are saying that this tweet could mean that he is going to accept shiba inu as a payment method for tesla, whatever the reason could be, shiba inu got a new height and raised by more than 80 percent in just 24 hours. What are your thoughts about this? Do let us know in the comments section down below. It is interesting to note that shiba inu 24 hour trading volume on binance surpassed bitcoin, ethereum and usdt. This news has been reported by a shabarmi member milkshake, with a link to you today, news as per this news, shiba inu, a dogecoin knockoff, has become the most traded cryptocurrency on coinbase in less than a month after it was listed on the leading u.

s exchange. Shibs 24 hour trading volume is currently sitting at 1.3 billion dollars gaining a comfortable lead over bitcoin with 774 million dollars after soaring over 80 within 24 hours. The k9 coin has once again entered the top 30 largest cryptocurrencies by market cap. Overall, its daily trading volume has jumped a whopping, 553 percent in just one day. Another interesting and very important thing to notice is that sheba army is raising its voice over social media and the shiba inu hype is back even hashtag. Shibami is trending number one in the united states. The involvement of celebrities like elon musk can definitely manipulate the price of these meme coins. This is not first time elon posted about shiba inu. Last month, elon musk, ceo of tesla, announced the name of his shiba inu puppy on twitter musk, who is quite active on social media and tweets about anything from electric automobiles to space exploration to cryptocurrencies to his 60 million followers said that maeshiba inu will be named. Floki sheba with its 2500 run in may it exemplified that it can surprise investors with confounding gains. Such statements by famous celebrities affect the crypto market as millions of people make decisions about buying and selling crypto assets by their statements. Everyone is familiar with what happened with dogecoin in the second quarter of 2021 and how elon manipulated the price of dogecoin to hit its all time high. What about the future of shiba inu coin, any currency or cryptocurrency future depends on its usage in real world and projects developers are working on.

We all know that we can use sheba e new coin as payment on amazon, ebay, alibaba and other online stores using Not only this, we can use shibae newcoin in local stores and online payments using the gateway. Anyone can embed this payment gateway to their online or local store. Further ryoshi and his developers are coming with their own blockchain technology, embedded with more tokens specifically into the shiba inu ecosystem. Further shiba inu will be an algorithmic stablecoin, which will be the global exchange of significant value for ordinary people. Stable coins based on algorithms, also known as algorithmic coins or sagnorage coins are not backed by any collateral, rather than that, they intend to protect a tokens value by utilizing launching algorithms that adjust supply in response to market conditions. Ryoshis visioncoin is expected to be released following the establishment of shibarium, but it may also be launched on etf and bridge in the future. The ultimate goal is for it to work on and to create a global, stable currency that can be used as both a store of value and a method of payment for a financial ecosystem. So how sheba price will react to this in near future? As we know, price depends on supply and demand. Currently, the token supply of shiba inu is so large that even the whole worlds economy itself cant help sheba to hit one cent mark. So how ryoshis plan can help shiba inu as per their algorithmic approach? An auto burn system, the coin will face scarcity and token supply will reduce, which will definitely increase the price of each sheep token.

But is it a good time to invest in such a volatile coin created as a joke? The shiba inu coin has more than 600 000 holders. The doge killer. Shiba inu is the new trending cryptocurrency in the market, currently with a sheba e new dog as its logo. This meme cryptocurrency is following the path of dogecoin, aiming to be the best alternative. For the same, however, almost one year of launch the shiba inu token is still considered as one of the favorites. In the mean coin, ranking surpassing dogecoin. There will still be highs and lows, but nothing like the 2017 bitcoin crash. A significant portion of that is due to the utility of these digital currencies. While there is a hypothesis regarding the cost of these assets, as institutions recognize the utility of these tokens. For the time being, we cannot say the same for sheba and few things are certain to change as a result of updates. Sheba e new crypto is on many investors, radars as they are waiting for this auto burn and supply algorithms to become live holders believe that listing shiba on well known cryptocurrency exchange platforms such as coinbase and robinhood or auto burn of the massive token supply will increase Investor interest and consequently increase the tokens value by 2021. before the end of 2021, the price of sheep would have to increase by 60 per month, compounded over the remaining time. If shiba inu continues. At this rate, it could reach 10 cents by 2025.

. If you are holding millions of tokens or want to buy shiba inu at the best price 2021 is the year to do it, because the sheep value has been increasing since the beginning of 2021 and is expected to continue increasing until it hits one cent. So now is the best moment to invest in shiba inu token in 2021. With this we have come to the end of the video. Thank you for watching. If you enjoyed it, please give this video a huge thumbs up subscribe to the channel. Let us know in the comments your views on the shiba inu token and make sure to turn on the post notifications to get notified every time we post a new video before ending this, kindly note that prices of cryptocurrencies frequently change so by the time you watch This video, it might have changed to a whole new value. The information provided in this video does not constitute investment, advice, financial advice, trading, advice or any other sort of advice, and you should not treat any of the content as such. The content in this video is for educational purposes only and hence should not be considered as financial advice do, conduct your own due diligence and consult your financial advisor before making any investment decisions.