000022. Moreover, sheba is up by 220 in the past week, which has earned it a place in the top 20 place at coin market cap and number 17 at seacoin. Gecko speaking of the total market cap of all crypto assets, it also touched a multi week record of around 2.38 trillion dollars earlier today, however, we have some major new upcoming catalysts that can help shiba inu to achieve its price target closer to its one cent mark. How these price, boosting catalysts will help shiba inu when these are going live? What price can we expect this week? These questions will be answered in todays video. We will also discuss if you should hold, sell or buy more shiba tokens. 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 get started. Striking a 2.2 trillion dollars. Market capitalization, the cryptocurrency market has set new records in 2021. Shiba inu is playing a lead role in altcoins with such an amazing price pump. In the last week, many investors made a joke of shiba inu and doubted the potential of shiba inu and labelled it as a dead coin, but with recent hike and support of shabami shiba inu has proved everyone wrong and described its potential very well.

This made shiba inu the top searched cryptocurrency reason why twitter reflected shiba inu hashtag as the mo trending in the technology section surpassing bitcoin. We are not going to discuss what happened already. We will focus on what is coming further and how it can boost shiba, inu price. We all know the major challenge for shiba inu is its massive token supply. The reason why everyone doubted this coins potential, but what, if this token supply, is reduced? Yes, that is exactly what shiba inu developers are coming with automatic sheep token burning system to understands this. Let me quickly brief you about what nfts are nfts are designed to give you something that cant be copied ownership of the work, though the developers can still retain the copyright and reproduction rights just like with physical artwork, physical money and cryptocurrencies are fungible, meaning they can Be traded or exchanged for one another non fungible tokens arent like your normal cryptocurrencies, nfts, arent interchangeable. We all know that shiba inu has a massive token supply, which is the only reason why the price is not boozing by thousands of percentage. From the day one every shiba holder was requesting the developers to come up with an autoburn algorithm to cut the tokens out from the circulating supply. Shaitoshi kusama lead developer of shiba inu revealed the plan of burning the tokens using the upcoming 10 000 nfts. He named these nft shiboshis, which will be available for open purchase on shiba swap, but how these nfts will help in the burning process.

Every time when someone who owns some nfts wants to rename them owner needs to burn a certain amount of shiba inu token interesting right will burning sheep tokens, help shiba inu to raise the price. Definitely yes, burning tokens will push tokens out from the token supply and will create scarcity. This scarcity will increase the token price, depending on the frequency and quantity of token burn. What price can we expect for the shiba inu coin in this last quarter of 2021 price? Will increase definitely, as the coin is becoming more practical, as per crypto analysts, shiba inu will be exceptionally bullish in this last quarter, as we have major upcoming catalysts like nfts, auto burn robin hood listing own blockchain and much more so a price pump can be expected In this last quarter and few zeros can easily be cut from the price of shiba inu heading toward two major updates. For today we have now payments acceptance of shiba inu. Recently now payments confirmed their biggest partnership with shiba inu. If you didnt know about what now payment is, let me quickly brief it for you. Nowpayments.Io is a crypto payment gateway, allowing all kinds of e commerce to accept crypto as a payment or donation globally. The service has 70 plus cryptos and fiat conversion available. It is fully non custodial doesnt, hold any limits and has the most competitive fees on the market. How can this help shiba inu in the official announcement? It is clear that they collaborated with shiba inu to accept shiba inu as a payment method.

Using this online and physical stores can accept sheep payments. Possibility of sheep payroll charities can accept. Shiba inu enables online streamers to accept shiba inu. They also added links to their website. They acknowledge the coin, as the shiba inu token is one of the hottest coins of 2021. accept sheba as payment on your website and get your share of the coins hype. Now, payments offers an easy to integrate solution for deploying a sheep payments gateway. We all know that price of currency increases with the increase of acceptance. If shiba inu will be accepted in a maximum number of stores, the number of holders and transactions will increase, resulting in a jump in the price of shiba inu. This is not the first time that any online crypto payment gateway accepted this. You can also buy goods from amazon, ebay, alibaba and shopify using shopping.io the lead developer of the shiba inu ecosystem. Shaitoshi kusama also mentioned this official partnership with now payments in his medium post in his post. He gave some major updates and upcoming projects coming for shiba inu. We will not discuss it all, but the important ones which can seriously hit the price of shiba inu he mentioned today. You can spend sheep in a variety of locations worldwide. The spending of sheep by businesses that support the original vision of ryoshi is a grand example of utility via usage. This usage of sheep keeps it as a powerful and useful currency worldwide.

You can currently use shopping.io to pay for things on amazon with sheep, but with our new now payments partnership you can integrate and accept sheep at any shopify woocommerce and a host of other digital locations with a short install of a widget. This means you can accept sheep in physical locations. She payroll and much much more. This looks like a good sign in real world usage of shiba inu. This is equally important for currency to have real usage. Acceptance of shiba inu in the real world will increase. The number of holders and payments, so the price 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.