Doge Killer BUllish OutlookBITMART:LEASHUSDT is done consolidating, it seems. Breakout with a very high volume and a long wick to rediscover.
Leash is ready to 14x from here.
TP1: 1,292
TP2: 3,608
TP3: 10,000
SL: 500
Dogekiller
LEASH (DOGE KILLER 2023 ) DOGE" refers to both a breed of dog, the Shiba Inu, and a cryptocurrency. The term became widely recognized online due to the popularity of an internet meme featuring a Shiba Inu dog with captions written in a broken English style, known as "Doge meme."
Regarding the cryptocurrency, Dogecoin was created in 2013 as a light-hearted and fun digital currency, initially as a parody or joke based on the meme. However, it gained a substantial following and community support, becoming a legitimate and widely traded cryptocurrency, often used for tipping and charitable donations within online communities.
LEASH (DOGE KILLER) DOGE" refers to both a breed of dog, the Shiba Inu, and a cryptocurrency. The term became widely recognized online due to the popularity of an internet meme featuring a Shiba Inu dog with captions written in a broken English style, known as "Doge meme."
Regarding the cryptocurrency, Dogecoin was created in 2013 as a light-hearted and fun digital currency, initially as a parody or joke based on the meme. However, it gained a substantial following and community support, becoming a legitimate and widely traded cryptocurrency, often used for tipping and charitable donations within online communities.
SHIB (Shiba Inu) Token Analysis 27/03/2022Fundamental Analysis:
According to the SHIBA INU website, SHIB is the "DOGECOIN KILLER" and is listed on their own ShibaSwap, a DEX. Shiba Inu coin was created anonymously in August 2020 under the pseudonym "Ryoshi." Ryoshi says about himself that he is a nobody and not important and that the efforts to unmask his identity, even if successful, would be underwhelming.
This meme coin quickly gained speed and value as a community of investors was drawn in by the cute charm of the coin paired with headlines and tweets from personalities like Elon Musk and Vitalik Buterin. Vitalik Buterin was long believed to be the originator of Shiba Inu, but denied such rumors on the Lex Fridman podcast on June 5, 2021.
Shiba Inu aims to be the Ethereum-based counterpart to Dogecoin's Srypt-based mining algorithm. Shiba Inu and the SHIB token are part of a swarm of dog-themed cryptocurrencies, including Baby Dogecoin (BabyDoge), Dogecoin (DOGE), JINDO INU (JIND), Alaska Inu (LAS) and Alaskan Malamute Token (LASM). These lesser-valued tokens have attracted investors who missed the Dogecoin pump from 0.0002 to nearly 0.75 USD.
Shiba's success sparked an avalanche of copycats, such as BitShiba, Shiba Fantom, Shibalana, King Shiba, SHIBAVAX, Captain Shibarrow, SHIBA2K22, SpookyShiba and countless others. In total, there may be well over 100 Shiba Inu copies, and the number keeps rising constantly.
On Sept. 17, 2021, Coinbase, the largest U.S.-based crypto exchange, listed Shiba Inu on their platform. This news caused Shiba Inu price to rise by over 40% in the following two days, bringing the meme dog token into the spotlight again.
Shiba Inu has since attracted more interest from other exchanges as well. Bitso, Mexico's biggest cryptocurrency exchange, announced in September that SHIB would start trading on its exchange. Giottus, an Indian crypto exchange, announced the same. Bitstamp, the biggest crypto exchange in Europe, said that it would list Shiba Inu for trading at the beginning of 2022. Korbit, a South Korean exchange, became the country's first exchange to list the SHIB token in 2021.
The SHIBA INU website invites dog-inspired artists from all over the world to foster the "artistic Shiba movement" as they bring their SHIBA INU community into the NFT market. SHIBA INU has also created a campaign using Amazon Smile in order to collect donations to rescue real, live Shiba Inu dogs with the Shiba Inu Rescue Association.
After initially being only one meme coin of many, Shiba Inu skyrocketed to popularity after Vitalik Buterin famously burned his share of the SHIB supply. Ryoshi had given Buterin 50% of the SHIB supply, announcing that "as long as Vitalik doesn't rug us," Shiba Inu would be fine.
However, Buterin decided to burn 90% of his share, which later would have been worth billions thanks to the soaring value of SHIB. The remaining 10% were sent to a charity, as were about 50 trillion SHIB more that Vitalik had donated to a COVID-19 relief fund. He stated that he did not want "to be a locus of power" and thus gave the tokens away. This resulted in a temporary loss of value for SHIB, which the token later recovered from after the community agreed on an arrangement with the charity in question.
Ryoshi's goal for Shiba Inu has been to see if a perpetual decentralized organization could work with no central leadership. In a blog post, Royshi noted that the rift caused by Buterin's token donation made the community stronger and would enable it to distribute further and decentralize the movement. His vision for the core ecosystem is to perform its utility while the Shiba Inu-own stablecoin becomes the globalized exchange of value.
In October 2021, SHIB surged on the news of a possible Robinhood listing and briefly flipped Dogecoin to become the most-valued meme coin by market capitalization. Thus far, Robinhood has not listed SHIB, despite a petition with over 500,000 signatures calling for it. Robinhood executive Christine Brown has lauded the efforts of the Shiba Inu community, saying that one of her favorite things was seeing it engage with the community to make its wishes heard. However, Robinhood would prioritize safety over the "short-term gain" of a new token listing and has left Shiba Inu fans waiting since.
The October 2021 price surge famously minted a billionaire, as one wallet was uncovered that had bought $8,000 worth of SHIB in summer 2020, which was worth over $5.7 billion at SHIB's all-time high valuation. The wallet owner has not been determined, although the person appears to have sent parts of their fortune to other wallets several weeks after the price explosion.
The price surge also led to increased adoption across token holders. WhaleStats compiled data of the largest ETH wallets and found that SHIB represents over 20% of the combined market shares of all ERC-20 tokens held by Ethereum whales. CRO was a distant second with only 5%. SHIB also surpassed the one-million holder mark following its all-time high.
Moreover, retailers increasingly started adopting SHIB as a means of payment following its popularity among small-time investors. American electronics retailer Newegg added SHIB at the start of December 2021, partnering with crypto payments platform BitPay to unlock payments in SHIB. This followed the adoption of SHIB by over 500 merchants, according to payments firm CoinGate, with even Samsung-backed digital wallet provider ZenGo adding SHIB to its options and a restaurant in Paris accepting it as a payment option. At one point, the Shiba Inu community called for McDonald's to accept Shiba Inu, although the social media effort eventually fell short.
A major reason for the surging price of SHIB was a continued effort by the SHIB community to build a utility for the Shiba Inu token and the subsequent emergence of an entire Shiba Inu ecosystem.
ShibaSwap is the coin's designated DEX that started as a fork of Sushiswap that has, in the words of Ryoshi, its "own little twists and elements." Furthermore, Shiba Inu also plans to develop SHI, which will be the "global exchange of value for plebs," an algorithmic stablecoin pegged to one cent instead of one dollar as most other stablecoins. Its launch is planned after the Shiba layer-two solution called Shibarium, and Ryoshi envisions SHI to work in a similar way to DAI. That way, SHI would have collateral as a backstop that would push it back to one cent if the peg was lost.
According to Ryoshi, the end goal is that SHI becomes a global stable currency "that plebs across all countries are able to use as both a store of value and method of payment."
In addition to SHI, a financial ecosystem is planned, and SHI would be added as a weighted pool pair on Curve. In that case, Ryoshi expects forks of the major DeFi protocols to appear in the Shiba Inu ecosystem, which would require an immutable bridge to function.
Shiba would also start hosting localized meetups and a once-a-year ShibaCon convention that would be hosted at an easily accessible location in a country without oppressive visa restrictions "for the sake of inclusiveness for global plebs."
One immediate change Shiba Inu has implemented is increasing token burns, which have sparked renewed interest in the token at the beginning of 2022. Bigger Entertainment, a crypto record label selling merch, NFTs and concert tickets, organized a SHIB burn party that burned over 239 million SHIB over Christmas. In total, the team has burned almost one billion SHIB since the end of October.
According to 22-page-long SHIB's WoofPaper, SHIB is an ERC-20 token based on Ethereum, a proof-of-work blockchain currently transitioning to proof-of-stake.
Ryoshi announced in his final blog post to date that Shiba Inu would develop its own layer-two solution that would be more decentralized than Polygon or BSC, both of which Ryoshi regards as not truly decentralized. The Shiba L2 would be called "Shibarium" and is supposed to use BONE as its primary pair token, as written above.
According to Ryoshi, Shibarium would be built by a "very competent blockchain team" with experience building such solutions. Developer Eric M has announced in the Shiba Inu Discord server that Shibarium would launch "soon," although he did not specify a date.
The SHIBA INU WoofPaper has three reasons why their team created SHIB:
"We started from zero, with zero."
"The brilliant minds behind Shib had never collaborated before."
"We love Shiba Inu Dogs."
The anonymous creator of the Shiba Inu coin is known as "Ryoshi." However, very little is known of the mystery founder of the dog-themed cryptocurrency, much like the founder of Bitcoin, Satoshi Nakamoto.
In his blog RYOSHI RESEARCH, he characterizes himself as "just some guy of no consequence tapping at a keyboard." Ryoshi said that usually in projects there are different roles like a CEO, a "tech guy," and a roadmap, resulting in "someone plebs can bitch at." He stresses that with Shiba, no one person is accountable or responsible and underlines that he owns 0 SHIB to this day. For this reason, Ryoshi can be "pure and unbiased," getting satisfaction from Shiba "in other ways."
It has been speculated that Vitalik Buterin was behind the initial liquidity that helped set up Shiba Inu's liquidity on Uniswap. According to Ryoshi, he had "a fren" he met at Devcon in Osaka that sent him 10 ETH to set up the liquidity pair on Uniswap. Ryoshi also stated that Shiba Inu was an experiment in decentralized community building, and he thus declined all the influencer requests and pitches from different exchanges he received. His "job" is to defend the brand and give suggestions, although he does so very sparingly, as his last blog entry dates back to May 2021
The SHIBA INU website notes that they locked 50% of the total token supply on Uniswap, and "threw away the keys!" The remaining 50% was "burned to Vitalik Buterin." In response to the "gift" from the Shiba Inu team, Vitalik Buterin sent 50 trillion SHIB tokens, worth $1 billion in Shiba Inu price at that time, to India's Covid Crypto Relief Fund. Buterin then burned 40% of the total supply to a dead wallet.
There are several other tokens described on the SHIBA INU website — LEASH, which has "been unleashed and will not rebase," and BONE, the "Dogecoin Killer." LEASH has a fixed supply of only 107,646 tokens, and offers enticing rewards to liquidity providers, while BONE has 250,000,000 tokens, and is a governance token that allows holders to vote on the Shiba Inu's Doggy decentralized autonomous organization (DAO).
The WoofPaper notes that you will use SHIB to DIG for BONES or ShibaSwap, or even BURY your tokens. "Trainers" can teach their Shibas to SWAP tokens as well — all of these actions create "Returns" that are put into the Puppy Pools, where the #SHIBARMY has the option of BURYING or DIGGING for BONES.
At the beginning of May 2021, dog-themed meme tokens like Shiba Inu saw transaction volumes in the hundreds of millions of dollars. Shiba Inu price hit an all-time high (ATH) of 0.00005 on May 10, 2021, before going on a downtrend since.
As mentioned above, on May 13, Vitalik Buterin (who was given half of the token supply by the developers) announced that he was donating a large amount of these tokens to a fund helping India with COVID relief. The SHIBA developers had not anticipated Buterin selling his tokens, but eventually, the two parties came to a mutually satisfying agreement. Later, the fund actually lamented having sold its tokens too early, as its share would have been worth well over $1 billion at the token's all-time high.
Despite rumors alleging the contrary, Elon Musk does not own any SHIB. He confirmed as much in a tweet, which caused a temporary price drop.
The current CoinMarketCap ranking is #15, with a live market cap of $13,579,124,960 USD. It has a circulating supply of 549,063,278,876,302 SHIB coins and the max. supply is not available.
Technical Analysis:
As you can see the Price has Fallen to the 78.6% of Fibonacci Retracement Levels and it is at the Reaccumulating Phase currently which is a very good sign of New Bullish Cycle.
there exist a Bullish Divergence between Price and MACD visible in 3D chart, where it can be interpreted as the Bearish Trend Reversal and Start of the new Bullish Cycle.
we have defined 3 Targets Using Fibonacci Trend Base Extension Levels, where as the 3 TP gets its Confirmation after the 2 TP gets Triggered Followed by some Correction in Price.
shibu inu could start new Huge Upside move soon!!Technical Analysis: #SHIB (Daily Update)
In daily timeframe, Consolidating in Descending Wedge Pattern from last 41 Days.
For Midterm, Still I'm Bullish on it & Still Expecting Huge Upside Breakout so Hold with Patience.
Patience always Pays off!!
Take Profits:
TP1= @ 0.00008864
TP2= @ 0.00012503
TP3= @ 0.00014736
SL=close BELOW 0.000030 on daily bases.
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0.000045 need to hold..Shiba movement is getting smaller....
expecting sideways movement for upcoming days..
MACD shows bull is getting weaker.
what's next?
Price need to stay sideways and above 45 level.. and wait for MACD to " kiss" or Crossover. (may take weeks , unless a strong bullish candle make a come back)
next strong support would be at 0.00003 level if 45 unable to hold well. (gives some buffer until 40).
DYODD
Looks like I may be close With the current decline in short sellers we are finally stabilizing to the point where the Analysis can finally see a uprise in the market, This should provide a huge buy back in for those who missed.
For those who are staking there shib should be earning interest on top of their current position.
For a short term run I can see it increase roughly 27% to 48% the panic sellers will have a huge impact on the market and its current position. Simply holding a lot of shib isn't enough to make it through as more buyers flood into the crypto market. researching the stock market and the crypto market plays a huge role on how shib will do. The #DogeKillerCoin has a purpose and a limited supply the burn protocols will happen in time just stay focused on the long run.
This is my personal review and personal Analysis. Take the risk at your own Will.
COINBASE:SHIBUSD
Shinba Inu about to go parabolic and hit .001!!!Strap in moon boys and girls! SHIB is about to hit .001!
Shiba Inu is the DOGE KILLER, I do believe in this project and I know that it is more than just a meme coin! To simplify, it is Doge coin but BETTER...
Lets see what we can expect, when SHIB beats DOGE!
If you plug in a market cap of 32,863,452,147.73 into SHIB which is current for Dogecoin, 23OCT2021, that brings the price of SHIB to $0.00008347,
1Million SHIB would equal = $83.47, 10Million SHIB = $843.7, 100million = $8,347, 1 Billion = $83,000!!!!!
if you plug in a market cap of 88,680,824,303 into SHIB which was Dogecoin's LARRGEST ever market cap on 7th MAY 2021, that brings SHIB to $0.00022462
1Million SHIB would equal = $224.62, 10Million SHIB = $2,246.2, 100million = $22,24.62, 1 Billion = $224,620!!!!!
And these prices are completely reasonable because this is what you could see SHIB do if it just does what DOGE did. I believe SHIB will outperform DOGE in every aspect THIS YEAR!
I DO NOT BELIEVE SHIB WILL GO TO 1 DOLLAR THIS YEAR OR 10 CENTS, The market cap would have to go higher """"BUT!!!"""" with more coin burns with the incoming adoption, utility, events, NFT naming using burns, and developer projects implementing burns It very well could go to 10 cents in 2025, big fat maybe 1 dollar!
HOWEVER, just from standard TA you can see SHIB is about to go PARABOLIC naturally.
April 14th, 2021 we saw a large pump and then consolidation for 20ish days THEN May 9th, 2021 it went parabolic to an incredible ATH!
NOW Oct. 1st we saw the beginning of a pump, then we saw STRONG consolidation for 20ish days NOW, as of today! OCT 23rd, 2021 we are seeing a massive breakout to the upside! Is this the beginning of the next PARABOLIC MOVE!?
I do think so, if it mimics what it did in April we can expect a price of .0001 EASILY
if SHIB doesn't go parabolic and just breaks out of its current bull pennant that formed we can expect a price of .00006
if it goes to .00006 the community is going to have a strong buy just to beat DOGE putting it at .00008 because it will be so close! SHIB will be talked about everywhere because it finally killed DOGE and it will most likely go parabolic and if it matches Dogecoin's parabolic move it will go to .0002!!!
Shiba : Hold my LEASHHi there
lets see whats goin on with Leash now
Doge Killer (LEASH) is a cryptocurrency and operates on the Ethereum platform. Doge Killer has a current supply of 107,647 with 0 in circulation. The last known price of Doge Killer is 4,015.23591336 USD and is up 27.82 over the last 24 hours. It is currently trading on 12 active market(s) with $46,742,473.76 traded over the last 24 hours. More information can be found at www.shibatoken.com
should we jump in now !? NO, should we take profit now? YUP
430 mil marketcap! can we beat DOGE marketcap? NO
Have fun, Stay rich
Doge The Viper (Corrective Wave)After it’s all-time high being reached at $0.73, Doge has entered into its first primary corrective wave.
With Wave 2a already completed, using the Fibonacci tool allows us to define to the final zone for the capitulatory Wave 2c (pending).
Current in a very funky Wave 2b, the market will allow bulls to stride towards the $0.50-$0.53 range before its final leg down towards $0.09 (which could take up to a month).
Despite the hype, Dogecoin rose nor fell because of Elon Musk . Instead, each cycle was simply due to run its course. Hopefully none of you bought the top. The bottom is where buyers find most profit :)
If people were amazed by the previous Dogecoin pump, just wait until Wave 3 kicks in! You’d be a fool to miss it.
shiba inu market has tooken off with over 500% rally in a week, i am keen on a pullback at the highlighted zones.
i have been keeping my eye on this token since 0.00000043 while it has took off with its white paper released on its website now
thought i do a analysis on it, it does have a small market cap and is a meme coin so will have to be careful.