Shiba Inu Incoming.

We have finally made it to Friday. This week has been a very interesting week for Shiba Inu. Yesterday after I posted my article, about an hour later Coinbase the actual main exchange, listed Shiba Inu. Shib knocked off a zero and then fell back down to kind of where it is right now. Although it seems to be a bit in the red at the moment.

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Watching Shib go up was truly awesome, but there’s still a problem. I personally do not see how we can advance the way we want to advance, until we have a coin burn. There’s been a lot of talk about Robinhood trading Shib. If it’s true then more than likely, we will see another all-time high.

All of these milestones are important for Shiba inu, but I do not think it gets us into the welcome to the private island level.

However, on the flip side regarding Coinbase I find it truly interesting that they are following Shiba Inu on Twitter. Shib is the only coin they are following. This makes me believe that Coinbase has a lot riding on Shiba Inu. We know Coinbase is already heavily associated with Bitcoin.

As for timetables, I see a lot of people asking when will Shib hit 1 cent or when will it hit a dollar? The truth is nobody knows. I realize the developers have a lot of different projects going on, but unless one of those projects is a coin burn. It might take a while. This could be good for some of the people like myself who would like the chance to get more coins.

Part of the reason I’m doing my blog on my phone today, is because my computer and my mining rig are upstairs mining Bitcoin. It freaks me out when my GPUs are in the yellow and red levels. So, I crank up the AC and bounce downstairs.

Sadly, I’m still seeing some of the same arguments that I saw months ago with Doge. I think you have to remember that cryptocurrency is somewhat new. We’re talking about ushering in a new financial system, and there’s no real way to tell how that future is going to look. I do not think it does anyone any good to argue about cryptocurrency. We are all in this for the same reason, we want to see our wealth grow. Please keep that in mind as you enjoy Twitter and other social media sites this weekend.

As always I am not a financial advisor. I’m just a mom trying to figure out how to get my hands on enough currency to move out of Texas!!!

Feel free to donate Shib here! 0x9422aadf8f5cC46db7cDac8c0f06b950065a653d

Is Shib Ready For A New ATH

The past week has been a rollercoaster for Shib investors. Shib is now available on many major exchanges, but there seems to be a problem with the token gaining momentum. Some would wager that the current lack of momentum stems from the chaotic listing on Coinbase Pro. When Coinbase Pro listed Shib, they listed it at a higher price, which resulted in people buying it around 0.00006 instead of the 0.000006 price range. While other exchanges showed the right price, new investors who used Coinbase Pro saw inflated prices. These prices resulted in an epic Shib crash on Coinbase Pro. Investors were left hurt and confused.

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Many critics reveled in the crash and quickly took to blaming the coin for the failure. The issue was more than likely due to the number of traders trying to move their Shib. As of now, Shib has over 600,000 investors and is in nearly all of the major exchanges. There is a rumor that Robinhood will soon add Shib to their platform. Not to mention, Shib is listed on the Coinbase Pro platform and has yet to be listed on the Coinbase exchange.

After those two things occur, we might be looking at a moneymaker for thousands of people. One of the things that keep coming up is the fact that Shib has a circulating supply of nearly 400 trillion coins. A lot of investors are insisting on Shib implementing a burn. Burns help to remove some of the excess currency in most cases while helping to knock off zeros. However, some of the investors are countering that the notion of burning Shib, isn’t the right move.

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If Robinhood picks the currency up, it will be interesting. Unlike KuCoin, Coinbase, or other exchanges, Robinhood only has a limited amount of crypto due to their stock trades. By adding Shib, it will be adding an affordable currency that resembles Dogecoin in the early days. It will also help to strengthen Robinhood’s stock to some degree. In my opinion, Robinhood needs to pick up ADA and a few more crypto babies if it wants to be a contender in the crypto market. Right now, their crypto trading is somewhat undesirable.

If Shib can get Shibaswap to become the swap it needs it to be, there’s no reason why we cannot see a Pancakeswap situation, take place. Take Pancakeswap which, was under 20 cents almost a year ago. It is now over 20 dollars. If Shib wants to get serious about becoming the next Pancakeswap, they will need to get busy burning some of these coins and taking them out of circulation.

Anyway, that’s the skinny on the would be penny! See what I did right there???LOL

As always, I am not a financial advisor. Find a financial advisor to help you gather a better understanding of how to trade stocks and crypto.

Can XRP Shape The Beginning Of A Crypto Revolution?

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For those of you who have been following XRP and the SEC saga, yesterday was a good day for Ripple. I honestly think the SEC’s lawyer got caught up in a bit of a fib. For anyone who’s ever been to court, you know how pissed off judges get when they catch people in lies. I’ve seen cases pretty much thrown out because of blatant lies. So, the fact that the SEC was kind of caught with their pants down around their knees shows how unprepared they were for the storm XRP bought up on them. According to some of the outlets that have been following XRP, the SEC has a habit of hitting cryptocurrencies with questionable lawsuits. This could be the case that actually brings forth a stronger need for understanding cryptocurrency within our government.

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I think a big problem for the people who are heavily associated with stocks and bonds is that they are seeing less than favorable returns. The less money coming into the stock exchange hurts their pockets. We now have options that we didn’t have years ago regarding where we want to put our money. My personal opinion is that the stock market no longer has the glitz and glamour appeal.

We are living in a new age, things are becoming more modernized. Don’t get me wrong I’m not saying the stock market is going to go away, but I am saying the cryptocurrency market is going to be a major driving force in the future.

One of the main things that attracted me to the cryptocurrency market was my ability to trade any time of the day. Not only does it afford people the ability to trade anytime of the day, but I’m able to access currency that’s still in its infancy.

I go back to the article I wrote some months ago about how everything advances. That is the reason you’re seeing the SEC and some congressmen fight cryptocurrency. They are not ready for that advancement, we are talking about people who are in their sixties and seventies. They grew up on fortunes made by stocks.

The SEC was trying to pinch XRP on a law that was written a zillion years ago. Okay maybe it wasn’t written a zillion years ago, but you get my point. How should an old law that has no precedence over cryptocurrency rule cryptocurrency?

I really do believe the SEC versus Ripple case will go down as a standard for the the treatment of cryptocurrencies. At the end of the day, I believe with all my heart the SEC manipulated XRP, and this is why XRP is currently under $2 while other currencies are taking off.

Change doesn’t have to be bad and it’s really exciting when you think about it. Instead of fighting cryptocurrency the government should be welcoming cryptocurrency.

We are living in a post pandemic world, and there will be many changes that will come in the future, due to the pandemic. Currency could very well be one of those changes especially cryptocurrency due to its ability to pass from wallet to wallet without spreading germs.

As always, I’m not a financial advisor! Do not do anything that you think I would do or wouldn’t do. This is your future, talk to an investment professional if you have questions regarding cryptocurrency or stocks and bonds.

PS anyone know anything about planting coconut trees?????