It is now November 2nd, which means two things are underway. The first thing is we are officially two days into our national novel month. You will have writers looking to try to finish novels in one month. The second thing I am looking forward to is the Shiba Inu listing by Kraken.
They posted a challenge to Shiba Inu investors today about getting likes, and that’s all it took! Shibians were all over it, and within 15 minutes, the exchange had all the likes they needed to answer the challenge. Last night a Twitter account stated that they had inside information regarding a listing from Robinhood that was supposed to take place today, but it didn’t happen.
This is not the first time we have seen misinformation targeting Robinhood and a Shiba listing. Perhaps, the difference is, this time, it came from an account that was respected. The misformation made its way to Youtube by a well-known Youtuber who has been reliable in the past. It just goes to show you that you have to be careful about the information you are getting. At this point, people are trying to gather any information they can get their hands on.
With all the rug pulls and suspicious tampering with people’s accounts, anyone could find themselves a victim of misinformation. Sadly, this plays with the emotional state of investors and their trust in the new market. Later today, many users expect Kraken to help Shib delete at least one zero. I do not see it happening within 24 hours because it took Shib weeks to delete a zero after it was listed on Coinbase.
However, the exchange does help with the journey towards a new all-time high. I can’t help but wonder if we would be minus a zero today if the premeditated crash didn’t take place two weekends ago. Rumor has it that a group of people got together and started taking money out of SHIB to try to push some fresh life back into Dogecoin. The money was removed to boost Doge back but sadly ended in much of nothing. I hate seeing Dogecoin down because it was my entry into the crypto world, but there are issues.
As an investor, I always felt annoyed that Doge constantly needed to be hyped by Elon Musk. It has to be able to gain and stand on what Dogecoin brings to the table. It’s okay to have fans and cheerleaders, but a coin cannot rely on one person to keep it afloat. Both coins can coexist because they do different things, but manipulation needs to stop. If we are ever going to know what memes can do, we need to let the process run free of manipulation.
Investors have enough to worry about without having to worry about shortages and Trojan Horses from within. This could be a very good week for crypto, or it could show that crypto is too volatile to stand without major regulations. You can bet all eyes will be on Shiba Inu this week.
Meanwhile, my Saitama Inu crypto makes me 3 million Saitama coins a day just by looking pretty inside my wallet!! Word on the street is that it will be listed on a major exchange this week. They are having a launch party in about two weeks from now. It is still 0.000000084600! You can still get billions of this baby before the price gets too out of hand. Here’s more information on it. https://saitamatoken.com/
I am not a financial advisor, I do this because I love crypto! Research research research