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Shiba Inu: Will the Price Reach $1? When Will It Happen? (beincrypto.com)
3 points by jerryjerryjerry on July 29, 2022 | hide | past | favorite | 3 comments



Is this satire? A meme-coin "killer" which is itself a meme and has turned "some" "investors" into "billionaires"?


Whoa, I didn't realize shib just printed 3 white soldiers on the daily. Nice upward channel there too. Check out the weekly, it might be forming a fractal of soldiers, a squad makes a platoon. Now's not the greatest time to point at shib and laugh at crypto. Early June would have been the time for that...Right now it would be pretty impressive but also not surprising if it crossed .000014 over the weekend or early next week for sure.

Shorts probably aren't messing around here with the market calling in some regression-debts from earlier in the year...

IMO $1 is the wrong question for this particular asset though. Why worry about such a distant landmark when you could set some reasonable stops around the channel boundaries and stand a reasonable chance of doubling your money in the next month? Always manage risk, but man sometimes these headlines are such an unnecessary reach...


Never.




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