SHIBA UP TODAY BY 25% 👀😳🤯

Here’s another vacay pic!

Now back to crypto! I saw today that $SHIB was up by 25% in the last 24 hours😳👀! Who knew? Well, we discussed it yesterday and I mentioned that the word on the street was that price would be bullish, but for how long … I do not know!🤷🏾‍♀️

Many are saying that the crypto winter could be over for SHIB but personally, I am cautiously optimistic about it. Researching, praying, and watching, you know how that goes! Yahoo dot com explains it this way:

“The price of Shiba Inu coin, which trades as $SHIB, is up 25% in the past 24 hours, helping it overtake Avalanche to become the world’s 12th most valuable coin with a $9 billion market cap. The Shiba Inu coin was also the top gainer on CoinMarketCap on Monday as of 2 p.m. in Hong Kong.”

I wasn’t prepared for a sudden surge with $SHIB, but I was not surprised at it either. The downtown with crypto was expected; do you remember that I mentioned earlier this year that my Crypto Mentors forecasted a bearish crypto run that would last several months and definitely through the summer? That is exactly what happened. Even with the 25% increase overnight, Yahoo is reporting that $SHIB is still down almost 81% from the all-time high of October 2021, and also when it peaked in March this year it’s down 50% from that peak. So ….

It could be that $SHIB is dancing around the bull because of the recent news about dogecoin as I know that news of Doge and Shiba have been known to coincide. Dogecoin has been on a roll as well in the last 3 weeks or so and seems to be trying to compete with ETH (I’m just saying that because of the launch of DOGECHAIN - remember ETH is also launching/merging with ETH 2.0).

Dogecoin (DOGE) is the original meme coin that caused some buzz last year when its price skyrocketed. I mean… it has gotten to the point where it is accepted as a form of payment by some major companies (Tesla, AMC Movies, and Dallas Mavericks to name a few) so I could see this coin actually reinventing itself from “just a meme coin” as many have described it as. Maybe DOGE won’t be the laughing stock of crypto anymore when all of these moves take place, but we’ll see!

I’ll be keeping my eye on both SHIB and DOGE and keep you in the know! The more we know, the better equipped we’ll be to make informed decisions about our investments! We’ll discuss more about $SHIB tomorrow right here! Until then, peace out!✌🏾

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