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SHIBA INU

I Just Became A Shib Millionaire



Here’s how to become a Shib millionaire.
► Get up to a $250 in Digital Currency: https://blockfi.com/andrei
► $25 of Bitcoin when you buy $100: https://gemini.sjv.io/Andrei
► $10 of Bitcoin from Coinbase: https://coinbase-consumer.sjv.io/RyP6ra
► My Stock Portfolio + Stock Tracker: https://www.patreon.com/andreijikh
► Get 2 FREE stocks valued up to $1850 (when you deposit $100): https://act.webull.com/kol-us/share.html?hl=en&inviteCode=QhhB1aDNwEDP
► ROBINHOOD (Get 1 Stock When You Sign Up): https://robinhood.c3me6x.net/c/1980551/671816/10402
► Open A Roth IRA: https://m1finance.8bxp97.net/c/1980551/696710/10646
► Follow Me On Instagram: https://www.instagram.com/andreijikh/
► How I Protect My Bitcoin: https://shop.ledger.com/pages/ledger-nano-x?r=535643c13ab0

My PO Box:
Andrei Jikh
4132 S. Rainbow Blvd # 270
Las Vegas, NV 89103

Woofpaper: https://woofpaper.org/

Today I became a Shib millionaire with the Shiba Inu cryptocurrency. Let’s talk about what makes Shib so special.

WHAT IS IT?
It’s a new cryptocurrency that is now in the top 10 market cap (temporarily surpassing Dogecoin). It’s like Dogecoin with all the memes but based on the Ethereum network.

HOW DOES IT WORK?
The Shib ecosystem has 3 main components to it – Shib, leash, and bone. Shib is the token that’s going to the moon, it’s something people buy and hold.

There’s also LEASH which is a rarer token with a max supply of 107,646 that allows holders to get even more rewards by providing liquidity to the network – the more leash tokens you have the more rewards you earn.

Finally there’s LEASH of which there are 250 million tokens – which is the community token that allows you to participate in the social aspect of the network which is where you vote on the “governance model”.

You can also dig for bones like a dog would under the ground which is where you provide liquidity to earn Bone, and because SHIB is a token on the Ethereum network you can swap your coins as long as there is liquidity. When you’re happy, you can WOOF your returns and claim your rewards.

WHAT ARE SHIBOSHIS?
That is the NFTs based on the SHIB token.

How to become a millionaire with Shib:
All it takes is anywhere between $75-$100 and you can become a Shib millionaire. In order to become a US dollar millionaire, Shib needs grow to 1 cent and you need to invest between $7,000-$10,000.

Will Shib go to a penny?
For Shib to get to a penny, it needs to roughly 138x in price. Which means we have to multiply the total value of Shib in circulation – which is the market cap of $26.7 billion by 138 which would be $3.68 trillion.

For context, it would become more valuable than any company in the world, more valuable than Apple, Google, Tesla, Amazon, and it would also be more valuable than Bitcoin, Ethereum, and the entire crypto space combined times almost 3. Will that happen? Sure – it could.

My story of failure:
In 2017 I bought into the hype of tech. Bitcoin was 8 years old at that time and we started to figure out that we could create different mechanisms of consensus, different blockchains that were better. Like IOTA for example, something that used trinary math where you had to confirm 2 transactions before yours was confirmed (the tangle). IOTA was the seventh biggest crypto at that time. I bought in.

There was also NEO which was the Ethereum of China, it had smart contracts, decentralization, interoperability, oracles, you name it. I bought into it.

Then there was ticker symbol OMG, even Vitalik Buterin – the creator of Ethereum was rumored to be on the board of advisors, it was the crypto that would power Ethereum. I was excited, and bought into it.

Then there was Dash which tried to be a better Bitcoin by allowing block rewards to be paid not only to the miners but to developers so they had an incentive to keep the project running which brought a balance to the force between miners and developers (this helped prevent hard forks and chainsplits). Ofcourse, it was the “better” Bitcoin.

There was also Monero at #10 which focused primarily on privacy and it was the best at it. It was extremely popular and people thought what Bitcoin was truly missing – was privacy. I didn’t buy in – but I liked the idea of it.

Today – not a single one of these cryptocurrencies which were all in the top 10 – are in the top 10. You would think at least ONE would deliver on it’s promise to improve the blockchain and be the better technology – after all – they had 4 years to do it.

Almost all of them followed the same price pattern before fading away into irrelevance. I bought Shib as a fun speculative play. Be careful what you invest in and don’t make my same mistakes.

source

Mila

Mila doesn’t only cover Blockchain and crypto, but she does focus the bulk of her writing efforts on this emerging technology and how it is impacting not just US markets, but global markets too. From the British Virgin Islands to China, her reporting leaves no global crypto stone unturned. Her tenacity and candid opinions on the impacts of crypto and Blockchain have made her a leading voice in the industry and a top source of truth to the curious masses.

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