Aolan413

Remember President Bukele of El Salvador?
It was the president who first announced that Bitcoin would be used as the country’s legal tender. How many people laughed at him during the bear market, and many international financial institutions also lowered El Salvador's national credit rating. Look at the 2,380 Bitcoins he bought at an average price of 44,300. Now the premium has exceeded 50%, and he has earned 5,000 Ten thousand U.S. dollars. You must know that El Salvador’s GDP in 2022 will be only 32.5 billion U.S. dollars. Bukele’s announcement of Bitcoin as the national legal tender not only prevented the entire financial collapse of El Salvador, but also reconciled the turbulent financial system. His own support rate in El Salvador It has always been above 90%! It is true that you put the people at ease and the people hold you high. According to reports, the people of El Salvador can receive BTC worth $30.

The underlying reasons behind Shiba Inu’s surge today Looking at what has happened in the past, a price surge of 800% is possible, and if Shiba Inu (SHIB) drove the rise in meme coins, its price soared by 52%. In just 24 hours, the burn rate soared by 30,000%, a move that shocked the cryptocurrency market. Shiba Inu expert Lucie predicts an 800% price surge, similar to the 2021 bull run, remember when $SHIB rose 800% in a week without even losing anything. Shiba Inu Takes Crypto Market Whales Large trades and rising burn rate fuel SHIB’s rally. Based on historical data and recent price action, SHIB has the potential to rise 800%, which is exciting. Lookonchain data shows that PEPE tokens worth $6.07 million were sold off massively, followed by the acquisition of 75.9 billion SHIB tokens for $8.93 million. At the same time, SHIB’s burn rate increased significantly, resulting in 3.75 million tokens being burned, drawing attention to this emerging meme currency. This surge brought the total number of tokens burned to approximately 410.70 trillion SHIB, resulting in a significant reduction in the circulating supply to 581.65 billion. SHIB trading volume has reached $5.7 billion, demonstrating its growing popularity and investor interest. SHIB has successfully surpassed other well-known cryptocurrencies such as USDC, Bitcoin Cash (BCH), Dogecoin (DOGE), and Solana (SOL). Who gets the profit? Shiba Inu's market capitalization soared to a staggering $13.5 billion at one point. SHIB’s incredible price rise has benefited hundreds of thousands of Shiba Inu holders who had previously invested in the token. According to IntoTheBlock, more than 63% of people exposed to meme coins are currently enjoying profits. The trend was much different last September, when about 90% of holders lost money. SHIB’s price increase coincides with significant gains in several important metrics related to the token ecosystem. Total daily transaction volume (over $100,000 per transaction) crossed the $1 billion mark, with daily active addresses reaching nearly 30,000 (a 230% increase compared to the numbers observed on March 2). Recently, the cryptocurrency market has once again set off a frenzy. One of the digital currencies called Shiba Inu (SHIB) achieved an eye-popping 180% increase in just seven days. What investment codes and market dynamics are hidden behind this seemingly crazy rise?Today, we will conduct an in-depth analysis together to reveal the first part of the story behind SHIB’s strong rise: SHIB’s rise. Shiba Inu (SHIB), a digital currency with the Shiba Inu as its symbol, has had its own “dog” since its birth. Dogecoin Killer" tag. Its design concept is similar to Dogecoin, aiming to create a community-driven, decentralized network ecosystem, and has quickly accumulated popularity with its people-friendly image and extensive community support. The recent surge in SHIB is undoubtedly a concentrated explosion of the consensus power of its community. Part 2: Triggers for a 300% surge in 7 days 1. Market sentiment catalysis: The cryptocurrency market has always been highly volatile, especially in the context of the continued rise of mainstream digital currencies such as Bitcoin and Ethereum, market enthusiasm has been pushed to a climax , investors’ attention to alternative currencies has also increased. As one of the popular alternative coins, SHIB has naturally attracted a lot of attention and capital inflows. 2. Celebrity effect: Recently, the remarks and actions of some well-known figures such as Tesla CEO Elon Musk on social media have triggered heated discussions on SHIB in the market. Although Musk did not mention SHIB directly, every speech he made about Dogecoin indirectly promoted the popularity of the SHIB market. 3. The launch of trading platforms and enhanced liquidity: As more and more large-scale trading platforms include SHIB in their trading lists, SHIB's liquidity has greatly improved and trading volume has surged, further promoting price increases. 4. Project development trends: The SHIB team continues to promote the construction of its ecosystem, such as the development of the decentralized exchange ShibaSwap and the upcoming NFT project. These substantial developments have provided strong support for the value of SHIB. Part 3: The internal logic of SHIB’s rise today. Regarding SHIB’s rise again today, we cannot ignore the growth of its intrinsic value. On the one hand, the activity and loyalty of the SHIB community continue to increase, forming a strong community consensus, which makes SHIB have strong price resilience. On the other hand, SHIB is gradually building its own application ecosystem, and its long-term value potential is emerging. Part 4 Market Environment and Macroeconomic Impact The current global financial market is complex and ever-changing, especially under the general trend of central banks implementing loose monetary policies and the digital transformation of the global economy. Investors are paying increasing attention to a new asset class-cryptocurrency. promote.This background has undoubtedly created a good macro environment for digital currencies such as SHIB. As yields on traditional assets decline due to global quantitative easing policies, investors seeking higher returns are beginning to turn to the cryptocurrency market in search of new value lows, which has also boosted SHIB's current rise. Part 5 The power of SHIB community and consensus mechanism The community is an important source of vitality for any cryptocurrency, and SHIB has shown strong cohesion in this regard. Community members not only actively participate in the dissemination and promotion of SHIB, but also expand the influence of SHIB through various methods, such as initiating destruction activities to reduce the supply of SHIB and increase its scarcity. In addition, various innovative activities and DAO governance models carried out around SHIB in the community have invisibly enhanced SHIB's intrinsic value and social recognition. Part 6: SHIB’s technological innovation and ecological expansion In addition to market sentiment and community foundation, SHIB’s technical strength and ecological layout are also important driving forces for its price increase. For example, the launch of ShibaSwap marks the expansion of SHIB from a single token to richer financial application scenarios, including providing staking, swap, breed and other functions. This not only improves the practicality and liquidity of SHIB, but also increases the number of holdings. Investors’ confidence in SHIB’s future value-added space. At the same time, SHIB also actively explores the application of blockchain technology in the NFT field and launches the Shiboshis NFT series. Through unique digital collectibles, it injects new vitality into the SHIB ecosystem and seizes SHIB's position in the competition in the Web3.0 era. Take the initiative. Part Seven: A rational look at the investment value and risks of SHIB. Although SHIB has shown a strong upward trend in the short term, investors need to remain calm and rational when facing such a huge increase. The cryptocurrency market is highly speculative and volatile, and rapid short-term increases do not mean sustainable value growth. Therefore, when investors are considering entering the market or adding positions, they should have a thorough understanding of SHIB's long-term strategic plan, technology roadmap and its actual implementation, and make reasonable investment decisions based on their own risk tolerance. In general, SHIB's 300% increase within 7 days is not an accident. It is the result of multiple factors such as market sentiment, celebrity effect, liquidity improvement, and project ecological construction.However, it is worth noting that despite SHIB’s recent outstanding performance, the high volatility of the cryptocurrency market means that investors still need to carefully assess risks when participating, view short-term price fluctuations rationally, and fully understand and trust the long-term vision and project of the project. Prospects. But whether it is for SHIB or other crypto assets, Aolan believes that investment decisions should always be based on comprehensive analysis and rational judgment. It is necessary to see opportunities but also be aware of potential risks. For every investor, only by grasping the pulse of the market and understanding the nature of the project can they find truly valuable investment targets in the turbulent world of cryptocurrency, and not only enjoy the benefits they bring, but also effectively avoid potential risks. . In the feast of SHIB, only participants with both rationality and wisdom can have the last laugh.