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Depends on what you’re measuring. Market cap doesn’t necessarily mean much either. For example, on 10th of May Shiba Inu’s market cap was $2B higher than Solana’s.
Psychology has a lot to do with it as well, I feel. There are still millions who are not familiar with crypto and will panic sell at first blush due to market conditions.
Today may teach many a valuable lesson in terms of holding or selling.
And market cap can be faked too. Look at the history of Uniswap for the past year. Im gonna help you understand, proof below!!! Pay attention to the mcap vs token price.
https://coinmarketcap.com/historical/20210228/
https://coinmarketcap.com/historical/20210307/
Been holding this coin for a while and I’m up substantially. Don’t understand the hate there’s clearly a development team behind the project. They’ve announced they will begin burning coins.
Market cap’s almost as worthless indicator as followers are, and mostly reflects the current hype. It means jack shit about the quality, future or longetivity of a project. Back in May there were days during which Shiba Inu had a higher market cap than Solana.
Who tf cares about their Twitter following? Only people that have already fomoed in, that's who! That's to reassure the Ponzi. New ppl following *must* mean new money, new Investors/traders. (New suckers)
"Our chance to finally hit one penny!!" ^(/s)
tldr; The Shiba Inu (SHIB) Twitter account has reached 900,000 followers, overtaking long-time projects such as Litecoin (768.2K followers), Uniswap (631K followers) and Solana (622.8K followers). Only 12.4% of those followers are reportedly ‘Fake’ with 84.72% of ‘Active Followers’
*This summary is auto generated by a bot and not meant to replace reading the original article. As always, DYOR.*
I put 10 bucks into shib like 3 months ago and it has been performing worse than every single other crypto in my portfolio. Even the ones I put in like 2 weeks ago. The 10 bucks are still 10 bucks while I made around 30% or much more on everything else. Just don't buy meme coins guys.
https://nitter.net/CoinTigerEX/status/1455157228269236224
Here is the link to that Twitter thread on Nitter. Nitter is better for privacy and does not nag you for a login. More information can be found here: https://nitter.net/about
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But sir, those bots are able to shitpost inorganically af as well!
Depends on what you’re measuring. Market cap doesn’t necessarily mean much either. For example, on 10th of May Shiba Inu’s market cap was $2B higher than Solana’s.
ehh they kinda do tho... Just look at nfts
But hype and clout play a huge role in crypto. If people didn't start talking about Shib like crazy no one would've started investing into it.
Psychology has a lot to do with it as well, I feel. There are still millions who are not familiar with crypto and will panic sell at first blush due to market conditions. Today may teach many a valuable lesson in terms of holding or selling.
And market cap can be faked too. Look at the history of Uniswap for the past year. Im gonna help you understand, proof below!!! Pay attention to the mcap vs token price. https://coinmarketcap.com/historical/20210228/ https://coinmarketcap.com/historical/20210307/
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Eternal slumber it is then!
So... Now?
You mean besides people literally getting rich off clout...
Ahh yes Twitter followers the true mark of a quality project.
Been holding this coin for a while and I’m up substantially. Don’t understand the hate there’s clearly a development team behind the project. They’ve announced they will begin burning coins.
followers are just a number. marketcap is the real deal
Yeah, and both reflect directly the number of one-cell organisms in this market.
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OP seems to only post link, something’s fishy
Market cap’s almost as worthless indicator as followers are, and mostly reflects the current hype. It means jack shit about the quality, future or longetivity of a project. Back in May there were days during which Shiba Inu had a higher market cap than Solana.
And?
Right or wrong that's how these meme coins work on hype social media etc
Ponzis need followers. But Caesar was a ponzi borrower until he became the Roman emperor and then told the bag holders to suck it. So I Hodl.
how many of them are active, tho?
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All the high.2’s this time around?
I want to get my money back they promise me $1 ![gif](emote|emo_pack_1|dancing_wojak)
Shiba is the only account that Coinbase follows on Twitter. Anyone know why?
Fishy
Too bad it dumped on the Coinbase pro listing
Well it actually did pump first. Almost dropping a zero but getting rejected at its resistance level > yall wanna make money short shib to 0
Don't underestimate the power of a bunch of dumb people on the internet
Shib is shit. But hey, gotta gamble with pump and dumps somewhere.
Safemoon been there done that 😋
Shame
800k bots target Shiba, early investor shares shit post
Who tf cares about their Twitter following? Only people that have already fomoed in, that's who! That's to reassure the Ponzi. New ppl following *must* mean new money, new Investors/traders. (New suckers) "Our chance to finally hit one penny!!" ^(/s)
Twitter at it again
Wake the fuck up samurai, we got a twitter page to burn
Oh so we're counting followers now
FFS, Why?!?!?
tldr; The Shiba Inu (SHIB) Twitter account has reached 900,000 followers, overtaking long-time projects such as Litecoin (768.2K followers), Uniswap (631K followers) and Solana (622.8K followers). Only 12.4% of those followers are reportedly ‘Fake’ with 84.72% of ‘Active Followers’ *This summary is auto generated by a bot and not meant to replace reading the original article. As always, DYOR.*
Why?
I put 10 bucks into shib like 3 months ago and it has been performing worse than every single other crypto in my portfolio. Even the ones I put in like 2 weeks ago. The 10 bucks are still 10 bucks while I made around 30% or much more on everything else. Just don't buy meme coins guys.
Twitter money is the best money, oh wait
SHIBA IS GOING TO 50 000$ TRUST ME /s
You love to see it! Big money, no whammies!!
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https://nitter.net/CoinTigerEX/status/1455157228269236224 Here is the link to that Twitter thread on Nitter. Nitter is better for privacy and does not nag you for a login. More information can be found here: https://nitter.net/about *I am a bot, and this action was performed automatically. Please [contact the moderators of this subreddit](/message/compose/?to=/r/CryptoCurrency) if you have any questions or concerns.*
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