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AMAZON FINALLY TO ACCEPT SHIBA INU AND HELP IT REACH $1 THIS YEAR! - EXPLAINED - YouTube
Channel: ShibaAddicted
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Something insane is about to happen to help
Shiba Inu hit $1. This news first hit the crypto
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streets a couple months ago when an insider
hinted at a possible partnership between the
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ecommerce juggernaut, Amazon and Shiba Inu.
This insider also hinted at a few other
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partnerships that have since then happened. But
the Amazon news somehow got buried underneath
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all the massive news and updates that have
been trailing Shiba Inu in recent times.
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Well, I guess it’s time to
open up that chapter again. So,
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make sure you stick around to the end of this
video if you don’t want to miss any detail.
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Disclaimer.
This is a giveaway winner from yesterday.
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Also, if you are interested in getting price
predictions and crypto news literally every
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hour, then join my Telegram channel.
What’s up SHIB army and welcome to the
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channel. If it’s your first time here, a very
special welcome to you. Make sure to hit that
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subscribe button and turn on notifications
so you don’t miss out on daily updates about
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Shiba Inu and the crypto market. With that
said, let’s get straight into today’s video.
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Shiba Inu has been on a winning streak lately
and the prospects seem to only be getting better
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and better. In today’s video, I’m going to
be talking about the potential partnership
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between Shiba inu and Amazon and how that is
going to send Shiba Inu’s price skyrocketing.
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Like I said, it’s been a really good past
few weeks for Shiba Inu with tons of news
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mentions and significant price rallies. SHIB is
really beginning to get noticed for its potential.
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In fact, NASDAQ made an article about Shiba
Inu on its website and in the words of the
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blog’s author, Shiba Inu is skyrocketing.
So, before we get to the Amazon news,
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let’s see what NASDAQ had to say about Shiba
Inu. In the post, NASDAQ talks about Shiba
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Inu’s price surge which the company puts at 45.6%
in the last 24 hours as of October 5, 9.00 am.
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This crazy rally came after Tesla’s boss,
Elon Musk, tweeted a photo of his puppy,
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Floki on social media. This is not the
only reason of shib’s price surge, but
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anyway as a result, Shiba Inu has now risen
to become the 33rd largest cryptocurrency in
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the world with a market cap of $6.42 billion.
At first glance, Shiba inu is nothing more than
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a meme token built on the Ethereum blockchain.
It was created anonymously by a person or entity
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known as Ryoshi in August 2020. It takes only
a few minutes nowadays to launch one’s own
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token on an existing blockchain. There’s even a
graphical user interface site called cointool.app
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that helps those who cannot write
code to make their own cryptocurrency.
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I hate to disappoint the masses, but Shiba
Inu isn’t just another pump and dump.
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Right now, its tokens are the native
currency of decentralized exchange ShibaSwap.
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Users can use their SHIB to earn rewards to
provide trading liquidity to buy and sell
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non-fungible tokens, stake them, and earn interest
for validating transactions and more. Total value
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locked on the platform has surpassed $260 million.
The author even goes ahead to advise readers
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to “add a small stake into your bonefolio to see
where it goes.” This is practically an endorsement
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from Nasdaq and to understand why this is such a
big deal, you need to understand what Nasdaq is.
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Nasdaq is short for National Association
of Securities Dealers Automated Quotations.
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It is the second largest stock exchange
in the world as well as the largest and
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oldest electronic stock market in the world.
The company started online operations in 1971 when
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trading was still only carried out on a physical
trading floor. As a pioneer in electronic trading,
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it’s no surprise that it quickly attracted the
attention of new and innovative high-tech startups
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at the time, like Microsoft and Apple.
According to Business Insider,
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Nasdaq plays an important role in the US
and global economy. Its two major indexes:
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the Nasdaq Composite and the Nasdaq 100 are two of
the most closely watched barometers of business.
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The exchange has over 3700 public companies listed
for trade, and altogether, these companies have a
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joint market cap of more than $19 trillion, which
is only slightly less than NYSE at $25.5 trillion.
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So, simply put, Nasdaq is not small time.
And if Shiba Inu is getting the attention
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of this exchange, it’s a sign that Shiba
Inu is actually making giant strides.
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The SHIB army has every reason to be excited.
Speaking of, Nasdaq isn’t the only big exchange
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looking to give Shiba Inu a spot on its blog
read by millions. If you remember, I talked
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about a certain crypto writer looking to write a
dedicated article for LEASH on Coin Market Cap.
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So, not only is SHIB growing, LEASH is gaining
momentum too. In a recent tweet, Hassan Shafiq,
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the crypto writer, seemed to indirectly
confirm that he was certainly going to
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be doing the LEASH article. So, I guess we
should be expecting the article any day now.
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Of course, make sure to stay subscribed so
you get to know once the article is released.
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Alright, we’ll get to the Amazon news in a
couple of minutes. But before then, let’s check
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out a few updates from the streets of Twitter.
Well, another exchange has its eyes set on two
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SHIB tokens, Leash and Bone. And this time, it’s
Coinspot. Coinspot is an Australia-based crypto
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exchange used by more than a million Australians
to buy, sell, and swap cryptocurrencies.
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It has a mission to provide hassle-free service
that encompasses everything a trader needs to buy,
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sell, and manage a variety
of cryptocurrency accounts.
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The exchange was launched in 2013 and
is Australia’s most trusted and secure
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crypto exchange. It has undergone the most
audits and has even received certification
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from one of the most trusted certifying bodies.
The exchange already listed Shiba Inu in May and
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now after Shibstastic reached out to the team,
Coinspot is also considering listing SHIB’s
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siblings, LEASH and BONE. In fact, the response
from the official Coinspot account suggests that
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the recommendation to list BONE and LEASH
has been sent to the appropriate teams.
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So, might we be seeing a listing soon? Well, if
we all rally round and really show our commitment
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and passion like Shibstatic suggests, we can bring
home this listing. Already, Coinspot is favorably
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disposed to Shiba Inu, we just need to leverage
that and we can bring home yet another listing!
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Alright, one more update from
Twitter and then we’ll get to Amazon.
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I mentioned from the start that Shiba Inu has
been getting a lot of attention on social media
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and everywhere else. Here’s one more proof.
Mike the Situation made a recent post on
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Twitter. A pretty short tweet but it said a lot…
It’s happening with a rocket emoji @Shibtoken
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So, who is Mike the Situation? Mike the Situation
whose real name is Michael Paul Sorrentino
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is an American TV star. He appeared on all
six seasons of the MTV reality show, Jersey
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Shore from 2009 through 2012 and returned to the
franchise with Jersey Shore: Family Vacation.
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Mike the Situation’s endorsement of Shiba Inu
marks the beginning of celebrity endorsements
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for Shiba Inu. The hope is that we continue to get
more of such endorsements which will help us win
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over more investors and boost prices as well.
And now, with that said, let’s get
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to the potential partnership
between Amazon and Shiba Inu.
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Guys, remember a long time ago when Cryxpto
said SHIB is gonna get listed on Amazon in
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2022 and Robinhood and Webull, and everyone
said he’s crazy and dumb for thinking that.
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But look, Robinhood is listing
SHIB soon and Webull already did.
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Now, check out this article.
Jeff Bezos has reportedly
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directed Amazon to accept cryptocurrencies as
legal payment and industry insiders claim the
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ecommerce giant would start adopting the
new form of transaction as early as 2022.
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The crypto market spiked after leaked reports
that Amazon is considering to accept Bitcoin
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and other popular coins as payment. However, an
industry insider claims Amazon is not looking
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at Bitcoin but is considering to accept Shiba Inu
as a form of legal transaction at the check out.
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Now, hold it for a second, you’re probably
thinking, how is that possible? Why would
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Amazon pass over Bitcoin for Shiba Inu and other
coins? But you fail to recognize something,
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Tesla passed over Bitcoin too earlier in the year.
At first, Elon Musk announced that Tesla would be
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accepting Bitcoin as payment for Tesla
vehicles. However, that decision got
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changed later due to Bitcoin’s proof of work
mechanism and how energy inefficient it is.
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So, yes, major companies have ditched
Bitcoin before. It’s not entirely unheard of.
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But that’s not even the main reason Amazon
is likely considering SHIB and other coins.
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The main reason is that Shiba Inu
works better for Amazon’s bottom line.
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If an ecommerce platform like Amazon is
looking for a cryptocurrency to accept as
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a form of payment, it has to choose a coin or
a token that’s as close to fiat as possible.
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Bitcoin is way too volatile for the billions
of transactions Amazon processes daily.
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This is why it shouldn’t be surprising that
Amazon is considering SHIB over Bitcoin.
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In fact, it’s in Amazon’s best interests
to take SHIB over Bitcoin which is why I
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think we will be able to pay for stuff
on Amazon with Shiba Inu soon enough.
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Alright, that brings us to the end of
today’s video. Let me know what you think
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in the comment section. And if you enjoyed
this video, then please like this video and
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leave a comment in the comment section. This
really helps me with the Youtube algorithm.
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If you are a true Shiba Inu fan,
then you must check out this video.
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