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WHY ROBINHOOD JUST ACCEPTED SHIBA INU COIN AND PLANS TO BURN TRILLIONS UNTIL REACH $0.10? - YouTube
Channel: Crypto Daily News
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Robinhood plans to Accept Shiba inu coin and
help the coin to burn trillion tokens.The
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Shiba Inu coin has more than 350 trillion
tokens.
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This supply is not helping the coin reach
its desired milestone of $0.10.
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The coin is now available on major exchange
platforms, but recently, Robinhood announced
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a new wallet that is ready to be launched
and they have plans to add new tokens to the
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platform.
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There is new information about adding Shiba
Inu in October and the burn inside the new
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wallet can happen.
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The company has been promoting its crypto
wallet and we've seen mentions of Shiba Inu
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Coin in the comments, whenever they've done
so.
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We'll see what the robin hood has planned
for the Shiba inu coin.
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We will also talk about Shiba Inu surpassing
dogecoin and what shytoshi Kusama has already
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started doing in the background to take the
token to the moon.
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Also, we'll go over the $5 million shiba inu
investment that has been made so far.
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We will be talking about Shiba inu recent
updates on the Non-fungible token industry.
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So, make sure you watch the video until the
end, do not forget to subscribe, comment down
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below what do you think about the Shiba inu
coin.
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With no more excuses, let's get started.
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For SHIB holders, is this price increase a
positive sign?
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It was only a week ago that crypto currency
Coinbase officially confirmed the launch of
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the Shiba Inu token, the dog meme-coin backed
by millions of crypto holders.
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The price of the SHIB token increased by 35%,
and the coin market cap of the meme rose from
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$2.3 billion to $3.5 billion in less than
24 hours.
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Before the official Coinbase announcement,
the SHIB token was trading at $0.0000066.
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In response to this news, the price of the
SHIB token skyrocketed to $0.0000098, nearly
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breaking the one-year high.
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After that, it was expected that the price
of the SHIB token would fall, and that is
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exactly what happened.
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The token is now worth $0.0000075.
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Because of its 1,000,000,000,000,000 maximum
token supply, many market analysts believe
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that the SHIBA token will not recover and
will not reach any significant all-time highs.
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Some crypto analysts, however, continue to
support the SHIB token due to its 434,152
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percent ROI since its inception in the crypto
market.
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The Shiba Inu update on the Non-fungible token
industry.
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Whenever you open Twitter, you'll see the
hashtag NFTs everywhere!
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A bearish crypto market has not stopped NFTs
from thriving.
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Many crypto analysts expect their popularity
to multiply several times over the next few
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years, as more and more well-known musicians
join the NFT community.
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NFT games like Crypto Blades known as KILL,
Alien Worlds or TLM, and many others, have
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thousands of daily active users, with their
NFT tokens increasing in price, as the world
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of NFT expands at an alarming rate.
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with Axie Infinity leading the pack with over
$1.1 billion in sales.
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The Shiba NFT, a new ecosystem in which you
can buy a SHIBA token and use it to mint Shiba
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Inu NFTs, was launched by the Shiba Inu creators
in light of the buzz surrounding NFTs.
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To prevent future price exploitation, the
Shiba Token team has made it clear that they
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will not be giving any of their NFT tokens
to Vitalik Buterin or Elon Musk.
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There may be an increase in the value of the
Shiba Inu token in the near future due to
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the launch of ShibaNFTs, which is a collection
of 7,777 NFTs representing Shiba Inu Dogs.
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What Robinhood just announced recently about
the Shiba Inu coin?
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Robinhood is the desired exchange platform
for all Shiba Inu holders.
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The coin is now available on major well-known
exchange platforms like Binance and coinbase
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pro, but the Shiba investors are not yet satisfied
with the coin achievement; they hope to see
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the coin being traded on the Robinhood exchange
platform.
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Looks like the investors' wishes have been
heard because now we are seeing good recognition
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for all the effort that the Shiba Inu community
has made since its launch in August 2020.
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Recently, we had a new update about Shiba
Inu and Robinhood.
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This is relevant because it was previously
reported that Shiba will be listed on Robin
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Hood in October, so, the company has begun
teasing its new crypto wallet with a poll
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and an explanation of what they are.
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This follows up on a previous tweet that explained
what crypto wallets are.
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For those of you who use the Robinhood app,
the Robinhood crypto wallets make it easy
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to transfer crypto from one wallet address
to another, as well as to receive supported
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crypto currencies into your account.
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You can move supported coins into your Robinhood
account so that you can trade them commission-free,
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and you can also consolidate your coins into
one account to make it easier to track your
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portfolio.
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Robinhood's crypto currency wallet has yet
to be fully released, but we'll keep you informed
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if anything changes.
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In terms of a launch date for its crypto wallet,
Robinhood has yet to provide any information.
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A few details, however, have been made public
by the develpers.
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Vlad Tenev, CEO of Robinhood, responded to
a shareholder question about a possible crypto
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wallet in the company's Q2 2021 earnings Q&A.
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With the "rapid expansion in crypto during
the first and second quarters," Tenev explained
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that in order for Robinhood to manage the
capacity of interest, the company had to expand
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its crypto currency team and scale its systems.
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We saw a new update coming from Del Crxpto
about robin hood adding Shiba Inu.
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He said that “New narrative, Robinhood App
may add SHIB AFTER expanded exchange & wallet
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services.
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Currently, Robinhood App does not charge for
crypto trading but they see the money SHIB
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can create.
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The project is behind as they try to integrate
multi-blockchains.”
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The fact that we're seeing previews of confrontational
or provocative tweets from robin hood, concerning
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the crypto wallet implies he's getting ready,
and then once the wallet is ready, we'll be
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looking to integrate Shiba into these wallets.
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This started to come as a bit of a surprise
to everyone because no one expect Robinhood
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to make any mentions just before its official
release.
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One of the best things that we can notice,
is that Robinhood can use Shiba Inu to promote
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their new crypto wallet, you know why?
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The answer is simple, because Shiba Inu has
over 672,681 holders and they are long-term
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investors.
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So, with this number of holders using their
new wallet, they can have more opportunities
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to make the Robinhood wallet a successful
wallet launched in 2021.
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Inside the Robinhood new wallet, they explained
that they will integrate multiple blockchains
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inside the wallet, so, we hope that this has
any relation to the upcoming Shiba Inu coin
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blockchain.
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You know that Robinhood offers commission-free
for every transaction made through the app,
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but on this wallet seems like they will start
charging a fee.
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Do you know what pacts can be made?
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Shiba is well-desired crypto to reach $0.10,
and if Robinhood charges a small fee on the
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new upcoming wallet, they can exchange the
small percentage off fee by burning some tokens,
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as we know they will integrate multiple blockchains
inside the wallet.
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So with this feature, it will be possible
to burn trillions of tokens each month.
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What shytoshi Kusama just said recently about
Shiba Inu coin.
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Shytoshi Kusama is already experimenting with
new and creative ways to burn more Shiba tokens
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than ever before.
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As a result, the shiboshis nft has been re-released,
and each buyer will be able to change the
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nft's name by burning a Shiba Inu token each
time these nfts are purchased.
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The fact that we have a developer who works
hard to experiment with different ways to
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burn trillions of tokes. he introduces ways
that we haven't previously seen.
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making it possible to see the Shiba Inu reach
its desired milestone in the future is what
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excites every investor.
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We have developers who are working hard to
achieve what the community is looking for.
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a mysterious buyer acquires 699 trillion Shiba
inu tokens from Binance for $5 million.
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Since the first week of August, a large number
of whales have begun taking entry positions
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in Shiba Inu.
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Following that, SHIB was added to popular
trading platforms like Binance and Coinbase.
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With this new information coming about list
Shiba Inu token on different platforms, another
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mysterious whale has taken a position in SHIB
and paid an eye-popping 4.9 million dollars
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to own a whopping 699 billion coins on Binance.
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In WhaleStats, the wallet number and time
of transaction were both included in the whale
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entry.
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In the last 24 hours, a SHIB whale, purchased
699,950,841,856 SHIB from Binance.
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he invested $4,955,652.
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The number of investors holding SHIB on their
"watchlist" section has grown to over 1 million,
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surpassing Dojecoin's numbers.
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There were 1,116,959 investors following Shiba
Inu, compared to 1,126,802 investors following
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Dojecoin.
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Thanks for watching the video until the end,
do not forget to like the video, subscribe,
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and comment down on what do you think about
the Shiba inu coin.
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