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Shiba Inu Coin Price Prediction will go up 25,000% - YouTube
Channel: The Moving Average
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literally everybody is talking about it
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and it is a force to be reckoned with
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and you should not ignore it because it
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might be a big mistake shiba inu token
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the next big meme coin
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is out with a vengeance currently there
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is a culture of meme coins and reddit
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articles that are going viral
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and it cannot be ignored anymore just to
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put this out there a few hundred dollars
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to even a thousand dollar investment in
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dogecoin made more millionaires in the
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last year
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than anything you could possibly imagine
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[Music]
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welcome back to the channel everybody my
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name's artie and this is the moving
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average a show where we discuss
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everything day trading to keep you
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profitable on a consistent basis now as
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you guys know i really like to do
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technical analysis breakdown market
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structure trend line support and
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resistance fibonacci retracement levels
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all of that gets thrown out the window
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when it comes to meme coin crypto
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currencies or things like gamestop amc
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dogecoin which for years i referred to
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as dog
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i've been in the cryptocurrency space
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for quite a long time and i've created
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more than a thousand videos for a
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different youtube channel do not watch
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that but overall i am extremely educated
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on all things cryptocurrency
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at the time of making those videos i was
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deeply following the top 10
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cryptocurrencies watching different
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market caps rise and fall i was
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massively against xrp for reasons you
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could probably research on your own but
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during that time of me getting into
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cryptocurrencies and learning absolutely
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everything there is to know i was highly
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aware of the pump and dump a lot of that
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happened in 2018 when bitcoin was
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growing in popularity pretty much every
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chart looked like this
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and then this now however since
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cryptocurrencies are more widely adopted
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some of these things that i thought were
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pumping dumps were pump and retrace and
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skyrocket to millionaire now
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let's look at the chart of dogecoin
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at this time at the end of 2020
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i had it in most of my videos saying
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that it was a pile of garbage and it was
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just gonna pump and dump and please
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don't risk your money i was wrong at
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this time dogecoin was at like .0028
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and then it pumped up and i was like i
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promise you guys it's going to dump down
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and sure enough from its high point in
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november 2021
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it dropped 33
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in like two days and i really felt bad
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for a lot of people because they
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invested thousands of dollars and then
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they didn't do so well they lost a lot
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of money and i had been saying for
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months you know it's bad like don't do
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it after that however some tick tock
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viral video went out and look what
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happened
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it just
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kept
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going up and up and up and up so from
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that time that i said don't buy it it
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went up
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387
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then again everybody started cashing out
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and again i was like oh it's just a pump
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and dump now if we keep watching what
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the price did hold on i have to really
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adjust my chart
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uh it skyrocketed
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because elon musk and the internet and
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culture
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whatever so from that point that i said
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don't buy it it went up 2953
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millionaires that invest their money
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into these huge hedge funds are ecstatic
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when they gain 20 annually 3 000
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is an absurd number but again i just
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thought you know it's still that pump
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and dump mentality it's gonna get you
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know promoted by somebody or something
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and then
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you know it'll flop on its face because
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it's got no usefulness and i look into
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cryptocurrencies that are useful bitcoin
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ethereum chain link you know the top
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ones and again
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it started doing
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this and
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it didn't stop because
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and i hate to say this which is why i
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didn't want to make this video because i
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know there's going to be a bunch of
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scammers in the comment section that i
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have to delete like the whole
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cryptocurrency market is just it's weird
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okay but
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dragging my little tool thing
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all the way over here we were at a
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maximum profit of twenty five thousand
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four hundred and forty nine percent
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is this um this stuff regulated are you
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guys what are you doing here so there
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are people that love scalping the
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markets there are people that love swing
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trading there are people that love to
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long-term invest and now there is a huge
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subculture around
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meme coins it cannot be ignored and the
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more noise i hear about all of these
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meme coins
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i've actually started investing in them
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i put a hundred dollars in everything
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that i see on reddit or things that are
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going viral on instagram or facebook or
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whatever and i've done substantially
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well a lot of these just dropped and
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never did anything but the ones that did
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go up i've made thousands upon thousands
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upon thousands of dollars on now the
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whole reason you guys clicked on this
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video is to hear about the shiba inu
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coin also known as the dogecoin killer
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now do you remember when we looked at
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dogecoin in its first pump up that i
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said don't buy if you guys recall that
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was about a 300 gain currently on shiba
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inu we are at that 300 game i am no
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longer saying don't buy pump and dumps i
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am saying
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if you have a hundred bucks to literally
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throw away like if a hundred bucks fell
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out of your pocket as you were taking
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out your keys and you were like ah no
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big deal
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take that money and put it in toshiba
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inu if it loses 100 of its value
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just lost 100 bucks no big deal you've
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already decided that if it fell out of
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your pocket you'd get over it but if it
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goes up
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you could have 25 grand conversely if
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you lost a thousand dollars
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or had 2.5 million like you can see the
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risk to reward here is unparalleled now
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on monday i had an alarm set in my phone
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that said buy shiba inu i bought in at
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10 am my time from that time at exactly
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10 am and this is what really really
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messed with me is that i bought the
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tokens at 10 a.m and i was like i'm not
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gonna look at it for five years i'm just
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gonna buy it and i'm gonna sit on it and
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see what happens by the end of that day
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i was up 18 which is what a millionaire
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investing into a hedge fund would get
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annually and i was like okay i need to
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make a video on this needless to say i
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had the video planned since monday i
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wanted to discuss everything about shiba
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inu but there's no point in me
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regurgitating all the information that's
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already on the internet especially the
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fact that this morning five hours before
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i started recording this graham stefan
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released another video saying all in on
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sheba enu and he's got like what
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3.44 million subscribers and his latest
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video is all in shiba inu so just doing
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technical analysis for the fun of it on
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shiba inu if we look at a fibonacci
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retracement on this bull run that it had
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it is completely perfectly and utterly
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retraced at the 0.5 my price target
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right now
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is right here take profit one two and
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three i'm not taking profit i'm just
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saying that this is the next price
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target if it goes up from where i bought
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it at 10 a.m
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on
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monday up to there
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i am at a 91
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profit i would be completely happy with
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that but i'm pretty sure it will
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continue to go up because the internet
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is a thing and memes are a thing
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you know nothing
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snow
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also let me put this in perspective you
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guys have heard if you start saving your
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money at age 18 and you save 10 of your
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paycheck and you put it into a roth ira
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and then by the time you're 65 you'll
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have 1.74 million dollars
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you can literally make that off of a
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thousand dollar investment into this as
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it go and it just like that's crazy the
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whole system is completely flipped now
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meme investing is a thing even big banks
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are noticing and the manipulation and
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the price movement and hundreds of
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millions of people buying in this thing
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isn't even listed on robin hood yet once
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that happens i mean
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so if you guys are looking for
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opportunities i would go to reddit or
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tick tock or whatever next you know
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popular thing is being discussed just
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like throw 100 bucks at everything that
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you possibly can because one of them is
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gonna go
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crazy now if you guys enjoyed this video
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and you're excited about either losing a
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hundred dollars or making 25 grand make
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sure you hit that like button just for
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the youtube algorithm and to make me
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feel good about myself if you want to
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learn all about shiba inu token and what
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it does and why it's the dogecoin killer
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watch graham stefan's video right here
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but if you guys want to learn technical
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analysis and how to day trade and like
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make profits consistently make sure
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you're subscribed to the channel and
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check out all of my beginner and
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intermediate playlists subscribe now
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thank you for subscribing
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i seriously hate the fact that i even
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have to make this video
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