I FOUND THE NEXT SHIBA INU

Posted On Dec 4, 2021 By admin With Comments Off

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FLOKI INU:
On June 25 th, when Elon Musk tweeted “My Shiba Inu will be appointed Floki”…a team of developers from the Shiba Inu parish recognized that this had the potential to become a trend, and so they created…Floki Inu. It was perfectly outlook so that, when Elon Musk announced that he had adopted his puppy, Floki, on September 12 th…their copper was ALL READY to go…and now, it’s up 370% in the last 7 days.

PROS:

They have good marketing:
They were smart to list the cryptocurrency after Elon Musks brand-new puppy…and, whether or not he endorses Floki Inu…a mere MENTION of the dogs name on twitter will send people theorizing into oblivion that…MAYBE…”he privately required the cryptocurrency, and it’s about to moon any moment…”…so, it’s genius.

Second, they have interesting future projects – if they actually capitalize on the momentum:
Long period – they want to build their own Metaverse, which would be covered by gameplay elements of Pokemon, SkyRim, Animal Crossing, and FarmVille…with upgradeable NFTs along the way.

Third, the quaver user, RedStart, too explains that various very large holders…known as “Whales” – have slowly begun to buy in Floki Inu, and – apparently – those were the same people who helped initiate the Shiba Inu Pump.
https://twitter.com/r3dstart/status/1454241128698441730

Fourth…undoubtedly, there’s a proof bias that – if Dogecoin and Shiba Inu did it – FLOKI INU CAN, TOO…and, whether or not that’s right…if enough parties believe it to be…it will . .

Fifth…there’s now a growing petition to get Floki Inu listed on Coinbase, which would make it MUCH easier for people to buy and sell.
https://www.change.org/p/floki-community-floki-inu-to-be-listed-on-coinbase

CONS:

First, they have a big marketing budget – and, because of that – it becomes harder to tell who’s genuinely interested in the project, and who’s paid to talk about it as an influencer.

Second, Floki Inu is benefitting from the exposure of Shiba Inu…which, benefited from the exposure of Dogecoin…and, if one of those were to fall…I have a feeling, the residue would sag alongside with it.

Third, I’ll be honest…I’m not sure I accompany the NEED for a gaming metaverse confined to the cryptocurrency.
I just think, if this were a popular game – there would be MANY, MANY ways to monetize – from participations, recurring in-game acquires, hiring scalps, and various categories of other options – of which, are now in their best interest to accept ANYTHING – not just Floki Inu.

And fourth – just like every other cryptocurrency that has its full potential to rally in expenditure – be prepared that this can go down, more.
When things seem as easy as it looks, and beings race from one to another, chasing returns … it realizes me worried that risk isn’t being taken into account, and instead – it’s a game of melodic chairs to make money as fast as possible. I have NO DOUBT that you can stir some moderately substantial returns in the process if you age it well…but, belief on short term crusades shouldn’t be taken delicately.

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