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    Shiba Inu Adds Nearly 36,000 Holders Since June Despite Crypto Market Turmoil

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    Shiba Inu Adds Nearly 36,000 Holders Since June Despite Crypto Market Turmoil

    crypto basset hound

    The price trend of Shiba Inu has been following the rest of the cryptocurrency market and remains negative. Notably, SHIB is still seeking to reclaim the high points it reached last year, when the value and popularity of the meme coin surged. As of this writing, SHIB is trading at $0.00001145, down 4.5% in the last seven days, data from Coingecko show, Sunday. Despite the crypto market’s sluggish condition, a portion of the dog-themed coin’s investors are optimistic that the asset will recover and are boosting their coin purchases while ignoring the market’s weakness. According to data from CoinMarketCap, as of September 24, SHIB has 1,226,031 holding addresses, representing an increase of around 35,835 new holdings over the course of three months. The new holders represent a 3% increase from the 1,190,195 who were registered on June 26. Related Reading: Dogecoin (DOGE) Is On Top Of Whales’ Menu – Here’s Why Shiba Inu: Increasing Use Case In addition to the prospect that new SHIB holders may wager on the coin’s appreciation, investors are likely drawn by SHIB’s rising utility. It is worth mentioning that interest in meme-based cryptocurrencies waned as a result of unfavorable publicity around the coins’ supposed lack of utility. Since June, Shiba Inu’s value has been on a roller-coaster ride, but the price has mostly remained low. The coin’s three-month high price was $0.000017 on August 15, and as of the time of writing, it had gained about 5% in the last 24 hours. Previously, the majority of retail investors liquidated around the price and then sought entry points as the memetoken approached $0.00001. Due to the massive concentration of tokens in the hands of small and medium-sized whales, Shiba Inu faces a significant increase in selling pressure whenever it succeeds to breach past local resistance barriers. Holding On To The Meme Coin Meanwhile, around 30% of SHIB investors have held the asset for more than a year, according to statistics from Into The Block. Despite the ongoing bear market, investors have generally abstained from disposing of their coins. These holders are fostering a bullish mood among investors while aiming to eliminate SHIB as a quick-profit asset. As of the time of writing, the trading volume of Shiba Inu is still declining, hence the token’s volatility remains high. The decline in trade volume is unfavorable for a coin that heavily depends on speculative appeal. As the number of SHIB holders increases, it appears that interest in the coin is waning. Google Trends data indicates that global searches for the keyword “Shiba Inu” decreased to their lowest level in the past 12 months, suggesting that SHIB could be losing its most avid fans. Related Reading: Can WAVES Flow Back From Its Low Ebb And Reclaim $4.6? SHIB total market cap at $6.27 billion on the daily chart | Source: TradingView.com Featured image from Daily Pets Care, chart from TradingView.com

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    How The Fed Is Punishing Bitcoin Investors | Weekly Update

    Anthony Pompliano

    How The Fed Is Punishing Bitcoin Investors | Weekly Update

    There’s only one thing to talk about this week: The Federal Reserve. Anthony Pompliano breaks down what The Fed did this week, and what it means for the bitcoin market going forward. FTX US is the most complete crypto and finance app that allows users to buy crypto, stocks in the future and NFTs with no fees. Download FTX US today using the links below for exclusive benefits awarded to BBS viewers: FTX App (Code “”pompbbs””): https://link.blockfolio.com/9dzp/2l8scudz
    -Earn free crypto on trades over $10 on the FTX mobile app- FTX Exchange (Advanced): https://ftx.us/home/#a=pompbbs
    -Receive 10% off trading fees on FTX.US exchange- Pomp writes a daily letter to over 200,000+ investors about business, technology, and finance. He breaks down complex topics into easy-to-understand language while sharing opinions on various aspects of each industry. You can subscribe at https://pomp.substack.com/ View open jobs in crypto: https://pompcryptojobs.com/
    Enroll in my crypto academy: https://www.pompscryptocourse.com/ Follow Pomp on social media:
    Twitter: https://twitter.com/APompliano
    Instagram: https://www.instagram.com/pompglobal/
    LinkedIn: https://www.linkedin.com/in/anthonypompliano/
    Website: https://anthonypompliano.com/ #AnthonyPompliano #Pomp #Bitcoin #Finance #Business #Crypto

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    How To Get A Job In Bitcoin & Crypto

    Bitcoin

    How To Get A Job In Bitcoin & Crypto

    Sign up here: https://www.thecryptoacademy.io/ Pomp writes a daily letter to over 200,000+ investors about business, technology, and finance. He breaks down complex topics into easy-to-understand language while sharing opinions on various aspects of each industry. You can subscribe at https://pomp.substack.com/ View open jobs in crypto: https://pompcryptojobs.com/
    Enroll in my crypto academy: https://www.pompscryptocourse.com/ Follow Pomp on social media:
    Twitter: https://twitter.com/APompliano
    Instagram: https://www.instagram.com/pompglobal/
    LinkedIn: https://www.linkedin.com/in/anthonypompliano/
    Website: https://anthonypompliano.com/ #AnthonyPompliano #Pomp #Bitcoin #Finance #Business #Crypto

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    Become Mentally Tough #shorts

    Anthony Pompliano

    Become Mentally Tough #shorts

    Dwelling on the bad things that happened to you won’t make your future better. Anthony Pompliano gives some practical life advice. Pomp writes a daily letter to over 200,000+ investors about business, technology, and finance. He breaks down complex topics into easy-to-understand language while sharing opinions on various aspects of each industry. You can subscribe at https://pomp.substack.com/ View open jobs in crypto: https://pompcryptojobs.com/
    Enroll in my crypto academy: https://www.pompscryptocourse.com/ Follow Pomp on social media:
    Twitter: https://twitter.com/APompliano
    Instagram: https://www.instagram.com/pompglobal/
    LinkedIn: https://www.linkedin.com/in/anthonypompliano/
    Website: https://anthonypompliano.com/ #AnthonyPompliano #Pomp #Bitcoin #Finance #Business #Crypto

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    Fall Of Crypto King, A Canadian Driven-Lambo Records $35M Losses

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    Fall Of Crypto King, A Canadian Driven-Lambo Records $35M Losses

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    A self-acclaimed Crypto King has witnessed piles of demands from 140 of his investment clients. The 23-year-old tycoon runs a personal company known as AP Private Equity Limited. His investors want a part of his firm’s total of $35 million. The CBC report stated that the creditors claimed they gave their funds to Aiden Pleterski. The aim was for investment in cryptocurrency and foreign exchange on their behalf. Hence, they must uncover where the Crypto King has laid all their money. Related Reading: Polygon (MATIC) Downward Trajectory Faces Resistance At $0.94 Level Investigation Counsel PC has made a series of complaints regarding Pleterski. These include a bankruptcy trustee’s report, court filings, creditors meeting minutes, and other complaints. Investigation Uncovers Luxury Lifestyle Of Pleterski The investigation revealed that Pleterski has 11 vehicles and leased four luxury cars. Also, he resides in an expensive lakefront mansion rented for $45,000 per month. In addition, he frequently uses private jets to fly around without stress. The founder of Investigation Counsel PC, and the fraud recovery law company, Norman Groot, reacted to their discovery. He noted that Pleterski’s extravagant lifestyle does not provide the exact cumulative amount of missing money. Groot mentioned that the investors had warning signs of massive yields that could have cautioned them. He highlighted that the 5% weekly interest doesn’t exist in an open market. Also, a 23-year-old will not turn into the next Bill Gates. So, it is best to communicate with a conservative person while getting another opinion. Presently, some assets worth about $2 million has been confiscated from Pleterski. These include a Lamborghini, two BMWs, and two McLarens. The bank accounts and assets of Pleterski were frozen due to an initial lawsuit raised against him. The present bankruptcy proceedings have superseded the freeze. It serves as a suitable option for the investors for the recovery process. This is because bankruptcy proceedings are superior when it comes to civil claims. One of the creditors, Diane Moore, commented on her $60,000 investment contract. She stated that it would yield up to 10% – 20% fortnightly. Also, she was to receive a considerable share of a 70-30 split on all capital gains. She said the entire investment depends on trust and claimed to be about $50,000 pocket out. Pleterski Disputes Crypto Investment Claims Micheal Simaan, the lawyer for Pleterski, disputed the accusation against his client. Simaan stated that his client has fully cooperated with the bankruptcy proceedings. The lawyer reported that Pleterski’s into crypto began from his teenage age. By making massive success through the bull markets, many investors became interested and offered their money for investment to get rich. Related Reading: Aave (AAVE) Attracting Whales Over Past Few Months – Will It Spur Price Rally? On his part, Pleterski stated that the problem with his investment firm is bad trades and margin calls. The effect became intense due to the prevailing crypto winter and the price crash in the market. He reported that he lost all the money from his investors from late 2021 to the beginning of 2022. Featured image from Pixabay, Chart: TradingView.com

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    Everybody Struggles #shorts

    Anthony Pompliano

    Everybody Struggles #shorts

    Stop doom scrolling and remember something: everyone struggles. Anthony Pompliano reminds us of an important life lesson. Pomp writes a daily letter to over 200,000+ investors about business, technology, and finance. He breaks down complex topics into easy-to-understand language while sharing opinions on various aspects of each industry. You can subscribe at https://pomp.substack.com/ View open jobs in crypto: https://pompcryptojobs.com/
    Enroll in my crypto academy: https://www.pompscryptocourse.com/ Follow Pomp on social media:
    Twitter: https://twitter.com/APompliano
    Instagram: https://www.instagram.com/pompglobal/
    LinkedIn: https://www.linkedin.com/in/anthonypompliano/
    Website: https://anthonypompliano.com/ #AnthonyPompliano #Pomp #Bitcoin #Finance #Business #Crypto

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    Billionaire Career Advice From Their First Job #shorts

    Anthony Pompliano

    Billionaire Career Advice From Their First Job #shorts

    crypto basset hound

    What’s the secret career advice known by billionaires everywhere? Anthony Pompliano breaks down what young people should know about their careers. Pomp writes a daily letter to over 200,000+ investors about business, technology, and finance. He breaks down complex topics into easy-to-understand language while sharing opinions on various aspects of each industry. You can subscribe at https://pomp.substack.com/ View open jobs in crypto: https://pompcryptojobs.com/
    Enroll in my crypto academy: https://www.pompscryptocourse.com/ Follow Pomp on social media:
    Twitter: https://twitter.com/APompliano
    Instagram: https://www.instagram.com/pompglobal/
    LinkedIn: https://www.linkedin.com/in/anthonypompliano/
    Website: https://anthonypompliano.com/ #AnthonyPompliano #Pomp #Bitcoin #Finance #Business #Crypto #shortsfeed

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    Heed Macro Tourist Headlines At Your Peril

    Call

    Heed Macro Tourist Headlines At Your Peril

    crypto basset hound

    For more information on subscribing to The Call @ Hedgeye: https://info.hedgeye.com/l/764243/2021-09-13/jj9wh8 Register for Hedgeye On The Prize FOR FREE: https://info.hedgeye.com/ontheprize2022 For more FREE investing videos: https://info.hedgeye.com/l/764243/2021-08-11/h1lpc3 Get access to Hedgeye’s FREE Market Brief newsletter: https://hedgeye.com/marketbrief Sign up for Hedgeye University FOR FREE: https://accounts.hedgeye.com/thinkific_sso_login For info on subscribing to Macro Pro: https://info.hedgeye.com/l/764243/2022-02-03/trbh5w On a recent edition of The Call @ Hedgeye, Hedgeye CEO Keith McCullough explained how investors should utilize a repeatable investing process to combat “Macro Tourist” headlines/narratives dominating mainstream media. “It’s totally inconsistent to make a call on the ‘Dot Plot’ today and to not have made a call on the CPI number just over a week ago,” explains McCullough. “You don’t come into Fed Day after the market’s been crushed and then start to say, ‘Well, now I expect the dots to be hawkish. The dots went hawkish as soon as the CPI was printed.” Watch the full clip above for more insight.

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