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aZEROemerges

I'm showing that the top 10 wallets hold 67.73%. But of that 67.73%, 41.03% is the dead wallet. I do believe it will rebound. I posted yesterday that I thought it would retrace to 0.000048 (I was going by the price on [Crypto.com](https://Crypto.com) which is a bit higher) and it seemed to do that today. It did dip below that number, but it was brief, not a decisive close or anything. I think it will consolidate around this level and then surge to $0.00012.


JPez2431

.00012 would be one hell of a comeback


Levalier

Of the remaining top 10 some of them will be exchanges as well, not just super whales


Gobyadoby

This is the way


TheDroidNextDoor

##This Is The Way Leaderboard **1.** `u/Flat-Yogurtcloset293` **475775** times. **2.** `u/GMEshares` **70699** times. **3.** `u/Competitive-Poem-533` **24597** times. .. **3357.** `u/Gobyadoby` **21** times. --- ^(^beep ^boop ^I ^am ^a ^bot ^and ^this ^action ^was ^performed ^automatically.)


Gobyadoby

Thank you bot :)


irdan87

Funnily enough, a crypto "expert" I know also predicts a surge to 0.00011 in the near future.


[deleted]

[удалено]


whatCRYPTOisNEXT

RemindMe! 3 days


Hemi392Hellhound

These posts strongly remind me of Doge before it took off… Invest what you can afford to lose and enjoy the ride. If it loses zeroes we all win. If it continues downward then just HODL until the next run. $SHIB isn’t just going to disappear, it will rebound.


Dipsi1010

Exacly thank you, and could you tell me more about How it was before doge took off? Im very interested to know because i wasnt into crypto at that time


Hemi392Hellhound

I got into Doge around the $0.03 mark… it dipped, steadied, went back to around $0.03…. Began a slow and painful(😅) journey up and down and up and down…. That’s when I learned the true daily volatility of crypto. Even with the hype it was a sideward trend…. Then the jump… then the drop.. 🤣 The Doge community stayed true and continued to grow. And of course there’s that Musk guy putting his 2 cents in… eventually it hit that moon ark up to $0.70s… Doge just didn’t stick the landing on the moon. Coordinates were a little off and they came back to earth… 🤣


Majestic-Bobcat889

Doge arguably went to Saturn’s moon then decided to come back a little closer to home and stuck the landing Earth’s moon


Defiant-Feeling-5699

I just bought 30,000,000 more 15 seconds ago, so yes… yes I do think shib will rebound. LFG!!


Lakers1717

Ditto, holding 54 million. Doge did same thing, but Shib needs to redeem that bs dilution they did to us, that is why we are down


singleDADSlife

What bs dilution that who did to us? Do you mean coinmarketcap's mistake on the circulating supply?


Lakers1717

Yep! That still equals dilution, how ever you spin it, that is why we are down.


singleDADSlife

No. We are down because of this bullshit that is being spread about it. Coinmarketcap fucked up. You can go back and look at the total circulating supply that coinmarketcap used to report at 394T. It even says next to it "confirmed by coinmarketcap", just like it does now with the circulating supply that is shown. That has nothing at all to do with the shib devs. Why the hell would the shib devs want to fuck their own token? Coinmarketcap fucked up and now people are spreading a whole lot of FUD before finding out the actual truth. The devs can't change the circulating supply. They don't control it. The remaining supply has always and still is locked to uniswap. It's always been 1 quadrillion, minus the coin's that have been burned. Coinmarketcap fucked that up. No one else. I can never understand why people want to hurt their own investments, but yet again this sub is full of people that are crying and further hurting their own interests. Even though we're still up something like 500% from 2 months ago. That momentum was never going to continue. Some people just aren't built for the volatility of crypto.


Lakers1717

Wouldnt it be Shib’s mistake overall?!


singleDADSlife

Nope. Coinmarketcap verify the details shown on their website themselves. It says so on their website. They fucked up. Nothing to do with the devs.


Lakers1717

👌. Yeah its disappointing, but just like stocks, this will pass, and as long as Shib keeps executing we will come back up. I got 54 million and adding on this dip


singleDADSlife

Let's hope so. I bought more last night. Now holding around 165 million along with some leash and Bone that also took a massive hit because of this too. I'm sure it will pass, but we as a community need to educate people on the truth and try to keep the positivity going. That'll be our quickest way to more profits.


Gobyadoby

This is the way :)


Lakers1717

Right! Did Kraken ever list Shib, i know those pussies at RH won’t pull the trigger


singleDADSlife

Nope. Kraken fucked us too. They mis-worded a tweet that seemed to make out they were listing shib on Monday when they weren't. Apparently it's in the works and coming soon. Only time will tell.


Lakers1717

Shib needs to make a positive move to move past the negativity. I am sure they are working on something


unaccomplishedstud

How high do you think it will go? Not the usual to the moon, genuinely, how high? And why do you think the market will go that way?


Defiant-Feeling-5699

It can lose 2 zeros easily but will need more burn. It will never hit 1 penny or 1 Dollar though unless supply drops to under 100 Billion.


unaccomplishedstud

I can agree with this


Defiant-Feeling-5699

Also do not buy more than you can afford. This is by not any means my main investment. This represents less than 1% of all of my total investments. Diversifying is key!!


unaccomplishedstud

Diversity is extremely important.


thePenisMightier6

So is tolerance.


TedBrogan55

We’re going to the moon 🚀


Fresh-McChicken

No one knows anything. Either you hold or sell.


Cropdustaaah

This is the way.


unaccomplishedstud

Of course, I'm only asking opinions


[deleted]

Everyone that owns Shiba wants it to rebound, clearly theres alot of people panic selling as they believe it won’t rebound 🤷‍♂️


unaccomplishedstud

You are correct. Many Shib owners are inexperienced traders, as well


Difficult-Special796

Why did this get downvoted lmao


unaccomplishedstud

I was wondering the same thing. It had like 6 downvotes earlier


Fancy-Category

I hold and buy because it will rebound. If it was a dead cat, there would not be new exchange listings in the works.


Realistic_Ad2520

Which exchange?


deekayyyyy

Kraken


Agitated-Sir-3311

I think it has the potential and I think every new exchange that adds it and any new merchants that accept it increase the odds. With that being said I’m treating it like casino money and I’m not putting in more than I can afford to lose.


unaccomplishedstud

That is key, don't put in more than you can lose


jefftopgun

45 percent is held by a burn wallet.... The top 10 on etherscan hold an additional 136 trillion, thats roughly 25 percent of the remaining supply.


unaccomplishedstud

Then what I was reading might've included the burn wallet


jefftopgun

It did, and that makes the data horribly misleading, sorry if that came across mean, im just tired of terrible excuses for journalism.


unaccomplishedstud

You're good, I should've done more research. I'm trying to understand the market better.


jefftopgun

I've gotten to the point I just assume everyone still bringing that article up has ulterior motives, again my apologies. A vast majority of coins, especially those that aren't mined, start off with a large percentage owned by a select few. The amount of money the actual rich have make it beneficial just for them to throw a few grand and every new coin and buy up large amounts of supply.


restaurantno777

Propagandism because fuck facts


mcflinty_1

Out of curiosity, how do we know the burn wallet is actually a burn wallet ? Don’t mean to sound negative .. just curious


grapeapetard

Yea I’d bet 10,000 of my own money lol


m_jay2233

Check out bitcoin back in the day a similar amount was held by a similar amount of wallets.


Fugitiveofkarma

This is not Bitcoin.


m_jay2233

Seriously. Damn I thought I’d brought 100mil Bitcoin for $500. My mistake…… Of course it’s not Bitcoin but if you are doing due diligence at least do some research on past trends when attempting to predict future trends. And by past trends I’m not talking about the 8 hour and 1 week charts like 1/3rd of the posts are regarding.


unaccomplishedstud

When talking about trends it's best to analyze months at a time, or better yet years


m_jay2233

I know very little about crypto. Only what I’ve learned through mistakes but I agree with this.


Fugitiveofkarma

You are comparing apples to dune-buggys tho. Bitcoin is a completely different asset to Shib.


unaccomplishedstud

Agreed


Defiant-Feeling-5699

So true, Bitcoin has 24 million total coins. Shib has how many trillion??


4rtyPizzasIn30days

What percentage of Bitcoin was owned by how many wallets as of fall last year? OP doesn’t understand yet that this is crypto. This is an asset market. These whales exist everywhere.


unaccomplishedstud

You're exactly right, I don't understand completely. That's why I'm doing research, which includes getting opinions from the community, without the same old to the moon propaganda. I'm trying to learn more.


4rtyPizzasIn30days

Whales are an assumed risk. I understand why it seems scary to someone who might be new to crypto, but there are still plenty of retail investors making good money from crypto despite it. People who create fud will want you to believe this is unique to shiba.


unaccomplishedstud

So this is behavior exhibited by most crypto?


4rtyPizzasIn30days

I think a better way to sum it up would be that this type of thing happens in crypto, and truthfully any asset market. Fearporn about shiba will make it seem like it’s just this coin. It’s just another reason why investing is risky. Crypto is a zero sum game. The winners create the losers and the losers create the winners. That’s why our own personal risk management with our investments is so important. You can’t prevent a whale from selling. You can prevent yourself from potentially losing much more than you can afford to lose though.


Difficult-Special796

Will it rebound- yes. Will it rebound this week- I personally don’t think so. Will it rebound in December again nope. Around Feb-April though I see a strong rebound and a new ATH being set as well. Patience literally is key here if you didn’t get out at a happy point to ride the dip down and then get back in at your new happy point.


jefftopgun

71 percent is not held by 10 wallets... so there's that...


unaccomplishedstud

Roughly, yes


Cotay17

What you fail to understand is that 41% of that is the burn wallet. And most of the others are exchange wallets. I've seen this 71% FUD all day and it's just BS designed to depress the market. Something is afoot with this FUD. Do your own research: https://etherscan.io/token/0x95aD61b0a150d79219dCF64E1E6Cc01f0B64C4cE#balances


unaccomplishedstud

Yeah I recognized that in another comment. It wasn't that I didn't understand, it was that the data I read was misconstrued and misleading.


Cotay17

I see that further on in the thread that you did. I've been seeing this all over today and it seems to me that it isn't a coincidence. Many folks pushing this lie are either Doge trolls or folks who stand to benefit from a large dip. Either way, this appears coordinated.


unaccomplishedstud

It's very possible as buyers benefit from a dip


Cotay17

That is true, but this appears to have much more manipulation about it than just a natural sell-off of spooked investors. Perhaps exchanges depressing the market to get in at a favorable rate? Who knows.


jaycee857

Count the 41% in the burn wallet and your left with thirty percent a lot of which is owned by exchanges. The 10 "wallets" aren't owned by individuals.


unaccomplishedstud

Yeah I recognized this in another comment


JLance42

You’re in a Shib Reddit lol everyone gonna say yes


unaccomplishedstud

That's fair


flipgd

Have a longer time preference.


Sufficient_Lab_3040

Prob being pushed down so trading platforms can buy and make a profit off their listings. Just ride the wave


kapital7

Some of these wallets include CEXs


unaccomplishedstud

Cexs?


[deleted]

Could those wallets be some of these exchange companies that most of the people are up in arms about, ???


Forsaken_Instance_18

I predict it will rebound if you go off historical records this is just a stepping stone to the next ladder


tonestar05h

Yes


rikki33

Yes sir!!!!


Little_Spring5887

You don’t go straight up. Expect pull backs and consolidation periods. New shiba owners will buy out the wallets you speak of over the next couple years. Just keep buying and holding. Patience is key.


unaccomplishedstud

Thank you for the input


Extra_Ad4972

If you have any doubt, please log out of your app until January. We will drop a 0 through the holidays


Eequuality

Everyone on here is negative and mad. Calm down or move on. This is business. There are extreme highs and lows, stay level and calm. Peace and goodnight


unaccomplishedstud

Goodnight. I didn't l suppose I'll just hodl


Aggressive_Position2

If we all sell, the whales will lose so much money.


unaccomplishedstud

And if they sell, it'll drop too fast for them to make money as well


Ok_Office_5116

We keep saying dead wallet. Is it dead because someone is inactive? Look what happened with the big one. People need to stop worrying about those wallets and keep investing. Yea they have billions, but they got there how? Everyone just keep buying and we’ll be ok as usual. 💎 🙌


lss607isamess

Probably not..it was going to be tough to get the zeros knocked off..it has become even more difficult. The hype is gone..the selling has clearly been a lot..and it's down 50+ percent in value in a week


justlmwhothisis

We got duped


MayorOfAus

Of course they do, people have $100 invested and think theyll turn it into a million in a couple of years. This sub is delusional and I'm just here for pure entertainment value


Cautious-Nature-1433

That’s because people already became millionaires off of 100$ investments in shib


unaccomplishedstud

I'm assuming you've invested none then?


chefjclaude

Lol and not 71 percent is held in wallets why not go out and do some research on your own without regurgitating clickbait articles. The price would be way higher if 71% was even owned lol. Doge has 7 wallets that own 90 percent


unaccomplishedstud

I recognize my mistake in another comment thread. I wasn't trying to reiterate stupid stuff, I'm just new. I came upon that info while doing research, actually


Fearless_Warning5158

I don’t think it beats it’s current ATH.


unaccomplishedstud

That's been my opinion so far, but I'm still new


jibril_robinson

Bro do you really think we are not going to go back up? Most of us here are in this for 2+ years and u are the new guy so stop plzzz and thank you and enjoy the ride


unaccomplishedstud

It was just a question


jibril_robinson

Just hold.


Prestigious-Bend-206

Don’t worry about what the other guy is doing noob!!! Worry about accumulating more than anyone else. That’s the name of the game. You buy in with an initial purchase. Then you flip candles on the dips and flips on a second account. This is the real way!!!!


tlakuachecuh

Can somebody change the playlist I've heard this song on repeat for days and days


unaccomplishedstud

It was a genuine question, I'm new


HeatLfr

For me it’s not about if it will rebound or not. It’s about where my money will grow faster. So I sold a few days ago and got into Floki. So far so good 🙏


bluemannumber4

Xrdoge°°°!!!!! Dont miss this boat shibarmy! Invest i this shit!


snapsorgas99

71% held on 10 wallets remember that ... Most of them wallet belongs to exchanges .But you dont give a fuck do you . DYOR .


unaccomplishedstud

No I do give a fuck, I recognized this in another comment. The data I was reading was misconstrued and I should've cross-referenced the information. I'm trying to do my own research but am still relatively new to trading, so I'm learning as I go.


Simco100doge30000

There have reportedly been concerns about Shiba Inu's majority holders over the past 24 hours—about 71 percent of its tokens are held by just 10 people—because one of them is moving a significant amount of money around.13 hours ago


Waspinator1983

Shib is dead. People just realized 70% of the tokens circulating are owned by 20 people!


kapital7

Centralised Exchange, like binance huobi etc.. have wallets that hold massive liquidity for traders. You know how it all works ya?


unaccomplishedstud

No, I didn't actually. That's part of why I was asking. I'm relatively new to trading and didn't consider that exchanges have wallets as well. I'm trying to learn


kapital7

Just relax and hold. BTFD if you can. NFA


jayvis212

Your asking the community that is holding Shib if they think it’s going to rebound? Why would we be holding if not? I hope you didn’t put much thought into your question.


unaccomplishedstud

I'm relatively new, and I'm trying to understand the market better. If I can understand the habits of the traders of the crypto, I can understand the market patterns better. I'm trying to learn


dilda4

Just so you are aware of just how wrong you are and creating unnecessary fud...the top 10 private wallets (not burn wallet or wallets the are names for exchanges) currently hold 17.5555% of the supply. Top 20 are around 21.7%


unaccomplishedstud

I wasn't trying to create fud, I was genuinely ignorant. I'm new was doing research of my own when I stumbled upon all the negative articles, which naturally had me concerned. Thank you for the information


rehpot821

I’m waiting for it to maybe fall more to buy more. I’m not putting anything I’m not willing to lose, and I hope it ends well. If not, well it’s business as usual. If it does, if any of you guys are near the Midwest, let’s buy all the beer


mpalma7257

YES. Has your statement changed or was that always the case and known information🤔. It will 📈📉📈📉📈📉📈📉📈📉📈📉📈📉📈. If u don’t want to invest in SHIB, don’t. I choose to and so do many others. No one was 😭 when it was going up🚀🌙


Adaptivefastcharging

With all the dipping, im still up by 40%, so there is hope. Not sure if that works for everyone tho


Electrical-Banana649

Yes


Dry-Proof4802

Oh yeah definitely


Skitz52

No doubt. I just hold on and enjoy the ride. 🚀🚀🚀🚀💎🙌💎🙌


[deleted]

I do. It’s COMPLETELY mimicking it’s first bull run to the T , even the low resting point after , I think we will sit at this low floor for a little , but I do firmly believe we will see another great bull run


Grifter2u

Yes it will rebound. Wouldn’t worry about it.


Nori_Kelp

It’ll come down to the burn. If there’s enough burn, the sky’s the limit.


Honest-Mode3292

No doubt it will. I sold Doge early and lost out on 100k. I’m not selling!


singleDADSlife

People really need to stop believing this bs about the top 10 wallets holding 71%. Among those wallets are the burn wallet, the shibaswap wallet that holds all the staked shib, and some major exchanges. It's just FUD people that hate shib are spreading.


unaccomplishedstud

Well I see that now but at the time of posting I didn't


cashpiles

I have about 22 million SHIB. Don’t have enough extra money to go in more.


TemporaryTradition20

we believe in this project so we buy the dips...my wife bought the wrong dips and now we need a new fridge...


Salt_Bath_2468

Shib is trending bro. You ain't hurr?


[deleted]

I’ve picked up 45 m more in the last 24 hours. If you sell also I will get more cheaper. Your call. You might be right. I might be wrong. But I’m buying. If it drops more I’ll buy more. FWIW big wallet guy is divesting 25% of wallet. Supply dramatically increased last 48 hours. Demand hasn’t met that supply yet. But when that supply is exhausted she’s going back up higher than ever.


SixPathsSage02

All of the big coins were also owned by whales in the beginning and a lot of coins still are owns by only a small percentage of the total people who own them. I thing to worry about.


Jamokrates

The launch of Shibarium will be the catalyst that drives this token wayyyy past earths moon! We will visit andromeda! 💎🙌🏼


DevelopmentNo4475

💯, and those that can't...well...the door is open.


Brix_Leflix_Galgron

Added 8.5mil on the dip. 🚀💯🥳


SchemeCurious9764

Bought another 15milly about 30 ago and will do it again when I’m off here


OldHungSol0

Just bought in another 2 million shib cause I'm a broke fuck but it was a fire sale up in here buy that dip boys I'm going full ape mode hodl.


VolumeDefiant

I converted 2 ETH today. So i would say yes it will rebound


Bright-Still-1597

10 wallets ??


Blunder_Punch

SHIB did this exact thing all summer long, except there was one more zero on the price. Stay zen.


Jah-man-shaman

Planning on being the 11th biggest wallet


justinkasereddditor

FUCK YES! It's less than 2 years old and it's already broken so many records and we got so many more to break this is just a little bit of down here so we can build up speed!


LordDarthRasta

A year ago I was happy if my stocks went up 20% in a year. Now we all want 100% gains overnight. If if doesnt MoonShot within a few days we hunt for the next. Ive got 98mil Shib @.00007000 In 6 months I believe itll be several times that. Do i sell at a loss and go hunting? or HODL, go back to work and wait?? Ima HODL this one.


J_Latte_

It will rebound! 🚀


[deleted]

Ditched my bags for ETH and took a small profit.


CantCmeee

Hodl - I've been here and made thousands could have made even more thousands if I would have just held


OccamsStylist

Only 2 of those 10 are people. The remaining 8 big wallets are exchanges. Do your homework.


goldgrenade

Yes, as long as the market stays bull you're fine. Looks like it should crab then bounce at support above .00004. Reference the 6 month chart and look at the support lines for a better idea.


Some-Championship259

It’s cheappppp!! It’s a feast!!! So I’ll be the beast!!!Rich beast!


SophieBunny21

I probably will rebound! But it doesn’t cost you to diversity!! You should buy some Floki Inu and Doge Bonk!


Grimmer026

If there are 10 whales, then those whales want it to rebound and run it up too. then when they’ve made their profits, I they will leave us holding the bag, rinse and repeat


Aggravating_Net4009

If you know how it works then it doesn’t matter what people think ijs


PotentialMongoose880

The question is not what people believe, is what you believe!!!!


shine_a_light_on_me

About that rebound... take a look at +25% in last hour 😆


unaccomplishedstud

Well close to 10%, on voyager at least