Elon Musk Tweets $SHIB - 50% Growth in 6 hours

shiboshy

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I started this thread yesterday.
5BFsJFK.png

He tweeted recently and it grew 50% more.

How far you think this can go? :)
 

Fakker

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Isn't it on ETH?
Network fees makes me feel I am doing a stupid investment.
 

MKSKS

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OK so that's why SHIB's rising today.
 

Brickbat1

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You guys are nuts. There's no way that post has anything to do with the SHIB crypto. Oh my god, please stop. This is getting insane. You will get hurt.

Oh yes it can....the power of 50 million followers...
 

alexio

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if we can't say that right now, crypto is not a bubble, what is this...
 

zionbar

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i was thinking itll go 10x after he tweeted.. weird it only went up 50% .. but lets wait :)
 

PauloPT

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Gas fees on ETH make this an unreliable investment.
 

Fakker

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Gas fees on ETH make this an unreliable investment.
Exactly.
197$ fees to buy $20 worth of that.

You would need to do a 10x just to cover these fees, plus another 2x to cover the fees to get them back to ETH once the dog poo will be cleaned up.
So you would need it to do a 50x at least to make sense.
 

VirtuaGirl

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cryptos are crazy right now It's the f*** bullrun.
Personnaly I make $100 a day with DeFi on BSC/
For example https://pantherswap.com (big project) or https://apache.finance (small project with good potential).
 

shiboshy

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Gas fees on ETH make this an unreliable investment.
Exactly.
197$ fees to buy $20 worth of that.

You would need to do a 10x just to cover these fees, plus another 2x to cover the fees to get them back to ETH once the dog poo will be cleaned up.
So you would need it to do a 50x at least to make sense.
Gas fee is $27 and 5% slippage which is nothing when you buy $1000 and that turns to $2000 overnight.
 

Fakker

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Gas fee is $27 and 5% slippage which is nothing when you buy $1000 and that turns to $2000 overnight.
Not sure how you calculate this.
Uniswap asks me 97$ network fee even for buying 10$ worth SHIB.
 
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