Why is shiba inu pumping ?

There is 20 % increase in last 24 hours. What is the reason of this pump and can it go to 100 % ?

In my opinion, this happening because of what Vitalik Buterin said a few days ago on the Block Chain Conference about ETH2.
If bitcoin or ETH goes up, ALT-coins will follow. This is because of trading pairs. You getting more ETH for your ALT-Coins

ItsAllTheWayUp said:

In my opinion, this happening because of what Vitalik Buterin said a few days ago on the Block Chain Conference about ETH2.
If bitcoin or ETH goes up, ALT-coins will follow. This is because of trading pairs. You getting more ETH for your ALT-Coins

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Yeah I think that's it. SHIB is ETH based too if I recall correctly

It's just following up the trend. Nothing special.

It's being Pumped due to the ETH2 layer merge on September 15 2022. Those with ETH will have their ETH locked for 6 to 12 months. Then it will be released about 40,000 per day. Hence the SHIBA INU Token is on the ETH Blockchain. More and more swaps are happenning and Token Burns which is causing it to pump. Just a little FYI...

No clue but i hope it grows to great heights. I am buying into SHIB just b/c of it's branding value. People dont believe in the power of 'brands' as they should . That has a ton of Real World / Avg joe support. Hard to stop such trains. You can't lose much money taking the risk either. 100 million tokens is like $2500 . At least 10-million which is $250; good way to go.

Let it pump.

To the moon

ALT Coin thats why its pumping outta nowhere !

cuz marketmaker wants to pump it. he would make that maximum amount of people will buy it just to sell his tokens to them with maximum profit: nothing special. Just another doggyhyped token with doubtful roadmap&businessplan.

It`s happens with cryptocurrency with low capitalisation.

Crypto is like a game. It happens and it's not new.

shandar said:

Crypto is like a game. It happens and it's not new.

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So stock market also a game

Unless it pumps like 1000% im probably still at a loss

freeax said:

So stock market also a game

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Maybe. If you have skills work hard on your own ideas why to depend on someone coins and (Stock Market)

That was just short time increase and now it has stopped at that price.

Everyday 4-5 coins pump, there is no reason behind this except whales manipulation.

Its an ALT , thats why It pumping when all is dumping !

Hawkeye Digital said:

Its an ALT , thats why It pumping when all is dumping !

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No all follow Bitcoin mainly. All dumping, even shiba will dump 99% times.

SHIB's def pumping

There was a gain of $1.25 for every $4 invested last week.