Post
Topic
Board Speculation (Altcoins)
Re: SHIB Listed in Robin Hood
by
0verseer
on 01/05/2022, 16:00:24 UTC
~snip~
With these, SHIB has emerged as the second most popular crypto in Europe in terms of search volume. This once again confirms that people are interested into Shiba against different news against it.
So far I haven't seen any major effects from Robinhood. The price is still affected by the movement of Bitcoin. The market did not support the news of the listing. Actually if I look at their social media, a lot of cooperation they have done. So it should be that the trust in Shib is still good so far. Next we just wait for how the bearish market disappears to change bulish
whales sell on rumor ,and they were gone now. good fundamental was not enough to againts market sentiment which is controlling by seller. alot good coins that have strong fundamental but price continuely down for a while, need bitcoin price spike as trigger altcoin price movement. without it, market recovery will be hard to start.
We're on the crypto winter phase now, most good news for alts isn't enough to break the barrier, and help them get out of the downtrend dictated by Bitcoin. Sure there are always some exceptions but I doubt SHIB is the one that can against the current trend even with news like this.