It's a Doge-Eat-Doge World Out There

$8,000 to $5.7 billion in 400 days… October 28, 2021 [UNSUBSCRIBE]( | [WEBSITE](Put_Website_ [Altucher Confidential] “If you’re buying into Shiba today it’s because you believe it’s going to 1 cent. Maybe even $1. I’ll tell you right now. It’s not going to happen.” [Email Masthead] It’s a Doge-Eat-Doge World Out There By Chris Campbell Urgent Crash Warning for Monday, November 1st, 2021 [bargain to bubble]( already knows that the stock market is in a bubble… But now some experts are starting to predict that the bubble will burst sooner than anyone expected and hit harder than anyone could have imagined. With some experts saying that we could see a stock market sell-off of 80% or more as soon as next week… This could completely decimate the retirement saving of millions of Americans all at once. So if you care about you and your family’s wealth the time to act is NOW. That’s why we flew in one of the top traders in America to tell you exactly what you need to do to get ready for this impending crash… [Click here to see his FREE presentation]( But hurry, because if you wait until Monday, it could already be too late. Shiba Inu is the latest meme coin. Its holders are promising it will make you an overnight millionaire. And they have proof to back up their claims. In August, a Shiba holder spent $3,400 on the meme coin. Now it’s worth $1.5 billion. Impressed yet? If not, consider another dog coin baron. This one bought $8,000 worth in August. It’s now worth $5.7 billion. For those counting, that’s $8,000 to $5.7 billion in about 400 days. Some are calling it the “greatest trade ever.” Not quite. [Shiba Inu crypto meme] Shiba has leapfrogged dogecoin to become the ninth-most valuable crypto in the world. Obviously, that’s not a buy signal. So why is Shiba pumping? Well, apart from the fact that the majority almost always buy green and sell red... --------------------------------------------------------------- [Recommended Article] [The Big Lie About China | Gilder's Daily Prophecy]( --------------------------------------------------------------- The “Dogecoin Killer” Crypto whales use meme coins as a gauge of how much new -- and unsophisticated -- money is moving into the crypto markets. And then they do everything they can to take that money from them. (Anecdotal, but almost everyone I've talked to who's recently gotten into crypto started with a dog coin.) This morning, for kicks, I asked crypto whale watcher Justin Gupta of CryptoDash.live what he thought about Shiba. “Cryptocurrencies are volatile as is,” said Justin. “But when they are not well distributed, and only a few control a large portion of the tokens, they become even more so. This is because these few individuals can move the market at their whim.” In the case of Shiba, Justin explained, nearly 1/5th of the supply is controlled by two accounts: “Meaning at any given moment, if these accounts decide to dump, they could trigger a massive panic sell-off and crash the asset.” [One fifth of hiba is held by 2 accounts] Compare that to Dogecoin, where the top two accounts hold 10% of total circulating supply. But, in the end… President Trump’s Secret [Trump bobble heads]( his final year of office, President Donald Trump did something that could transform America. And create trillions of dollars in new wealth for everyday Americans. [You won’t hear this anywhere else – get the full, uncensored story here.]( It Doesn’t Matter The reality of the current crypto market is that virtually nobody cares about the technology or tokenomics. Consider, months ago Shiba pumped 300% after Elon Musk tweeted he would be getting a Shiba Inu dog. And to the untrained eye, Shiba seems cheap. It's currently sitting at $0.00007253. But, the market cap is $40 billion, bigger than Robinhood. Bigger than Sysco Corp., the largest food distribution company in America. (And its circulating supply is around 550 trillion.) If you’re buying into Shiba today it’s because you’re convinced it’s going to 1 cent. Maybe even $1. I’ll tell you right now. It’s not going to happen. Yes, this points to new money coming into this space. But there are clearly other things driving this mania. Sometimes these things are best expressed with memes: [Doge Fed meme] --------------------------------------------------------------- [Recommended Article] [We are being governed by fools… | Gilder's Daily Prophecy]( --------------------------------------------------------------- Richard Burton, a designer for DeFi projects, brought up an important point that gets far less attention than the money printers: barriers to entry in traditional finance. Shiba Inu, he wrote, “is what happens when you stop generations of Americans from investing in startups with Accredited Investor Laws designed to 'protect people.'" Perhaps lower barriers to entry mean we create more informed investors. Or… as in the case with all meme coins and stocks… perhaps not. [Ed. note: Shiba Inu is not the next bitcoin. More likely, it’ll be where most newbies get fleeced. If you’re looking for solid advice on the projects worthy of your hard-earned money, look no further: [click here]( Until tomorrow, [Chris Campbell] Chris Campbell For Altucher Confidential If You Missed Tesla’s Epic Run – [Do NOT MISS This!]( [starlink]( Tesla surged a whopping 695% in 2020, everyone’s wondering… Can Elon Musk do it again? It’s anyone’s guess. But one thing’s for sure… It pays to follow what Elon Musk is up to. So we dug deep to get the “hidden Elon story” no one else is covering. This has NOTHING to do with Tesla… And EVERYTHING to do with Elon’s next big project. You do NOT want to miss this opportunity. [Click here to see what Elon has up his sleeve now.]( Subsribe To My Podcast [The James Altucher Show]( [The James Altucher Website]( [Subscribe Via Text]( [Subscribe With YouTube]( [Subscribe On Messenger]( [Subscribe With iTunes]( [Connected on LinkedIn]( Add AltucherConfidential@email.threefounderspublishing.com to your address book: [Whitelist Us]( Join the conversation! Follow me on social media: [Facebook Group]( [Facebook]( [Twitter]( [Pinterest]( [Instagram]( [Three founders Publishing]( To end your Altucher Confidential e-mail subscription and associated external offers sent from Altucher Confidential, feel free to [click here](. If you are having trouble receiving your Altucher Confidential subscription, you can ensure its arrival in your mailbox by [whitelisting Altucher Confidential](. Altucher Confidential is committed to protecting and respecting your privacy. Please read [our Privacy Statement.]( For any further comments or concerns please email us at AltucherConfidential@threefounderspublishing.com. Nothing in this e-mail should be considered personalized financial advice. Although our employees may answer your general customer service questions, they are not licensed under securities laws to address your particular investment situation. No communication by our employees to you should be deemed as personalized financial advice. We expressly forbid our writers from having a financial interest in any security recommended to our readers. All of our employees and agents must wait 24 hours after online publication or 72 hours after the mailing of a printed-only publication prior to following an initial recommendation. Any investments recommended in this letter should be made only after consulting with your investment advisor and only after reviewing the prospectus or financial statements of the company. © 2021 Three Founders Publishing, LLC., 808 Saint Paul Street, Baltimore MD 21202. All Rights Reserved. Protected by copyright laws of the United States and international treaties. This newsletter may only be used pursuant to the subscription agreement and any reproduction, copying, or redistribution (electronic or otherwise, including on the world wide web), in whole or in part, is strictly prohibited without the express written permission of Three Founders Publishing, LLC. EMAIL REFERENCE ID: 430ALCED01