Just like we see many stock market investors assuming an Elon Musk tweet to be financial advice, many have been hyping up Shiba Inu, the infamous meme token also known as the ‘Doge Killer’. The particular cryptocurrency has gone on to make several people richer, but has also been a reason for monumental losses and wiping out entire portfolios. Here is why you should stay away from Shiba Inu in the coming year.

A big reason why cryptocurrencies went mainstream in 2021 had to do with social media buzz and hype around meme coins. Meme coins generally refer to a select few coins which a group of fans rally behind for no real reason other than to increase the price. We have seen this happen with meme stocks like GameStop when a popular subreddit stopped Wall Street VCs from putting the company into bankruptcy. In the crypto space, two major coins have enjoyed huge price increases due to a strong following.

The first big meme coin was Doge, which became popular because of the name and the symbol of the Shiba puppy. Backed by Elon Musk, the coin soared as and when the world’s richest man tweeted about it, but towards the second half of 2022, it developed massive competition.

Known as the ‘Doge killer’, Shiba Inu was another meme coin that completely popped out of nowhere. Created as a joke and a rival to Doge, the token has actually made people millionaires if not billionaires.

One such rag to riches story was shared by the Independent when a warehouse worker put $6,000 into the cryptocurrency at the start of 2021 and retired for life after the token soared more than 700,000%.

Such a return is most definitely once in a lifetime, but Shiba Inu managed to become the 12th largest token in the world with a market cap of $20 billion.

Unlike other tokens that have been linked to high-value and high performance, Shiba Inu’s price increase has been purely speculative and based on hype. In September, the token sky-rocketed after Elon Musk posted a picture of his new Shiba dog on Twitter. Right after the post went viral, Shiba went up by a record 49% in a single day. This along with rumours of Shiba Inu being listed on various exchanges like Robinhood and Coinbase made it go up by 1000% in October. Currently, the token is trading at $0.00003637 (Coinmarketcap) and has corrected by more than 50% in the last few months.

https://twitter.com/elonmusk/status/1444840184500129797

When SHIB was rallying throughout October, it also rivalled Dogecoin and managed to flip the latter in terms of market cap. While Dogecoin is sitting above Shiba Inu as we approach 2022, Shiba has managed to have a more impressive year in terms of the price increase.

As we enter 2022, there isn’t a lot of concrete news that makes this particular token a must-buy. Price volatility has been increasing in cryptocurrencies and currently, most of the markets have been facing a major correction ahead of the new year.

Shiba Inu does have potential since it is built on the Ethereum platform and working on major developments and projects would fix the image. In fact, the makers of Shiba Inu have even claimed that the platform looks to promote decentralized and spontaneous community building — but not much else has been said about the token. Despite it being treated mostly as a joke and a rival to another meme coin — Shiba Inu still is an ERC-20 compatible token which gives it a huge opportunity to deploy various projects on the blockchain.

But the token is controlled and based on social media hype more than anything else. For all the millionaires that have been made thanks to the meme coin, thousands of people have also lost fortunes betting on similar meme tokens. After the token has continuously been falling for the better part of two months, it would be a very risky bet to get into Shiba at this moment.

This might be a good trading opportunity for day traders who use technical analysis to read charts and back their abilities to discover a breakout, but for long-term investors and beginners looking to bet on something for a few years, there are many other opportunities in the cryptocurrency market.

Many members of the vocal SHIB community have been rumouring about the possibility of Shiba reaching $1, but this seems more like a solid whole number and a good price tag rather than a conclusive prediction. None of the major investors predicts that Shiba Inu will reach the $1 target in the next 3–4 years.

Even the bullish predictions are not very strong for the token. DigitalCoin predicted a possible rise to $0.000072 by 2025, which is a 2X valuation in 3 years. This is lower than the average predictions for most of the market tokens including Bitcoin and Ethereum, which already boast an incredibly high market cap.

So, the possibility of Solana and Shib actually going up or down is not exactly something anyone can predict, but what we can do is look at the projects and the system. Solana is slowly increasing the number of projects being built on the network and has entered the Web3 and NFT space as well, making it an investment for the future. Shiba on the other hand needs some solid use cases other than the social media hype, which could help it in becoming a slightly less volatile coin.

All you need to do is stick with me until the end and do exactly what I tell you to do so that when you’re done following the steps I will show you, you will be able to get free crypto for yourself. This isn’t a “get rich overnight” process but it is definitely a “make money fast” system that you can and should start implementing right now.

There are many ways to get free crypto online but today I will be focusing on one simple strategy.

Let’s get right into it.

We will be getting our crypto directly from the creators themselves. This is called a crypto “airdrop”.

It’s pretty simple. The makers of the coin are going to be paying to attract new coin holders — and it goes directly into our crypto wallet. Increasing the number of coin holders, increases the popularity of the coin and when they are satisfied, they would eventually make it scarce which will increase the price.

Okay, that’s too much grammar and that’s not what we’re here for.

It’s time to make some crypto money!

Please make sure you follow the steps to maximize your results.

The coin we’ll be getting is called Terkehh (Terk)

We will be a part of the global Terk Airdrop

At the time of writing this article, 1 Terk = $0.025 but don’t worry because we will be getting over 10,000 Terk

Now the steps

For the first step, you need to download a crypto wallet called TRUSTWALLET

Go to the Google Play Store, if you’re using an android or the iOS app store, for apple users and search for Trust wallet.

I’m using an android so it looks something like this

For you, the “uninstall” button will be an “install” button and the “open” button will not appear until you have installed it.

Once you do, open the app, follow the instructions, create an account, and set up a wallet — it’s really simple.

This is where we will be getting paid so you need to complete this before going into step 2

NOTE: You shouldn’t use any other wallet other than the one above.

This is how it should look like when you get in.

I hope you’re are still following, let’s get to step 2.

For the next step, you need to >>Click Here<< and go to a page that looks just like this.

Note: From the page above we can see that this airdrop lasts until the 21st of January, 2022. Therefore, we need to take action immediately to get our desired amount.

Make sure you open it up in a new tab so you can keep reading

Once you click on this link, and we’re now on the page. We can move on to step 3.

After opening the page, click on the Send Message button.

It will open up your telegram app and if you do not have telegram, I suggest you pause and get telegram from google play store or iOS app store.

Have you downloaded telegram? Good Job!!

Now let’s continue…

Follow the instructions

When you click on the button, it should take you to telegram. To a page just like this. This is where you will start the airdrop process

Follow the instructions given by the airdrop bot by clicking on “Start”

When that is done you will get another text from the bot. This is what it will look like.

You are to follow the instructions and click the “Check” button like I did here. It’s really simple.

Once you’ve joined the group, commented “Terk1000X”, joined the channels and clicked on “Check”. This is what you will see.

Okay, you are given a couple more instructions from the bot. The first one is to head over the “Terkehh’s” twitter page and follow them. Once that is done, you should retweet the pinned tweet and send the link back to the bot. Just like this.

It’s as easy as that!

After that, you still need to complete the remaining tasks by adding Terkehh to your watchlist and favorites on the specified trading sites.

The ones listed above are

When this is done you can move on to the next instruction which says

“Enter your real Bep-20 wallet address”

Now, stick with me and don’t get confused because we’re at the stage where we can start making money.

Where we downloaded our TRUSTWALLET.

Now, you have to go back into your trust wallet account and click here.

Click on the Smart Chain(BNB) wallet to get the address.

When you click on it, click on the receive button and it will open up your wallet address.

Click on copy — the button on the left.

Paste your copied link in your chat with the airdrop bot.

Note: if the bot replies “check failed, submit your address again”, then you should follow these steps!

Step 6a

Go back to your TrustWallet and re-open the same coin. Click on receive but this time do not click on copy!

Now, you should click on the “Share” button on the right.

It would open this up.

When it does, click the Telegram button and share it in your chat with the airdrop bot.

THIS IS WHAT YOU WILL GET

Okay, we’re almost done. If you’re still following, you’re on your way to getting your own free crypto.

From the photo above, we’ve seen that for each referral, we’ll be given 2500 Terk and 1 Terk = $0.025.

Therefore, 1 referral will be about $62.5.

What you will have to do next, is to go on to WhatsApp or Instagram, or Twitter — any social media you’re comfortable with and share your link with your close friends or followers. Share it with over 30 friends and convince them to follow the process — It’s really easy.

Make sure you show them the steps I’ve shown you.

You can also refer them back to this article so they will be guided.

Once they complete this process, you will be getting $62.5 worth of Terk for each person. They will also get their own reward by sharing their links as well.

Now, we’re finally done. When you have gotten your crypto, you can click the withdrawal button as shown below.

From here, you can also check your balance and active referrals.

Important: Please start this process as soon as possible because the airdrop will be ending on the 21st of January.

Make sure you do as much as you can to earn as much as you want.

Happy New Year 2022, New Way of thinking and new financial income coming your way soon…

If You reading this now let me tell you this could be your Lucky Day and on top of that it’s the first week of the year, spend the time you need researching this new income stream coming your way soon it is called the DRIP Network, once you have, use my buddy id below and I will give you one Free DRIP! I am extending my offer until the 5th January 2022 of giving one free DRIP for those who add me as a buddy and use my buddy id below

My buddy id: 0x7CE602248Edea48C398EB3122c68f8018e371F33

Overwhelmed or Overjoyed mixed feelings can this be true many life changing situations going on with DRIP which seems to be going all the way to the Top! Why I decided to get in this project, after some research I am sure this is by far best project ever and the one am depending on for my financial freedom, because of its stabilization system I have reviewed many other projects in the past none have ever come so clean and precise in fact Forex very recently took care of some issues to even make it cleaner and fairer for everyone involved. Your chance is now new year new life new source of income, it will come with the flow, if interested join me and the Cryptozoa team we are a bunch of people friendly who are always willing to help you succeed, see below how to join.

My buddy id: 0x7CE602248Edea48C398EB3122c68f8018e371F33 Can it only get better? Prognostics are saying yes however as with Crypto itself it is something you can never tell but take advantage of DRIP as long as you can, I always say invest what you can afford to lose, and always make the money invested back is the most important once done the rest is all profits. Really excited for being part of this project just gutted didn’t come in earlier having done some research two months before, but still over excited as well as everyone in the Cryptozoa Community! Lots and lots of people are joining realizing it’s the way foward hearing too many people are earning passive income thanks to DRIP, it is amazing the amount of testimonials of people found in the TG groups within the community making it big time, now it’s the real time, make it a race and join before you regret it, DRIP is still young and and fairly new, I also just started a new wallet for my daughter, and you can still make it big time what you waiting for, do some research first, then take advantage of my buddy id below: 0x7CE602248Edea48C398EB3122c68f8018e371F33

There is so much hype with many people joining DRIP due to the fact that they are seeing the results in YouTube also reading articles with so much success stories that I am super excited for seeing so much going on at the moment I can’t even believe what is happening… I Guess seeing is believing right! See what others have to say here… https://t.me/DripTestimonials This can also become a reality to you… here’s your chance! Make use of my buddy id: 0x7CE602248Edea48C398EB3122c68f8018e371F33

You do not have to team build if you do not want to with a deposit hydrating/Claiming you will eventually reach your max payout however it helps to get to your goals faster see below as one of the strategic avenues to grow. Strategies :In team building a good strategy to use would be either writing articles or blog posting on a website also making videos on YouTube and referring your buddy id to future downlines and like this building a greater team.Once you join the TG groups you will find #notes with writing tips that help you start writing articles on Medium for example.

Again team building is not necessary if you do not want to however it helps with team rewards also helps accelerate your income so if thinking of team building buying some br34p tokens will ensure you receive the rewards, in the TG groups you will find all notes necessary on the br34p you will need plus members will help with any issues you may need.

When it comes to strategies it differs for different users as it depends on their needs however Alternating claiming/hydrating allows you to take some profit along the way vs waiting x years. Depends on your goals. Hydrating and Claiming whatever strategy you use make it to meet your own needs…

Invest whatever you can always keep in mind that whatever your deposit it may differ your starting strategy, the more you deposit perhaps the less hydrating you should do at the beginning, however if deposit is about 100 DRIP you’ll want to take at least once daily action (hydrate or claim) Find in TG Kelly’s Calculator use as reference it will guide you through the process of some strategies. Interesting times ahead with Forex also announcing meeting with developer to build on top of DRIP! The Manor Farm Launching 4th Jan 2022 will also help DRIP meaning this can only get better, time for you to make it big time is NOW!

How to Get Started?Go to https://drip.community/fountain, and exchange BNB for DRIPTake my own Buddy id:0x7CE602248Edea48C398EB3122c68f8018e371F33

Go to the Faucet, and enter a Buddy address in the Referral section. Consider adding me within the Cryptozoa team which has a wonderful team of players more than ready to help.

Again my Buddy id:0x7CE602248Edea48C398EB3122c68f8018e371F33

Deposit at least 1.12 DRIP (Ensure you have 0.05–0.1 BNB for transaction fees.)

You’re set up on DRIP. Get ready to receive 1% daily! But, do come back regularly to hit that hydrate/recompound button!

Once you join DRIP with my buddy id: 0x7CE602248Edea48C398EB3122c68f8018e371F33 and the Cryptozoa Telegram group DM me @danix721 and I will airdrop you 1 DRIP, am extending this promotion this week until the 5th Jan 2022 so you can take advantage!

You can purchase DRIP tokens and join the project by going to the official https://drip.community/ network. Players can use the Swap tab to trade BNB for the corresponding amount of DRIP. You can also purchase DRIP on DEXs like Pancakeswap, but due to the 10% it’s best to do it on the project website.

Not only do you save on the tax, but it also has the highest amount of liquidity and the lowest slippage available.

Useful Links:

Cryptozoa Telegram — https://t.me/joinchat/PbTulqLoCmAzZmQx

DRIP Lightpaper — https://www.docdroid.net/0i3RJTu/drip-lightpaper-pdf

Binance- https://accounts.binance.me/en/register?ref=208376113

Coinbase- coinbase.com/join/smith_rwq2?src=ios-link

Once you join DRIP and the Cryptozoa Telegram group DM me @danix721 and I will airdrop you 1 DRIP, am extending this promotion this week until the 5th Jan 2022 so you can take advantage!

Nothing in this article is intended to constitute investment advice. Neither the author nor the publication takes any responsibility or liability for any investments, profits or losses you may incur as a result of this information. Readers are encouraged to perform their own due diligence and research, or consult a licensed financial advisor or broker before making any and all investment decisions. This content is intended for general informational and educational purposes only. Though the author strives for accuracy, the data contained within the article cannot be relied upon. The author may own cryptocurrencies and tokens discussed in the article. The article may contain affiliate links.

The principle behind DeFi lending pools such as Aave or Compound is rather easy to understand. It all boils down to supplying and borrowing assets.

Lenders can supply their crypto-assets (ETH, DAI, WBTC, amongst others) into a pool and earn interests on their tokens according to the supply APY (Annual Percentage Yield) of the pool. The supplied tokens are then sent to a smart contract and become available for other users to borrow. The smart contract issues another token (cTokens on Compound, aTokens on Aave) to the lender, that represents the supplied tokens with interests.

Borrowers can take a loan on any listed crypto-assets provided that they supply enough crypto-assets of their own as collateral (a borrower is necessarily a lender first). They can then do whatever they want with the borrowed asset but will not be able to get their collateral back from the pool until the debt has been repaid (with interests). The loans do not have terms and thus never expire.

This is a peer-to-pool model. Individual lenders deposit their assets into a common pool and the pool earns the interest paid by the borrowers. Earnings are then shared pro rata amongst lenders.

Let’s assume that 1 ETH = 5 000$ and that interest rates for borrowing DAI is 1% per year. Bob supplies 50 000 DAI to Aave and earns 5% annual interest on it. Bob gets aDAI (interest bearing DAI token) in exchange for depositing his DAI into the pool. Now enters Alice, who has 10 ETH and doesn’t want to sell them but she needs cash for expenses. Alice supplies 10 ETH as collateral to Aave ETH pool and borrows 40 000 DAI. A year later, Alice pays back the loan with interest and deposits 40 400 DAI back into the pool, repaying her debt. She can now get her collateral back (or leave it in the pool to keep earning interests on ETH).

When Compound was launched in 2018, DeFi was barely starting and TVL (Total Value Locked) was in the hundred of thousands, not in the hundreds of billions. Liquidity was extremely poor and not suitable for peer-to-peer lending and borrowing. Pool-to-peer was a real breakthrough that completely changed the game for several reasons:

Bob supplied 100 DAI. Now Bob wants his money back

Instant liquidity, fungible loans in perpetuity thanks to incentivizing dynamic rates. What’s not to like? Unfortunately, such a design comes with necessary tradeoffs.

The above mentioned limitations are not bugs, they are necessary tradeoffs that comes with peer-to-pool designs. We will see in the next articles how P2P lending works as well as how Morpho tackles those limitations.

AssetFi is a groundbreaking solution aimed at solving financial exclusion by providing a platform for converting physical assets, NFTs and companies to tokens for micro-ownership by small investors. In effect, this opens up a world of opportunities that have previously been exclusive to exceedingly deep pockets.

They don’t intend to reinvent the wheel when it comes to ownership, but only to provide an environment where ownership can be made maximally accessible. Their platform is underpinned by three tenants; that ownership be more efficient, accessible and transparent.

The current issue is as follows: there are trillions of dollars locked in assets which cannot be exploited, as they are famously illiquid. This includes markets such as real estate, art, IP, scarce and valuable resources, which are predominantly owned by institutional investors, leaving little room for the retail investors to benefit from these markets.

Through tokenization, AssetFi will open new markets to anyone in the world, allowing readily available capital to flow into illiquid markets, opening a world full of opportunities.

The benefits of tokenization are liquidity, programmability, and fractionalization. Let’s break down each of them. Increased liquidity means that investors will be able to offer their now liquid valuables to a global pool of investors across multiple secondary exchanges. Second, programmability allows assets to include self-executing utility functions, definitions, and specifications across asset classes, which allow for high caliber automatic actions and strategies. Lastly, fractional ownership lowers barriers of entrance for retail investors and allows anyone from anywhere in the world to own stakes in tokenized assets.

While AssetFi’s spotlight serves as an introduction to their amazing ecosystem, the next two articles will explore their value at a much deeper level.

Visit their Website

Join their Telegram

Connect on Crunchbase

Follow them on Twitter

Read on Gitbook

View their Whitepaper

KSM Starter, the primary launchpad on Kusama, is built to provide early-stage support and public funding for projects building on Substrate. KSM Starter’s incubator modeled launchpad is driven by the community and shared values of fairness, transparency, and decentralized organization. Unique to the KST ecosystem, community members are incentivized to participate in the pre IDO selection process through higher allocation rewards. Also unique to KSM Starter, collaboration is fostered among launched projects by incentivizing community members to support previous launches by awarding them with improved lottery odds. This along with the KST Ecosystem Council generates a synergistic network effect that empowers all projects to succeed and leave a lasting impact on Kusama.

Website | Twitter | Telegram Community | Telegram Announcement

But… how?

Tokens enable a new way to interact between the brand and the clients. The concept of client will evolve to user. The concept of user and client will merge in a new concept: Community. Overtly known today in the crypto space, soon it will become normal that clients interact with brands through their Discord servers.

The figure of the user will start to take relevance. Users will help brands to grow awareness and branding without necessarily purchasing any products. Through the brand tokens, users will have a source of income and brands will externalize part of their marketing efforts through these ambassador users.

The most important concept and the disruptive change will be that users will benefit and reward massively from their actions without having to spend a dime on the brand. This will be revolutionary when Crypto becomes totally mainstream and merge with all consumer brands.

The incentives will be totally aligned between brands and users. The relationship between clients and brands will always exist, but users will be an essential part of the brand communities. A new source of income will be created for both users and brands.