Shikoku Inu creators maintain the idea that Vitalik’s involvement marks a big milestone within the street map of Shikoku’s journey.
They are saying the apple doesn’t fall removed from the tree. Shikoku Inu has lived as much as its expectations and is following within the footsteps of its position mannequin, its guardian token: Shiba Inu.
Shikoshi (founding father of Shikoku) had a dream to carry again the joys and exhilarating pleasure we as soon as skilled from Shiba by making a token that had the genes of Shiba together with some enhancements.
You possibly can view the detailed imaginative and prescient behind Shikoku here.
Now to handle the elephant within the room. The SHIK token simply took a nosedive and declined by 66.52% within the final 24 hours.
To a layman, this may increasingly appear to be an undesirable occasion and a dangerous affect on Shikoku’s future, however we, as creators can’t be extra thrilled!
Why’s that?
Nicely, the sharp decline in SHIK’s worth wasn’t one thing out of the blue or resulting from a lack of belief available in the market. Relatively it was an indication of acknowledgment by Vitalik Buterin!
After a very long time, we will lastly say that our journey has actually begun as Vitalik Buterin simply acknowledged the existence of Shikoku Inu, and this has unlocked a brand new achievement within the street map of Shikoku’s journey.
When Shikoku was launched, following within the footsteps of his godfather, Shikoshi deposited (airdropped) half the availability of SHIK tokens to Vitalik’s tackle.
And identical to Vitalik had finished with Shiba, the acknowledgment that lastly put the token on the map, he simply SOLD the 500 trillion $SHIK he was given as a tribute by Shikoshi.
When you’ve been following the Crypto business, this story could seem awfully acquainted, however let me let you know why, as that is precisely what occurred with Shiba when it got here crashing down. And earlier than I reiterate what occurred subsequent, let me remind you concerning the nice warning by the thinker George Santayana:
“Those that don’t keep in mind the previous are condemned to repeat it.”
In easy phrases: Historical past repeats itself.
Now let’s focus on historical past.
When Shiba got here crashing down, the market turned on the coin and stopped believing in it. They succumbed to the concern of incurring additional losses and began promoting off their holdings at a loss. Their perception was crushed, and their goals shattered.
Nonetheless, right this moment, the pile of losses that they so dearly feared has been changed by a good greater pile of remorse as they missed the chance of a lifetime!
As quickly after the crash, identical to a caterpillar turns right into a butterfly, the token was reborn.
With a renewed vigour and power that surpassed all others, the SHIB token rallied from 0.00000510 to 0.00008854 in only a matter of days.
To place issues into perspective, that’s a whopping 16X return on funding!
Do you see the sample? As absolutely historical past does repeat itself.
With new enhancements and utility of SHIK and its advocacy for personal possession outlined in our previous article, Shikoku Inu has the potential to go even past the benchmark arrange by its predecessor.
Relatively than simply provide you with an ideal Return On Funding (ROI), Shikoku takes issues up a notch and has the potential to offer you one thing all of us need in right this moment’s day and age i.e., Monetary Freedom.
We perceive your skepticism, however are you prepared to let that skepticism get the higher of you and switch into remorse?
Now that may be a choice that you’ll have to make for your self.
Lastly, I wish to quote a hard-earned lesson by the notorious investor Benjamin Graham that made him tens of millions:
“The clever investor realizes {that a} inventory turns into extra dangerous, not much less, as its costs rise and fewer dangerous, no more, as its costs fall”
Vitalik Buterin, by his actions, has not solely created an ideal funding alternative for brand new entrants by placing the SHIK token on Sale but in addition improved the long-term prospects of Shikoku by giving it free advertising and publicity!
And as they are saying, no publicity is dangerous publicity, so prepare and don’t let this chance move you by as soon as once more!
Study Shikoku Inu through the next hyperlinks:
