A US politician is committed to the Shiba Inu and is willing to push the coin's price to $0.01.

One trillion Shiba InuTokens were purchased by a US politician. A specific US politician offered to invest a large sum in Shiba Inu if it reaches $0.01 a few months back. His idea was to use the money from the investment to house and care for homeless vets.

Some mocked him at the time, claiming he didn't mean it. However, the politician has returned, and Shiba Inu has yet to reach $0.01. This politician, based on his tone, is committed to Shiba Inu and is willing to push the token to $0.01 by the end of the year. 

Shiba Inus are becoming increasingly popular. And now it appears that the token has piqued the curiosity of a famous American politician. Could this be Shiba Inu's ticket to the White House and, as a result, global adoption? Well, only time will tell.

For the time being, all we can say is that this politician has had his eye on Shiba Inu for quite some time. The fact that the politician does not merely have political clout adds to the significance of this.

He also possesses the technical know-how to help Shiba Inu achieve global success on a far larger scale than it now does. But first, let's take a look at some other equally important news.

Twitter's main thoroughfares

Watcher Guru tweet

Do you know? Watcher Guru tweeted a list of undervalued cryptocurrencies. The Shiba Inu was included on the list! Aside from ETH, BNB, VET, XRP, ADA, and DOGE, there's also BNB, VET, XRP, ADA, and DOGE. So, if you don't know what it means for a cryptocurrency to be undervalued, you won't comprehend why this is fantastic news.

Undervalued cryptocurrencies, on the other hand, are cryptocurrencies that aren't valued as highly as they should be. This is frequently due to the market's failure to recognize its full potential and the proper value. In essence, these cryptocurrencies are now selling for extremely low prices for what they intend to do in the world of cryptocurrencies.

Cryptocurrencies are undervalued for a variety of reasons. Most of the time, it's because the market has yet to understand how much influence crypto can have on an industry's transformation. On the other hand, it's possible that this is due to a lack of understanding of the coin.

In other circumstances, it could be due to a lack of effective marketing for the token or coin in question. In reality, Shiba Inu's true and full potential has yet to be realized by the market. Market watchers like Watcher Guru, on the other hand, are clearly identifying a pattern that the crypto community should be aware of. 

And it isn't just Watcher Guru who has attracted attention to Shiba Inu's potential; certain investments veterans have as well. Those who got in at the start of the year were unquestionably the most astute.

However, as long as you have a SHIB, you have made a sound investment decision, regardless of when you purchased into the project. Imagine what will happen when the crypto market realizes Shiba Inu's potential if SHIB is still discounted and pumping so much. Plus, whenever that happens, those who bought in early, like you, will be the biggest winners in the whole thing.

Bitcoin ATMs

Bitcoin ATMs

This is fantastic news for the troops of the SHIB. In any case, as Walmart stealthily rolls out its Bitcoin ATMs, the crypto sector as a whole is on the verge of mainstream adoption. The ATMs were created as a result of a partnership between Coinstar and Coinme.

And, as Walmart's communications director, Molly Blake, points out, there are presently 200 Coinstar kiosks at Walmart stores across the country. Users will be able to swap cash or gift cards for Bitcoin at these ATMs.

These developments are positive for the cryptocurrency market because the trend is rapidly gaining traction, even as Coinstar wants to increase its ATM fleet to 7000 by the end of 2021. The necessity for this, according to the business, stems from an increase in the use of these machines, demonstrating the global use of cryptocurrencies.

Low-income individuals now have access to cryptocurrencies thanks to the opening of these ATMs. This will encourage everyone to use crypto-enabled financial services at all levels, implying that crypto transactions will eventually become as prevalent as fiat transactions.

Shiba Inu will have more opportunities to genuinely thrive and realize its potential as a token that can alter the world as crypto transactions become more widely adopted. Because, let's face it, unless crypto becomes widespread, SHIB's chances are dwindling.

Shiba Inu, on the other hand, has a real chance with improvements like these. Although the ATMs currently only accept Bitcoin, additional cryptocurrencies will be added in the future. Shiba Inu is already available on CoinCloud's ATMs in select parts of the United States and Brazil. So it'll just be a matter of time before you can buy SHIB by walking a few blocks.

David Gokhshtein is still a staunch Shiba Inu supporter.

The PAC Protocol CEO had earlier implied that Shiba Inu had no actual value and hence wasn't worth the investment, which makes Gokhshtein's new endorsement all the more remarkable.

Shiba Inu, on the other hand, is exceeding everyone's expectations, even Gokhshtein's. SHIB bears are converting to SHIB bulls in large numbers. We could certainly expect more conversions as Shiba Inu continues to wreak havoc on the bitcoin market.

CBDCs were making headlines

There are new updates, to be sure. CBDC stands for Central Bank Digital Currency, by the way. They are, in essence, digital currencies backed by a country's central bank. Many countries are now investigating and experimenting with this notion to see if it might work in their own countries.

CBDCs, according to specialists, are unavoidable. Naturally, this has many cryptocurrency fans concerned. Will CBDCs eventually supplant cryptocurrency? Analysts have examined all of the criteria and have concluded that the answer is no.

Understanding the differences between CBDCs and cryptocurrencies is crucial. Both are now using blockchain technology. CBDCs, on the other hand, are essentially digital equivalents of fiat currencies that are issued by a country's central bank.

Cryptocurrencies, on the other hand, are decentralized payment system that does not rely on the existing banking system to function. So there's no need to be concerned. Both conceptions may and will exist side by side.

Even talk of a worldwide cryptocurrency is unlikely to materialize because it would contradict the purpose of cryptocurrencies. Furthermore, cryptos are already global in nature because they may be sent to anybody, at any time, in any location, without requiring currency conversion.

The news about the U.S. politician 

Shannon Bray tweet

Shannon Bray, a US Senate candidate in North Carolina who, by the way, has long been a Shiba Inu enthusiast, just tweeted something fascinating. He said that I had changed my Twitter profile picture. It's time to return SHIB to the 1930s. Please, #SHIBArmy... Make a noise.

Let's conclude Friday with a 20% gain. We should have little resistance for a new all-time high once we break the 30s again. "Who is Shannon Bray?" I hear you ask. Shannon Bray is a Libertarian Party senatorial candidate in the United States.

He is currently employed by the Department of Defense, although he is passionate about technology. He has a bachelor's degree in information technology, a master's degree in cyber security, and is currently pursuing a doctorate in computer science.

Shannon has held a variety of positions in the field of information technology, making him an expert in the industry. When he gets elected, he aims to use his experience to help other lawmakers better understand cyberspace so they can establish better laws about it.

Shannon's skill in information technology, paired with his political clout, gives Shiba Inu a significant advantage. He spent roughly $700 in September to buy about 100 million SHIB, which was understandably not much.

However, he stated in his tweet that once Shiba Inu reached one cent, he would donate the entire wallet to a homeless veterans' shelter. But, after that tweet, he hasn't been heard from much until today.

And now, the powerful politician appears to be willing to get his hands dirty and fully support Shiba Inu. Now, if he continues to support Shiba Inu until he is elected, Shiba Inu will have a significant edge.

Shannon's interest in Shiba Inu has always been selfless. And perhaps, this will start a trend in which the Shiba Inu is seen as a symbol of societal virtue. If more politicians jump on board and invest in Shiba Inu for a social cause, Shiba Inu will have more applications and will be able to flourish.

Furthermore, with people like Shannon Bray in the administration, we should expect favorable rules regarding the crypto market, ensuring that Shiba Inu has the base it requires to prosper.

Disclaimer: This article does not encourage you to buy any of the cryptocurrencies / or invest at all. This is just the opinion of an amateur, not a financial advisor. Before investing in cryptocurrency, I recommend talking to your financial advisor and doing your own research.

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