One of Bitcoin’s early adopters and prominent crypto educators, Davinci Jeremie, recently requested that crypto investors grab some Shiba Inu (SHIB) tokens. The early Bitcoin investor has evolved to love SHIB and occasionally recommends the asset to his sizable fan base.
According to Jeremie’s latest remarks on Shiba Inu, he responded to a question from crypto analyst Slavik Crypto. In response to Slavik’s request for recommendations on other cryptocurrencies to buy with USDT, Jeremie said, “Umm SHIB.”
Some cryptocurrency enthusiasts have paid extra attention to Jeremie’s recommendation because of his reputation in the industry. One of the first Bitcoin adopters, Jeremie is well-known among proponents of cryptocurrencies for pleading with viewers of a 2013 YouTube video to invest at least $1 in Bitcoin.
In the video, Jeremie is heard telling viewers to purchase bitcoins worth at least $1 and store them in wallets. He pointed out that at the time, one dollar was equal to one million satoshis (0.01 BTC). This investment would have multiplied one hundred times at the ATH of Bitcoin in November 2021. Jeremie has also previously disclosed that he purchased bitcoin when it was priced under $1.
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Growing Demand for SHIB Through Jeremie’s Advocacy
Shiba Inu has caught the attention of well-known crypto enthusiasts, who often promote the asset when the chance arises. He admitted selling “everything” in June, except for Shiba Inu and Dogecoin.
Additionally, he revealed that Shiba Inu is the only asset he intends to hold onto until the next bull run. In November 2022, Jeremie advised investors to also have some SHIB in their personal wallets in response to news that SHIB was Crypto.com’s second-largest holding.
Along with Jeremie, additional cryptocurrency enthusiasts have converted to SHIB supporters as the asset’s acceptance rate increases over time. This rising adoption was partly brought on by the asset’s enormous price increase between 2020 and 2021. If $100 had been invested in SHIB on January 1, 2021, the returns would have been $48M by December 2021.