Cryptocurrency

Popular Bitcoin Early Investor Ready to Sell Cardano (ADA) for Shiba Inu (SHIB): Details

DaVinci Jeremie continues to express his affinity for the second-largest decentralized meme token Shiba Inu (SHIB) amid the asset’s poor price performance in recent weeks. The prominent crypto community member believes SHIB would give investors a good return for their money.

Per a recent TikTok video where Jeremie was seen displaying six physical collectibles, representing Bitcoin, Shiba Inu, Ethereum, Litecoin, Cardano, and Dogecoin. As per the short clip shared on April end, the early Bitcoin proponent and investor noted that he is willing to dump the native token of the popular smart contract platform Cardano to accumulate more SHIB and DOGE tokens. 

“Well, I will hodl Bitcoin and I’m gonna be seeking Cardano for Shiba Inu and Doge”, he remarked. The senior software engineer and crypto millionaire said this when asked to disclose which among the mentioned six cryptocurrencies he intends to hodl or sell. 

It is not entirely surprising that Jeremie prefers to hodl SHIB over ADA despite Cardano being more technologically advanced than the community-driven decentralized meme token. Notably, the early Bitcoin investor has always been urging his followers to buy Shiba Inu, citing that the asset has the potential to rally high in the future. 

Jeremie’s affinity for the popular meme token can be spotted in late November 2021. Back then, he tweeted, “I hope you hold SHIB, it’s coming for another run soon!” Likewise, the BTC early bird has been recently recommending Shiba Inu on several platforms including Twitter and TikTok. In a short video posted early this year, DaVinci stated that he is very bullish on SHIB and DOGE.

His confidence in SHIB could be because the project has a huge and active community that is dedicated to any initiative such as SHIB burning that seeks to boost the token’s value. Binance, the largest crypto exchange by trading volume, is among the supporters of the Shiba Inu burn mission. So far, the exchange has burned over 31 billion SHIB, helping to reduce the hyperinflated token supply.


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Ndianabasi Tom

Ndianabasi Tom joined the crypto and blockchain industry in late 2018. He is an all-rounded crypto journalist and content writer. At TimesTabloid, he covers the industry's latest news, developments, and other educational content. He is a graduate of Petroleum Engineering.

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