Thread by @azfnft

Shiba Inu Coin will cause the next #NFT bull run #changemymind #SHIB #SHIBARMY

Here's why 👇👇🧵

1/ Coins like Dogecoin and Shiba Inu are meme coins fueled by fomo and the desire to get rich quick. It's the ultimate legal Ponzi scheme —> folks buy because they think others will buy as well. No utility.

2/ What's another space that is fueled by fomo and the desire to get rich quick? NFTs!!

When retail investors paper hand and take profits from Shiba Inu, they will want to find the next "get rich quick asset".

3/ The peak of Dogecoin was early May.

What else happened in early May? the start of NFTs going ballistic

4/ The new Shiba Inu millionaires will also rush to the next promising market. How else is this wallet going go diversity their portfolio? 🧐

https://twitter.com/MorningBrew/status/1453445533754855433

5/ The timing works out well with the introduction of the Coinbase NFT platform.

https://twitter.com/Coinbase_NFT/status/1448019168096256001

6/ Even just the media exposure from Shiba Inu helps get more folks interested in the money making opportunity of Crypto

7/ Shiba Inu is the top trending search on Google today. In today's economy, ATTENTION is the new currency and when folks start diving into the crypto rabbithole, what will they find... NFTs!

8/ Retail investers using apps like Robinhood today want to trade Shiba Inu and are willing to petition for it. Think about when retail investers start petitioning to trade NFTs on their platform — we are so early :)

9/ What does this all mean? Any publicity for the Crypto space is good publicity.

Each news article someone reads gives them a chance to question the "but I can just right click and save" argument and actually buy into why NFTs are the future.

10/ I personally heard about NFTs back in Feb of this year and immediately disregarded it, thinking it was dumb JPEGs were trading for millions.

Looking back, I definitely regret not being more open minded. I'm sure many of you feel the same way

11/ Only after being exposed to more and more NFT content, did I take the time to do my own research and come to the bullish take I have on NFTs today.

Shiba Inu holders will soon realize this 🙌

12/ When they come, they will push up the prices of new, unproven projects, which will inevitably push up the prices of more solidified blue chips like #BAYC and #Punks

13/ More NFT news will flood the market and with the added attention, we'll see more money poured into NFTs.

14/ Given this upcoming trend, what should a fellow NFT collector do?

I'd say HODL but this is NFA and always DYOR.

☝️ (We have so many acronyms in the space)

15/ Comment below if you're buying/selling Shiba Inu and if you know someone who has a ton of Shiba Inu but no NFTs... yet 😂