According to Shannon Bray, a North Carolina gubernatorial candidate, buying Shiba Inu when it’s under five zeros is “awesome.”
Shannon Bray, a North Carolina gubernatorial candidate and prominent technology entrepreneur, is bullish on Shiba Inu (SHIB). The 50-year-old cybersecurity expert recently asserted that procuring SHIB when it is under five zeros is an “awesome” purchase decision.
Buying #shib under the 5th zero is awesome. There is no speculation. When $eth pops, the #SHIBARMY eats that zero.
Short term or long term. $shib is always the play.
I am not a paid influencer nor is this an advertisement. pic.twitter.com/89jiQqZCYr
— Shannon Bray 🪙 (@ShannonBrayNC) May 12, 2023
After five months of holding above the crucial support at $0.00001 since it reclaimed it on Jan. 16, Shiba Inu was recently battered below the price point in the latest ongoing market-wide downturn. SHIB dropped from $0.00001 on May 1, and all efforts to tower and stay above the zone have been met with opposition from the bears.
However, Bray believes the asset’s current position is an attractive buy opportunity. In his recent remarks, Bray expressed his confidence in the belief that Shiba Inu will once again tower above the position when Ether (ETH) stages a run. Notably, ETH has also been registering intermittent declines since it hit the high of $2,141 mid April. The asset has declined by over 9% in the past week.
To further emphasize how confident he is of Shiba Inu’s bullish outlook, Bray asserted that SHIB remains an attractive investment option whether in the short term or the long term. He clarified that he was not paid to advocate for the asset, and his comments are not a form of advertisement.
Notwithstanding, these represent Bray’s thoughts and should not serve as investment advice. As of press time, SHIB is currently trading for $0.00000875, up 1.16% in the past 24 hours but down 12.32% in the past week.
Bray is a Firm Believer in Shiba Inu
This would not be the first time the North Carolina gubernatorial candidate is expressing his advocacy for Shiba Inu. The majority of his investment picks have been on SHIB, as he seeks to pinpoint his firm belief in the asset’s potential.
Last month, Bray revealed that he regularly purchases Shiba Inu on a daily basis. He further disclosed that he converts his paychecks to SHIB, and he only sells the asset to pay his bills. Amid the recent PEPE hype, Bray recently reaffirmed his position on Shiba Inu, dubbing the asset “the king of memes.”
Shannon Bray is not the first public figure to advocate for SHIB. As previously reported by The Crypto Basic, some celebrities that have expressed support for the asset include prominent American rapper Ice-T and Nick Carter, one of the members of the boy band Backstreet Boys. DaVinci Jeremie, a BTC pioneer investor, also advocates for the asset.
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Disclaimer: This content is informational and should not be considered financial advice. The views expressed in this article may include the author's personal opinions and do not reflect The Crypto Basic’s opinion. Readers are encouraged to do thorough research before making any investment decisions. The Crypto Basic is not responsible for any financial losses.