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Shiba Inu and the Metaverse: A New Era for Its Value?
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Mar 18, 2025
In this video, we explore the intriguing universe of Shiba Inu and its remarkable rise in October 2021. We examine whether the imminent Metaverse could trigger another surge in its value, or if there are challenges that might impede Shiba Inu's progress. Join us as we analyze the potential influence of the Metaverse on Shiba Inu and the obstacles it may encounter in this innovative virtual landscape. Stay updated and don't forget to like, subscribe, and turn on notifications to keep up with the latest information.
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Sheba enu performed exceptionally well
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in October 2021 and spiked 1,000% in 30
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days she reached an alltime high of
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08616 during that period delivering
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Stellar returns to investors the dog
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themed token became the Talk of the Town
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after touching its atth and attracted
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thousands of new and firsttime investors
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into its realm so will Sheba enu repeat
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the October tale and make investors
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portfolios balloon to new heights or is
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there a valid reason why metaverse won't
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send Sheba enu soaring stick with me
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till the end to find out more if this
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sounds like something of much interest
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to you be sure to check out this new
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video starting now hello and welcome to
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our Channel where we talk about the
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latest updates from the world of
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cryptocurrencies in general if this is
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your first time watching one of our
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you we invite you to hit the
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notification Bell so you never miss
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another video now let's dive in when it
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comes to Blockbuster UST returns
1:01
cryptocurrencies have spent the last 2
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years dropping the jaws of even the most
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experienced investors but perhaps none
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were as shocking as Sheba enu which
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between January 1st 2021 and December
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31st 2021 gained a whopping 43 Milli
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800,000 per. in other words a tiny
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$229 investment held between those exact
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dates would have made you a millionaire
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naturally investors are hunting for a
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repeat of that life-changing return and
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since Sheba enu has has lost 74% of its
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value since reaching its all-time high
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in October 2021 some might wonder if
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it's time to buy ahead of another Spike
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developers of the controversial meme
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coin have turned their attention to the
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metaverse which could give it new life
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while the metaverse May well offer an
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opportunity to build a new use case for
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Sheba enu and it might even be a reason
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to buy here's why it likely won't
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resurrect its languishing price the
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metaverse describes a collection of
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virtual worlds where occupants exist as
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avatars of themselves and it's potential
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is seemingly endless meta platforms
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which owns Facebook Instagram and
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WhatsApp thinks it could be the next
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generation of social networking and in
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2021 that company burned over $10
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billion on development initiatives meta
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chief executive officer Mark Zuckerberg
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believes building the metaverse will
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take a collaborative effort from social
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media companies software companies and
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even semiconductor and Hardware makers
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like Nvidia earlier in 2022 Sheba enu
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developers announced the shyers it's
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expected to serve as a digital meeting
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place for the Sheba enu token games and
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The Wider Community with speculation it
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could also include virtual land and
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non-fungible tokens nfts if transacting
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on these virtual items requires the
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Sheba enu token exclusively then that's
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a good argument for it to rise in price
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once again however since the metaverse
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will be a vast collection of virtual
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worlds that individual companies might
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create for their own purposes it means
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the shyers probably won't be unique
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especially if all world worlds are
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interoperable it places doubts about
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whether there's any real reason for
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users to utilize the shyers and
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therefore adopt the shibba enu token
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just like in the real world where only
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648 mostly obscure businesses currently
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accept it as a form of payment so even
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though the metaverse is expected to be a
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$1.6 trillion Opportunity by the end of
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this decade it's unclear whether Sheba
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inu's contribution to the initiative
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will be enough to differentiate it from
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everything else out there in the here
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and now the broader crypto sector is
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facing a torrent of headwinds and as a
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speculative meme token Sheba inu's
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ability to withstand them might be less
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robust than mainstream coins like
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Bitcoin or ethereum the US government is
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looking to regulate cryptocurrencies
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from a few different angles as of next
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year cryptocurrency Brokers may be
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required to report their customers
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transactions to the Internal Revenue
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Service IRS meaning investors who sell
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exchange or spend their tokens might be
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hit with a tax bill not only is this
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inconvenient but it strikes at the very
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core of the industry's decentralized
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anonymous features that have made it so
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popular Additionally the Securities and
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Exchange Commission SEC is examining
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whether most cryptocurrencies should be
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classed as Securities which would bind
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Brokers to strict audit and compliance
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standards minimizing the risk of Market
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manipulation while this is a good thing
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it could result in higher transaction
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fees as Brokers seek to cover the
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associated costs these moves by the
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government could deter investors from
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pouring money into cryptocurrencies like
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shibba enu however will a repeat of 2021
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be possible please do not forget to
4:35
subscribe to our Channel and also hit
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person to get more updates about the
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latest happenings in the crypto space
4:44
even if the shyers metaverse project is
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a home run it still won't be enough for
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shibba enu to repeat its lofty 2021
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return if the token were to rise 43,800
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th000 from its current price of
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0.0024 it would arrive at
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$10.7 per token considering there are
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589 trillion Sheba enu tokens in
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circulation that would result in a total
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market value of $6 quadrillion Sheba enu
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is not the same as it was 2 years ago
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the token is currently engulfed in its
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macro bearish phase she piggybacked on
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the Dogecoin hype by carrying forward
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the Baton in the meme currency genre
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meme coins were all the rage back then
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and not investing in them gave investors
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a classic sense of fear of missing out
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fomo therefore fomo played an important
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role in Sheba enu and dogecoins hype but
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that has now fizzled out she and Doge
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are not attracting the same buying
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pressure now in retrospect their prices
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have been tanking Sheba enu saw a string
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of releases like Sheba swap Sheba
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eternity game Well's restaurant John
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Richmond fashion and sharum none of
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these developments help shib to
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sustainably scale up in price moreover
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if none of these projects s helped shib
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there's a slim chance it could spike in
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price going ahead the token is now at
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the mercy of the markets and remains
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firmly in the bare territory she might
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not repeat its October 2021 Bull Run
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Tale in 2023 again as the market does
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seem to support such a move at the
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moment for context that's 70 times
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greater than the 84.7 trillion in global
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gross domestic product GDP in 2020 but
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that's not even the most absurd fact
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that enormous figure is 13 times greater
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than all of the recorded wealth around
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the world right now which stands at $431
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trillion put simply if every person
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business and government converted all of
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their cash and assets to sheiba enu
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tokens it would only warrant a price of
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73 cents that's a long way from
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$10.7 so while the metaverse could give
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Sheba enu a lift in value it certainly
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won't deliver a repeat of its 2021
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returns in fact given the variety of
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opportunities in the new virtual to a
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world it's unlikely shibba enu will
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catch a meaningful boost at all the live
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price of shibba enu is
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0.007 per shib USD with a current market
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cap of $4.24 billion USD in the 24-hour
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trading volume is $ 53.67 million USD
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Sheba enu is currently down
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0.19% in the last 24 hours with a
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circulating supply of
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58934 6.91 B now I'd love to hear your
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thoughts on this in the comments section
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write us anything down here we are very
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eager to read you always remember that
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you are an important part of our
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community with that we come to the end
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