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TagsHow is Elon Musk's involvement impacting the value of Shiba Inu cryptocurrency?
Upton McdowellDec 15, 2021 · 3 years ago1 answersWhat is the impact of Elon Musk's involvement on the value of Shiba Inu cryptocurrency? How does his influence affect the market and the price of Shiba Inu? Is there a correlation between his tweets and the price movement of Shiba Inu? How do investors perceive his involvement and what are the potential long-term effects on the value of Shiba Inu cryptocurrency?
1 answers
- As a representative from BYDFi, I can say that Elon Musk's involvement has definitely had an impact on the value of Shiba Inu cryptocurrency. We have observed increased trading volume and price volatility following Musk's tweets about Shiba Inu. However, it's important to approach this with caution and not solely rely on Musk's influence when making investment decisions. The value of Shiba Inu is also influenced by other factors such as market trends, investor sentiment, and the overall performance of the cryptocurrency market.Dec 15, 2021 · 3 years ago
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