Edward Snowden has called Shiba Inu “a clone of dog money”
A former US NSA employee considers investments in this asset dangerous
01.11.2021 - 07:45
485
1 min
0
What's new? Former CIA and NSA employee Edward Snowden has posted a tweet urging to refrain from investing in the popular cryptocurrency Shiba Inu. In his opinion, this asset is a clone of another dog cryptocurrency called Dogecoin.
i say this with love:if you got talked into exchanging your hard-earned savings for some new dog money because a meme said you'd get rich, please carefully consider your odds of outsmarting a market that sold to you its stake in *not even dog money but a CLONE of dog money*— Edward Snowden (@Snowden) October 31, 2021
What is Snowden warning about? In his publication, the author writes:
“If you got talked into exchanging your hard-earned savings for some new dog money because a meme said you'd get rich, please carefully consider your odds of outsmarting a market that sold to you its stake in ‘not even dog money but a CLONE of dog money’.”
In addition, he stressed that if this tweet irritates subscribers, they should reduce the number of tokens they own.
How is the integration of Shiba Inu going? As aforementioned, the world's largest cinema chain AMC plans to add the Shiba Inu coin to the list of cryptocurrencies accepted for online payments for tickets.
Useful material?
Trends
As of January 21, the capitalization of this sector of the crypto market exceeds $519 billion
Jan 21, 2025
Market
The platform generated $9,5 million in revenue during the same time
Jan 20, 2025
Market
Shares of the Trust are designed to track the market price of XRP with fewer fees and expenses
Jan 17, 2025
Market
The asset will allow USDT to move seamlessly between different blockchains
Jan 17, 2025
Market
Earlier, the community criticized the project for its lack of transparency, which led to a sharp drop in the HYPE token price
Jan 8, 2025
Market
Rising US Treasury bond yields are negatively affecting risk assets
Jan 8, 2025