Edward Snowden Likes Bitcoin and Doge, but Wary of Shiba Inu
According to Benzinga, in a recent tweet, the famous whistleblower in exile Edward Snowden warned about unleashing investing hype around Shiba Inu (SHIB) and said that people should not invest their hard-earned money in a "clone of dog money".
According to Benzinga, in a recent tweet, the famous whistleblower in exile Edward Snowden warned about unleashing investing hype around Shiba Inu (SHIB) and said that people should not invest their hard-earned money in a "clone of dog money".
In his tweet, Snowden said, "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."
Earlier this week, the Shiba Inu rose by more than 850% to attain a market cap of around $38.5 billion, even surpassing Dogecoin (DOGE) itself.
On the contrary, Snowden has praised Bitcoin's (BTC) dominance and warned that latecomers to the cryptocurrency adoption may regret hesitating. In a tweet Snowden also acknowledged El Salvador's decision to recognize Bitcoin as legal tender.
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