The latest news is that the US government's digital wallet has transferred a large amount of 54.894 billion SHIBs
Today is really a big deal. A piece of news has set off a storm in the currency circle like a heavy bomb - the US government's digital wallet has transferred a large amount of 54.894 billion SHIBs! What is going on? Let's talk about it today.
So why did the US government do this? Let's guess
First of all, it may be that they saw the potential of SHIB. After all, SHIB has been in the currency circle for a long time, and its community is highly active and innovative. Maybe the think tanks of the US government have done some research and feel that SHIB has a lot of room for development in the future, so they plan ahead.
Secondly, it may also be due to strategic considerations. Now the digital currency market is getting hotter and hotter, and countries are competing for the right to speak in this field. The US government may want to occupy a place in the digital currency market by holding a large amount of SHIB, and even affect the direction of the entire market.
Another possibility is that this is just an accident or misoperation. Maybe a staff member accidentally transferred so much SHIB to the government's digital wallet, and now everyone is nervous. However, this possibility seems to be relatively small, after all, the US government's operations are generally rigorous.
As soon as this news came out, the most direct impact was the price of SHIB. I hurried to check the trading platform, and sure enough, the price of SHIB began to fluctuate violently. At the beginning, it rose sharply, and many people were buying frantically, fearing that they would miss this opportunity to make money. But not long after, the price began to fall again, and some people began to panic sell.
This is not difficult to understand, after all, everyone does not know the true intentions of the US government, and they are unsure. Moreover, the price of the currency circle is inherently unstable, and a little disturbance can cause huge fluctuations.
However, in the long run, what impact will this news have on the price of SHIB? It's really hard to say. If the US government is really optimistic about SHIB and continues to hold or even increase its holdings, then the price of SHIB is likely to rise steadily. But if this is just a short-term hype, or the US government later sells these SHIBs, then the price of SHIB may plummet again;