With the dust settling on the 2024 U.S. presidential election, Donald Trump announced his return to the White House. The world's attention is not only focused on the political arena, but the financial markets are also experiencing new fluctuations. However, contrary to the expectations of some investors, SHIB (Shiba Inu) did not experience the anticipated surge following Trump's election. This article will delve into the reasons behind this phenomenon and provide readers with scientific explanations based on the latest market analysis and official data.
During his campaign, Trump proposed three major policy goals: tax cuts, immigration restrictions, and increased tariffs. These policies have far-reaching effects on the U.S. and global economy. Tax cuts may stimulate economic growth, but they will also increase the federal deficit. Immigration restrictions and increased tariffs could exacerbate trade friction and increase economic uncertainty, thereby impacting global economic growth.
Although Trump's policies may have a significant impact on the global economy, the price fluctuations of SHIB as a cryptocurrency are more influenced by market supply and demand, investor sentiment, and technological developments. According to the latest market analysis, SHIB has risen by 5% in the past 24 hours, but has fallen by 7% in the past week and by 2% in the past 30 days. This indicates that while SHIB has increased during certain periods, the overall trend is not strong.
Trump's tax cuts and interest-driven policies align with the preferences of financial markets and can encourage capital inflow, but the unpredictability of his policies may lead to short-term volatility in the financial markets. This volatility could affect investors' decisions regarding cryptocurrencies like SHIB.
In summary, although Trump's election as President of the United States is a significant political event, its impact on the price of SHIB is not as pronounced as expected. The price of SHIB is more influenced by market supply and demand, investor sentiment, and technological developments. Investors should consider a variety of factors when making investment decisions, rather than relying solely on a single political event. While Trump's policies have significant implications for the global economy, SHIB, as an emerging cryptocurrency, is more influenced by internal factors within the cryptocurrency market. Therefore, the lack of a surge in SHIB following Trump's election is not surprising.
