Musk shouted "I love 𝑝𝑢𝑝𝑝ⅈꫀડ", what impact will the cryptocurrency market have?
First look at price fluctuations. If "ડ𝑝𝑢𝑝𝑝ⅈꫀડ" is a niche cryptocurrency, Musk's love for it will instantly make it famous. Many investors buy it out of trust in him, and its price is likely to repeat the "legend" of Dogecoin. After Musk's support, it has skyrocketed by more than 800% in a short period of time. Looking back, Musk has launched a "golden dog" in the currency circle about every 1-2 years. In 2020, it was doge, in 2021, shib, in 2023, floki, and in 2024, it will be 𝑝𝑢𝑝𝑝ⅈꫀડ. The previous "Dogecoins" rose by 100-10000 More than times, how high can 𝑝𝑢𝑝𝑝ⅈꫀડ climb this time?
Let's look at market confidence. Musk has extraordinary influence, and his positive voice can inject a shot of adrenaline into cryptocurrency investors as a whole. Even if 𝑝𝑢𝑝𝑝ⅈꫀડ itself has little influence, the market can easily interpret it as his optimism about the industry, which in turn drives up the prices of other cryptocurrencies and boosts the market.
Finally, there is short-term volatility. As soon as he said this, in the short term, no matter 𝑝𝑢𝑝𝑝ⅈꫀડ Regardless of the actual value and prospects, market transactions will become impulsive and frequent, and prices will fluctuate. However, what investors need is patience and to find rational opportunities in the fluctuations. #加密ETF申请热潮涌现 #GMT热度飙升 #ATA涨势分析 #2025比特币价格预测 #币安LaunchpoolBIO预测 $BTC $ETH $DOGE