Recently, Sun Yuchen released a blockbuster news at an event: SHIB will become another payment method for Musk's X platform after DOGS! As soon as this news came out, it was like throwing a big stone into a calm lake, and the ripples spread out in circles. Those of us who speculate in cryptocurrencies are not calm.
If SHIB can really become a payment method for the X platform, it will be a huge boost to the promotion and popularization of SHIB itself. This is equivalent to opening a door to a new world for SHIB, allowing more people to access it, understand it, and use it. Moreover, this will also bring new vitality and opportunities to the entire cryptocurrency circle. Everyone may pay more attention to the application of digital currency in actual scenarios, rather than just treating it as a speculative tool.
First of all, although Sun Yuchen's words have a certain weight, they cannot be fully believed. After all, this is just a statement he made at a certain event, and it has not become a reality yet. In the cryptocurrency circle, this kind of news is sometimes for hype, to attract attention, and let everyone follow the trend to buy or sell. If we are too impulsive, we may fall into the trap set by others.
Another thing is that even if SHIB is really possible to become the payment method of X platform, there are still many uncertainties in the middle. For example, regulatory issues. The regulation of digital currency has always been a big problem, and the attitudes of different countries are different. If the regulatory authorities say it is not possible during this process, then this matter will not be successful. There are also technical issues. It is not a simple matter to integrate SHIB into X platform, and various technical difficulties will definitely be encountered.