As the dust settles on the 2024 U.S. presidential election, Donald Trump announces his return to the White House. The world's attention is not only focused on the political arena but also on new fluctuations in financial markets. However, contrary to the expectations of some investors, SHIB (Shiba Inu) did not experience the anticipated surge after Trump's election. This article will delve into the reasons behind this phenomenon, providing readers with a scientific explanation based on the latest market analysis and official data.
During his campaign, Trump proposed three major policy goals: tax cuts, limiting immigration, and raising tariffs. These policies have profound implications for the U.S. and global economy. Tax cut policies may stimulate economic growth, but they also increase the fiscal deficit. Limiting immigration and raising tariffs may exacerbate trade frictions and increase economic uncertainty, thereby affecting global economic growth.
Although Trump's policies may significantly impact 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 last 24 hours but has fallen by 7% in the past week and 2% in the past 30 days. This indicates that while SHIB has seen some increases during certain periods, the overall trend is not strong.
Trump's tax cuts and profit-oriented policies align with the preferences of financial markets and can stimulate capital investment, but the unpredictability of his policies may lead to short-term volatility in financial markets. This volatility could influence 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 SHIB's price 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 multiple 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 affected by internal factors within the cryptocurrency market. Therefore, the lack of a surge in SHIB after Trump's election is not surprising.
