Buying $100 worth of Shib (the cryptocurrency) can have several effects on its value:
1. **Increased Demand**: A $100 purchase indicates demand for Shib. If more investors follow suit, this could lead to an increase in demand, which could drive the price up.
2. **Market Sentiment**: Your investment can influence market sentiment. If others see you buying Shib, they may perceive it as a good investment opportunity, potentially attracting more buyers.
3. **Liquidity**: A larger purchase can improve Shib’s liquidity in the market, making it easier for others to buy and sell, which could stabilize or increase the price.
4. **Speculation**: If traders see an increase in buying activity, they may speculate that the price will rise, leading them to buy more, which could further increase the value. 5. **Psychological Impact**: The act of buying can create a psychological effect where investors feel more confident in holding or buying Shib, leading to increased buying pressure.
