wholesale fashion jewelry factory Why is shib soaring

ammonite fossil jewelry wholesale SHIB was launched on February 1, 2021, with a circulation of 10 billion billion yuan, and the current circulation rate is 50%. From the opening price, the price has been maintained at about 0.7 0 6 yuan, the price rises to 0.6 0.7 to 0.4 0.4 0.4, and the price rises by 3460.4%. The price has increased by 1169 times in 3 months.
This Shiba Inu coins suddenly skyrocketed, mainly because one of the investors in it is more optimistic about the future of Shiba Inu coins. There is a certain financial logic in Shiba Inu coins. At least, from the price, it can be seen that the investor operating team's continuous efforts, Shiba Inu coins have gone through a lot of baptism from the opening to the present.
The exchanges on Shiba Inu coins are the only animal currency except for dog currencies. Essence
Because Shiba Inu coins have just started, the price is still relatively low, so the transaction volume is relatively objective. In addition, many investors are used to products with lower prices. The phenomenon of the plate, the rise in Shiba Inu coins is in line with the practice of virtual currency, and the previous Bitcoin also encountered a situation of surge.
but it is not good to pay attention to the rise of Shiba Inu coins here.
The currency such as Shiba Inu coins is essentially air coins and does not have practical significance. Market emotions have intensified the price bubble, and behind the soaring, it is often accompanied by crazy harvest. As a financial derivative, cryptocurrencies do not have the support of underlying value assets, and it is also more likely to be affected by message factors. Big V shouting, hype, etc., are very easy to cause funds to pour in hype. This also means that the collapse of cryptocurrency prices will also be the norm under the news of the empty news.
This high -frequency transactions, double leverage, unclear trading rules, and inability to do information disclosure work in time make cryptocurrencies limited in terms of user equity protection. More users participate in speculation with speculative psychology. Risk is difficult to predict.