Is Musk crazy? SHIB is set to become the payment currency on platform X!

Everyone, take a look! Musk officially announced that SHIB will be used as a payment currency on platform X, and the cryptocurrency community exploded!

Remember in 2021 when Musk's tweet about "finding Shiba Inu" sent SHIB's price soaring, making countless people rich? But then the market cooled down, and SHIB plummeted, trapping countless investors, and it was almost forgotten. Who would have thought Musk would suddenly drop a bombshell, directly giving SHIB a shot in the arm!

To be honest, aside from the hype, SHIB has very few practical applications. Musk is either trying to attract new users to platform X or he has stockpiled coins himself and wants to pump the price to cash out!

For us retail investors, this news is like a double-edged sword! In the short term, SHIB will definitely rise, and there’s an opportunity to make some money, but the long-term risks are enormous! The price is like a roller coaster, and if you’re not careful, you might get burned! Remember, don’t get too excited, think carefully before investing!