1. Musk announced that SHIB will become one of the payment methods on the X platform, and this news quickly ignited the entire cryptocurrency market.
2. Looking back to 2021, a tweet from Musk about 'looking for Shiba Inu' once caused SHIB's price to surge, becoming the focus of the market.
3. However, as the market cooled down, SHIB's price fell significantly, leaving many investors trapped, and the hype gradually faded.
4. Today, Musk has once again taken action, incorporating SHIB into the X payment system, injecting new vitality into this long-dormant token.
5. Although SHIB has its own ecosystem, including ShibaSwap and various associated tokens, its actual application scenarios remain limited.
6. Musk's move may have multiple motivations: on one hand, to enhance the innovative appeal of the X platform, and on the other hand, it may involve personal investment strategies.
7. For investors, in the short term, market sentiment may drive SHIB's price up, creating trading opportunities.
8. But in the long run, SHIB still faces significant uncertainties, and investors need to carefully assess risks to avoid blindly following trends.