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Famous entrepreneur releases Shiba Inu image, DOGE big pump 15%突破0.14美元
On November 1st, a well-known entrepreneur in the tech industry shared an interesting image on social media, triggering Fluctuation in the Crypto Assets market. The image featured a Shiba Inu wearing clothing with the logo of a certain social platform, accompanied by a simple GRIN emoticon.
This move seems to have had a significant impact on certain Crypto Assets. Market data shows that the price of DOGE coin has surged significantly, breaking through the $0.14 mark. Specifically, DOGE is currently trading at $0.14072, with a 24-hour increase of 15.16%.
This phenomenon once again highlights the close relationship between social media influence and the Crypto Assets market. Although there is no direct causal relationship proven, market participants seem to be very sensitive to such information and often respond quickly.
Analysts point out that this fluctuation reflects the unique nature of the crypto assets market, which is highly sensitive to the words and actions of public figures and social media dynamics. However, they also remind investors to be cautious about such short-term fluctuations and to focus on the long-term development and fundamentals of the projects.