
Edward Snowden, the exposer of the "Prism Gate" in the United States, recently issued a warning on the investment in Shiba Inu, saying that people should not invest their hard-earned money in "clones of Dogecoin".
Snowden said in a tweet: "I'm saying this with love: If you're told to take your hard-earned savings for some new Dogecoins because a meme says you're going to make a fortune, think carefully about your chances of winning in this market, which sells you not even Dogecoin, but a clone of Dogecoin." ”
On Friday, Shiba Inu coin surpassed Dogecoin to become the ninth largest cryptocurrency in the world by market capitalization.
Snowden said he doesn't mind people buying "junk" at all. However, he feared that those people might be manipulated to "mortgage the farm" to buy Shiba Inu coins.
Contrary to his attitude toward Shiba Inu, Snowden has praised Bitcoin's existence and warned that latecomers to cryptocurrency adoption may regret their hesitation in the future.
Source: Market News