Edward Snowden condemns SHIB hype

An ex-CIA and NSA employee advised his Twitter followers not to invest in dog currencies.

In his opinion, the chances of beating the market and getting rich on such currencies are very small. Snowden called on everyone who invested in the purchase of the meme to reduce their positions.

“Please think about your real chances of outwitting the market, which sold you not even dog money, but a CLONE of it.”

Snowden noted that he is not worried when people just buy “junk.” But he worries for those who have decided to "mortgage the farm" to buy SHIB in hopes of making a quick profit.

Snowden's tweets came after the coin's record rally. SHIB, the DOGE killer, has created a lot of excitement with its meteoric rise. Mem grew by 826% in October, taking 9th place in the top ten leading cryptocurrencies, with a capitalization of more than $44 billion.

Subscribe to ForkNews on Telegram to stay up to date with news from the world of cryptocurrencies