Ex NSA agent consultant warns Shiba Investors

Edward Snowden warned all followers over the hype and trend of Shiba Inu coin like meme coins. 

As we know very well how Shiba Inu grabbed huge attention in the crypto community last week. And also many big crypto investors and influencers joined the Shiba Inu community. 

In the latest, Edward Snowden, a former NSA agent consultant, shared his stance on Shiba with their followers. According to Edward, investors should be careful over their hard-earned money because earning is tough but losing is easy with meme coins. 

In the past, the president of Ava Labs, John Wu, also talked about meme coins. According to John, meme coins are cultural crypto assets and they are in trend because of the cultural social media promotion. These crypto-assets have no use cases in actuality. 

Alongside crypto experts & players opinions, the creators behind the Shiba inu coin already stated that Shiha inu like coins ( meme coins) are just part of a social experiment to figure out the power of social media. 

However, Shiba Inu coin believers claimed that there are huge opportunities associated with the Shiba Inu like smart-contract capabilities, non-fungible tokens, and opportunities for liquidity mining. 

Edward Snowden opinion 

According to Edward, crypto investors are not trying to under this short term trend. Crypto Investors are only sacrificing their hard earnings to make huge profits in a short time. 

However, Edward didn’t criticize people for buying shit coins. He only tried to explain that people should be careful about their risks. 

Anthony Pompliano stance on Shiba Inu 

Before Edward Snowden, highly popular crypto influencer Anthony Pompliano shared his stance on the Shiba inu coin through his “Best Business TV show” and through the show, he described Shiba inu as Dog Poo. 

According to Pompliano, there are zero reasons to buy Shiba Inu but people are going with the meme coins just a part of an unidentified concept of investment strategy. 

Read also: Department of Justice looking for a Director for newly Crypto Enforcement Team