Doge creator Billy Markus recently stated that “hype doesn’t last,” but projects need “lasting value” to survive.
In context to the ‘pump-and-dump’ ecosystem in crypto, he explained to his Twitter audience,
“…if gamestop, with all the hype, continued down the same path that got it on the brink of death, what did the hype really accomplish?”
He essentially meant that a project will need more than just hype to sustain in the longer run. Elon Musk was quick to respond, as his tweets are often seen to impact token movements.
Recently, SHIB had experienced a short-term weakness on the back of his confession of holding zero Shiba Inu tokens.
<p lang=«en» dir=«ltr» xml:lang=«en»>BREAKING: Shiba Inu Token Plummets over -27% after Elon Musk Confirms He Read more on ambcrypto.com