Something crazy is going on, I was watching some price predictions of my favorite altcoins on Youtube yesterday and I was a few videos about some women that claimed that God revealed to them that a certain amount of crypto projects will bring huge amount of money to those who invest in them, are you ready for this?
Shiba inu was predicted to reach 50$ per token, this woman said God revealed this price to her, another channel which is also a lady claimed that God said Shiba inu will be the new wealth transfer for people in few years to this time.
I read some comments and I saw how many people belief in this prophecy, has anyone seen something like this before. What do you believe?
Ha ha ha. What nonsense these Influencers publish in social networks, just to increase the activity of their accounts and increase the hype around these or those coins, for which they are paid. These bloggers are extremely corrupt and everything they advise should be divided by zero. The value of their predictions is zero and has nothing to do with reality. Tomorrow some fanatic will say that SHIB will soon overtake bitcoin in price and a crowd of hamsters will run to buy this token and provide the next market maker with additional income at the expense of new stupid newbies.
It is just a race to the bottom, if an influencer predicts bitcoin will get to 100k during the next bull run and they get a lot of attention then another influencer will predict 200k, this process continues until we see completely ridiculous predictions like 50 dollars for each shiba inu token, it is nothing more but an attempt to bring more attention to themselves and gain viewers, and unfortunately it works which is why we are discussing this at all.
Influencers are usually an element of market making. Forming a certain opinion in the information field can be done for the weakest hands to take the right actions. I have long noticed a correlation between the next forecasts from major investment banks and future bitcoin movements. If some representative of a bank says that bitcoin may soon rise to a certain point, then we can expect a correction in the market. And vice versa, respectively. Public people should not be trusted.