Musk shows dog pictures, igniting the market. DOGE breaks 0.14 USD, rising 15%.

On November 1st, the famous tech entrepreneur Musk shared an interesting image on social media, triggering a Fluctuation in the Crypto Assets market. The image showed a Shiba Inu dressed in clothing bearing the logo of a social platform, and Musk also added a GRIN emoticon, seemingly hinting at some information.

This dynamic quickly triggered a market response. Data shows that the crypto asset related to the Shiba Inu image, DOGE, has seen a significant surge. The price of DOGE has broken the $0.14 barrier, reaching $0.14072, with an increase of up to 15.16% within 24 hours.

Elon Musk's move once again proves the enormous influence of social media on the Crypto Assets market. Although he did not directly mention any Crypto Assets, just a picture and an emoticon can trigger such a strong market reaction, highlighting investors' sensitivity to relevant information.

This phenomenon has also sparked discussions about market speculation and price Fluctuation. Some analysts believe that such severe price Fluctuation may be detrimental to the long-term stable development of Crypto Assets. However, there are also opinions that this rapid response precisely reflects the vitality and flexibility of the Crypto Assets market.

In any case, this incident serves as a reminder for investors to treat information on social media with caution and to consider various factors comprehensively when making investment decisions.