A famous crypto analyst, Michaël van de Poppe, announced that he is not a fan of the meme coin Shiba Inu (SHIB), which has hit a big break this week, and warned investors.

Michaël van de Poppe has warned his 458,400 Twitter followers not to fall into the trap of potential FOMO on SHIB. The analyst also said that he hopes SHIB will disappear and it is better to look for other opportunities instead.

Michaël van de Poppe also said: “SHIB experienced a heavy correction of about 30-40% in a few hours. I hope you didn’t buy it last night after feeling the FOMO about investing in that cryptocurrency. There are lots of other great opportunities around.”

Michaël van de Poppe on the SHIB rally; He expressed disappointment that SHIB is diverting attention from other crypto projects involving decentralized finance (DeFi), decentralized autonomous organizations (DAOs) and non-fungible tokens (NFTs). completed it.

Disclaimer: What is written here is not investment advice. Cryptocurrency investments are high-risk investments. Every investment decision is under the individual’s own responsibility.