Shiba Inu (SHIB) continues rising despite Elon Musk revealing he doesn’t own any SHIB coin

Shiba Inu (SHIB) continues rising despite Elon Musk revealing he doesn’t own any SHIB coin
фото показано с : invezz.com

2021-10-25 10:25

Shiba Inu (SHIB) has been on a very strong bullish trend since the beginning of October and it has maintained the trend despite Elon Musk’s revelation that he doesn’t own any SHIB coin.

None

— Elon Musk (@elonmusk) October 24, 2021

Before Musk’s tweet revealing that he owned no SHIB coin, the SHIB coin had shot past its previous all-time high to register a new all-time high at $0.000044.

Immediately after the revelation, the SHIB coin plummeted by about 20% to about $0.000035 before quickly recovering and getting back on its bullish course.

Varied reaction from the Shiba Inu community

There are varied reactions from the Shiba Inu community regarding Musk’s revelation with some imploring the Tesla CEO to consider owning some SHIB tokens.

Another faction criticized “ShibaInuHodler,” the name of the individual that asked Elon whether he owned any SHIB coin on Twitter, for pestering celebrities when the coin was doing fine.

While the majority of the Shiba Inu community was obviously enraged by Elon Musk’s revelation, the revelation will do more good than harm.

The fact that the price of the SHIB coin has been on the rise without the influence of influential personalities like Elon Musk proves that the coin is promising and valuable since it doesn’t depend on endorsements from influential people.

In a reply to the tweets following Musk’s revelation, someone by the name ‘hugoroger’ said that the revelation makes Shiba Inu more valuable than Dogecoin:

It actually makes @Shibtoken look more promising and valuable than @dogecoin which is nothing but a token pumped by celebrity tweets.

— hugoroger (@HugoRoger) October 25, 2021 Elon Musk’s involvement with Dogecoin

Musk has been known to be a great supporter of Dogecoin and is believed to have played a great role in pumping Dogecoin’s price.

He has tweeted severally about Dogecoin and his tweets have often resulted in a surge in the DOGE coin price.

On the same day Elon revealed that he didn’t own any SHIB coin, he said that the reason he supports Dogecoin is that many people at Tesla production lines own DOGE coin although they are not financial experts of Silicon Valley specialists.

Lots of people I talked to on the production lines at Tesla or building rockets at SpaceX own Doge. They aren’t financial experts or Silicon Valley technologists. That’s why I decided to support Doge – it felt like the people’s crypto.

— Elon Musk (@elonmusk) October 24, 2021

The post Shiba Inu (SHIB) continues rising despite Elon Musk revealing he doesn’t own any SHIB coin appeared first on Invezz.

Similar to Notcoin - Blum - Airdrops In 2024

origin »

SHIBA INU (SHIB) на Currencies.ru

$ 0 (+1.82%)
Объем 24H $11
Изменеия 24h: 8.92 %, 7d: 2.86 %
Cегодня L: $0 - H: $0
Капитализация $0 Rank 3428
Доступно / Всего 0 SHIB

shib coin any doesn shiba trend own

Источник: invezz.com

shib coin → Результатов: 39


OKEx Lists Dogecoin Killer, SHIB/USDT Spot and Perpetual Swap Pairs Now Available

The global crypto spot exchange and derivatives trading platform, OKEx has extended support for Shiba Inu Network – an experimental DeFi project that gained unexpected popularity. According to the announcement, the project’s first native crypto asset SHIB also referred to as the  “meme coin” became available for trading on May 10, 2021 on OKEx. The […]

2021-5-12 12:24


Партнеры Currencies.ru

Аналог Notcoin - Blum - Играй и зарабатывай Монеты



Реклама на Currencies.ru

Самое свежее на Currencies.ru

SHIB surges 17% in 24 hours, reaching two-month high

The second-largest meme coin, Shiba Inu (SHIB), has finally gained bullish momentum after a month of consolidation. The SHIB price has been consolidating between $0.000022 and $0.000025 over the past month as the broader cryptocurrency market faced bearish conditions. SHIB…

SHIB price prediction: The next move of Shiba Inu holders should be...

SHIB was quiet last week as PEPE overshadowed other legacy meme coins.  SHIB’s market indecision meant that it could extend its price range.  Shiba Inu [SHIB] short-term holders were outThe post SHIB price prediction: The next move of Shiba Inu holders should be... appeared first on AMBCrypto.

Shiba Inu On The Verge Of 600% Rally? Analyst Weighs In

Shiba Inu, known as the “Dogecoin Killer,” is eagerly anticipating a significant price leap. Market analyst Ashish has sparked excitement with a bold prediction: a 600% surge that could catapult the meme coin to an impressive $0.