• Mon. Jun 24th, 2024

Elon Musk Doesn’t Own Shiba Inu Tokens

Christian Klausen

ByChristian Klausen

Nov 4, 2021

When it comes to some delirium and possible nuance within the crypto market, you might see the name Elon Musk being highlighted with glitters. Musk has tried countless times to turn the crypto market to his own advantage. May it be overnight crypto rallies and bullish runs on which Musk secures a profit or advocating people to submit their investment into Dogecoin, Musk has been an all-rounder and true influencer of the crypto industry.

This time he has come forward with a new tweet that is surprisingly enough not about Bitcoin or Dogecoin but for the Shiba Inu. The cryptocurrency has been making solid leaps as of late, and its price and overall value have skyrocketed. No one knows what the original purpose of this tweet was or the intention of Musk for sending it; maybe it was to weaken the morale of those going for Shiba Inu or to once again compile the whole community to back Dogecoin in a failed attempt as evident countless times before on Elon’s part. He said that despite the token is soaring at the moment and Musk being an influential party and backer of the crypto community, he doesn’t own any Shiba Inu tokens at all.

Elon Musk Picks Dogecoin Over Shiba Inu

The official Shiba Inu account started the conversation after the cryptocurrency made a solid attempt to top its past value and performance. The question was for Musk asking how many Shiba Inu does he hold at the moment, to which Musk replied with a simple word ‘No.’ Stretching his reply, he said that he has a decent portfolio consisting of Bitcoin, Ethereum, and Dogecoin but no Shiba Inu sadly. He said that the original value lies in the development of the products and making the services better for your fellow beings and not in switching the teams and having multiple favorites at the same time.

This might have weakened the morale of many people who currently hold Shiba Inu in a very mature capacity, but to some extent, Musk was right; the original value does lie in developing efficient and helpful products for fellow humans.

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Christian Klausen

Christian Klausen

Christian Klausen is a talented news writer renowned for his compelling storytelling and comprehensive research. With a sharp eye for detail, his articles offer readers a thought-provoking and well-informed perspective on a wide range of current topics.

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