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I found a news that the Shiba Inu commuity is not happy with Elon Musk. $SHIB crashed after Musk revealed he didn’t own it and only had BTC, ETH and DOGE. Elon Musk has a Shiba Inu puppy at home. Elon Musk has joked about Shiba Inu, but Elon Musk doesn’t hodl Shiba Inu.

Replying to one of the many Shiba Inu accounts on Crypto Twitter, the famous Elon Musk confirmed that he didn’t own Shiba Inu, despite being a highly influential figure for that community.

 I think this will have an effect with the Shiba price but not a big effect because Shiba is still at 0.000042$ at price even if Elon musk revealed he doesn't own Shiba what was your thoughts on this folks?

That is a good lesson to be learned by those who get easily hyped by meme coins. People who want to invest in crypto market should stay away from Elon Musk and his jokes, because after all it always end very bad for investors while Elon drops out without any responsabilities for the mess his jokes cause around.

Shiba investors are complaining a lot and blaming Musk for the recent crash, but nothing can be done anymore, it's too late now. I feel sorry for those who lost money, however nothing different was expected and these investors should have been more careful because we already knew the bad Musk's reputation in crypto universe, as months ago he dumped bitcoin price for speculative reasons.

If people sell their crypto because of what Elon Musk thinks or says then they’re NGMI.
Seriously who cares about his opinion, he stopped talking negatively about bitcoin in the end because people stopped caring. It just shows how young, new, inexperienced the SHIB community is. 

SHIB was already running too hot, it made ridiculous gains & was primed for a deep correction.

doesn't he often do things like this why those in the shiba community should be shocked.
they must realize what this shiba is made for, and this is a lesson to be learned. when the coins are no longer useful, then consciously or not they will be thrown away and a statement from Elon confirms that the shiba is no longer needed by them.
and i was really surprised when everyone reacted to what elon said because they felt wronged but it was so funny when elon wanted to make their new manipulation like never give up following it

Yeah, I have seen this reply from Elon Musk, If he said "YES" than maybe shiba inu price will skyrocket lol. But unfortunately he didn’t hold shiba inu. Yes, provably this coin holders little bit shocked or disappointed after got this such response. But i don’t know why people’s follow the recommendations of someone where most possibility to lost money.

He did tweet a meme related to SHIBA the other day, nothing major will happen but for the SHIBA community to actually be upset about the news, the memecoin is still doing good after a short crash, also, Elon revealed the coins he is holding last 2 months AFAIK, but, I'm pretty sure that he's just here to support the coin and not invest in it, we don't know what Elon's plan is but I'm pretty sure that he'll continue to support the coin.

Elon is playing again, investors are too dumb to follow the hype while Elon is making money from their ignorance.

He can say no or yes, besides he has no legal obligation.
if people still believe in his reputation, then they are playing with the fire here as Shiba would be the next DOGE which will remain stagnant since Elon could always leave a meme coin that he already made a big profit from already.

I guess Elon is just testing how effective his manipulation is, one day I would not be surprised he will promote his own coin.

https://www.bnnbloomberg.ca/shiba-inu-crypto-falls-from-record-after-musk-damps-speculation-1.1671252

It's possible that Elon Musk never held a Shiba Inu, and I saw a tweet from the official Shiba Inu account asking Elon Musk to tweet about Shiba. But I'm not following any further developments as to whether Elon Musk does. But I saw after that the price of Shiba started to increase. I think people are taking advantage of Elon Musk's current presence in crypto. And make the names of other world figures who spend large capital in crypto forgotten.

I'd happily believe that he has any of those coins if he turns around and then inversely says that he has any Shib in his portfolio or whatever names he gives. Elon Musk seems to be a joker who cracks a joke during his free time, spare him for whatever he does to try and increase the value of some coins which have the potential to grow slowly and doesn't need his support.

I seriously don't want to hear of any Elon musk affiliation with any project. It is even healthy for the project to stay off Elon musk since the doge coin and dump tweet in May.

Elon is just playing around and people are following him. Those followers that always kept on waiting for his signals, you shouldn't be dependent to him or else you're going to do it very wrong.

Whether Elon says he owns or not.

You shouldn't be the one that's just waiting for his approval and what to pump.

We don’t literally know if its true or not but of course, Elon is a hype guy so maybe he is just spreading FUD and he really knows the effect of this. If SHIBA reacts on just one tweet, I’m pretty sure it is being manipulate by a whales and its too risky for the trader so always trade wisely.

Elon is one of the reasons why Dogecoin (the meme coin) could rise and pump so highly at that time.
And if he revealed that he owns Shib it will replace Doge and maybe that is not his plan. Because probably, he still has some of the other plans to pump Doge again. We know that we are heading to the altcoin seasons and this is not impossible if the chance of Doge to be pumping up will happen again because of the Elon tweet
I know that many people don't want to hear again about Elon's tweet. But in fact, hist tweet still gvies big infleunces, like for Shiba itself.

Believe it or Not, Elon is so obsessed with Shibu. the community behind shibu is soo strong and elon can't believe how shibu raises soo fast. the possibility of seeing shibu displaced Dogecoin is highly possible. the reason he  promotes his dogecoin is because he single handedly pushed degocoin to its current position. it will be difficult to see him loose

Investors in SHIBA or even the dev team itself cannot blame Elon Musk, because it was not his idea to talk about it.
It was the marketing team of SHIBA who asked Elon Musk how much SHIBA he have and he replied "none":
Unfortunately, it looks like it was just a marketing team's mistake.

https://i.imgur.com/cQLDknt.jpeg

Yh, well then the coin shouldn't be so dependent on what people affirm - until now this has only been speculation but now Elon's holdings of this pump meme coin has been confirmed and if this was not seen as oncoming by investors in Shiba Inu then there's nothing much to say other than - next time choose better. Take it as a lesson, learn from it and move on. It is just how it works.

It's their fault for assuming that he may be interested with Shiba. These people should have known better not to use the most influential people in the crypto space in their attempt to market their token. It happened with Vitalik and now with Elon. They can start over again now that things are clear.

Elon Musk has suddenly become the cheerleader of the cryptocurrency market. The impossible cryptocurrencies have come to impossible prices. He officially mocked people and the investments people made. Currently, he manipulates the cryptocurrency market very well, using both the power of his money and the power of his name. Honestly, I think he manipulates it very well, even on shiba. With this tweet, he caused the shiba to lose value. Then, with these price losses, I think he collected the shiba during this decline. In short, while Elon Musk adds wealth to his wealth with such manipulations, small investors are doomed to lose.

The marketing team took the risk by asking Elon Musk about it. I think they realized what the consequences could be. In my opinion, they made this decision fully consciously. They probably counted on a positive turn of events and a huge increase in price, as in the case of DOGE. Unfortunately, they were wrong. Now they will have to work a lot more to improve SHIBA's image. As we can see, it's not worth taking shortcuts.

What you said is the basic common sense but there is a huge fan following who is jumping into anything he says because his FUD has created them wealth. He has done that in the stock market and we know what he used to do in the cryptocurrency market shilling coins and that had huge impact on the market he is advertising simply because his followers are purchasing anything he says in large quantities.

Probably another trick in Elon Musk book, (1) if someone ask him how much "x" cryptocurrency he owns, he will say no (2) it will have a domino effect on that "x" coins pulling the price down (3) Elon Musk buy a ton (4) change his stance and he said he bought some (5) the price spike, (6) more money again for him.

So for me I wouldn't bother to read his tweet or whatsnot. We should decide for ourselves and not blindly listen to any crypto influencer, not only Elon Musk.

That is simple, Elon Musk doesn't like the Shiba Inu project, and that he ruins it, but later on, he got a plan to invest and make hypes again. A way to manipulate the price and take advantage of it while holders are selling their coins at a low price. Might say it was a dirty tactic but seems effective since these whales have the influence to make a huge recovery.

Thi is just my assumption but can be possible in real life.

That's their mistake.

If they rely their investing technique to Elon, all of them are likely to get doomed for sure. See how he reacts on the market and tells confidently that he doesn't own any but has been happy with the pumping with his starter?

Many will really be deceived by his attitude towards shiba.

I really like your ecenario. In your opinion, we should now buy SHIBA and wait for Elon Musk's new tweet, but this time with positive news for SHIBA.
I think this idea is worth risking a few bucks :)
If there is a positive tweet about SHIBA on Musk's profile, I will ask you for your BTC address to transfer some satoshi ;)

It could be a long term impact but if there are lots of die hard hodlers on shiba and this will not give any impact to the price, elon was also saying that if he has no coin other than bitcoin, ethereum and doge coin. The shiba community was putting big expectation for elon to own some shiba and shiba was always tweeting his prediction so many times about that. Elon was taking the right decision by confirming it on the shiba's twitter.
It can be seen from the weekly chart of CMC if shiba was recovering again from the dump despite the fact that elon didn't hodl it but shiba has bunch of die hard hodlers. https://coinmarketcap.com/currencies/shiba-inu/
You can even check it directly on CMC. it can be said that if elon's tweet didn't have any impact to the price of shiba inu. This is crypto once someone can become a die hard hodlers for any coins. I didn't even think if this was only his trick to make the price to be dumped but I'm sure that it's his honest opinion.

Elon Must doesn't care about Shiba Inu future, he just makes hype to any coin he wants. If he cares, he must hold or have some SHIB. Or he didn't reply "none" at least. I don't know why SHIB holders always follow his tweets, he isn't the developer of Shiba Inu project. Look at what he did, he even said having no SHIB on his wallets. I am sure he is very aware saying this, it probably triggers the price to drop massively.

for me, elon's answer is pretty straightforward and that's good, so people hopefully will stop speculating if in case elon will support this meme token for nothing. people should realise that this token has no real use case in the first place and it became popular just because of what? though binance listed this token, it doesnt mean they can stay long in that exchange. once people are tired of riding this meme hype, and no one is interested anymore, i don't think they will be actively trading for years.
maybe the one who asked in twitter is hoping that elon will answer differently, like if he owns a lil bit and then hoping the price will skyrocket for no reason.

Elon Musk can influence a lot this market. We observed it in spring that he can pump the price just tweeting something connected with crypto. This way we saw how meme coins especially Doge coins and Shiba Inu went up and down several times. He still has an impact, but I think that Shiba ceases to be a meme coin and soon it will not be so vulnerable to his tweets.

many people think that the shiba inu is the next doge, so many people try to buy it, until finally the pump. but on the other hand there are many people who think that Elon is behind the Shiba, and if this is not true and Elon stated in a tweet then it is not impossible that unwanted movements will occur, although not at this time, but at least we have to be vigilant.

After Elon Musk's negative replay we see a dumping in Shiba Inu coin, when Elon said that He only active with Bitcoin, ETH and Doge and not Holder of SHIB then It's price has 0.000042 to 0.000035. I don’t know what is this, real or fun.       

I think you should put that tweet here directly here so it will be transparent to all seeing that proof of Elon tweeting denying owning or at least Having Shiba Inu?

When recently he mentioned of creating a token mistaking and that named Shib 

Anyway lets help the man finding His way to reality because this is another obvious way of showing how he is trolling the market infront of us.

Hi Buddy, I saw the information here, you can see the tweet replies from Elon Musk in the article below.
https://www.google.com/amp/s/news.yahoo.com/amphtml/elon-musk-reveals-doesnt-hold-114100564.html

Btw, I'm not surprised to see that tweet, because SHIBA has a lot of community members and that's what drives its price goes up, with every update of the roadmap and information provided by SHIBA developers like NFT and many more, I think price will increase with number of demand

good if he already gave the statement . so that no one else is believe with fake news about shiba and elon. now we just have to see if shiba still has a loyal community to keep raising prices like before or vice versa. for shiba 's current condition even after the elon tweet didnt drop like crazy . whether shiba will continue to strengthen after Elon's statement or not no one knows. need guts to buy shiba at this time .

It's a pity that Elon Musk was laconic with the answer. I think the community would be interested to know if Musk had previously bought a Shiba Inu coin when he shill this coin on his Twitter account. But now one thing is clear: The Mask holds only Bitcoin, Ethereum and Doge, which means that his followers will buy exclusively these coins.

If investing based on other people's words is the same as you don't believe in yourself to make choices in your life, remember don't be too easily manipulated by Elon Musk, we've seen how doge is now !!

I think it's too stupid to believe about Elon, because in the past, whenever Elon tweeted about Alt, all investors seemed to want to buy at an already high price, by default Alt price would be higher, that's why I was sure before Elon wrote in Twitter about this he bought Alt first after that he took the action of setting a trap by writing on his twitter about Shiba. after many investors fall into his trap then Elon will easily throw Alt and then look for the next target with a new Alt. Because this all happened with DOGE at that time.

Why should he own shiba inu? Just because he owns a dog like that and he owns Dogecoin? I don't really think that this alone justifies the conclusion that elon musk is owning shiba inu or that he even should own shiba inu to support the project or stuff like that. Shiba is a second generation meme-coin or shit-coin and has in my opinion no real reason to exist as it offers zero use cases or benefits for it's users. So why should it be endorsed by someone else then it's bag holders.

Although Elon Musk says he doesn't own a Shiba Inu, he is a very influential person or figure in the Shiba Inu community. I'm not sure what Elon Musk said that he only has Btc, Ethreum and Doge, I believe Elon Musk still has Crypto Assets that he hides.

LOL, that's why don't expect people like him to increase the price of the coin. if you hold bitcoin, or a popular coin whose development is obvious, even whoever holds it, or doesn't hold it, that's none of your business, because you believe in the development of the coin it will attract people.
Well, apart from that, investing in meme coins is also very dangerous. relying solely on people like Elon Musk, it's quite risky. Finally, when they hear news like this, many people will be disappointed, and there will most likely be a panic sell.

He is too focused on improving the Dogecoin and if he said that he owns Shiba token, then investors and Doge holders will move to Shiba and will leave Dogecoin. I think that was the reason why Elon doesn't hold other coins beside Bitcoin, Ethereum and Dogecoin.

Maybe he purposely said he didn't have Shiba and made the price drop, after that he would buy at a lower price. After he buys he will say he likes Shiba, and boom the price goes up again.
That's the way Elon Musk makes a profit, lol

Yeah, right now DOGE holders are crying because most of them following Elon Musk and they bought high price but they don’t want to sell at lose until met the recovery. Shiba Inu investors also fall into the same situation in the coming days. So, i think we shouldn’t invest in manipulated projects like DOGE. 

Lol, Agree with mate on this.  Since when did Elon change the way people think about reason?  He was even able to take pictures of Shitcoin climbing to the moon multiple times.  That's how he made an impact back.  Although he has stated not to hold any Shiba, everything about the meme revolves around his hype.  Think about what is right.  Don't let your mind wander, one day he hates bitcoin and some people wonder about it?  there are serious mistakes here I guess

I don't even worry about that. Look at the current price of shiba right now. The regular burn of shiba inu was making the tweet by elon meaningless. Shiba was very strong token right now. It has millions of supporters. After a slightly dump due to the elon's tweet and people realized that there will always be another opportunity. He may not come for shiba right now but he will come again soon.

The chart shows that shiba community was even stronger than elon. Crypto's climate was changed slowly. None know whether what he was saying was the truth or not.
Elon himself who was know about that.

IMO, I think there is no issue regarding that statement, Elon Musk was just honest to say that, the problem came from those people who assumed and fooled themselves, that Elon was held some Shib in her portfolio, don't get me wrong I'm just saying what I observe, I have also some Shib in my holdings but honestly speaking I have not bothered with that Elon Musk statement for me it's nothing that's why let it vanish.    

Dogecoin price won't crash if he reveals that he owns shiba, it's just that people will also buy Shiba along with bitcoin, ethereum and Dogecoin. People are looking towards him as a ray of hope after McAfee scammed the community but many a times the market crashes due to Musk's tweets and that is what's wrong with the community, it is emotion driven and not think rationally.

it can be concluded that if Elon is not involved in shiba, this means that shiba is running naturally according to trading chart patterns in crypto.  because if elon comes it looks like shiba becomes a scary meme coin and a lot of people will be stuck in shiba in no time.  so i think it's better that elon is not involved san not have shiba this is good news

Official confirmation from Elon Musk is clear that he doesn't have a Shiba Inu, this makes the Shiba Inu position more trusted by the market because it doesn't need Elon Musk's figure but Shiba Inu's performance continues to skyrocket, and today Shiba has gone up more than 20% so I'm sure it will soon to be in the top 10.

It is a fact that has happened to Dogecoin and will happen to Shiba Inu, but investors who are always wise in thinking will always release the Shiba Inu early when their profit target has been achieved, because they also know that coins like the Shiba Inu are not coins that worth keeping for a long time.

Exactly Elon's negative  tweet reply has not effective for Shiba Inu, after his reply has a small dump on Shiba Inu price but betweens of some hours it has recover.       

Shiba's pump and dump also had an effect on Elon Must's tweet. This new pump is due to the shiba inu listing on the coinbase, and the price continues to rise.. Robinhood is currently eyeing the shiba inu, the holders are waiting and for sure they will make pump higher than now.
check this petition
https://www.change.org/p/robinhood-convince-robinhood-they-will-prosper-if-they-list-shiba-inu-coin

Elon Musk never told that he owns SHIB and only SHIB-pumpers tried to convince users that he is interested in this project. among all meme coins Musk prefers DOGE and only DOGE.

Who cares, man, as what he stores in his wallet is his business, not us!  ;D
He might have bought some and pretending to not own any, but he might as well don't care about SHIB and have "none" of it.
Despite of Elon's antics, I think SHIB has good marketer behind it as it gets listed on big exchanges easily.

As far as I know the increase in Shib is due to community hype and it is a meme coin that has been hyped in the short term. I do not deny that some memes will thrive in the future for example. like Doge basically all coins can go up and down in this volatile market but if want to make safe profit and less risk i think we should invest to buy BTC , ETH or BNB . this is just some of my advice whether you buy it or not is your decision. ;D ;D ;D

I think the SHIBA investors or even the development team itself can't blame Elon Musk, because it's not his idea to talk about it. Elon he really owns Doge and in the future, there may be another Doge pump. I think the value of Doge will increase sharply and by the end of the year. Because of Elon Musk, he owns some Doge coins and is going to have new tweets about Doge I guess.

my opinion will not affect the price ,I know shiba is a token meme but I also know this community much more than I thought ,meme tokens listed on major exchanges are a rarity investors also are eyeing the coin at a low price who think more smart that inu might end up in a high price like doge

He's a very smart person when it comes to choosing and also very smart when it comes to business, so it's clear he's opting for a good and durable product over a new product whose durability he still doubts, so Musk has made the right move. even though it's only limited to choosing meme coins

I don't believe Elon :)
he often makes statements that are really crazy and have impacted crypto a lot. Advice for everyone to redirect their attention to other things in the market and not be too concerned with Elon's actions and thoughts. Then one day you will understand how it is to cheat on the people you think are important, I believe in the positive and good things I experience more than what they tell me.

Off course, always he playing a bad game with memecoin, sometime he said that he is a Shib holder but now he said that he isn’t a holder of Shib inu, on the past he played same game with Bitcoin. 

This is one of the prime example why we shouldn't trust what Elon said, it is almost looks like he's just playing and making speculations out of the blue just like what he did on Shiba Inu and bitcoin recently to create an impact on the token or coin. People nowadays are relying and betting on Elon Musk about making a hype.
Currently, Shiba Inu is down by 1.83% few hours after his tweet.

Elon Musk brings back Shiba Inu to Earth - Dogecoin is the only meme token he's betting on
Source: https://www.google.com/amp/s/www.businessinsider.in/cryptocurrency/news/elon-musk-brings-shiba-inu-back-to-earth-dogecoin-is-the-only-meme-token-hes-betting-on/amp_articleshow/87252833.cms

Elon Musk doesn't own SHIBA simply because the coin is full of sh*t. It's all about hype without providing real use cases to the mainstream world. The same can be said about Dogecoin, although this old cryptocurrency has its own blockchain network with strong community support. Remember, "not all that glitters is gold". There are thousands of cryptocurrencies striving to reach the top, but only a few are well worth the investment. SHIBA is not one of them, simply because it lacks active development and innovation. Not to mention, there are many coins in circulation on the market right now. The bigger the supply, the less valuable the asset in question will be. In crypto land, anything's possible so I wouldn't be surprised if someday Elon Musk change's his mind about SHIBA. Just my thoughts ;D

This is just an eye opener for investors who get carried away by unnecessary hype that hovers around the crypto business. Elon musk's has influence over any coin he chooses to hype but trading with caution because for cons and tokens that is promoted by a market influencer would someday crash because more investment options would definitely come and and some would be left behind

if that's true that he's not part of shiba and he didn't even buy some coins from the projects itself, for sure he's now scratching his head because shib really breaking all the resistance now and still number one gainer in the market.. It's been weeks actually since shib make a good performance this month, i hope elon musk is ok right now.. Lol because you know just imagine what amount of profits he can get from such meme coin in just short period of time.  :D

Of course you shouldn't trust what a CEO of several big corporations should have to say when it comes down to anything related to money.
He is only in it for himself and only cares what amounts are lining his coffers.
If it bankrupts other people with a single tweet or message about his companies stock to make them plunge down the abyss,
he does not nor will not care in the long run.

This has been proven time and time again with this guy and his tweets to his millions of millions of followers who dwell on his every word.

It does not matter if Elon has Shiba Inu or not because Shiba Inu does not depend on Elon and work with what Elon says. Shiba Inu has their own community and will work hard to reach its goals with or without Elon. But if Shiba is one of the shitcoin, then Shiba will not survive in the crypto market, and their community will leave the project, and the team will also leave the project.

It is very positive site of Shiba Inu coin's that they have own community and their community is very active and for this reason, after Elon's negative reply its prices stil pump and They always try to hide more zero from his Current price.

Hey jump calm down and take a deep breath. It's Elon Musk we're talking about here, isn't it? That dude can legit barge into twitter tomorrow and tell the world he has a beautiful bag of Shiba Inu sitting in his Coinbase account. It's not untenable. Remember his debacle with bitcoin and how it panned out

believe it or not his role is like that especially for meme coins.
we don't know what the reason was when he said he didn't have a shiba, whether he really didn't have one or if he just pretended to make this coin a dump.
apart from that we can't do anything even if we don't believe in this billionaire but his followers are huge and it won't matter if we believe or not in Elon, and he doesn't care about that.

There’s a possibility but it doesn’t matter anymore, SHIB prove that it can go up high even if there’s no support from Elon, though the influence of Elon is still high so if there’s a changes on his statements that can surely brings the SHIB on top. SHIB is very volatile, its better if you do spot trading that features because you might got liquidated when the price goes beyond your limit.

Yeah, I saw Elon Musk's tweet about SHIB and its big affect on the price too. However, maybe he did this intentionally. Maybe he wants to manipulate the price like this to be able to buy from a lower level who knows. If he starts praising SHIB, then my assumption will come true. Otherwise, it is really interesting to me also. I wonder why Elon Musk stopped backing coins like this.

Elon is an influential person in the tech business field. Besides his busy times with his dream job, he takes some time on Cryptocurrency investment. Therefore, he often tweeted about Cryptocurrency. Recently Elon tweeted that there are some coins held within his portfolio but Shiba is not mentioned. Even though Shiba is not mentioned in his portfolio. It does mean that no Shiba portfolio for his next Cryptocurrency investment. His previous tweet exposed interest in something that is similar to Shiba icon. Can be his first support before investment? In addition, the new version of Shiba system development is also an important component attracting Elon to be a part of Shiba portfolio.  

Smart in looking for loopholes to see prices will go up or come up with something new that surprises a lot of people. it became a very influential thing for everyone who had invested in it. Make something big for everyone and make Doge one of the famous tokens again.

Elon musk have replaced McAfee  as authority on shilling Cryptocurrency.  One would have thought that Elon renounce of Shiba token would have pumped the price.  I think people in Cryptocurrency are always looking for who to pump their bag! Shiba inu is already popular and it could cancel more zeros without Elon!

I cannot understand why to react to someone's statements. Here Elon Musk said something and the coin immediately collapsed. Why invest in something that will collapse from someone's joke. Elon Musk has already become a well-known joker in our country. No responsibility, only dividends are received. This is life, one can only dream about it. It would be interesting to see what happens if he jokes about Bitcoin.

"Elon Musk has revealed that he has bought Bitcoin, Ether and Dogecoin, before adding that he doesn’t own any Shiba Inu tokens – which instantly plunged the price by 15%." So this has already made an effect on SHIB's price, but also Dogecoin, it has climbed about 10%!

You've said it yourself. Elon Musk is only on crypto not because he believes in the technology, but rather to make a lot of money out of it. It's no wonder why he constantly shills a shitcoin like Dogecoin on Twitter. I wouldn't be surprised if he decides to do the same with SHIBA in the not-so-distant future. People are foolish enough to follow one man, when crypto is all about decentralization. They'll regret themselves dearly once Elon Musk makes the market go down the drain with his tweets. I wouldn't care much if Elon Musk owns SHIBA, since the coin doesn't provide real use cases to the mainstream world. It's a shitcoin just like the rest of the other "meme" coins trading on the market right now. Only cryptocurrencies with serious use cases will thrive in the long run. I'd advise anyone to stop following Elon Musk and just make decisions based on research. Just my thoughts ;D

I don't know why you guys go and check if Elon has a SHIB or not,  It's kind of disrespecting the holders.
The Crypto project goes this far because it is community-driven, the Crypto community has something more powerful than Elon.
And we all know we're not here because of Elon.

The fact that Elon doesn't have Shiba doesn't mean the project won't survive without him. After all, It's not possible for someone to have it all. He might have had a negative effect on the price when he uttered the statement but Shiba will bounce back as its gradually taking the step of becoming something way more better and useful to the community than just being a meme.

The Shiba Inu was an interesting experiment and created quite a stir in the crypto community.
Although there is a ShibaSwap exchange in the works, SHIB is just a meme token,
there is no use case for the SHIB token, nor is there any technical support.
And I don't invest too much in meme tokens because it's too risky

 If I was a billionare the last thing that I would do is put any money in SHIB. I don't see how this is too much of a surprise.

Lol, look at this tweet though,

https://i.imgur.com/0aQD4NA.png

https://twitter.com/Tree_of_Alpha/status/1456332297393872899

So it seems that he is going to accept it as mode of payment for his Tesla and now creating more hype for him and Shiba of course. My scenario is very close though,  ;D

Even there are still some rumors about few things which are not clear, but Elon Musk is doing some good tricks with this all crypto community and having some good advantage due to his well reputation. Shiba hype is still running very badly even price drop very quickly but still too many newbies are having some good profit and can lose more than this all because no one can guide them about this all hype which can collapse.

Shiba doesn't provide real use cases to the mainstream world. It's just a meme coin which is having nothing with crypto world, it's relaying in this crypto world just as shit coin.

The Shiba still have a lot of supporters and have a good team that still develop the project, if they can find more use of the Shiba or if some company starts accepting Shiba I think it will pump more. In regards with Elon Musk, we shouldn't be surprise that he doesn't own Shiba since he supports Doge it's like supporting your enemy and he is really focusing on improving Dogecoin.

Shiba inu is a parody of dogecoin but i think this meme coin is way better than dogecoin itself. And to think that Elon does not owned it, its definitely a good thing as its less likely to have the same future with dogecoin.

However, considering that they started as meme coins would not be a good option to invest in Shiba inu because its future is still very uncertain. It might be very profitable at this moment, but who knows if a heavy price correction will soon to hit the market, its value will not recover anymore. So investing in Shiba inu needs to be more cautious as its only good for nothing in the end. I suggest to focus more on solid coins like bitcoin and ethereum as they have brighter future than Shiba inu.

people like Elon Musk have a huge influence in the community, he doesn't even care about the future of SHIBA, his goal, he just creates hype for whatever coin he wants!!. for example, If he cares about a currency, of course he holds or has more SHIB. Elon Musk is not one of the developers of the SHIBA INU project. He also said he didn't have a SHIBA INU in his wallet. I believe this with what ELON MUSK said. just watch after he put it like that, the price of shiba decreased a bit. this is what I mean ELON MUSK has a big influence in the Crypto community

On the twitter elone musk said that he have no shiba inu in his wallet . So we can believe him. He is a very effective person on crypto market . A tweet of elone musk can effect on the any crypto for hype. 

The community is full of stupid people if they only trust Elon to dictate their future.

If they really believe that this coin will make a difference in the future, then they should still trust it even if Elon would say that he didn't own this coin. The problem is, they keep trusting Elon despite knowing that he loves to shill a worthless coin just to hype it to make himself enjoy the profit of it. They will learn the hard way, I'm sure with that as sooner or later, Shiba would dump just like other coins who only rise due to hype.

Elon and Shiba are opposites. Many say shiba is a competitor to the doge and maybe that's what makes elon not interested in shiba. Obviously Elon tweet had a very strong impact on him not owning a shiba. Shiba is a coin that has a large community and projects that are still in the development stage. This is a good capital for shiba to create a wider market value.