Bitcoin Forum

Is Musk the boss behind SHIB? Is there an advantage within the future? I am hopeful that SHIB's execution is as great as DOGE Smiley Can somebody clarify, thank you

I've heard that Elon only holds BTC and DOGE. So there's no way Elon is the person behind Shiba.

It's not the boss behind shib. I never heard he was talking about this token. he was complaining about doge coin maintenance on binance but he never mentions shiba inu and i do believe he was not even holding a few pennies worth of shiba tokens. that would never happen.

There is an advantage in the future but none knows about this caused by that's a speculation. Shiba has been doing so good by climbing from nothing to something and will you expect more from there? i guess people will but we didn't know what will be happening with shiba inu for sure. It may be dumped but it can go up again.
Elon has no relationship with shiba inu and he was only supporting bitcoin and doge coin. I guess that's just another rumour about he was a part of shiba.

Not sure how you come up with this idea, he goes to public that he has bitcoin and doge, which he shills a lot. But I haven't heard him saying that he has SHIB too, and maybe investors think otherwise, that's why they try to correlate his name with SHIB and then the huge pump. Again, this is just a meme coin so it's going to be pump and then followed by a huge dump so we need to be very careful when investing on a hype coin, just saying.

no, but he was one of the people who did the shillings for this coin. lots of tweets about the shiba inu a few months ago that got this coin pumped. he is also the important person who created the hype coinmeme. I don't think he's stupid enough to be one of the people on the shiba inu team, because it's very dangerous for his company. see how the USA government is very strict with crypto. It doesn't make sense for the world's richest person to be part of a crypto project team.

Nope, but I guess he did support Shiba Inu just like how he did with Dogecoin, he's not holding any of these memecoins but he wants to make some progress for some of the memecoins in the market, SHIB was at least one of the many coins that he gave exposure.

I think this topic was already talked about already a few weeks ago? Correct me if I'm wrong.

Maybe Elon Musk is on the bandwagon, but saying he is behind the project and the boss? (interpretation, manipulating the price behind,  ;D), I doubt it. Elon is a busy man already so I don't think he has still schedule to really put this project into secrecy and push the price and pump it hard.

And I'm not sure why everything is being putting a relationship to Elon Musk. I know that he is a such a influencer, but it doesn't mean he will be on every project that is similar to Doge.

I guess not, and there's no proof that I can find to know that he's behind the Shiba Inu or even Dogecoin. But certainly he's into it and invested in both SHIB and DOGE coins. I know what you're thinking, but EM is just using his fame and status in-order to manipulate the market into his own good and benefit just like the Floki Inu issue.
Basically, I keep away from these coins and maintain a safe distance to ensure my funds and avoid losses, it's better to play it safe.

I think this is just an issue. no one knows if Elon musk is behind the team but I'm pretty sure he's not the boss of SHIBA

Shiba and Dogecoin are meme tokens and he once explained that he supports meme tokens because he likes jokes

What made you think that Elon Musk might be behind Shiba Inu? Something must have happened for you to ask that question and I will like you to share it with us.
So many Meme coins are out there and some of them are directly using Elon musk's name but it doesn't mean that Musk has anything to do with the project.
Regarding the future of Shiba Inu, your guess is as good as mine. Though there is a road map but the team remain anonymous so anything is possible.

I know that Elon Mush doesn't invest in shiba inu, so he is not a promoter of this coin. It pumped only because dogecoin pumped and shiba inu claimed that it was going to overtake DOGE. I don't think that Shiba inu is a good investment for future as not have a real utility, it is supported only by hype that can't last for long periods of time so it will end one day.

It's not him who behind shib, i guess you can talk with shib community about this. They know about the developer of shiba inu and he doesn't even related to elon musk. Shib created by a new developer that was so lucky to get into the hype at the right time he was issuing shiba inu. It has mentioned by elon musk and it was getting massive demand. That's rumout was not true and you should ignore any rumour if elon was behind the doge coin. Elon never stated if he was having a connection with shiba inu. I think that you should have updated with the latest news about elon. he was only actively talking about doge coin.
i rarely seen elon was discussing about shiba inu on his tweet. I don't know that correctly but what i was saying seems true story at this moment.
He has also explained that in the past if he was not even holding a single shiba token on his wallet.

SHIB is a new meme token and it is not shilled by Elon Musk. Last two years, I never seen Elon Musk's tweets to shill Shiba Inu. He makes many tweets about Dogecoin and even plan to make a Space mission with Dogecoin as payment method. Nothing he has done with Shiba Inu. It's big difference and you are probably right, Elon Musk and his team are not backing Shiba Inu.

They can buy Shiba Inu because they are professional and where can help them earn profit, they can join. None of us can prevent them to do so. We are all free with our decisions to invest or stay outside of games.

Shiba Inu is just an another memecoin that is just getting hyped and famous these days because of EM like the Floki Inu now.
Regardless, Shiba Inu's value is still growing rapidly and in-fact its going to the moon despite Elon's tweet that he doesn't have any coin or investment in SHIB. So, perhaps it will literally overtake its competitor, another memecoin namely DOGE.
Ryoshi is planning something to make the transaction cost to near zero in the next blockchain, so maybe this will give SHIB a big break.

No.

Shiba Inu's run to the top is likely done already. Those who have taken profits were already gone and shipped to another pump and dump token that they are looking at.

If you're in the middle and you haven't ROI it, better to cut your losses and go into another altcoin that you think is good. But the best idea is to buy bitcoin on this dip.

Your information is a little inaccurate, since Musk himself, when asked by one of the Shiba subscribers if he holds this coin, replied that he no longer has any coins besides bitcoin, ethereum and doge. By the way, after such a response, the price of the shiba coin decreased by 10%.

There's no article that supports this and Musk does not have a tweet about Shib so I don't think he is behind this token and maybe people behind of bag holders of this token wants you to believe that Musk is behind this project, of all the meme coin in the market he only supports Dogecoin but if he is going to add more coins to support he'll probably add coins with real usages like Binance or Tron.

Musk is not behind Shib nor is he behind Doge, although the big increase in Dogecoin earlier this year was also influenced by Musk, who however has not been in Dogecoin that long and has never been in Shiba Inu either.

Most probably not. If he is the one pushing all these advertisements on SHIB and leaving behind dogecoin, we should have known by now. But currently there isn't anything that could point to Elon's' involvement on Shib as a successful coin. He's just shilling doge and seeing how much could he direct his followers into doing what he said, and lo and behold he can control them very easily, and without even trying, too, so long as it involves money that he does not directly have.

Why think of that? Even if so, what's the advantage?

Don't know why you guys are hoping too much on SHIB. Right now, you guys are associating it with Elon. It means you are hoping that someone will boost the price of SHIB because of the likes of Elon. That's not good since if Elon will do that, it's clear the SHIB is manipulated. Holders who only hold a bit out of the given whole supply won't be able to keep up with the phase.

When there is a crypto that skyrockets it will often be associated with Elon Musk, I think this is a narrow mind because without Elon Musk the market is already huge, especially the direct confirmation from Elon Musk on twitter that he doesn't have Shiba and this makes me optimistic that what happened to Shiba is a natural growth of market demand.

As far as I know, Elon Musk only holds bitcoin, ethereum and Doge. as for Shiba, I think it's supported by other companies. however, many people think or think that Elon Musk has a Shiba Inu because that could be a new hype. however, as far as I know, Elon Musk is not holding Shiba.

I believe that Shiba can be big as it is now because of the big money support from millionaires and maybe Elon Musk is behind Shib, when he made a tweet that denied this a lot of negative comments were more convinced that he was behind Shib, the most important thing from Shib is to realize it immediately road map because when Shib skyrocketed, the team only focused on social media.

IIRC, it's about his dog, a Shiba Inu, which is a coincidence with everything that's happening. I think we can never really know what the fact is whether he has involvement with it or not, but it's best if you can take advantage of it and if you believe in those altcoins.

Elon Musk likes Doge because it has been created as a joke, and if you can get behind that, it's a coin that is an underdog type. A lot of people necessarily look at it differently.

A few days ago Elon Musk confirmed by a tweet that he is not holding any SHIB. For this tweet, Shib coin dumped a lot. Actually, no one knows about this, maybe he is holding maybe not. But if anyone wants to buy Shib I suggest buying this coin for the long run and waiting 4-5 years. If luck favors, This coin price also can pump a lot. But there is a huge chance of losing money. Elon likes Doge a lot and most of the time he makes tweets regarding this coin. But not yet bought any doge, because I strongly believe this coin price is overvalued.

No one knows. I don’t think Elon Boy owns any Shiba Inu coin as he only has BTC and DOGE. Plus, Shiba Inu is under the Ethereum network so gas fees are kinda troubling us nowadays. Unless he admits it on Twitter, then okay.

many give the answer that Elon is only focused on btc and doge. then the question is of course shiba has a big investor behind it, and who it is, where no one has given a clear statement. moreover shiba is experiencing fantastic pumping, and many think that shiba might replace doge

So what do you see now ? whether Dogecoin has been replaced by Shiba Inu where he is already in the top 12 rankings while Dogecoin is still very strong in the top 10 cryptocurrency rankings.

I don't think musk is the boss behind Shiba inu, in fact I'm yet to know the boss of Shiba. Though, I learnt that musk was one of the influencers of the project and has contributed to the project popularity. Shiba inu is a meme coin like dogecoin and people seem to have a soft spot for meme coin due to the experience we had with dogecoin.

Elon is a big internet troll so I wouldn't be surprised if he was the mastermind behind shib. Maybe he was jealous of the success of dogecoin so he wanted to create his own version. I feel like he has a god complex so creating his own memecoin and be the satoshi of that universe might have looked appealing to Elon. Since nobody can really prove if he really created it or not, that would please him even more. Like a hero behind the curtains. Or maybe he just promotes coins like Shiba because why not...

I don't think SHIB and Elon Musk have anything to do with SHIB ownership, the increase in shiba last month may just be Elon Musk's personal tweets and the presence of the pope and the shib army community which are so many reasons why there are more shib holders now and to compare SHIB with DOGE in the future I don't think it's possible in the future, it will take about a few years and the market can't predict whether the Hype of this SHIB Token will be stable or it could fall

nothing is impossible for Elon to be the boss or supplier of big capital to increase the trend of crypto tokens, whether it's meme tokens other than doge like shiba who have similarities in the logo it can also be..
.but in my view Elon also has a big impact on raising the prestige of shiba after the doge is at its highest...

Sorry but to correct you, Elon said he only holds bitcoin, Ethereum and dogecoin....

And to answer the op, Elon musk is clearly not the boss of Shiba, and in as much as the community backing this token is so great, am not part of it cus Shib is nothing but a shitcoin, and I honestly don't think it will still be around in the next 5 years to come, so if you hold Shib you bought very cheap which means you are in good profit now, sell them and invest the money in a good and legit project, but if you bought late and probably in loss and not so tangible profit, then I guess you have no choice but to continue to hodl and hope it moons so you can profit.

I believe there is a no hand behind Elon Musk about shiba inu Or doge coin.I definitely believe that he has invested in both and so it is a fact that he is often talked about by the media. But it does not prove that he is the boss of shiba.  Siba and doge Coins are both meme coins. Earlier he said that he supports meme coins.

Elon musk isn't the boss of any alt-coins, don't be gullible to any project that goes about to even put Elon musk's name on their project this are all to capture gullible investors, and by my thoughts they are mostly scams, Elon musk only threw in his billionaire/business mogul, risk taker Influnce for Dogecoin and as I would say times without number that Shiba Inu or most memecoins benefited and some are still benefiting from it.

It is funny to see people thinking that Elon would be anything but shy about something like this :D I mean we are talking about elon musk here, that dude would be willing to spend whatever his free time is right now to fully explain why he is the mastermind behind shiba and keep talking about how he is the greatest crypto person in the entire world.

You have to understand by now that this dude loves attention and if there is something that could get him some attention then he will do that for sure. He went on SNL and acted as "dogefather" to everyone who watches like he is somehow the creator of doge when he was just 7 years later to the party. So I am sorry but he is not behind it, he is not even remotely related to it.

I don't know if Elon Musk is in full or partly in control of Shib coin, and to be honest, in crypto one can decide to keep something anonymous and there is no way to actually find out about it, thus even if I personally do not think Elon is the "boss" behind the shib token, there is actually no way to be 100% sure.

Having said that, I don't know if your question is regarding your desire to invest in shib, but mind you that it should not shape or form your decision, if you want to invest in shib, it should be after you must have done your own research and come to the conclusion that shib is a good investment. Mind you that more often than not, if a popular individual owns a greater percentage of a coin that the other investors put together then it could be counterproductive cause such person can cause a huge dump in the network by just selling all of their coins, so invest wisely and out of your own research.

Yeah lets put up some link in regards to that.

https://cryptopotato.com/elon-musk-says-he-doesnt-own-shiba-inu-tokens-enraging-shib-hodlers/
https://cointelegraph.com/news/shib-plummets-20-as-elon-musk-reveals-he-owns-none

He neither involves or not then its sad for those who are get caught with the dump.

Dogefather's nickname for what he would do to the doge by bringing it into coins grew bigger. What makes me weird is that every coin meme is always authenticated with Elon. Indeed he is a public figure, but in crypto this person not long ago. A dogefather is behind the shiba inu, I doubt it.

Whoever the whales behind shib, we can't point them out to reveal themselves to us and only just speculations provides us answers same from previous all these conspiracy theories kept lingers on our minds. Musk's popularity regarding his wealth and being prominent isn't impossible that he's one of the biggest investor of Shib as well as doge. Right now it seem these coins had been silent since the last time it rose, but I am very confident it will gain back it's momentum when altcoins glory will be back again.

Definitely not, just look through Elon Mask’s page in Twitter. He mention there that he owns Doges, BTC, ETH but had never invested in Shiba Inu. Google also wrote about this:  https://www.cnbctv18.com/cryptocurrency/shiba-inu-doesnt-need-elon-musk-anymore-to-go-to-moon-heres-why-11289172.htm . However this fact didn't prevent Shiba Inu to get into top-15 at Coinmarketcap.

We can't blame them dude, and besides these people are willing to loss their shiba Inu if ever their belief is wrong.
Just like me, I hold SHIBA as well for believing that in the near future it could give a nice earnings and besides just like them
I am willing to loss my capital for this matter.

I agree with you. Elon Mush Shiva Inu is just a media. Because the doge coin has pumped and Shiva Inu's team management has done so much publicity on social media, everyone thinks that Shiva Inu will be a good investment for the future. But it can never surpass DOGE. I think you need to think more before investing in Shiva Inu.

Any new meme coin will never be the same as Dogecoin and also will never be able to surpass Dogecoin because Dogecoin also has a large community and fans so Dogecoin is also able to maintain itself very well in the crypto space in a very good position.

Any coin will never be the same as any coin. Yes that right! But no one is sure about what will happen and so it's hard to say it will never surpass dogecoin. It's a big illiteracy to decide shiba will never be more than dogecoin specially now they are very much the same in terms of marketcap. And in terms of community, I don't think they are very much different. Therefore, for me, there are still chances that shiba can be more than doge even without musk being on its side unlike doge. 

For sure for now Elon Musk only holds bitcoin and dogecoin so we can't be sure that elon musk is behind the current shiba inu, but last month elon musk was once associated with shiba which will be made like dogecoin today, but this news can not be fully trusted because the development of shiba is currently declining again, And we just wait for next year will this one meme coin can happen like Dogecoin.

The elone musk is very known to the crypto currency market . And his one tweet is very effective on any crypto. Ut i didn't hear any where that elone musk launch his own coin so, i can say that no SHIB is not MUSK coin .and he is not the boss behind the MUSK.

Everyone will say that when there is a coin that skyrockets it is associated with Elon Musk, I think this is a wrong thought because the world's millionaire who invests in crypto is not only Elon Musk, he even officially says he doesn't have a SHIB. The huge market potential makes anyone interested in investing in crypto.

From the news I heard. SHIB deals with vital personal projects. In that news, SHIB developments involve ethereum developers as well. So far, there is no definitive news that elon musk is also the developer of SHIB. But it could be. Elon Musk always surprises in the cryptocurrency world.

Are you going to invest if he is and you are hopeful that what happened to Doge will happen to SHIB which is getting a huge pump, unfortunately, there's no hint or no mention that Musk is being SHIB or even supporting this new meme coin, he only supports Dogecoin, obviously you want to buy or invest more on SHIB in the hope that it will be pump not because of it's a platform or what it offers to the community.

Many people think that Shiba's performance is skyrocketing as it is now because of Elon musk's role, on twitter he already replied that he doesn't have Shib, I think a good performance from shib because this project is promising, soon they will launch an nft game that will make Shib great again .

No , there is no musk behind the shib . i do sone research and i got that elone musk did not own shib he says that in tweet that he have no own shib. So we can say that musk is not behind the shib.

Elon Musk was not become boss if Shib coin because Shiba inu coin created August 2020 by the group of people called Ryoshi. The reason why people think that Musk become part of Shiba development is because He posted images of his Shiba Inu puppy multiple times in the past which has led to an increase in the price of Shiba Inu coin.

It should be recognized that Shiba, which has no support from Elon Musk, has rapidly burst into leading positions in the Coinmarketcap rating. This coin is the most noticeable in the meme coin market and is second only to Doge, which has long had a very large community. It should be noted that the Shiba developer is working on creating its own blockchain, which will entail the creation of its own ecosystem.

I never heard and see article about that, but he will if he want it, Elon is the memecoins pumper, like what he did on Doge lately, with his tweet he can make new ATH in one night.
SHIB is doing well without Elon, and i think he know it and dont want to disturb its popularity like now.

He is not affiliated nor part of shib chilling team. He once asked by the shib team if he hold Shib but he answered with a no. By that time, Shib was down by 20% which caused panicked to its investors. Nonetheless, Shib is much greater than Doge in terms of usage. It is now a defi token unlike doge who remains as a memecoin.

For now, he has confirmed that he doesn't have a SHIB, but social media is always active saying that what makes a big SHIB like it is now is Elon Musk, transactions of hundreds of millions in a short time can only be done by world-class millionaires like Elon Musk.

He has answered that on both Twitter platform and if I can recall very well, he said it in a Webinar that he doesn't hold any Shiba and not affiliated with any Shiba tokens. He said he is a fan of Bitcoin that was bought some months ago under Space X management, holder of Ethereum and also holder of the most popular meme token, dodge.
If you are looking to make money from meme tokens, it's better you resist the temptation right now. :o :o