Elon doesn't own Shiba?

[Abiky]

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?

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

[dbc23]

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

[Ararbermas]

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?

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. 

[rdbase]

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?

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

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.

[maydna]

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.

[airdata]

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.

[Jaered]

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

[izsara]

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.

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.

[Johnyz]

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

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.

[ziyaaa]

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.

[David.Jack]

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?

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.  

[muarip]

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.

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

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.

[bamb]

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!

[Galley]

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.

[Swapzone_pr]

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?

"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%!

[Abiky]

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.

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

[koang]

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.

[Bollexz1]

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.

[koang]

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

[TheKernel]

 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.