Elon doesn't own Shiba?

[Solanawish85585]

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?

[CryptoWebDirectory]

This news is a bit old.. That tweet was like 2 weeks ago or something. Anyways the token dipped a little after the tweet but quickly recovered and continued to reach its high before falling. I don't think that news was all that important, though. Elon said in the same tweet he holds just three cryptos: BTC, ETH and DOGE. It's not like DOGE skyrocketed back up to $0.74 when he tweeted that. Elon's influence in crypto isn't as big as it once was.. At least, that's my opinion.

[kidbounty]

First, keep in mind that there is always a hidden purpose in what he does. yesterday he was shilling and now he says he doesn't have it. do you believe in this? I do not think so. it was very clear what he was doing now. he tried to take down the shiba inu for profit. it's like when he says bitcoin mining is bad, but the truth is he still holds bitcoin and crypto. So don't believe what he says.

[Digital_Lord]

Yes Elon has no Shiba, he just holding Bitcoin,Etherium and Doge. He is very bulish for Doge . some days ago he asked CZ Binance ,why their are problem in Doge wallet which clearly Identify that he is still promoting Doge.
One think to remember ,All he ia doing is for just own profit.

[crzy]

First, keep in mind that there is always a hidden purpose in what he does. yesterday he was shilling and now he says he doesn't have it. do you believe in this? I do not think so. it was very clear what he was doing now. he tried to take down the shiba inu for profit. it's like when he says bitcoin mining is bad, but the truth is he still holds bitcoin and crypto. So don't believe what he says.

Elon is just creating HYPE and FUD, I don’t know why many are still believing on this guy after all. Anyway, SHIB corrections was meant to happen after its creating a peak now its price is quite more stable, the person to blame here are those who just buy SHIB without making any analysis and started to panic for a small and big drop, SHIB is still good though just know how to timing it.

[aseprebel]

He only has BTC, ETH and DOGE, It seems that Elon Musk prefers original memes over copies. it's clear now that the Shiba Inu Community wasn't happy with Elon Musk when SHIB crashed shortly after revealing he didn't own the coin.

[JeffBrad12]

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?

The impact caused by that clarification already happened and it created a short-term dump to the market. I think that so many shiba holders are die-hard hodlers. They will not care about any bad news anymore as the shiba inu was so big and any bad tweet can give only a small or at least short term impact from shiba inu. The exposure and community of shiba inu were too big. that will be so difficult to create FUD to the shiba inu as the shiba soldiers will always be preventing it.
It's not a problem if elon didn't have shiba as it's his own choice. The only problem is some people in shiba community were creating their own theory if elon has been holding some shiba and they didn't even believe with what already clarrified by elon musk on shiba inu's tweet. Shiba inu gets very big right now due to the elon musk that mentioned shiba in the past but i thought that if some people were missing the point and they were thinking if that's for shiba inu

[DapanasFruit]

I don't understand why nobody thought of gifting Elon Musk some SHIB before so that when asked if he is holding the said meme token he would be saying YES! The man is just honest and I don't think the Shiba Inu community should be blaming him as it is not the responsibility of Elon to make anybody's coin go up by commenting all praises with it. Unfortunately, when your value and cause of pumps is centered on one man who is so remotely unconnected to the project  there will be a time of reckoning!

[gwdf1]

Elon Musk does not invest in SHIBA INU. Despite the fact that Elon Musk often posts photos of Shiba Inu dogs on his Twitter, he stated that does not own SHIB tokens. One of the supporters of the Shiba Inu cryptocurrency asked Musk "how much SHIB he holds." "Not at all," replied the head of Tesla. Because of this news the price of meme cryptocurrency has fallen by more than 20%. Elon Musk also denied the statements of the Dogecoin Foundation about the involvement of the head of his family investment firm, Jared Birchall, in it.
Nevertheless, Shiba Inu has recovered after it as shiba inu has built its loyal community.

[noah tall]

Yes it is true , ELONE MUSK doesn't have own shiba. In the tweet he says that he has not owned shiba.
So this is the he is not the boss behind the shib. Elone musk is the very known person to crypto market .and his tweet is so effective for crypto market.

[Doell]

you and the public should not trust what people/ as Elon rich people say ,must master the analysis and don't put it invest in meme coins if the positive trend is no longer valid ,actually the increase in shiba is not because of Elon but because Vitalik who we know as the founder of ethereum and also the increase is supported by coinbase ! Just That's it

[Swordsoffreedom]

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 kind of question is very ridiculous. who cares about Elon Musk now? Previously Elon made FOMO with dogecoin, a useless meme token that has no fundamental background. Investors who invested in dogecoin are now on the road. In the same way, Shiba Inu shitcoin is another bullshit, Elon Musk creates FOMO and pumps these shitcoins overnight, and after then ran away with people's money, so why would he hold this shitcoin!

[Wysi]

Elon's magic is a thing of past and it doesn't affect crypto anymore as he tries to change the tide his way like if he wants to buy he will make some negative tweet about bitcoin or that particular coins and fill his coffers and then tweet positively about the coin when he want to sell off, Shiba Inu is no exception and we should stop taking his tweets seriously.

[DeathAngel]

Musk is one of the most intelligent people in the world but he’s also a bit of a troll online & he really enjoys himself at other peoples expense maybe. He’s not an idiot so he won’t be buying an alt with such a huge supply any time soon.

[Kezacky]

yes elonmusk only has btc assets, doge, ethereum and shiba are just hype assets to attract market sensation or its community. but it was evident after Elonmusk's tweet about shiba increased sharply. And finally Elonmusk announced that he doesn't have Shiba. very disappointing to the community. lucky for me to have dumped shiba when it was ATH. 

[jeungo]

There are two theories, the first is that a coin was created in his words, and to his words they actually created it, christening a person that supports it. The second is that at the very initial stage he owned a large number of coins, but as soon as he withdrew money, or converted them at a favorable rate, he moved away from the coin so that they would try to attract him to it.

[Insomnia family]

if talking about meme coins, then we can compare doge coins and shiba coins. of course shiba has a very large supply of coins compared to doge. so it is very unlikely that Elonmusk keeps shiba, as far as i know shiba is just hype coins and nothing more.
and I think BTC has become the main asset priority that Elonmusk has. moreover he owns a Tesla company and he also accepts payments via BTC.

[bigjuk]

He only has BTC, ETH and DOGE, It seems that Elon Musk prefers original memes over copies. it's clear now that the Shiba Inu Community wasn't happy with Elon Musk when SHIB crashed shortly after revealing he didn't own the coin.

That is a very decent thing for Elon Musk to say to the public so that everyone can be very aware of it, not later when a new meme coin is directly linked to Elon Musk, even though in general the big pump can also happen through the large community of a token or coins

[dunfida]

if talking about meme coins, then we can compare doge coins and shiba coins. of course shiba has a very large supply of coins compared to doge. so it is very unlikely that Elonmusk keeps shiba, as far as i know shiba is just hype coins and nothing more.
and I think BTC has become the main asset priority that Elonmusk has. moreover he owns a Tesla company and he also accepts payments via BTC.

Yeah it did stop because of that environmental issues.
https://www.cnbc.com/2021/05/12/elon-musk-says-tesla-will-stop-accepting-bitcoin-for-car-purchases.html

but it did reconsider it again.
https://www.theguardian.com/technology/2021/jul/22/tesla-likely-to-start-accepting-bitcoin-as-payment-again-says-elon-musk

As for Elon asking if he owns SHIB then how we would able to know? He doesnt necessarily tell the public on which coins he had been accumulating and holding.

[the ghabbar]

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?

I'm still surprised by people, still relying on other people's speculations in making investment choices, the shiba inu can't be compared to dogecoin, both of them have quite a difference in any aspect, I think Elon Musk's connection to shiba inu is not as big as doge coin at that time , even today if we examine the shiba inu in the market, there is no good sign of its future development, both the selling price and the buying price.
It's a good idea to shift our focus to other coins that have good prospects in the future, rather than being stuck on unclear coins like the shiba inu.