Elon Musk reveals he hasn’t invested in Shiba Inu and SHIB price plummets – BeInCrypto

Elon Musk, the controversial CEO of Tesla and SpaceX has confessed that he has no investment in the cryptomoney Shiba Inu (SHIB). After these statements, the price of SHIB plummeted, having reached a new all-time high.

During the afternoon of Sunday, October 24, the CEO of Tesla was approached through social networks. After being consulted by user @ShibaInuHodler on when SHIB had, the controversial billionaire answered:


Source: Twitter

Negative impact on Shiba Inu

Although it may seem incredible (not for the participants of the crypto ecosystem), the tweet de Musk it was enough to erase the all-time high reached today by the cryptocurrency meme.

As BeInCrypto reported earlier today, the popular cryptocurrency meme Shiba Inu had reached a new ATH from 0.00004442 dollars, while it had exceeded 16.5 billion in market capitalization.

However, after the tweet of the also CEO of SpaceX, SHIB price underwent a major correction. Although it is still in green numbers, it is currently trading at $ 0.00003973, according the data de CoinMarketCap.

Source: CoinMarketCap

In recent days Elon Musk has been very active on social media regarding cryptocurrencies meme. However, unlike SHIB, The CEO of Tesla has expressed strong support for DOGE.

As BeInCrypto reported, Elon Musk he pointed who will become the first billionaire of Dogecoin all over the world, a statement that slightly boosted the price of DOGE.


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Elon Musk reveals he hasn’t invested in Shiba Inu and SHIB price plummets – BeInCrypto