In an interview with CNBC in May 2018, business magnate and technology entrepreneur Elon Musk revealed that he is a fan of Shiba Inus, describing them as “superior” to other breeds of dogs.
Elon Musk said that Shiba Inu is “the cutest dog breed in the world.”
Does Elon Musk support Shiba Inu?
Elon Musk is not involved with Shiba Inu project in any way. According to him, the only cryptocurrencies he owns are BTC, ETH and DOGE, and he has explicitly stated in the past that he does not own any SHIB tokens.
Musk’s dog, Floki, has inspired a crypto currency called Floki that has a market capitalization of more than $290 million. The dog, not the coin, is behind the recent memecoin surge.
Has Elon said anything about Shiba Inu
It is clear from Elon Musk’s response that he does not own any SHIB tokens. This is significant because Musk has been a big supporter of Dogecoin (DOGE), which is similar to SHIB in many ways. It’s possible that Musk’s lack of ownership in SHIB is due to his focus on DOGE, which he has been more vocal about.
This is a note on the topic of investing in cryptocurrencies.
However, he later revealed that he does not own Shiba Inu and has only invested in three cryptocurrencies.
This is interesting to note, as it shows that even someone who is seemingly knowledgeable about cryptocurrencies can still make bad investment decisions.
Can I use Shiba Inu to buy a Tesla?
This is a great way to get a Tesla! You can now exchange your Shiba Inu, Lamborghini, or other major luxury vehicle for a Tesla Model S Plaid. This is a great way to get your hands on the latest and greatest Tesla!
The Shiba Inu is a Japanese breed of dog that has been gaining popularity in recent years. Due to its small size and cute appearance, the Shiba Inu has become a popular pet among dog lovers.
The Shiba Inu is a relatively new breed of dog, so there is not a lot of historical data to go off of when predicting its future price. However, based on the current trend of increasing popularity, it is expected that the Shiba Inu will continue to grow in popularity in the coming years.
As the demand for Shiba Inus increases, so will the price. Based on current trends, it is expected that the price of a Shiba Inu will continue to increase in the next few years, with the average price reaching around $182382 by 2023.
What coin does Elon Musk support?
Musk’s support for meme coins like Dogecoin and Shiba Inu has prompted new cryptocurrencies like HUH Token to offer him their tokens for support. So, how has the self-proclaimed ‘Dogefather’ influenced meme coins in the crypto market?
The Shiba Inu coin will not reach $1 due to its large supply. There are a total of 1 quadrillion tokens in circulation, and the current circulating supply is about 550 trillion tokens. This means that there is not enough demand for the coin to reach $1.
Who holds most Shiba Inu coin
The former Ripple (XRP) whale now owns the highest number of SHIB tokens in the world. On July 5, 2022, the whale transferred his/her XRP holdings to SHIB worth $211 million. This is a huge amount of money and it is not clear why the whale decided to do this.
Elon Musk’s tweets have had a profound impact on the market price of Shiba Inu coins. In a recent tweet, he stated that in order to be a millionaire, you need 3 million Shiba Inu coins. This has caused the price of the coin to soar to new heights. It is amazing to see the power that one person can have on the market.
What will happen if Shiba Inu goes to Robinhood?
If history is any guide, the recent Robinhood announcement could be relatively short-lived. The meme-based digital token would need to skyrocket roughly 3,900% to reach $00001.
The Carolina Hurricanes NHL team are one of the latests professional sports organizations to embrace crypto Shop their pro shop and use SHIB to buy your Canes gear. Additional pro teams that accept SHIB include The Sacramento Kings (NBA) and Dallas Mavericks (NBA).
Will Robinhood accept Shiba
This is great news for Shiba Inu lovers and crypto enthusiasts alike! Robinhood, one of the most popular investing platforms, has finally accepted Shiba Inu for trading. This is giving the price of the crypto a nice boost. So if you’re looking to get into the Shiba Inu game, now is a great time!
Shiba Inu is a cryptocurrency that was created as a parody of Dogecoin. It has gained a lot of popularity recently, and its price has been increasing steadily. Some analysts believe that it has the potential to reach $0.00001 by 2022. However, it is important to remember that the cryptocurrency market is highly volatile and predictions are never 100% accurate.
Will SHIB hit a penny?
It would be extremely difficult for Shiba Inu to reach a price of $001. Even during SHIB’s all-time high in October 2021, when the token was trading at $00000881, SHIB would have needed to increase in price by 113x to hit a price of $001.
If Shiba Inu pulls a similar move to what it did in 2021, it could easily trade at $1 by the end of 2022. However, taking a more conservative approach to the price of SHIB, 2030 seems like the earliest it can trade at $1. This is because SHIB still needs to increase in value and recognition before it can realistically be traded at $1.
Final Words
In a tweet, Elon Musk said that Shiba Inu is his favorite cryptocurrency and that he thinks it has a bright future.
In an interview, Elon Musk said that he likes Shiba Inus because they are “independent, but also good companions.” He also said that he thinks Shiba Inus are “cute and fun to watch.”
