elon musk on shiba inu , why is shiba inu going down

Is Elon Musk investing in Shiba Inu?

Elon Musk-driven Elon Musk and his tweets have a massive potential of making or breaking a cryptocurrency. Shiba Inu is fortunately on Elon Musk’s positive tweets. He even tweeted about getting a Shiba Inu dog, which gave the first major push to the SHIB token, driving it up by close to 300%.Jan 10, 2022

Will Shiba Inu coin reach $1?

Crypto investors consider that it is very unlikely for this cryptocurrency to reach the US$1 mark through all these different strategies. The main reason is that the current Shiba Inu price is US$0.000009939 (down by 37.95%) with a market cap of US$5.46 billion and a volume of US$1.66 billion.May 12, 2022

Did Elon Musk created Shiba Inu?

Shiba Inu token is down after Elon Musk said he doesn’t own any. Shiba Inu was founded in 2020 by an anonymous person going by the name Ryoshi. Elon Musk helped Shiba Inu vault up the ranks of the largest cryptocurrencies by market value by tweeting a photo of his puppy.Oct 25, 2021

Is Shiba likely to go down?

Shiba Inu is extremely volatile, and the token is down quite a bit from its peak. The rise of meme coins was led by the incredibly popular Dogecoin, and Shiba Inu Token (the breed of dogecoin’s dog mascot) is evidence. Even though Shiba Inu is down from its all-time high prices, there may be more coming in 2022.Jun 6, 2022

What is going on with Shiba coin?

The shiba inu token (SHIB) is attempting to stabilise after shedding value earlier this month, with the cryptocurrency markets plunging in response to news of the collapse of the Terra stablecoin. SHIB rocketed 21% when popular trading platform Robinhood listed the coin for trading on 12 April.May 23, 2022

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