Shiba inu coin elon musk - If You Invested $100 In Shiba Inu When Elon Musk Said He Didn't Own Any, Here's How Much You Would Have Now
After his initial deal failed, Musk sought out additional financing.
Analysts at the Kraken exchange said in a note on Wednesday that such a trend could soon take off again.
Experts have said that a can be expected soon to cool off.
Shiba Inu coin: How did Elon Musk help boost SHIB by over 350%?
Shiba Inu Stays in the Spotlight Thanks to Elon Musk's Twitter Purchase
Yet the token has beaten the rest of the market handsomely, with analysts pointing to Musk's tweet as a catalyst.
The Only Cryptocurrencies Elon Musk Owns
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Dogecoin Musk has practically become the public face of Dogecoin -20.
This meme coin enjoys the help of an active fanbase online which holds its value back from collapsing even if the market sentiment as a whole is suffering a setback.
SpaceX founder Elon Musk recently tweeted about his dog, saying, “My Shiba Inu will be named Floki.” That led to a rise in the Shib Inu coin market, as single Shib coins surged by 25% in the hours afterward, leading to a six-week high for the coin, according to Yahoo Finance. Is Elon Musk a Dogecoin fan?
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