Elon Musk, a strong supporter of Dogecoin (DOGE) and the founder of electronic vehicle manufacturing firm Tesla, recently told a user on Twitter that he did not own a Shiba Inu, and the meme coin lost 10% of its value.
Again, there is news that Elon Musk is in, and there is Shiba Inu in the center. I think this time the news is positive and it can have a bomb effect. With this news, Shiba Inu could shake up the cryptocurrency market again.
Allegedly, Tesla company is preparing to accept Shiba Inu (SHIB) as a payment method. As the starting point of the claim, Tesla's website is based on source code analysis. However, no official statement has yet been made from Tesla on this issue.
In February, Tesla announced that it had bought $ 1.5 billion in Bitcoin (BTC), and BTC had increased by 23% on the same day. According to many crypto experts and analysts, this event is considered the biggest factor that caused BTC to hit an all-time high in April. As a result of these rumors and claims, can we see the same effect in the Shiba Inu (SHIB)?
Shiba also managed to hit an all-time high of $0.00008850 in October, gaining more than 800%. Despite this excellent performance, Shiba Inu critics and crypto-haters are reporting disastrous news that the price of the meme coin will soon drop to zero.
However, the Shiba Inu continues to gather strength and secure its place. For example, after entering the NFT market, the NFTs called Shiboshi increased their base price to 2 ETH, which shows that the team is working actively.