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In a surprising turn of events, Elon Musk, the CEO of Tesla and owner of Twitter, directly mentioned Shiba Inu for the first time in two years, stirring up speculation tldr; A 'live' video titled 'Elon Musk: We expect $0.50 per Shiba Inu in the end of October! SHIBA Capital News' on YouTube has generated thousands of views with YouTube also playing two In the volatile world of meme coins, one question has always intrigued the community: Does Elon Musk, the tech billionaire and meme “master,” secretly own Shiba Inu Elon Musk has not commented anything about Shiba Inu, let alone saying it would touch $0.1 and the video is fake. Unfortunately, the fake video was not carried out by As reported by The Crypto Basic, the development comes days after Shiba Inu’s lead developer Shytoshi Kusama invited Musk to attend the Blockchain Futuristic However, the question remains: Does Musk hold Shiba Inu (SHIB) tokens, or is this another case of speculative frenzy within the meme coin ecosystem? From Dogecoin to Elon Musk does not appear to be involved with the Shiba Inu project in any way. According to him, the only cryptocurrencies he owns are BTC, ETH and DOGE, and he

Did Elon Musk Really Attend a Shiba Inu Live Event? Here's the Truth

In the volatile world of meme coins, one question has always intrigued the community: Does Elon Musk, the tech billionaire and meme “master,” secretly own Shiba Inu? The short answer is no. Elon Musk does not appear to be involved with the Shiba Inu project in any way. According to him, the only cryptocurrencies he owns are BTC, ETH and DOGE, and he has repeatedly stated this.

Recently, there's been a surge in misleading information circulating online, specifically regarding Elon Musk's supposed involvement with Shiba Inu. A 'live' video titled 'Elon Musk: We expect $0.50 per Shiba Inu in the end of October! SHIBA Capital News' on YouTube has generated thousands of views with YouTube also playing two. This video, along with similar claims, are completely fabricated. Elon Musk has not commented anything about Shiba Inu, let alone saying it would touch $0.1 and the video is fake. Unfortunately, the fake video was not carried out by reputable sources.

The Truth Behind the Rumors

Why does this rumor keep popping up? The answer lies in Musk's historical influence on the cryptocurrency market, particularly with Dogecoin. His tweets and pronouncements have often led to significant price fluctuations. Consequently, the Shiba Inu community often hopes for a similar endorsement. In a surprising turn of events, Elon Musk, the CEO of Tesla and owner of Twitter, directly mentioned Shiba Inu for the first time in two years, stirring up speculation. tldr; However, this mention was fleeting and did not indicate any active involvement or investment in the project.

Shytoshi Kusama's Invitation and Musk's Absence

As reported by The Crypto Basic, the development comes days after Shiba Inu’s lead developer Shytoshi Kusama invited Musk to attend the Blockchain Futuristic conference. However, Musk did not attend, further suggesting a lack of direct involvement. This invitation fueled speculation but ultimately remained unanswered.

The Bottom Line: Musk and Shiba Inu

However, the question remains: Does Musk hold Shiba Inu (SHIB) tokens, or is this another case of speculative frenzy within the meme coin ecosystem? All evidence points to no. From Dogecoin to personal statements, everything suggests that Elon Musk does not own or actively promote Shiba Inu. Be wary of online videos and articles claiming otherwise; they are most likely misinformation designed to capitalize on the meme coin hype.

In Conclusion

Don't fall for clickbait. The truth is clear: Elon Musk's involvement with Shiba Inu is purely speculative and unsubstantiated. Always verify information from reputable sources before making investment decisions.

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