Quote from: lizarder on December 16, 2021, 08:37:45 PM

Quote from: Solanawish85585 on November 26, 2021, 07:22:18 AM

I found a news that the Shiba Inu commuity is not happy with Elon Musk. $SHIB crashed after Musk revealed he didn’t own it and only had BTC, ETH and DOGE. Elon Musk has a Shiba Inu puppy at home. Elon Musk has joked about Shiba Inu, but Elon Musk doesn’t hodl Shiba Inu.

Replying to one of the many Shiba Inu accounts on Crypto Twitter, the famous Elon Musk confirmed that he didn’t own Shiba Inu, despite being a highly influential figure for that community.

I think this will have an effect with the Shiba price but not a big effect because Shiba is still at 0.000042$ at price even if Elon musk revealed he doesn't own Shiba what was your thoughts on this folks?

This means that it is proven that the influencer has an influence on this problem, although not so much, the community that is built is not based on evidence, so when this incident continues, the coin will decline, the effect on price decline is certain, because after all, influencer speculation will determine the day. this, moreover he ever made it on dogecoin.

that's because many people do believe in and follow Influencer. although I'm not sure Elon owns Shiba as an investment asset. but followers love Elon's positive tweets and that makes market adoption increase. and vice versa, when the market dumps. it is the community itself that plays into these meme assets.