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?
Elon Musk didn't reveal that he did not possess the SHIBA INU token, only answered the question of whether he had any. This meme coin had never anything with Elon Musk. After all, this meme coin was made only because Elon bought a dog of that breed. Now, all those who have invested in Shiba Inu should think hard about what they really did with their money.
I doubt it, if they earned money they are not going to think about how lucky they were that was the case, instead they are going to think of themselves as great investors and look for the next great thing, that is how those people think and they are never going to learn their lesson until they lose all their money, and even then there is a great deal of people that despite losing all their capital do not learn and will invest in those coins again as soon as they have some extra capital available.