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?
Well, we don't know what's in the mind of Elon Musk of why He said that, remember that He is a smart person and famous Influencer, He cannot achieved this if He is not an intelligent guy. It could be the reason is why He mentioned that things, it might be He knows a lot of the community will get disappointed where a lot of the holders will sell their holdings and if that happens, Elon might possible to buy a huge amount of SHIB when the price value get dump in the market.