Ninjastic
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Board Altcoin Discussion
Re: Is Musk the boss behind SHIB?
by
romero121
on 04/04/2022, 23:37:24 UTC
Quote from: Xal0lex on Today at 08:08:40 PM
Quote from: andersen9009 on October 11, 2021, 12:38:42 PM
Is Musk the boss behind SHIB?
Is there an advantage in the future? I am optimistic that SHIB's performance is as good as DOGE  Smiley
Can someone explain, thank you Kiss

No, Elon Musk has nothing to do with Shiba and DOGE as well. Musk likes to PR on all sorts of hype topics or speculate on altcoins. I do not exclude the fact that he had his own investments in these projects and simply tried to influence price with his mediality to make a fast profit.

As for SHIB project itself, compared to DOGE, it looks more interesting and its ecosystem is more diverse.
Elon Musk being a businessman tried to make money out of his investments. He played the game and succeeded with his influence over the market. But we can't blame anyone, though it got into the market as a memecoin then onwards there is continued progress and more acceptance. The recent being the addition of Shiba Inu on 1800 Bitcoin ATM located around 31 States by Bank of America which is a registered entity of FinCEN.

Shiba Inu will be available in over 1800 ATMs