But now that investors are getting smarter, it seems difficult for Elon Musk to create the Shiba Inu hype, like what happened to Dogecoin in 2021.
Many investors learned from their mistakes when they were influenced by Elon Musk and bought Dogecoin at high prices.
Yep. Investors are smarter, they learned from their previous mistakes. But there is another reason why there is no hype on Shiba or Dogecoin. Elon Musk has no reason to make hype on Shiba Inu now. People have no desire to buy meme coins in the current market situation, even many of them lost money. It is not a proper time to make hype on meme coins. Elon Musk may try making again any tweet about meme coins (SHIB, DOGE, etc) once people are in a good mood to buy crypto coins. It should be in the uptrend season. Anyway, although most investors won't trust again Elon's tweets, I believe there are still some people who always follow his tweets. Elon Musk is a popular person, he can easily make people trust his tweets.
It makes sense what you say, indeed if Elon Musk wants to hype up meme coins when the bull market is the right time. Even I noticed some
shitcoins when the bull market is often hype, so it makes sense for Elon Musk to wait for the bull market to come first to create Dogecoin or
Shiba Inu hype again. It is true that Elon Musk is one of the richest and most popular people in the world. So with the money he has can make
an interesting promotion, and was able to attract the attention of many investors to follow whatever he said on Twitter.
But I believe the number of investors returning to Elon Musk will not be as many as in 2021, because quite a lot of investors like me don't trust
Elon Musk anymore. Unless Elon Musk has an effective strategy to attract new investors, it's possible that Elon Musk can create Dogecoin and
Shiba Inu hype like what happened to Dogecoin in 2021. But the problem is no one knows when the bull market will come, so for Shiba Inu holders
have to be patient waiting for Elon Musk to move to help create more hype for Shiba Inu.