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Shiba Inu falls two spots after Elon Musk’s response to a tweet

Elon Musk’s soft confession on Twitter resulted in the topple of the Dogecoin aka Shiba Inu – Know more

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Updated: Oct 25, 2021, 11: 22 PM IST

Everybody seems to be very attentive to Elon Musk‘s devour for tweeting and trolling his opponents on the microblogging platform, Twitter. Extra not too lengthy ago, he has been tweeting about cryptocurrencies fancy Bitcoin and Shiba Inu. 

His tweets on Bitcoin made the cryptocurrency mountainous fashioned amongst the loads that resulted in an enlarge in its price. The forex furthermore was once made faithful in many countries changing real money. Are you able to’re thinking that regarding the associated price of Elon Musk’s tweet?

Now, On October 24, Musk went ahead and answered an easy set a question to on Twitter regarding the Shiba Inu that surprisingly made it lose its price.

On Monday, the Shiba Inu was once gaining by 50% and was once when it comes to to turn out to be the 11th greatest cryptocurrency on this planet unless a Shiba Inu Twitter story made the error of asking Elon Musk about what number of SHIB tokens he owned and his reply was once rather more soft since he has been promoting the cryptocurrency all along. He mentioned, “None.”

Since Musk’s tweet, the Shiba Inu has moved to the 13th place and with a tag of $0.00038 at 12: 30 p.m. Indian Usual Time (IST) on October 25, the meme coin was once down by 1.83 p.c from a day earlier. 

The Shiba Inu is furthermore in most cases known because the ‘Dogecoin Killer’ and objectives to interchange the Ethereum-primarily based fully Doge token. 

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Kunal Guha

Director, Founder and Editor in Chief
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