Shiba Inu crypto price plummets 27% after Elon Musk says he holds none

SpaceX and Tesla CEO Elon Musk says he holds no Shiba Inu, with the Dogecoin enthusiast tweeting pushing Shiba Inu down 27%

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The price of Dogecoin cryptocurrency competitor Shiba Inu has only skyrocketed for the last couple of weeks, but now Elon Musk pulled the price of Shiba Inu down by 27% with a single tweet.

Musk was asked by @ShibaInuHodler on Twitter if he had any Shiba Inu himself, to which Musk simply tweeted back "none" and the price of Shiba Inu started to drop. $shib dropped from $0.000004484 to around $0.00003823 at the time of writing -- but the price of Shiba Inu dipped right down into $0.00003472 after Musk's tweet.

I mean sure, Shiba Inu has dropped post-tweet from Musk but the crypto is up a freaking insane amount over the last few weeks, months, and year. Shiba Inu is still at beyond all-time-high price, after skyrocketing from $0.000006905 in May 2021 to $0.00003823 at the time of writing -- a 35,000,000% increase.

There are some Shiba Inu holders that aren't happy with Musk's tweet, that's for sure.

Shiba Inu crypto price plummets 27% after Elon Musk says he holds none 01
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Anthony joined the TweakTown team in 2010 and has since reviewed 100s of graphics cards. Anthony is a long time PC enthusiast with a passion of hate for games built around consoles. FPS gaming since the pre-Quake days, where you were insulted if you used a mouse to aim, he has been addicted to gaming and hardware ever since. Working in IT retail for 10 years gave him great experience with custom-built PCs. His addiction to GPU tech is unwavering and has recently taken a keen interest in artificial intelligence (AI) hardware.

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