{"id":357532,"date":"2021-10-25T07:49:39","date_gmt":"2021-10-25T04:49:39","guid":{"rendered":"https:\/\/en.buradabiliyorum.com\/shib-plummets-20-as-elon-musk-reveals-he-owns-none\/"},"modified":"2021-10-25T07:49:39","modified_gmt":"2021-10-25T04:49:39","slug":"shib-plummets-20-as-elon-musk-reveals-he-owns-none","status":"publish","type":"post","link":"https:\/\/buradabiliyorum.com\/en\/shib-plummets-20-as-elon-musk-reveals-he-owns-none\/","title":{"rendered":"# SHIB plummets 20% as Elon Musk reveals he owns none"},"content":{"rendered":"<p>&#8220;<strong># SHIB plummets 20% as Elon Musk reveals he owns none <\/strong>&#8221;<br \/>\n<img decoding=\"async\" src=\"https:\/\/images.cointelegraph.com\/images\/840_aHR0cHM6Ly9zMy5jb2ludGVsZWdyYXBoLmNvbS91cGxvYWRzLzIwMjEtMTAvNDg2YWNlY2QtZDNhMy00YmI5LThjZjYtNjQ2Nzc2NTgyNmFkLmpwZw==.jpg\" \/><\/p>\n<div class=\"post-content\" data-v-128018ef>Shiba Inu (SHIB), the recently surging Dogecoin-inspired ERC-20, suffered a 20% retracement in two hours as Tesla founder and hypothetical Doge CEO Elon Musk announced to <a href=\"https:\/\/buradabiliyorum.com\/en\/category\/social-mediaa\/\" data-internallinksmanager029f6b8e52c=\"1\" title=\"Social Media\" target=\"_blank\" rel=\"noopener\">Twitter<\/a> that he doesn&#8217;t hold any Shiba Inu tokens.<\/p>\n<p>The retracement came after SHIB surged past its previous all-time high to tag a local top of $0.000044 on Oct. 24 following a more than 500% rally since the start of October.<\/p>\n<p>Amid the token\u2019s bullish price action, Twitter user \u201cShibaInuHodler\u201d asked Musk how much Shib he was holding, to which Musk responded: \u201cNone.\u201d<\/p>\n<blockquote class=\"twitter-tweet\">\n<p lang=\"en\" dir=\"ltr\">Hey <a rel=\"nofollow noopener\" target=\"_blank\" href=\"https:\/\/twitter.com\/elonmusk?ref_src=twsrc%5Etfw\">@elonmusk<\/a> How Much <a rel=\"nofollow noopener\" target=\"_blank\" href=\"https:\/\/twitter.com\/search?q=%24Shib&amp;src=ctag&amp;ref_src=twsrc%5Etfw\">$Shib<\/a> You Are Holding!!<\/p>\n<p>\u2014 Shiba Inu (@ShibaInuHodler) <a rel=\"nofollow noopener\" target=\"_blank\" href=\"https:\/\/twitter.com\/ShibaInuHodler\/status\/1452313323261861891?ref_src=twsrc%5Etfw\">October 24, 2021<\/a><\/p><\/blockquote>\n<p><script async src=\"https:\/\/platform.twitter.com\/widgets.js\" charset=\"utf-8\"><\/script>While SHIB sellers had already stepped in to take profits at the token\u2019s local all-time high, SHIB would quickly lose a further 10% to trade for $0.000035 within roughly half an hour of Musk\u2019s reply. SHIB has since oscillated between $0.000035 and $0.00004.<\/p>\n<p>Reactions to Musk\u2019s comments from SHIB investors have been varied, with ShibaInuHodler suggesting Musk should invest in some Shiba Inu tokens.<\/p>\n<p>Others criticized ShibaInuHodler for engaging Musk, with \u201cShibalaskan\u201d imploring them to \u201cplz stop pestering celebrities when the community is doing fine without this sort of foolishness.\u201d<\/p>\n<blockquote class=\"twitter-tweet\">\n<p lang=\"en\" dir=\"ltr\">I&#8217;d delete my Twitter acc or change the name at least after this brutal response from <a rel=\"nofollow noopener\" target=\"_blank\" href=\"https:\/\/twitter.com\/elonmusk?ref_src=twsrc%5Etfw\">@elonmusk<\/a><\/p>\n<p>\u2014 Crypto Sheriff ( Team #VRA ) (@Eddie202021) <a rel=\"nofollow noopener\" target=\"_blank\" href=\"https:\/\/twitter.com\/Eddie202021\/status\/1452437326781616131?ref_src=twsrc%5Etfw\">October 25, 2021<\/a><\/p><\/blockquote>\n<p><script async src=\"https:\/\/platform.twitter.com\/widgets.js\" charset=\"utf-8\"><\/script><\/p>\n<p><strong><em>Related: <\/em><\/strong><strong><em>Dogecoin loses 70% against Bitcoin during 6 months of celebrity DOGE endorsements<\/em><\/strong><\/p>\n<p>The dog token drama comes as Musk has returned to Twitter to espouse the virtues of Dogecoin.<\/p>\n<p>On Oct. 24, the SpaceX founder <a rel=\"nofollow noopener\" target=\"_blank\" href=\"https:\/\/twitter.com\/elonmusk\/status\/1452348126753349640\">tweeted<\/a>: \u201cLots of people I talked to on the production lines at Tesla or building rockets at SpaceX own Doge. They aren\u2019t financial experts or Silicon Valley technologists. That\u2019s why I decided to support Doge \u2013 it felt like the people\u2019s crypto.\u201d<\/p>\n<p><template data-name=\"subscription_form\" data-type=\"markets_outlook\"><\/template><\/div>\n<blockquote><p><strong><span style=\"color: #ff6600;\">If you liked the article, do not forget to share it with your friends. Follow us on\u00a0<span style=\"color: #ff0000;\"><a style=\"color: #ff0000;\" href=\"https:\/\/news.google.com\/publications\/CAAqBwgKMLG0nwswvr63Aw\" target=\"_blank\" rel=\"nofollow noopener noreferrer\">Google News<\/a><\/span>\u00a0too, click on the star and choose us from your favorites.<\/span><\/strong><\/p><\/blockquote>\n<blockquote>\n<p style=\"text-align: center;\">For forums sites go to <span style=\"color: #ff9900;\"><a style=\"color: #ff9900;\" href=\"https:\/\/forum.buradabiliyorum.com\/\" target=\"_blank\" rel=\"noopener\">Forum.BuradaBiliyorum.Com<\/a><\/span><\/strong>\n<\/p><\/blockquote>\n<blockquote>\n<p style=\"text-align: center;\"><strong>If you want to read more <a href=\"https:\/\/buradabiliyorum.com\/en\/category\/news\/\" data-internallinksmanager029f6b8e52c=\"2\" title=\"News\" target=\"_blank\" rel=\"noopener\">News<\/a> articles, you can visit our <span style=\"color: #ff9900;\"><a style=\"color: #ff9900;\" href=\"https:\/\/en.buradabiliyorum.com\/general\/\" target=\"_blank\" rel=\"noopener\">General category.<\/a><\/span><\/strong><\/p>\n<\/blockquote>\n<p><span style=\"color: black;\"><a style=\"color: #ff9900;\" href=\"https:\/\/cointelegraph.com\/news\/shib-plummets-20-as-elon-musk-reveals-he-owns-none\" target=\"_blank\" rel=\"noopener\">Source<\/a><\/span><\/p>\n","protected":false},"excerpt":{"rendered":"<p>&#8220;# SHIB plummets 20% as Elon Musk reveals he owns none &#8221; Shiba Inu (SHIB), the recently surging Dogecoin-inspired ERC-20, suffered a 20% retracement in two hours as Tesla founder and hypothetical Doge CEO Elon Musk announced to Twitter that he doesn&#8217;t hold any Shiba Inu tokens. The retracement came after SHIB surged past its&#8230;<\/p>\n","protected":false},"author":1,"featured_media":357533,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"fifu_image_url":"https:\/\/images.cointelegraph.com\/images\/1200_aHR0cHM6Ly9zMy5jb2ludGVsZWdyYXBoLmNvbS91cGxvYWRzLzIwMjEtMTAvNDg2YWNlY2QtZDNhMy00YmI5LThjZjYtNjQ2Nzc2NTgyNmFkLmpwZw==.jpg","fifu_image_alt":"","footnotes":""},"categories":[1],"tags":[74867,39394],"class_list":["post-357532","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-general","tag-altcoin","tag-elon-musk"],"_links":{"self":[{"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/posts\/357532","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/comments?post=357532"}],"version-history":[{"count":0,"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/posts\/357532\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/media\/357533"}],"wp:attachment":[{"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/media?parent=357532"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/categories?post=357532"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/tags?post=357532"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}