Shiba Inu Is Surging Despite Elon Musk Setback

October 25, 2021

Shiba Inu (SHIB), the Dogecoin spin-off, has seen a massive price surge this weekend of more than 46% in just two days to top off its recent run that started October 17. The SHIB/USD trading pair was valued highest at $0.000044 on October 24.

Nevertheless, SHIB quickly went down once Elon Musk got involved when he was asked if he holds any Shiba Inu. Amidst the excitement Twitter user “ShibaInuHodler” asked Musk how much SHIB he has, to which the “Dogefather” responded: “None.”

At time of writing, DOGE killer SHIB is still looking strong and trading hands at $0.00003822, currently the 13th largest cryptocurrency according to CoinMarketCap, close to Dogecoin which is in 9tph place.

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Author: Peter Siu

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