Musk Hints at Dogecoin Support But Says He Doesn't Own Any Shiba Inu

Elon Musk has expressed support for meme coins like Dogecoin and hinted at buying a Shiba Inu dog.
When asked directly if he owns any SHIB tokens, Musk said he owns none.
Musk has only confirmed owning Bitcoin, Ethereum, and Dogecoin, which he bought out of curiosity.
Musk advised not to bet the farm on crypto and said true value is in building products/services.
Musk tweeted that the "true value is building products & providing services to your fellow human beings, not money in any form."

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Relevant topic timeline:

8/22/2023

Ethereum Price Plunges Towards $1.8K & WSM Raises $24M: Invest In Meme Coins With The Rising Elonator Coin

Summary: Amidst the recent dip in Ethereum price, meme coins like Wall Street Memes (WSM) and Elonator (ETOR) have emerged as potential saviors, offering profit opportunities and a sense of hope to investors.

8/23/2023

Elon Musk Tells His Mother X Is A 'DOGE Friendly Place'

Tech entrepreneur Elon Musk has once again endorsed the meme cryptocurrency Dogecoin, leading to a surge in its value and fueling excitement surrounding the transformation of Twitter into "X," Musk's multifaceted service integrating social media, messaging, and financial transactions.

8/24/2023

708 Billion SHIB Withdrawn From Gemini, There's a Big Catch

A massive amount of Shiba Inu meme coins, totaling 708 billion SHIB, was withdrawn from Gemini and transferred to an anonymous wallet, suggesting a reshuffling or potential sale of holdings by the anonymous whale. Additionally, the SHIB community continues to burn millions of tokens in an effort to reduce the circulating supply and potentially increase the value of the coin.

8/25/2023

Did Elon Musk's latest move influence DOGE, SHIB, and FLOKI?

Elon Musk's recent post about Dogecoin did not have a significant impact on the value and trading volumes of DOGE, SHIB, and FLOKI, as these tokens followed regular market trends.

8/30/2023

Top 2 Cryptocurrencies To Watch in September 2023

In September 2023, two cryptocurrencies to watch out for are Dogecoin, which could spike in price if Elon Musk's platform enables cryptocurrency transactions, and Shiba Inu, which has the potential to increase in value if its network successfully burns SHIB tokens.

9/9/2023

Majority of Memecoin Holders in the Red Despite Recent Launches

Over 80% of traders who have invested in memecoins like Shiba Inu and Floki are currently experiencing losses, according to market intelligence platform IntoTheBlock. However, holders of Dogecoin and Pepe are faring better with a percentage of investors in profit.

9/14/2023

Shiba Inu, Dogecoin, ApeMax Lead Pack of Top Meme Coins to Watch in 2023

In 2023, meme coins such as Shiba Inu, Dogecoin, and ApeMax are dominating the conversation in the crypto world, with ApeMax emerging as a potential contender for the crown due to its innovative features and growing community.

10/13/2023

ChatGPT Forecasts Dogecoin Stability, Shiba Inu Decline; Bullish on New Meme Coin Meme Kombat

Meme coins Dogecoin (DOGE) and Shiba Inu (SHIB) are predicted to remain range-bound in the near term with limited upside potential, according to AI model ChatGPT. However, among the two, ChatGPT views DOGE as the safer bet due to its longer history and established user base. On the other hand, a new meme coin called Meme Kombat (MK) is generating attention and is projected to reach a value of $1.00 to $1.50 by the end of 2023, according to ChatGPT.

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Posted 9/21/2023, 3:00:36 PM