Elon Sends Shib to the Pound

It’s a tale as old as time itself, CEO of Tesla Elon Musk is tweeting a crypto coin into oblivion, but this time it isn’t Doge. After having garnered much scrutiny for his tweets about the doggy coin back in April of this year, he is back at it again, as he has picked a side in the crypto dog coin war. 

Responding to a tweet from a Shib holder asking “Hey @elonmusk How Much $Shib You Are Holding!!”  the self-pronounced “Doge-Father” tweeted “None” 

The coin quickly saw a mountain of sale offs leading to a 20% plummet in price, just after reaching an all-time high of $0.000044, which was brought by a 500% rally since the beginning of October. 

Elon hasn’t been in the crypto headlines for quite some time so he probably missed us writing scathing headlines, I don’t have much to hate as I to own no Shib. I do still hold my stance that he should not be able to do this, affect a coin’s price at will that is, but this is just how it is for now, and until there is any change just remember to DYOR, before investing in anything