Elon Musk Showcases Crypto Portfolio, Shiba Inu Coins Drop

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Tesla CEO Elon Musk dismantled the crypto portfolio that has made many people curious. Finally, Musk revealed that he bought Bitcoin, Ether, and Dogecoin.

Meanwhile, the Shiba Inu, which recently skyrocketed in price, was never bought by Musk.

As a result, the price of Shiba Inu tokens immediately dropped in price by up to 15%!

Launching Yahoo Finance in Jakarta, Wednesday (27/10/21), an account called SlumDoge Millionaire opened the results of the Benzinga crypto survey.

In the survey, it was found that almost 33% of US cryptocurrency investors have Dogecoin in their portfolio.

After that, Musk also commented and successfully slashed the price of the Shiba Inu coin from the all-time high price reached on Sunday.

This Japanese hunting dog image token has increased by more than 400% in the last 30 days to become the 11th largest by value.

Meanwhile, Dogecoin has gained about 10% in the last 24 hours, according to CoinGecko. Musk said many of his employees on the production line at Tesla or at SpaceX own Dogecoin.

Musk points out that these people are not Silicon Valley financiers or technologists. But instead, it increasingly believes that Doge is the “crypto of the people.”

However, Musk has said that he has nothing to do with the nonprofit Dogecoin Foundation.

He said neither he, nor his partner Jared Birchall, are on the foundation’s advisory board, which works to promote crypto through patents, advocacy, and trademark protection.

Elon Musk Shows Off His Crypto Portfolio, It Turns Out. The Fate of the Shiba Inu Coin Immediately Dropped!

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