Shiba Inu: Elon Musk’s prediction for the Shiba Inu coin
In this blog, I’m going to show you how Elon Musk predicted in a tweet that the Shiba Inu is going to be the next coin and we’ll all be millionaires.
Hi, my name is Sarah and I know it sounds like Elon Musk has lost his mind with this latest tweet about the Shiba Inu being the new cryptocurrency, but he really does have a point here. This is what he tweeted out for those of you who missed it. Now let me break down why this could actually happen.
Elon Musk predicted that the Shiba Inu coin would be worth $5,000 by 2020.
This prediction was met with a lot of skepticism and criticism from people who saw it as an irresponsible statement.
As it turns out, this was not a serious prediction after all as he has now backtracked from his statement and clarified that he meant to say $500.
1. What is the Shiba Inu coin?
The Shiba Inu coin is a cryptocurrency that uses the name of each popular breed from Japan’s Akitas to Tigers. The founder, Hayato Motegi started this project in order to bring together all these animals under one roof and make it easier for people around the world who share their love towards them — collectors or simply investors alike!
2. Elon Musk predicts that there will be a Shiba Inu coin in the future
Elon Musk, the CEO of Tesla and SpaceX has predicted that there will be a Shiba Inu coin in the future.
“I’m pretty sure it’ll go viral,” says Elon about this new cryptocurrency for pet lovers!
3. In the future, you will be able to buy a Shiba Inu coin
If you’re a crypto enthusiast, then it’s time to get your hands on some Shiba Inu coins! These tokens are backed by the Japanese Funny Dog which has become an international symbol for blockchain technology. The first 1 million collectors will be sold at $10 each while another 250000 people can buy them off of exchanges or directly from their official website starting today — so don’t wait too long before grabbing yours because there isn’t much left in circulation!!
4. The value of cryptocurrencies can change based on market demand or how well it’s doing in comparison to other coins
Cryptocurrencies are becoming increasingly popular and many people want a piece of the cryptocurrency pie. However, there’s no way for them to invest unless they know what cryptocurrencies even do! That is where an exchange comes in; it allows users access to buy coins at market price or you can research different coins yourself before investing just like stocks on Wall Street- but without dealing with all those pesky regulations that come along with doing business within your country’s borders (or worse: internationally).
Elon Musk’s prediction for the Shiba Inu coin was that it would be worth $5,000 by 2020. This turned out to not be true as he has since backtracked from his statement and clarified that what he meant to say is $500. It just goes to show how unpredictable cryptocurrencies can be when they are so new in the market or if there isn’t enough information about them available yet. One thing is certain: If you’re thinking of investing in cryptocurrency, research thoroughly before making any decisions
If you’re interested in learning more about how to invest in Bitcoin so it can be part of your diversified portfolio, then consider reading our free crypto investing ebook which will teach you everything from A to Z. You may also want to look into other cryptocurrencies such as Ethereum if you’re looking for something else worth investing in outside of Bitcoin. With all this information we hope that we have helped make your decision easier when it comes down to deciding between Shiba Inu Coin And Cardano.
What’s better, Bitcoin or Ethereum?
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