CandleFocus Shiba Inu Lead Reacts to Elon Musk Tweet, Sparking Surge to 9-Month High
2024-12-09
Author: Content Editor
Elon Musk's recent tweets referencing meme-inspired tokens, including Shiba Inu (SHIB), have caused a surge in the token's price. Musk shared an image related to Shiba Inu, and the lead developer of the Shiba Inu ecosystem, Shytoshi Kusama, acknowledged the tweet. The Shiba Inu community responded with excitement, and the price of SHIB rose to a nine-month high before experiencing a subsequent decline. While Dogecoin remains Musk's favorite, Shiba Inu benefits periodically from his subtle references.
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