Elon Musk own only Proof-of-work consensus-based assets
Elon Musk confirmed that he doesn’t own useless coins like Shiba Inu & Floki.
The whole crypto space knows about the DogeCoin, Shiba Inu & after that Floki coin. All these coins got better fame because of Elon Musk shoutout. DogeCoin got better support than any other crypto asset.
On Sunday 24 October, Elon Musk, CEO of SpaceX & Tesla, replied to one of the Shiba Inu coin holders about their holding of the Shiba Inu coin.
Shiba Inu coin holder account @ShibaInuHodler asked @ElonMusk “How much Shiba Inu Elon Musk is holding”. Then in response, Elon wrote “None”.
After that one, another person asked Elon Musk about his Floki (obviously coin). Then Elon Musk explained precisely about it. Elon wrote, ” he owns only Bitcoin, DogeCoin & Ethereum and he is holding these crypto-assets because these have an actual use in practical life”. Besides this, in the same tweet, Elon suggested to be careful about the investment in multiple crypto assets & suggested to take care about their investment in crypto by considering the risk associated”.
Through the tweets, Elon Musk confirmed that he is not interested in Shiba Inu or Floki coins except that he owns a puppy.
Shiba Inu Speculation
Elon Musk supported DogeCoin every time and never claimed that he owns Shiba in coin or Floki. But the statements of Elon Musk in favour of Shiba Inu & Floki pups made corresponding coins to achieve a better push.
In the last few days, the Shiba Inu coin got better hype from the crypto market because of the speculation of listing on the Robinhood trading platform.
Read also: Robinhood crypto platform may add Shib Inu coin
