Shiba Inu SHIB/USD has emerged as a powerful competitor to the meme king Dogecoin DOGE/USD.
Nonetheless, the well-known DOGE bull and Tesla Inc TSLA CEO Elon Musk made it amply clear that he doesn’t personal any SHIB.
Musk’s revelation was made on Oct. 24, 2021, in response to a Shiba Inu-oriented Twitter account asking him how a lot SHIB he was holding. On the time, Musk merely mentioned, “None.”
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The Funding: If an investor was not discouraged by Musk’s non-existent holdings of SHIB and put in $100 within the Ethereum ETH/USD-based token on the time, right here’s how a lot they’d have now — protecting in thoughts SHIB’s press time value of $0.000027.
| Date Of Buy/Itemizing | Buy Quantity | Buy Worth | Cash Obtained | Present Price | Proportion Change | |
|---|---|---|---|---|---|---|
| Oct. 24, 2021 | $100 | 0.000036 | 2777777.78 | $75 | -25% |
The investor would find yourself with a lack of 25% and the $100 can be solely price $75 at press time.
Not All Doom And Gloom: SHIB lately received a lift after Robinhood Markets Inc HOOD mentioned it had listed the token. Should you invested $100 across the first Robinhood rumor, you’d have seen a whopping 166.8% enhance.
Learn Subsequent: Jack Dorsey Leaves A ‘Query Mark’ On Robinhood’s Shiba Inu Itemizing
