New Delhi: The craze of cryptocurrency is still on rise and even the world’s richest person has invested in it. Tesla and SpaceX chief Elon Musk is one of the most influential personalities on earth who can turn the trends in the crypto world. Elon’s social media presence can take a token up or downside ride and keeps on throwing ints of his heartful love for crypto coins.

Recently, Elon went on to reveal that he has invested into three cryptocoins but he didn’t dislcosed how much he has invested.

Responding to a tweet by “ShibaInuHodler” over how much SHIB is he holding, Elon said, ‘Out of curiosity, I acquired some ascii hash strings called “Bitcoin, Ethereum & Doge”. That’s it. As I’ve said before, don’t bet the farm on crypto! True value is building products & providing services to your fellow human beings, not money in any form.’

Out of curiosity, I acquired some ascii hash strings called “Bitcoin, Ethereum & Doge”. That’s it.

As I’ve said before, don’t bet the farm on crypto! True value is building products & providing services to your fellow human beings, not money in any form.

— Elon Musk (@elonmusk) October 24, 2021

Shiba Inu has registered a tremendous jump in the past few days as SHIB touched $0.000044 crashing it’s previous all-time high. SHIB has seen more than 500% upward rally since October 1.

However, SHIB sellers already booked their profits as the coin crashed its all-time high. Shiba Inu went on to lose a quick 10% within the half-hour reacting to Musk’s reply.

SHIB has outperformed many potential cryptos in the market. Meme-coin has made a massive comeback with immense growth from investors.

The latest coin which surged heavily after Elon’s tweet is Floki Inu which is named after Musk’s new pet Floki

Recently Elon’s tweet gave a jump of 30% to dogecoin spinoff Floki Inu. Actually, Tesla Cheif has a dog named Floki which is a Shiba Inu breed.