By The Space X boss and avid DOGE supporter, Elon Musk, is back on social media to defend his pet. When the "SHIBARMY" asked Elon "how many SHIBs do you own?" the Tesla CEO replied "None." He even claims to only hold Ethereum (ETH), Bitcoin (BTC) and Dogecoin (DOGE). This caused an immediate punishment on the price of the Doge's competitor: -27%. Nevertheless, the cryptocurrency climbed back to new heights the following days. Traders eager for quick gains allowed Shiba Inu (aka the "Dogecoin killer") to dethrone its competitor in terms of market capitalization and thus enter the TOP10 cryptos. Fortunately for him, Elon Musk can pride himself on passing his canine opponent again as I write this. A possible cohabitation between the two gladiators in the arena? For the time being, the two are marking their territory and are not afraid to bark next to other big dogs.
The battle between the two mutts is being closely followed by US trading platform Robinhood. After raking in record revenues from Dogecoin in the second quarter, before it collapsed, the listing of the second pooch would be an opportunity to get back on track.
