Elon Musk ’s cryptic tweet has sparked another rally for theShiba Inu cryptocurrency.- The crypto community, however, is divided over which Shiba-based cryptocurrency was on Musk’s mind.
- One set of investors believes that his tweet may not have had anything to do with the dog breed but more to do with rabbits or bunnies.
This is the $4 this month that a tweet by Musk has preceded a rally in Shiba Inu or the SHIB token.
But, Shiba isn’t the only one to see gains on the heels of Musk’s cryptic tweet. Other meme coins — knockoffs of the original
Bunny coins are hopping along as well
Many believe that Musk’s ambiguous tweet isn’t a reference to Dogecoin or Shiba Inu or even a dog. Instead, they’re betting on it to be a rabbit.
The likes of Bunny Park, Little Angry Bunny V2, Rewards Bunny and others were seen gaining value, according to Coinmarketcap. Even on $4, there was an increase of interest in the keywords ‘rocket bunny’, ‘
Musk’s message remains open to interpretation — whether it’s about Shiba Inu coins, Dogecoin, or bunny-related cryptocurrencies.
Love him or hate him, the Tesla and SpaceX founder still has considerable influence over the cryptomarkets after helping Dogecoin break into the mainstream a couple of years ago.