News

Shiba Inu Surges In Price After Elon Musk’s Meme Tweet

Key Points:

Elon Musk has once again tweeted on social media with his latest meme tweet.
Shytoshi Kusama, the lead of the cryptocurrency Shiba Inu, also known as “Shytoshi,” took to social media to comment, tweeting “SHIBARMY?”

Elon Musk has once again tweeted on social media with his latest meme tweet.

On Friday, Musk shared a modified version of the popular song “The Impossible Dream” by Welsh singer and TV presenter Rhydian, changing the opening line to “To meme the impossible meme, to fight the unbeatable foe.” The tweet was directed at the artificial intelligence product ChatGPT, which Musk has previously criticized for being “woke.”

In a tweet on March 3, Musk announced his growing interest in artificial intelligence, stating that he believes ChatGPT is providing false information to users in order to avoid offending anyone. Musk co-founded OpenAI, the company behind ChatGPT, back in 2015 but left three years later due to disagreements with the other co-founders. Rumors have been circulating that Musk is seeking to hire AI experts to set up his own AI company to rival OpenAI.

Following Musk’s latest tweet, Shytoshi Kusama, the lead of the cryptocurrency Shiba Inu, also known as “Shytoshi,” took to social media to comment, tweeting “SHIBARMY?” This was seen by many as a suggestion that Musk was once again showing his support for meme cryptocurrencies, particularly Shiba Inu.

Musk has long been a vocal supporter of the original meme coin, Dogecoin, created as a joke in 2013. His love of memes has also led to creating other dog-themed coins, such as Shiba Inu, BabyDoge, and Floki Inu.

Musk’s latest tweet has once again put him in the spotlight and sparked debate about the future of artificial intelligence and meme cryptocurrencies.

DISCLAIMER: The Information on this website is provided as general market commentary and does not constitute investment advice. We encourage you to do your own research before investing.

Join us to keep track of news: https://linktr.ee/coincu

Annie

Coincu News

Annie

Championing positive change through finance, I've dedicated over eight years to sustainability and environmental journalism. My passion lies in uncovering companies that make a real difference in the world and guiding investors towards them. My expertise lies in navigating the world of sustainable investing, analyzing ESG (Environmental, Social, and Governance) criteria, and exploring the exciting field of impact investing. "Invest in a better future," I often say. That's the driving force behind my work at Coincu – to empower readers with knowledge and insights to make investment decisions that create a positive impact.