Good News for Shiba Inu: Elon Musk’s SHIB Move!

Businessman Elon Musk, the founder of SpaceX and Tesla, made an important announcement for the Shiba Inu. Accordingly, the businessman, who dreams of taking people to Mars, has released an original work called “Burnt Hair”. According to the information obtained, the work is under The Boring Company, a tunnel construction attempt. It can also be purchased with SHIB.

Elon Musk launches a perfume

Elon Musk says he is now officially a “Perfume Dealer”. The famous businessman updated his Twitter bio as “Perfume Dealer”. Subsequently, she described the scent of her “Burnt Hair” perfume as “the most pleasant scent in the world”. Currently, this new fragrance is featured on The Boring Company’s website. In addition, people can purchase Burnt Hair for $100 from a special page on this website. After this mid-launch, perfume sales have officially exploded. 10,000 bottles were sold in just a few hours. That means 1 million dollars.

Good news from Musk to Shiba Inu (SHIB) investors

In this middle, Elon Musk’s perfume named “Burnt Hair” is associated with the well-known chest token Shiba Inu. Musk announced some good news for SHIB investors. Accordingly, the perfume, which is on sale under the Boring Company, can be purchased via BitPay with SHIB payment. Musk’s making it possible to purchase artifacts with SHIB was greeted with enthusiasm in the community. As we reported, Elon Musk is a die-hard fan of the dog-themed chest token Dogecoin (DOGE). In fact, according to Musk, Dogecoin is “people’s currency”. But now the billionaire is stepping up for the Shiba Inu. From this, such token holders can get “Burnt Hair” with SHIB. Boring Company’s website page is integrated with BitPay, the world’s leading crypto payment service provider. BitPay already supports 15 cryptocurrencies, including SHIB.

Will Musk’s breakthrough affect the SHIB price?

Although users can purchase the perfume with a Shiba Inu payment, this is unlikely to affect the SHIB price. Because Musk did not make a special announcement about SHIB. Users can purchase perfumes with SHIB payment via BitPay. But this also applies to DOGE and other cryptocurrencies BitPay supports. In addition, users can pay directly with debit cards without cryptocurrencies.

So Musk’s breakthrough is not a special case for SHIB. As a result, it seems unlikely that the SHIB price will change due to this event, no matter how much the community is delighted. At the time of writing, the Shiba Inu has dropped 1.14% in the last 24 hours. The chest coin is currently sustaining its price action around $0.00001024.

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