thecryptobasic.com
A recent post from Elon Musk depicting his dogs in celebration of St. Patrick’s Day has received a response from a Shiba Inu ecosystem official in a push toward visibility.
St. Patrick’s Day, a commemoration of the Patron saint of Ireland, Saint Patrick, came up on March 17 this year, as is customary. Several influential figures took to social media to celebrate the cultural and religious holiday, one of whom was Elon Musk, CTO at X and CEO of Tesla.
Musk’s celebratory post showcased his trio of canines adorned in green attire reminiscent of St. Patrick’s Day.
Among them was Floki the Shiba Inu, prompting engagement from dog-themed cryptocurrency projects as they sought the billionaire’s attention for increased visibility.
Shiba Inu Content Specialist’s Response
One notable response came from Lucie, a content specialist affiliated with the Shiba Inu ecosystem team. Diverging from the rest, Lucie’s contribution showcased a festive display from the Shib Army and the Shibarium ecosystem, extending warm St. Patrick’s Day greetings to everyone.
Happy St.Patrick from $SHIB pic.twitter.com/LYivDRjjcE
— 𝐋𝐔𝐂𝐈𝐄 | SHIB.IO 🧜🏼♀️ (@LucieSHIB) March 17, 2024
While the message could have gone elsewhere, Lucie chose to strategically place it under Elon Musk’s post for obvious reasons that bordered on the chances of increased visibility. The post, which is more susceptible to attracting Musk’s attention, has now amassed over 27.6K views in less than 24 hours.
Musk’s Market Influence
Elon Musk is widely known for his occasional remarks on cryptocurrency projects, with most of his comments triggering positive market reactions. Last week, Musk hinted at the prospect of allowing Dogecoin (DOGE) payments for Tesla vehicles while at Tesla’s Giga factory in Berlin.
The Tesla Chief chimed in the “Dogecoin to the Moon” mantra while speaking, triggering an impressive run in the price of Dogecoin. DOGE eventually rallied 13% from a low of $0.1657 to a high of $0.1880 as it sought to leverage the bullish comments for a push toward $0.20.
Most recently, Musk playfully noted that he would purchase a cryptocurrency associated with American entrepreneur and angel investor Jason Calacanis, as the renowned author posted a disclaimer dissociating himself from any crypto projects using his name.
Ok fine, I will buy ur coin
— Elon Musk (@elonmusk) March 17, 2024
Shortly after Elon Musk’s reply to Calacanis, a Solana-based meme coin with the ticker JASON bearing Calacanis’ likeness skyrocketed in value, presenting massive gains to its holders. An investor disclosed that he made nearly $100,000 within a short timeframe holding the token.
These cases of positive price reactions have contributed to the growing competition for Elon Musk’s attention, as a comment from the billionaire could positively impact the market. Meanwhile, Shiba Inu is already on a path to recovery from the recent drop, currently changing hands at $0.00002858.