Businessman Elon Musk, the founder of SpaceX and Tesla, made an important announcement for Shiba Inu. Accordingly, the businessman, who dreams of taking people to Mars, has launched a brand new product called “Burnt Hair”. According to the information obtained, the product is under The Boring Company, a tunnel construction initiative. 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”. She then described the scent of her “Burnt Hair” perfume as “the most beautiful scent in the world”. Currently, this new fragrance is featured on The Boring Company’s website. Also, people can buy Burnt Hair for $100 from a special page on this website. By the way, perfume sales exploded after the launch. 10,000 bottles were sold in just a few hours. That means 1 million dollars.
10,000 bottles of Burnt Hair sold!
— Elon Musk (@elonmusk) October 12, 2022
Good news from Musk to Shiba Inu (SHIB) investors
Meanwhile, Elon Musk’s perfume “Burnt Hair” is linked to the popular meme 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 items with SHIB was enthusiastically received in the community.
As we reported on cryptokoin.com, Elon Musk is a die-hard fan of the dog-themed meme 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 now on, token holders can buy “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 move affect 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 publish 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. Users can also pay directly with debit cards without cryptocurrencies.
So Musk’s move is not exclusive to 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 meme coin is currently sustaining its price action around $0.00001024.
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