“Meme-Based Digital Currency Dodgecoin Gets My Support If…”: Elon Musk

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    “Meme-Based Digital Currency Dodgecoin Gets My Assistance If …”: Elon Musk

    'Meme-Based Digital Currency Dodgecoin Gets My Support If...': Elon Musk

    If major Dogecoin holders sell most of their coins, it will get my complete support, said Elon Musk.

    Billionaire Elon Musk stated on Sunday that he supports significant holders of the meme-based digital currency dogecoin offering the majority of their coins, including that he felt excessive concentration in dogecoin was the “real issue”.

    ” If significant Dogecoin holders sell the majority of their coins, it will get my full assistance. Too much concentration is the only genuine concern imo”, Musk stated in a tweet.

    If significant Dogecoin holders offer the majority of their coins, it will get my complete support. Excessive concentration is the only real problem imo.

    — Elon Musk (@elonmusk) February 14, 2021

    A widely known advocate of cryptocurrencies, Musk has actually weighed in frequently on the recent frenzy in retail investment, increasing prices of dogecoin and shares of U.S. computer game chain GameStop.

    Musk’s electrical automobile company Tesla Inc revealed on Feb. 8 it had purchased $1.5 billion of the cryptocurrency bitcoin and would soon accept it as a type of payment for cars.

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