If the biggest Dogecoin holders sell most of their coins, that will have my full support, said Elon Musk.
Billionaire Elon Musk said on Sunday that he supports the biggest meme-based digital currency dogecoin holders who sell most of their coins, adding that he thinks too much concentration on dogecoin is the “real problem”.
“If the biggest Dogecoin holders sell most of their coins, it will have my full support. Too much concentration is the only real problem,” said Musk in a tweet.
If the biggest Dogecoin holders sell most of their coins, that will have my full support. Too much concentration is the only real problem for me.
– Elon Musk (@elonmusk) February 14, 2021
A well-known supporter of cryptocurrencies, Musk regularly assesses the recent retail investment frenzy, driving up dogecoin and stock prices on the American video game network GameStop.
Musk’s electric vehicle company Tesla Inc revealed on February 8 that it bought $ 1.5 billion from bitcoin cryptocurrency and would soon accept it as a form of payment for cars.
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