Elon Musk Encourages Dogecoin Holders to “Sell Most of Their Coins”

Despite being responsible for Dogecoin rising to a record high, Elon Musk now calls for greater Dogecoin holders to “sell most of their coins.”

Going to Twitter, that Tesla and SpaceX founder noted his support for such a move and highlighted the current issue of “too much concentration.” Even went so far as to say that he would “literally pay real money” if the big Dogecoin holders just canceled their accounts. After tweets, Dogecoin, which had risen 900 percent in recent weeks, fell another 9 percent, bringing it down 34 percent from its all-time high.

For some time, Elon Musk has supported cryptocurrency and is a major source of recent price fluctuations. other than that Tesla Inc. recently announced its $ 1.5 billion investment. USD in Bitcoin and plans to start accepting cryptocurrency payments.

If you missed it, GameStop did not take advantage of the recent r / WallStreetBets stock rise due to regulatory concerns.

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