· 1 min read

Elon Musk Offers to 'Pay Actual $' If Dogecoin Whales Empty Their Wallets

After claiming that there's too much concentration in the dogecoin (DOGE) ownership, the world's richest person, Tesla founder Elon Musk has offered a solution.

Source: Adobe/epic_images

"I will literally pay actual $ if they just void their accounts," he tweeted today.

Several hours earlier he claimed that if major DOGE holders sell most of their coins, "it will get my full support."

"Too much concentration is the only real issue [in my opinion]," Musk said.

At the time of writing (11:10 UTC), DOGE, ranked 13th by market capitalization, trades at USD 0.0575 and is up by 2.4% in an hour, trimming its daily losses less than 10%. The price is down by 27% in a week, but is up by 517% in a month.

Tesla's and SpaceX's founder said on multiple occasions that his tweets about dogecoin are meant to be jokes.

The total holdings of whales (addresses that own more than 1% of the circulating supply) and Investors (addresses that own between 0.1% and 1% of the circulating supply). Source: coinpaprika.com, Into The Block


Source: bitinfocharts.com



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- Are GameStop-Style Surges In Crypto Any Different From Old Pumps & Dumps?
- Net Detectives Wonder if This DOGE Whale Is Actually Elon Musk
- Musk’s Doge, Bitcoin Tweets May Spur Double-Digit Returns - Report
- GameStop and Dogecoin Show How Memes Can Move Markets