Elon Musk wants Dogecoin holders to sell their coins; Here is the reason why
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Elon Musk has recently made a lot of comments about dogecoin and here is another one in which he talks about that to sell-off Dogecoin as holding too much of it is not good. Now we have all seen in the past how just by his words cryptocurrencies fall and increase.
He had previously given support to these cryptocurrencies and by this, a lot of users went on it and made it a hot and happening target. The price of this cryptocurrency went up after the comment made by Elon Musk on Twitter.
Elon Musk has been active on Twitter and has been making a lot of comments on it. Also, there has been a story making its rounds that he will soon be investigated by SEC for his involvement in bitcoin.
Elon Musk said on Twitter “If major Dogecoin holders sell most of their coins, it will get my full support. Too much concentration is the only real issue imo.”
If major Dogecoin holders sell most of their coins, it will get my full support. Too much concentration is the only real issue imo.
— Elon Musk (@elonmusk) February 14, 2021