Elon Musk in favor of top dogecoin holders selling most of their coins: report
Fox Business Flash top headlines for February 12
Fox Business Flash top headlines are here. Check out what’s clicking on FoxBusiness.com.
Billionaire Elon Musk said on Sunday that he supports major holders of the meme-based digital currency dogecoin selling most of their coins, adding that he felt too much concentration in dogecoin was the “real issue.”ELON MUSK SAYS HE BOUGHT DOGECOIN FOR SON 'SO HE CAN BE A TODDLER HODLER'
Continue Reading Below
"If major Dogecoin holders sell most of their coins, it will get my full support. Too much concentration is the only real issue imo", Musk said in a tweet.
A well-known supporter of cryptocurrencies, Musk has weighed in regularly on the recent frenzy in retail investment, driving up prices of dogecoin and shares of U.S. video game chain GameStop.