Despite being accountable for Dogecoin soaring to an all-time high, Elon Musk is now requiring major Dogecoin holders to “offer the majority of their coins.”
Taking to Twitter, the Tesla and SpaceX founder noted his assistance for such a relocation and highlighted the current issue of “excessive concentration.” Going on to even state that he would “actually pay actual money” if the major Dogecoin holders just voided their accounts Following the tweets, Dogecoin which had skyrocketed 900 percent in current weeks, dropped another 9 percent bringing it down 34 percent from its all-time high.
For quite a long time now, Elon Musk has been backing cryptocurrency and is a prime source of current rate variations. Additionally, Tesla Inc. just recently revealed its $1.5 billion USD financial investment into Bitcoin and plans to start accepting cryptocurrency payments.
Frodo was the underdoge, All thought he would stop working, Himself many of all. pic.twitter.com/zGxJFDzzrM
— Elon Musk (@elonmusk) February 11, 2021
In case you missed it, GameStop didnt take advantage of the current r/WallStreetBets stock surge over regulatory concerns.
If they just void their accounts, I will actually pay real $.
— Elon Musk (@elonmusk) February 15, 2021