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Elon Musk says he supports top dogecoin holders selling most of their coins

Musk’s electrical car firm Tesla Inc revealed on Feb. eight it had purchased $1.5 billion of the cryptocurrency bitcoin.

Reuters

PUBLISHED ON FEB 15, 2021 08:18 AM IST

Billionaire Elon Musk stated on Sunday that he helps main holders of the meme-based digital forex dogecoin promoting most of their cash, including that he felt an excessive amount of focus in dogecoin was the “actual challenge”.

“If main Dogecoin holders promote most of their cash, it can get my full help. An excessive amount of focus is the one actual challenge imo”, Musk stated in a tweet.

A well known supporter of cryptocurrencies, Musk has weighed in commonly on the current frenzy in retail funding, driving up costs of dogecoin and shares of U.S. online game chain GameStop.

Musk’s electrical car firm Tesla Inc revealed on Feb. eight it had purchased $1.5 billion of the cryptocurrency bitcoin and would quickly settle for it as a type of fee for vehicles.

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