Elon Musk’s support for Dogecoin is well documented. Already through his countless tweets, his appearance on SNL or SpaceX’s decision to accept DOGE as payment, there are a few people who are still commonly associated with Dogecoin.
Given this, one would expect Musk to make a significant investment in Doge, but how much does The Dogefather pose if it has any?
How much Dogecoin does Elon Musk have?
Although the Dogecoin blockchain means that every DOGE ticket can be viewed in public, the titles of these tickets remain anonymous. This means that those who search in the chain of blocks with the hope of finding the name of Musk will encounter problems quite quickly.
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As such, there is no way to know how much Dogecoin Elon Musk makes up unless the multimillionaire reveals the numbers. If these extravagant movements are common to Musk, it may be too much to read even for him to share this.
Not surprisingly, Internet detectives at Reddit believe they may have found a ticket belonging to Musk. This followed one tuit del 10 februero, where he said he had donated something from Dogecoin to GiveDirectly. When they observe the transactions of the ticket shared by GiveDirectly, these users suspect that the ticket that donated 150,000 DOGE just before Musk’s tweet belongs to the multimillionaire. As of June 2021, that ticket has more than 2,500,000 DOGE.
Despite this, there is no way to know for sure whether this is really the Musk ticket. In fact, Musk could also win more tickets.
There is also speculation that Musk is the mysterious ‘whale’ of Dogecoin, containing more than 36 million DOGE, about 28.27% of the total circulation. This is discussed without limitation and it has Musk announced in advance on the contrary, cryptocurrencies are far too concentrated.
Musk has too said on Twitterr who has not sold any of his Dogecoin holdings, declaring “I have not sold or will not sell any Doge” in response to a tweet describing it as “the last hodler”.
Tesla’s CEO also tweeted in February 2021 that he had bought Dogecoin for X Æ A-Xii, his son and Grimes. Once again, the amount does not come up.
LEARN MORE: Who has more Bitcoin?
[Featured Photo by Executium on Unsplash]
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