Tweeted “If Dogecoin holders sell most of theirs…

Dogecoin is a peer-to-peer electronic payment system inspired by the popular 2013 meme of the Shiba Inu dog. It was a fork of Luckycoin, which itself was a fork of Litecoin. While Bitcoin has a limited number of coins, there is no limit to the number of Dogecoins which can be created. It is used for microtransactions as well as tips on articles. It was created by programmer Billy Markus and Jackson Palmer and initially released on December 6, 2013.

Tesla CEO Elon Musk, who is famous as a supporter of Dogecoin, said on Twitter on the 15th Feb that “If the Dogecoin whales sell large quantities of their coins, He will fully support it.”

He added, “It’s a real problem that (DogeCoin) is overly (in certain wallets).” Dogecoin said in Musk’s tweet, “If the US dollar whales sell large amounts of dollars, we will fully support them. He sent a mansion parodying his words, saying, “The real problem is being overly biased.

Dogecoin has a high concentration of more than 20 wallet addresses holding 50% or more.

Musk repeatedly mentioned Dogecoin on Twitter. On the 11th, he said, “I bought Doge Coins for his son.”

Reference :,

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