Elon Musk Wants Major Dogecoin Holders to Sell

American entrepreneur Elon Musk once again tweeted about Dogecoin. This time, he called on large holders to sell their DOGE holdings.

February 15, 2021 | AtoZ Markets – Tesla and SpaceX founder Elon Musk said he would fully support the large Dogecoin cryptocurrency holders if they sell most of the coins.

“Too much concentration [of coins] is the only real problem,” Musk wrote.

In response, users wrote that the whales should accept the “ultimatum” of the head of Tesla, because in this case, Dogecoin will have a chance to become the native currency of the Internet.

Musk agreed with this.

Dogecoin is down 5.22% in the last hour. At the time of writing, the coin is trading at $0.059, according to CoinMarketCap.

In early February, the cryptocurrency gained almost 50% in price less than an hour after the publication of a series of tweets by Elon Musk. He later announced that he had purchased coins for his youngest son.

Recall that an unknown cryptocurrency whale has concentrated on its address 36.8 billion Dogecoin – 28.7% of all available coins.

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