Elon Musk Reveals Why Dogecoin WILL Go Past $1 (HUGE OPPORTUNITY)

Elon Musk Reveals Why Dogecoin WILL Go Past $1 (HUGE OPPORTUNITY)

Elon Musk, who’s been a vocal supporter of Dogecoin, said there’s too much concentration of the coins among its major holders and he will support them if they sell their coins. Dogecoin has fallen 14% in the past 24 hours to 5.6 cents, according to data from CoinMarketCap. The Shiba Inu-themed digital coin has been among the obsessions of retail investors this year, rising to an all-time high of 8.4 cents last Monday from about 1 cent at the beginning of the year.

Musk, the richest person in the world, partly contributed to Dogecoin's rising popularity with his frequent tweets about it. Last week, he said he bought some for his son so that “he can be a toddler hodler,” a term in the crypto community that refers to a person who holds rather than sells. Make sure to watch the whole video and learn more about this news. As always, do us a favor and like the video and subscribe and turn on the notification bell. We’ll see you in the next video!

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