Jun 20, 2024
-U.TODAY
Tesla CEO Elon Musk has recently delighted the Dogecoin community by confirming that his son, affectionately known as 'lil X,' is still holding onto his Dogecoin (DOGEUSD). This indirect confirmation came in response to a playful tweet by Dogecoin graphic designer "dogedesigner," who highlighted that 'lil X' remains a dedicated toddler holder, never suggesting selling his holdings.
The interaction sparked a wave of reactions across the crypto community. An X (formerly Twitter) user shared a nostalgic throwback to Musk's tweet from February 10, 2021, where Musk had revealed, "Bought some Dogecoin for lil X, so he can be a toddler hodler." The community's curiosity was piqued further when another user asked, "How many Doge X has?"
Influence on the Market
Musk's tweets have historically had a significant impact on the Dogecoin market. Known as the "Dogefather," Musk's endorsement of Dogecoin has often led to immediate market reactions. His latest tweet once again shines the spotlight on Dogecoin, although the price of Dogecoin was trading down 0.08% in the last 24 hours to $0.122 at the time of writing, yet to show a reaction to the current attention.
It’s true! 😂— Elon Musk (@elonmusk) June 20, 2024
"X is a toddler hodler. Never once has he said sell," Dogedesigner tweeted. Musk reacted with an affirmation, accompanied by a laughter emoji. This lighthearted confirmation quickly caught the attention of the crypto community.
Bought some Dogecoin for lil X, so he can be a toddler hodler— Elon Musk (@elonmusk) February 10, 2021
Elon Musk's support for Dogecoin has been unwavering. He has frequently mentioned Dogecoin in his tweets and even allowed it as a payment option for certain Tesla merchandise. In May, Musk tweeted about the passing of Kabosu, the dog behind the DOGE meme, which led to a spike in Dogecoin’s price shortly after.
Elon Musk’s latest interaction regarding Dogecoin and his son 'lil X' has once again stirred excitement within the DOGE community. As the Dogefather continues to support and endorse Dogecoin, the crypto world eagerly watches for the next market reaction to his influential tweets. #MarketNews #Binance #doge⚡ #6thTrade #altcoins