According to U.Today, Elon Musk, the CEO of Tesla, recently confirmed that his son, known as 'lil X,' continues to hold onto his Dogecoin (DOGE). This confirmation came in response to a tweet by a Dogecoin graphic designer, 'dogedesigner,' who stated that 'lil X' is a dedicated toddler holder who has never suggested selling his holdings. Musk responded with an affirmation and a laughter emoji, which quickly caught the attention of the crypto community.
The interaction sparked a wave of reactions from the crypto community. A user shared a throwback to Musk's tweet from February 10, 2021, which read, 'Bought some Dogecoin for lil X, so he can be a toddler hodler.' Another user asked, 'how many Doge X has?' The Dogecoin community has long been influenced by Musk's tweets, often seeing immediate market reactions to his statements.
Musk, who has referred to himself as the 'Dogefather,' has been a strong supporter of Dogecoin. He frequently mentions it in his tweets and has even allowed it as a payment option for certain Tesla merchandise. In May, Musk tweeted about the passing of the dog Kabosu, the face of the DOGE meme, which led to a spike in the Dogecoin price. At the time of writing, the Dogecoin price was trading down 0.08% in the last 24 hours to $0.122.