Dogecoin: how much DOGE does Elon Musk own? Shocking detail!
During a recent discussion on X Space, Musk said he still owns Dogecoin, while SpaceX owns Bitcoin.
However, as before, DOGE prices did not move much after Musk's announcement. The dog-themed crypto saw a decline of over 7% on the weekly charts.
Elon Musk is the richest man in the world. When he says he owns DOGE, that could mean a value over six figures. However, it is unclear how much DOGE Musk owns.
According to one theory, Musk is a mysterious Dogecoin (DOGE) whale with over 36 billion tokens. This wallet holds approximately 28.27% of the total DOGE in circulation. Others refute this claim and claim that Musk is against cryptocurrencies, which are concentrated in the hands of a few people.
Regardless, there is no doubt that Musk is a supporter of Dogecoin (DOGE) and cryptocurrency. The billionaire recently wondered if Bitcoin (BTC) could be a currency on Mars. According to Musk, processing time will be an obstacle. But he said localized regulations would help delay treatment.
