{"id":112826,"date":"2021-02-15T00:40:33","date_gmt":"2021-02-15T00:40:33","guid":{"rendered":"https:\/\/precoinnews.com\/?p=112826"},"modified":"2021-02-15T00:40:33","modified_gmt":"2021-02-15T00:40:33","slug":"elon-musk-says-he-supports-top-dogecoin-holders-selling-most-of-their-coins","status":"publish","type":"post","link":"https:\/\/precoinnews.com\/markets\/elon-musk-says-he-supports-top-dogecoin-holders-selling-most-of-their-coins\/","title":{"rendered":"Elon Musk says he supports top dogecoin holders selling most of their coins"},"content":{"rendered":"
Feb 14 (Reuters) – Billionaire Elon Musk said on Sunday that he supports major holders of the meme-based digital currency dogecoin selling most of their coins, adding that he felt too much concentration in dogecoin was the \u201creal issue\u201d.<\/p>\n
“If major Dogecoin holders sell most of their coins, it will get my full support. Too much concentration is the only real issue imo”, Musk said in a tweet bit.ly\/3aj5LEd.<\/p>\n
A well-known supporter of cryptocurrencies, Musk has weighed in regularly on the recent frenzy in retail investment, driving up prices of dogecoin and shares of U.S. video game chain GameStop.<\/p>\n
Musk\u2019s electric vehicle company Tesla Inc revealed on Feb. 8 it had bought $1.5 billion of the cryptocurrency bitcoin and would soon accept it as a form of payment for cars.<\/p>\n