Elon Musk agrees he's got large amount of Dogecoin, but 'won't sell'

Tesla and SpaceX CEO Elon Musk has agreed that he has a large number of Dogecoin, but he hasn't and won't be selling it.

@Jak_ConnorTT
Published Mon, May 24 2021 3:35 AM CDT   |   Updated Fri, Jun 18 2021 6:44 PM CDT

Ever since Tesla announced that they wouldn't be accepting Bitcoin as payment for its electric vehicles and the dreaded news out of China, Bitcoin has dropped in value considerably.

Tesla CEO Elon Musk has taken quite a lot of heat since the drop in Bitcoin price, but the billionaire has stood his ground when it comes to people claiming that he has sold his holdings in cryptocurrency. Musk has publicly advocated for the meme-cryptocurrency Dogecoin, causing the price of the coin to reach new highs.

Now, Musk has agreed with a Twitter user that claimed that Musk has a very large number of Dogecoin in his crypto-wallet, and that he "has major skin in the game". Additionally, the Twitter user said that he doesn't think Musk "would ever sell his Doge holdings. He's the ultimate hodler". To this Tweet, Musk replied by saying, "Yeah, I haven't & won't sell any Doge".

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Jak joined the TweakTown team in 2017 and has since reviewed 100s of new tech products and kept us informed daily on the latest news. Jak's love for technology, and, more specifically, PC gaming, began at 10 years old. It was the day his dad showed him how to play Age of Empires on an old Compaq PC. Ever since that day, Jak fell in love with games and the progression of the technology industry in all its forms. Instead of typical FPS, Jak holds a very special spot in his heart for RTS games.

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