THELOGICALINDIAN - Tesla CEO Elon Musk has accepted that he still holds Bitcoin Ethereum and Dogecoin and that he doesnt plan to sell
SpaceX CEO Elon Musk Still Owns And Won’t Sell His Bitcoin, Ethereum, And Dogecoin Holdings
Yesterday, the Tesla CEO asked his followers on Twitter about their thoughts on the apparent aggrandizement amount over the abutting few years.
One of the replies argued that the USD customer aggrandizement will abide abreast best highs, while asset aggrandizement will be bifold this amount. The being additionally said that weaker currencies would collapse and added money would access into deficient bolt like Bitcoin.
Elon Musk replied with “It is not absolutely capricious that you would ability that conclusion.” He followed up in a alternation cheep giving some accepted admonition to the readers of the thread, adage that it’s bigger to own concrete entities like a abode or banal in companies authoritative acceptable products, rather than dollars during times back aggrandizement is high.
Related Reading | Elon Musk Says Tesla To Accept Dogecoin As Payment At Supercharging Stations
Musk additionally added “I still own & won’t advertise my Bitcoin, Ethereum or Doge fwiw.” The Tesla CEO has consistently apparent to be a close accepter in crypto, and has become one of the best accepted abstracts in the space.
Simple tweets from Musk accept generally accepted to be abundant to kickstart rallies for bill like Dogecoin. The SpaceX CEO’s amore for the memecoin abnormally has becoming him the appellation of “DOGE father.”
This cheep too sparked a aciculate fasten in the amount of Dogecoin. The beneath blueprint shows the trend in the aboriginal memecoin’s amount over the accomplished day:
As you can see in the aloft graph, the amount affected about $0.12 afterward the aciculate uptrend, ascent about 10%.
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However, aback then, the amount has dwindled aback down. Nonetheless, Dogecoin is still up about 4% in the aftermost 24 hours.
BTC And ETH Price
At the time of writing, Bitcoin’s price floats about $38.9k, up 1% in the aftermost seven days. Over the accomplished month, the crypto has absent 7% in value.
Here is a blueprint that shows the trend in the amount of BTC over the aftermost bristles days.
As for Ethereum, it’s currently trading about $2.5k, up 2% over the accomplished week. In the aftermost month, the crypto is 10% in the red.
