{"id":36441,"date":"2021-02-15T12:24:15","date_gmt":"2021-02-15T10:24:15","guid":{"rendered":"https:\/\/forklog.com\/en\/?p=36441"},"modified":"2025-08-29T06:22:48","modified_gmt":"2025-08-29T03:22:48","slug":"elon-musk-urges-major-dogecoin-holders-to-sell-a-portion-of-their-coins","status":"publish","type":"post","link":"https:\/\/u1f987.com\/en\/elon-musk-urges-major-dogecoin-holders-to-sell-a-portion-of-their-coins\/","title":{"rendered":"Elon Musk urges major Dogecoin holders to sell a portion of their coins"},"content":{"rendered":"<p>Tesla and SpaceX founder Elon Musk said he would fully support major holders of the cryptocurrency Dogecoin if they sold a large portion of their coins.<\/p>\n<p><!--more--><\/p>\n<blockquote class=\\\"twitter-tweet\\\">\n<p dir=\\\"ltr\\\" lang=\\\"en\\\">If major Dogecoin holders sell most of their coins, it will get my full support. Too much concentration is the only real issue imo.<\/p>\n<p>\u2014 Elon Musk (@elonmusk) <a href=\\\"https:\/\/twitter.com\/elonmusk\/status\/1361094185412100096?ref_src=twsrc%5Etfw\\\">February 14, 2021<\/a><\/p>\n<\/blockquote>\n<p><script async src=\\\"https:\/\/platform.twitter.com\/widgets.js\\\" charset=\\\"utf-8\\\"><\/script><\/p>\n<blockquote>\n<p>\u201cToo much concentration of coins is the only real problem,\u201d Musk wrote.<\/p>\n<\/blockquote>\n<p>Users said whales should heed the Tesla chief&#8217;s &#8216;ultimatum&#8217;, as this would give Dogecoin a chance to become the native currency of the Internet.<\/p>\n<blockquote class=\\\"twitter-tweet\\\" data-conversation=\\\"none\\\">\n<p dir=\\\"ltr\\\" lang=\\\"en\\\">Whales will have to consider Elon\u2019s ultimatum here.<\/p>\n<p>If they comply, <a href=\\\"https:\/\/twitter.com\/hashtag\/Dogecoin?src=hash&#038;ref_src=twsrc%5Etfw\\\">#Dogecoin<\/a> becomes the currency of the internet.<\/p>\n<p>If they don\u2019t, or \u2018cheat\u2019 by distributing their coins across multiple wallets, then it loses Elon\u2019s endorsement.<\/p>\n<p>Easy decision for the whales. Do the right thing<\/p>\n<p>\u2014 \ud83d\udcb8\ud83d\udcb8\ud83d\udcb8 (@itsALLrisky) <a href=\\\"https:\/\/twitter.com\/itsALLrisky\/status\/1361106167926202371?ref_src=twsrc%5Etfw\\\">February 15, 2021<\/a><\/p>\n<\/blockquote>\n<p><script async src=\\\"https:\/\/platform.twitter.com\/widgets.js\\\" charset=\\\"utf-8\\\"><\/script><\/p>\n<p>Musk agreed with this.<\/p>\n<blockquote class=\\\"twitter-tweet\\\" data-conversation=\\\"none\\\">\n<p dir=\\\"ltr\\\" lang=\\\"und\\\">Yup<\/p>\n<p>\u2014 Elon Musk (@elonmusk) <a href=\\\"https:\/\/twitter.com\/elonmusk\/status\/1361121490628968453?ref_src=twsrc%5Etfw\\\">February 15, 2021<\/a><\/p>\n<\/blockquote>\n<p><script async src=\\\"https:\/\/platform.twitter.com\/widgets.js\\\" charset=\\\"utf-8\\\"><\/script><\/p>\n<p><strong>Update:<\/strong> Musk said he is willing to pay major Dogecoin holders if they \\&#8221;void their accounts\\&#8221;.<\/p>\n<blockquote class=\\\"twitter-tweet\\\" data-conversation=\\\"none\\\">\n<p dir=\\\"ltr\\\" lang=\\\"en\\\">I will literally pay actual $ if they just void their accounts<\/p>\n<p>\u2014 Elon Musk (@elonmusk) <a href=\\\"https:\/\/twitter.com\/elonmusk\/status\/1361255427669909504?ref_src=twsrc%5Etfw\\\">February 15, 2021<\/a><\/p>\n<\/blockquote>\n<p><script async src=\\\"https:\/\/platform.twitter.com\/widgets.js\\\" charset=\\\"utf-8\\\"><\/script><\/p>\n<p>Community representatives proposed alternative options, including a hard fork. One user said that the head of Tesla should issue his own cryptocurrency.<\/p>\n<blockquote class=\\\"twitter-tweet\\\" data-conversation=\\\"none\\\">\n<p dir=\\\"ltr\\\" lang=\\\"en\\\">Develop a new <a href=\\\"https:\/\/twitter.com\/hashtag\/ElonCoin?src=hash&#038;ref_src=twsrc%5Etfw\\\">#ElonCoin<\/a>, offer them to the existing non-major <a href=\\\"https:\/\/twitter.com\/hashtag\/dogecoin?src=hash&#038;ref_src=twsrc%5Etfw\\\">#dogecoin<\/a> holders to void their wallet. You wouldn\u2019t need to pay $ to make those majors dogecoin holders richer than they already are and allocate your time and support to make the ElonCoin the currency of the Earth.<\/p>\n<p>\u2014 Mansour Shahrokh (@MansourShahrokh) <a href=\\\"https:\/\/twitter.com\/MansourShahrokh\/status\/1361262064124239876?ref_src=twsrc%5Etfw\\\">February 15, 2021<\/a><\/p>\n<\/blockquote>\n<p><script async src=\\\"https:\/\/platform.twitter.com\/widgets.js\\\" charset=\\\"utf-8\\\"><\/script><\/p>\n<p>In the past hour, Dogecoin\u2019s price has fallen by 5.22%. At the time of writing the coin was trading around $0.059, according to CoinGecko.<\/p>\n<p>In early February, the cryptocurrency rose by <a href=\"https:\/\/u1f987.com\/en\/news\/elon-musk-tweets-about-dogecoin-again-as-the-coin-climbs-nearly-50\">almost 50% in less than an hour<\/a> after a series of Elon Musk\u2019s tweets. Later he said he had <a href=\"https:\/\/u1f987.com\/en\/news\/elon-musk-buys-dogecoin-for-his-younger-son\">purchased coins<\/a> for his youngest son.<\/p>\n<p>Earlier, an unidentified crypto whale held at its address <a href=\"https:\/\/u1f987.com\/en\/news\/more-than-28-of-dogecoins-supply-is-concentrated-in-a-single-address\">36.8 billion<\/a> Dogecoin \u2014 28.7% of all available coins.<\/p>\n<p>Follow ForkLog news on <a href=\\\"https:\/\/vk.com\/forklogcom\\\" target=\\\"_blank\\\" rel=\\\"nofollow noopener\\\">VK<\/a>!<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Tesla and SpaceX founder Elon Musk said he would fully support major Dogecoin holders if they sold a large portion of their coins.<\/p>\n","protected":false},"author":1,"featured_media":36442,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"select":"1","news_style_id":"1","cryptorium_level":"","_short_excerpt_text":"","creation_source":"","_metatest_mainpost_news_update":false,"footnotes":""},"categories":[3],"tags":[99,1217],"class_list":["post-36441","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-news-and-analysis","tag-dogecoin","tag-elon-musk"],"aioseo_notices":[],"amp_enabled":true,"views":"34","promo_type":"1","layout_type":"1","short_excerpt":"","is_update":"","_links":{"self":[{"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/posts\/36441","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/comments?post=36441"}],"version-history":[{"count":1,"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/posts\/36441\/revisions"}],"predecessor-version":[{"id":36443,"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/posts\/36441\/revisions\/36443"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/media\/36442"}],"wp:attachment":[{"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/media?parent=36441"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/categories?post=36441"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/tags?post=36441"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}