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Elon Musk's purchase of $3 billion Dogecoin is real or fake?

Nov 18, 2024

There are rumors that Musk has $3 billion worth of Dogecoin, and Musk has been cheering for Dogecoin. Every time Dogecoin rises, Musk's figure is behind it. So, how much value does Musk hold in Dogecoin

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There is no definite answer to the question of how much Dogecoin (DOGE) Musk holds in his hands. Musk is a passionate enthusiast of Dogecoin, and he has repeatedly supported and personally promoted Dogecoin on social media, which often causes fluctuations in the market price of Dogecoin due to his comments. However, Musk himself has not publicly disclosed the specific amount of Dogecoin he holds.

Some investors and observers speculate that Musk may hold a large amount of Dogecoin based on his words and actions and the market performance of Dogecoin. For example, some have speculated that Musk may be a mysterious Dogecoin "whale" with over 36 billion tokens. But there is no conclusive evidence to support this speculation.

It is worth noting that although Musk has a positive attitude towards Dogecoin and has supported it multiple times, he has also given warnings about investment risks. Therefore, investors should act cautiously when deciding whether to invest in Dogecoin, fully considering market risks and their own risk tolerance.

Overall, the exact amount of Dogecoin held by Musk is an unknown variable. Investors should pay attention to the fundamentals, market trends, and risk factors of Dogecoin, rather than relying too much on Musk's personal statements or speculating about his holdings to make investment decisions.

Where can I buy Dogecoin on an app

okx app download 》https://ok.b615.com/11/

OKEXbit, Huobi, etc.: These are also well-known virtual currency trading platforms on which users can try to buy dogcoin. However, please note that the operating procedures of each platform may vary and there are certain trading risks involved. Therefore, users need to carefully read the relevant instructions and operate with caution when making purchases.

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