- Elon Musk recently confirmed that his son, ‘lil X,’ continues to hold onto his Dogecoin (DOGE), delighting the dedicated crypto community.
- This announcement came in response to a tweet from a Dogecoin graphic designer, emphasizing ‘lil X’s commitment to his DOGE holdings.
- Musk affirmed the designer’s playful commentary with a lighthearted tweet, capturing the attention of crypto enthusiasts globally.
Elon Musk delights the Dogecoin community with confirmation of his son’s DOGE holdings, sparking renewed interest and discussions.
Elon Musk Confirms ‘Lil X’ Continues to Hold Dogecoin
In a recent social media exchange, Tesla CEO Elon Musk confirmed that his son, affectionately known as ‘lil X,’ remains invested in Dogecoin. This confirmation was in response to a tweet from a Dogecoin graphic designer, who whimsically mentioned that ‘lil X’ has never suggested selling his holdings. Musk’s endorsement of this statement with a humorous remark quickly captured the attention of the Dogecoin community, sparking widespread discussions.
Musk’s Influence on Dogecoin
Elon Musk’s involvement in the cryptocurrency world has been particularly influential for Dogecoin. Often referring to himself as the “Dogefather,” Musk has continually supported Dogecoin through various tweets and actions, including allowing it as a payment option for select Tesla merchandise. His engagement has historically triggered significant market reactions, underscoring his substantial impact within the crypto community.
Community Reacts to Musk’s Latest Tweet
The reaction to Musk’s latest confirmation about ‘lil X’ holding Dogecoin has been overwhelmingly positive. The Dogecoin community, which closely monitors Musk’s statements, saw this as another endorsement of the cryptocurrency’s potential. This interaction also served as a reminder of a tweet from February 2021, where Musk stated he bought Dogecoin for ‘lil X,’ calling him a “toddler hodler.” These nostalgic nods have sparked a wave of enthusiasm among avid holders and investors.
Musk’s Continued Support for Dogecoin
Musk has a history of using his influence to boost the profile of Dogecoin. In May, he tweeted about the passing of Kabosu, the dog behind the infamous DOGE meme, which resulted in an immediate price spike for Dogecoin. His consistent support has made him a central figure within the Dogecoin community, further exemplified by his latest interaction surrounding ‘lil X’s holdings.
Conclusion
Elon Musk’s recent confirmation that his son continues to hold Dogecoin has once again brought significant attention to the cryptocurrency. As the “Dogefather,” Musk’s ongoing endorsements and playful engagements with the community underscore his influence on Dogecoin’s market trajectory. Investors and enthusiasts alike will be keenly observing how these interactions play into the broader crypto market dynamics in the future.