Dogecoin has gained a lot of attention in the past few weeks especially with Elon Musk taking an interest in it, and this has caused the price to surge beyond anything that many thought possible. However in a recent article it seems that Elon Musk may be losing interest in this cryptocurrency, after he wrote a tweet that says that the whales within a cryptocurrency market are actually quite large and if they had to sell off most of their coins then he would have his full support into this cryptocurrency. After making the statement it seems that the price of the cryptocurrency has dropped by over 20% in a single day which is something that is very rare for this coin at the present time because we have been seeing the price continuously increase.
What are your thoughts on this and do you think that the whales should consider selling their coins in order to try and get a large people like Elon Musk behind this coin?
What are your thoughts on this and do you think that the whales should consider selling their coins in order to try and get a large people like Elon Musk behind this coin?