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How A lot Dogecoin Does Elon Musk Personal? $100K, $1M, Or Is He A Whale?



Each week, Benzinga conducts a survey to gather sentiment on what merchants are most enthusiastic about, fascinated by or occupied with as they handle and construct their private portfolios.

This week, we posed the next query to Benzinga guests: How a lot Dogecoin (CRYPTO: DOGE) do you assume Elon Musk owns?

Listed here are the total outcomes from this week’s survey:

  • Lower than $100,000 value, only for enjoyable: 5.2%
  • Round $1,000,000, he is a real believer: 62.3%
  • A number of billions {dollars} value, he is one of many whales: 32.5%

See Additionally: Dogecoin Vs. Shiba Inu

In latest information, Tesla Inc (NASDAQ:TSLA) started to simply accept and denominate merchandise on its on-line store in Dogecoin earlier this month. Gadgets listed within the “way of life” part of its store, equivalent to Giga Texas Belt Buckle, Cyberquad for Children and the Cyberwhistle had been priced in DOGE… Learn Extra

It is no secret Musk’s antics associated to Dogecoin on Twitter have resulted in large value fluctuations for the meme crypto. In every week when the broader cryptocurrency market has fallen sharply, it stays to be seen if Musk’s tweeting about Dogecoin can maintain additional positive aspects within the close to time period.

At the time of publication, Dogecoin was buying and selling round $0.1381, down 22% prior to now week.

This survey was performed by Benzinga in January 2022 and included the responses of a various inhabitants of adults 18 or older.

Opting into the survey was utterly voluntary, with no incentives supplied to potential respondents. The examine displays outcomes from over 1,000 adults.

Photograph: Courtesy of Telenovelas Foro on Flickr

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