Dogecoin: How Much DOGE Does Elon Musk Have? Shocking Detail!

Dogecoin: How Much DOGE Does Elon Musk Have? Shocking Detail!

At a recent X Space discussion, Musk said that he still owns some Dogecoin, while SpaceX owns some Bitcoin.

However, as before, DOGE prices did not move much after Musk's announcement. The dog-themed crypto experienced a drop of over 7% on the weekly charts.

Elon Musk is the richest man in the world. When he says he owns some DOGE, that could mean a value of more than six figures. However, it is unclear how much DOGE Musk owns.

According to one theory, Musk is a mysterious Dogecoin (DOGE) whale with more than 36 billion tokens. This wallet has about 28.27% of the total DOGE in circulation. Others counter this claim and say that Musk is against cryptocurrencies, which are concentrated in the hands of a few people.

Regardless, there is no dispute that Musk is a supporter of Dogecoin (DOGE) and cryptocurrency. The billionaire recently talked about whether Bitcoin (BTC) could be a currency on Mars. According to Musk, the processing time will be an obstacle. But he said localized settlements would help delay processing.