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Elon Musk Says He’ll Support Sales by Top Dogecoin Holders
- Musk took issue with concentration of coins among top holders
- Dogecoin falls 14% and now ranks 13th in market capitalization
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Elon Musk, who’s been a vocal supporter of Dogecoin, said there’s too much concentration of the coins among its major holders and he will support them if they sell their coins.
“If major Dogecoin holders sell most of their coins, it will get my full support,” the Tesla Inc. co-founder and chief executive tweeted Sunday evening. “Too much concentration is the only real issue.”