After claiming that there’s too much concentration in the dogecoin (DOGE) ownership, the world’s richest person, Tesla founder Elon Musk has offered a solution.
“I will literally pay actual $ if they just void their accounts,” he tweeted today.
Several hours earlier he claimed that if major DOGE holders sell most of their coins, “it will get my full support.”
“Too much concentration is the only real issue [in my opinion],” Musk said.
At the time of writing (11:10 UTC), DOGE, ranked 13th by market capitalization, trades at USD 0.0575 and is up by 2.4% in an hour, trimming its daily losses less than 10%. The price is down by 27% in a week, but is up by 517% in a month.

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Reactions:
Sure bro, how about you delete your $TSLA shares and I’ll delete my $DOGE wallets ?
— DOGE LORD (@crypto_bitlord7) February 15, 2021
@CryptoDonAlt @elonmusk Well to be fair, it basically is, and a lot more of it is gonna be by the looks of it.
Elon wants equality for Dogecoin so everybody gets a fair shake
— AllStreetBets (@allstreetbets) February 15, 2021