Tesla CEO Elon Musk recently confirmed that his son, affectionately known as “lil X,” is still holding onto his Dogecoin (DOGE), much to the delight of the DOGE community.
This indirect confirmation came in response to a joking tweet from a Dogecoin chartist, “dogedesigner,” who shared that “lil X” is a dedicated child holder, never suggesting he sell his holdings.
It is true! 😂
– Elon Musk (@elonmusk) June 20, 2024
“X is a baby hodler. Never once did he say sell out,” Dogedesigner tweeted. Musk reacted with a statement, accompanied by a laughing emoji. This lighthearted confirmation quickly caught the attention of the crypto community.
I bought some Dogecoin for lil X so he can be a kid hodler
— Elon Musk (@elonmusk) February 10, 2021
This interaction sparked a wave of reactions from the crypto community, with one user can be a baby hodler.” Another user X responded by asking, “how many Doge X does he have?”
The Dogecoin community has long been influenced by Musk’s tweets, often seeing immediate market reactions to his statements. His latest tweet is no exception, as he has once again put the spotlight on Dogecoin.
Musk, who calls himself the “Dogefather,” has been a strong supporter of Dogecoin, mentioning it often in his tweets and even allowing it as a payment option for some Tesla products.
In May, Musk tweeted about the passing of Kabosu the dog, the face of the DOGE meme, which saw the price of Dogecoin rise shortly after.
As of this writing, Dogecoin price has fallen 0.08% over the past 24 hours to $0.122, yet to react to the current attention it is receiving.
