Elon Musk Will Give “Full Support” to Dogecoin if Big Holders Sell | Crypto Briefing

Key Takeaways

  • Elon Musk wants to make Dogecoin less centralized by paying its biggest holders to sell their tokens.
  • Dogecoin is thought to be one of the most centralized cryptocurrencies, with 50% of the overall supply controlled by only 20 addresses.
  • After the news of Tesla’s big bet on Bitcoin, Musk’s latest discussions suggest that he is also serious about supporting Dogecoin.

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