The post Did Elon Musk Sell $1.4 Billion Dogecoin (DOGE) Tokens To Buy Alex The Doge (ALEX) Coin? appeared first on Coinpedia Fintech News
In the world of cryptocurrency, rumours and speculation can drive significant market movements, making the boundary between fact and fiction increasingly blurred. One such rumour currently circling the crypto-verse is that Elon Musk, the CEO of Tesla and SpaceX, known for his affinity for Dogecoin (DOGE), has allegedly sold $1.4 billion of his DOGE tokens to buy into a new meme-based cryptocurrency, Alex The Doge (ALEX). But how much truth is there to this claim?
Elon Musk and Dogecoin (DOGE)
Elon Musk’s support for Dogecoin (DOGE) has been both vocal and consistent. His tweets about the meme-based cryptocurrency have made headlines on multiple occasions, each time causing significant shifts in its price. The speculation that Musk might have sold a portion of his Dogecoin (DOGE) holdings to invest in Alex The Doge (ALEX) stems from a sudden, large
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