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Doge Shares Surge 9% After Elon Musk Pledges Not to Sell Cryptocurrencies

By WebsCryptoMarch 14, 20221 Min Read
Doge Shares Surge 9% After Elon Musk Pledges Not to Sell Cryptocurrencies
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After Tesla founder Elon Musk pledged on social media today not to dump Bitcoin BTC -0.21% (BTC), Ethereum ETH 0.44% (ETH) and Dogecoin DOGE -0.49% (DOGE), the price of DOGE briefly surged 9%, but then appeared Pulling back, the latest data shows the current price at $0.115159.

So far, Musk has never disclosed the specific amount and value of his cryptocurrency holdings, but Tesla purchased $1.5 billion worth of bitcoin in early 2021, according to Tesla’s latest quarterly earnings report. Some bitcoins are worth more than $2 billion.

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DISCLAIMER: The information provided by WebsCrypto does not represent any investment suggestion. The articles published on this site only represent personal opinions and have nothing to do with the official position of WebsCrypto.
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