Cardano Founder Curious If Musk Holds 20% of Dogecoin Supply

Cardano Founder Curious If Musk Holds 20% of Dogecoin Supply

The post Cardano Founder Curious If Musk Holds 20% of Dogecoin Supply appeared first on Coinpedia Fintech News

In a recent interview, Charles Hoskinson questioned if Elon Musk holds a notable part of Dogecoin’s supply. Hoskinson commented on why Musk has failed to acknowledge Cardano despite its prominence. Musk has been a vocal proponent of DOGE, occasionally commenting on community developments. The previous Dogecoin surge, which led to its ATH of $0.73 in May 2021, was partly due to Musk’s promotion of the meme coin. Hoskinson lightheartedly questioned if Musk’s enthusiasm over Dogecoin was due to owning 20% of Dogecoin’s supply or if it was merely a result of a liking for the DOGE logo.