Elon Musk pledges unending support for Dogecoin


TL;DR Breakdown

  • Musk ready to support Dogecoin to get mainstream adoption.
  • This would only happen if Dogecoin becomes actually centralized.

The world’s richest man and CEO of Tesla, Elon Musk, has pledged to fully support Dogecoin especially if major holders of the altcoin sell most of their coin. The CEO made this announcement in a Twitter post. He said too much concentration is holding the crypto back from mainstream adoption.