Amidst the rampaging bloodshed in the Cryptocurrency industry, Elon Musk continues to do his best to boost the value of Dogecoin.
The American billionaire is notorious for influencing the prices of cryptocurrencies with his tweets.
His latest escapade saw him post a message on Twitter telling his followers how his son X Æ A-12 is holding on tight to his Dogecoin assets.
“Lil X is hodling (a crypto slang for “holding”) his doge like a champ,”
As a result, the value of Dogecoin went up by around 17%.
Musk is an unapologetic Dogecoin-influencer and his latest line of action shouldn’t surprise too many people.