Youngest HODLer ever? Elon Musk buys DOGE for his 9-month-old son

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Youngest HODLer ever? Elon Musk buys DOGE for his 9-month-old son

Elon Musk’s baby with Canadian musician Claire Elise Boucher, or Grimes, could now be one of many youngest public crypto customers on document.In a



Elon Musk’s baby with Canadian musician Claire Elise Boucher, or Grimes, could now be one of many youngest public crypto customers on document.

In a tweet at this time from the Tesla CEO, Musk mentioned his 9-month-old son is now the proud — or perhaps simply fussy — proprietor of some Dogecoin (DOGE), referring to him as a “toddler HODLer.” The boy, born final Could, is called X Æ A-Xii — pronounced “ex ash eh twelve” — with the final two syllables an homage to Lockheed’s A-12 plane.

Musk’s latest tweets have probably fueled the value of DOGE since January. The token began 2021 at roughly $0.005 however has since risen greater than 1,400% to succeed in $0.0758 at time of publication. Lots of the Tesla CEO’s memes and bullish opinions of DOGE have preceded a worth surge.

Nonetheless, the world’s second richest man isn’t the one billionaire who seemingly thinks the token has potential. Dallas Mavericks proprietor Mark Cuban mentioned on Monday that DOGE is the “finest leisure bang to your buck accessible” on the crypto market and doesn’t suppose it’s a “dangerous look” for traders to think about it.

With cryptocurrencies changing into extra prominently featured within the information, there are a lot of folks below 18 years previous fascinated by how they will legally personal Bitcoin (BTC), Ether (ETH), or any variety of altcoins. Although it’s unlawful for a lot of minors to carry cryptocurrencies on exchanges, mother and father like Musk can typically reward their kids digital belongings. Cuban has additionally bought his 11-year-old son Jake $5 value of DOGE.