Elon Musk Confirms Son 'Lil X' Still Hodls Dogecoin, DOGE Community Reacts

Tesla CEO Confirms Son's Dogecoin Holdings

Elon Musk, the CEO of Tesla, has confirmed that his son, affectionately known as 'lil X,' continues to hold his Dogecoin (DOGE) assets, pleasing the DOGE community.

Confirmation via Twitter Exchange

The indirect confirmation came in response to a tweet by Dogecoin graphic designer "dogedesigner." The designer shared that 'lil X' is a dedicated "toddler holder," never expressing any desire to sell his DOGE.

"It’s true! 😂" - Elon Musk (@elonmusk), June 20, 2024

"X is a toddler hodler. Never once has he said sell," Dogedesigner tweeted. Musk responded with an affirmation accompanied by a laughter emoji.

Community Reactions

This playful confirmation garnered attention from the crypto community. An X (formerly Twitter) user shared a throwback to Musk's tweet from February 10, 2021.

"Bought some Dogecoin for lil X, so he can be a toddler hodler," Musk tweeted. Another X user asked, "how many Doge X has?"

Musk's Influence

The Dogecoin community has historically been influenced by Musk's tweets. His statements often trigger immediate market reactions. This latest tweet has again placed the spotlight on Dogecoin.

Musk, self-proclaimed as the "Dogefather," has been a vocal supporter of Dogecoin, making frequent mentions in his tweets. He even allows Dogecoin as a payment option for certain Tesla merchandise.

Impact on Dogecoin Price

In May, Musk's tweet about the passing of Kabosu, the face of the DOGE meme, led to an immediate spike in the Dogecoin price. As of writing, the Dogecoin price has dipped 0.08% in the past 24 hours to $0.122, yet to respond to the renewed attention.