<p>Billionaire Elon Musk said on Sunday that he supports major holders of the meme-based digital currency dogecoin selling most of their coins, adding that he felt too much concentration in dogecoin was the "real issue".</p>.<p>"If major Dogecoin holders sell most of their coins, it will get my full support. Too much concentration is the only real issue imo", Musk said in a tweet.</p>.<p><strong><a href="https://www.deccanherald.com/international/world-offbeat/elon-musk-says-he-is-an-alien-950504.html" target="_blank">Read | Elon Musk says he is an 'alien'</a></strong></p>.<p>A well-known supporter of cryptocurrencies, Musk has weighed in regularly on the recent frenzy in retail investment, driving up prices of dogecoin and shares of US video game chain GameStop.</p>.<p>Musk's electric vehicle company Tesla Inc revealed on February 8 it had bought $1.5 billion of the cryptocurrency bitcoin and would soon accept it as a form of payment for cars.</p>
<p>Billionaire Elon Musk said on Sunday that he supports major holders of the meme-based digital currency dogecoin selling most of their coins, adding that he felt too much concentration in dogecoin was the "real issue".</p>.<p>"If major Dogecoin holders sell most of their coins, it will get my full support. Too much concentration is the only real issue imo", Musk said in a tweet.</p>.<p><strong><a href="https://www.deccanherald.com/international/world-offbeat/elon-musk-says-he-is-an-alien-950504.html" target="_blank">Read | Elon Musk says he is an 'alien'</a></strong></p>.<p>A well-known supporter of cryptocurrencies, Musk has weighed in regularly on the recent frenzy in retail investment, driving up prices of dogecoin and shares of US video game chain GameStop.</p>.<p>Musk's electric vehicle company Tesla Inc revealed on February 8 it had bought $1.5 billion of the cryptocurrency bitcoin and would soon accept it as a form of payment for cars.</p>