The post Dogecoin Price Prediction: How Much DOGE Does Elon Musk Own? Whales Double Down on Viral $0.14 Altcoin appeared on BitcoinEthereumNews.com.

Elon Musk is called the Dogefather for a reason. His tweets have a more significant effect on the Dogecoin price than market economics, and his backing has helped make many DOGE millionaires. But how many DOGE tokens does Elon actually own? He said he owns a bunch, but the internet has several theories.  The Dogecoin price had its moment late last year and made incredible gains, but since 2025, there have been plenty of ups and downs. The emerging token DTX Exchange is attracting interest because it is a reliable investment in the face of volatility. It is in its presale stage 7 and is picking up serious steam.  DOGE Traders Eye $1 Target There is a demand for DOGE, and there have been large withdrawals and transactions lately showing that DOGE is leading the memecoin market. It is the largest memecoin by market capitalization, and the Dogecoin price averaged an 85% return this January, making it the best-performing month historically.  Elon Musk has been a Dogecoin (DOGE) supporter for a long time, and experts think that Musk could be a DOGE whale. There is a wallet that owns 28.27% of DOGE tokens, and some claim that it belongs to Elon Musk. Alas, we shall never know; regardless, Musk’s influence on Dogecoin prices is undeniable.  There is an incoming pro-crypto US administration, and with Elon having a greater role in it than expected, as the OG memecoin, Dogecoin (DOGE) will remain popular and in the public eye. Its community backing and internet hype have kept it alive and kicking for so long that analysts wonder whether the lack of utility will ever indeed affect the tokenomics of the DOGE token.  DTX Exchange: A Trading Revolution  The ongoing ICO of DTX Exchange is in the news because it has already made…

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Filed under: News - @ January 16, 2025 2:25 pm