Tesla and SpaceX CEO Elon Musk announced on February 10 that he had purchased Dogecoin (DOGE) for his baby child.
The continuous involvement of Elon Musk in Dogecoin should not be overlooked. He seems to be a lover of dogecoin, and after buying Dogecoin for his baby son, it must not be doubted that either he is already owner of Dogecoin or will purchase large sum of Dogecoin soon.
Tesla, under the leadership of Elon Musk, purchased $1.5 billion in Bitcoin on February 8. Now he has bought Dogecoin for his son. Musk said:
I bought some Dogecoin for Lil (little) X. So he can be a little holder.”
Bought some Dogecoin for lil X, so he can be a toddler hodler
— Elon Musk (@elonmusk) February 10, 2021
Elon and his life partner Grimes revealed that they call their son ‘Little X’ for short.
The musician (Grimes), who had her first child in May 2020, announced her son’s name is X Æ A-12 (pronounced ‘Ex Ash A Twelve’). However, the baby’s name is now written X Æ A-Xii, substituting in the Roman numerals signifying ’12’ so as to comply with Californian law.
•X, the unknown variable ⚔️
•Æ, my elven spelling of Ai (love &/or Artificial intelligence)
•A-12 = precursor to SR-17 (our favorite aircraft). No weapons, no defenses, just speed. Great in battle, but non-violent 🤍
(A=Archangel, my favorite song)
(⚔️🐁 metal rat)
— 𝑪𝒍𝒂𝒊𝒓𝒆 𝒅𝒆 𝑳𝒖𝒏𝒆࿎ (@Grimezsz) May 6, 2020
After the news Dogecoin increased 20% instantly. Dogecoin price is highly influenced by Elon musk tweets. The cryptocurrency has increased almost 900% in 17 days from 27-Jan-2021 onwards.