Elon Musk Endorses Dogecoin-Trading Hamster

Elon Musk

Currently, the internet is awash by Mr. Goxx, a hamster who has made 20% gains since trading cryptocurrency on June 12.  Yet, the tech world has been waiting for the big man’s remarks about this trading Hamster. Elon Musk, the CEO of SpaceX and the world’s largest electric car company, Tesla is well-known for addressing everything from the preferences of Thai rescue divers to his beloved Dogecoin

This morning, he didn’t disappoint. He stepped onto the Twitter hamster wheel that secretly powered every Tesla and made a post of 24 characters with his signature wit, “Hamster has mad skills!!”

Coincidentally, Mr. Goxx’s name nearly matches Mt. Gox exchange platform. At one point, the Mt. Gox platform experienced great losses due to the operators’ hack and alleged misconduct. 

Segmented Wheel

Mr. Goxx has a wheel that has segments of multiple assets. It helps him settle on a cryptocurrency to trade on by running on it. He then buys or sells that currency by running through two tunnels; everything is wired to a trading desk.

It’s no surprise that Mr. Goxx and his anonymous co-owners have done so well with trading. After all, this is the same group of people who outperformed the Dow Jones and Warren Buffett’s Berkshire Hathaway. Mr. Goxx has managed to match Bitcoin, up almost 20% since he started trading.

Mr. Goxx’s utilization skills are impressive to Musk. After all, a gem recognizes a gem. A single tweet from Elon Musk, the King of Crypto, can move markets with millions of followers. The price of Bitcoin slipped after Tesla stopped accepting the cryptocurrency for merchandise.

The co-founder of Dogecoin, Billy Markus, is not happy about the recent success Mr. Goxx has found in his dart-throwing game. He responded with, “It’s all just dart throwing.” A clear picture that success doesn’t intrigue people similarly.

Elon Musk on Dogecoin

Dogecoin is a meme-inspired cryptocurrency created by Billy Markus and Jackson Palmer in 2013. In December of that year, they saw its value skyrocket 300% within 72 hours from $0.0026 to $0.95 with over one billion worth traded.

It’s impossible to know how much Dogecoin the billionaire has unless he reveals his exact amount.

Dogecoin has surprisingly been linked to a few high-profile figures. However, they remain anonymous, so it is difficult to link an account to an individual. Despite that, Internet detectives on Reddit were able to find an associated wallet that may belong to Mr. Musk. The wallet holds around 2 million DOGE.