Recently, there has been a lot going on between SpaceX and Tesla CEO Elon Musk and the infamous meme token, Dogecoin. Right from the memes and posts on Twitter to when he declared it as his “fav” digital token. He even recently purchased some for his son, he then tweeted the announcement “toddler hodler” and this had sent Dogecoin prices spiking.
No surprise there
Athough, something strange has been happening and it concerns both Musk and his “fav” token. News.Bitcoin.com earlier reported a mysterious Dogecoin wallet that has acquired a whooping 27% of the coin’s overall supply right from February 6th, 2019. This is about 3 billion worth in USD.
This same wallet has continued to makes odd transactions with even odder binary messages embedded in them. At first, speculations circulated that the wallet might belong to American billionaire and world’s richest man, Elon Musk.
This is quite understandable seeing as Musk has been honoring the coin for years on end. Even more so recently, and he’s not the only one. For a very long time, Doge fans have been encouraging the public to “buy DOGE,” an attempt to get the meme coin up to $1.
Back to the speculations, after the address received its first-ever transaction on February 6th, Musk took to Twitter on April 24th and tweeted as follows
Social media being the core of these speculations has observed something aside from the odd transactions. Certain redditors discussed the encrypted messages, some of which are easily observed to be binary codes.
Some redditors have tried but failed to decipher the messages, dubbing it as “gibberish.” Others claim that one of the messages was transcribed to Musk’s birthdate.
Some redditors have tried but failed to decipher the messages, dubbing it as “gibberish.” Others claim that one of the messages was transcribed to Musk’s birthdate.
Aside from the binary codes, many Doge fans find Musk’s recent decision to add BTC to Tesla’s balance sheet completely disappointing annd unacceptable. With the heavy Doge celebrations on Musk’s Twitter, one would expect him to follow through by adding none other than Dogecoin.
To a lot of other people, fully aware that BTC is a more successful coin, this is entirely understandable.
What do you think is going on with this strange Dogecoin address? Do you think this wallet could belong to Elon Musk?
