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Youngest HODLer ever? Elon Musk buys DOGE for his 9-month-old son

02/10/2021

“Toddler HODLer” might quickly develop into a brand new meme within the crypto house.

Elon Musk’s little one with Canadian musician Claire Elise Boucher, or Grimes, might now be one of many youngest public crypto customers on document.

In a tweet right this moment from the Tesla CEO, Musk mentioned his 9-month-old son is now the proud — or perhaps simply fussy — proprietor of some Dogecoin (DOGE), referring to him as a “toddler HODLer.” The boy, born final Could, is called X Æ A-Xii — pronounced “ex ash eh twelve” — with the final two syllables an homage to Lockheed’s A-12 plane.

Musk’s current tweets have doubtless fueled the value of DOGE since January. The token began 2021 at roughly $0.005 however has since risen greater than 1,400% to achieve $0.0758 at time of publication. Most of the Tesla CEO’s memes and bullish opinions of DOGE have preceded a value surge.

Nonetheless, the world’s second richest man shouldn’t be the one billionaire who seemingly thinks the token has potential. Dallas Mavericks proprietor Mark Cuban mentioned on Monday that DOGE is the “greatest leisure bang in your buck obtainable” on the crypto market and doesn’t assume it’s a “unhealthy look” for traders to contemplate it.

With cryptocurrencies turning into extra prominently featured within the information, there are lots of individuals beneath 18 years outdated interested by how they’ll legally personal Bitcoin (BTC), Ether (ETH), or any variety of altcoins. Although it’s unlawful for a lot of minors to carry cryptocurrencies on exchanges, mother and father like Musk can typically present their kids digital belongings. Cuban has additionally bought his 11-year-old son Jake $5 price of DOGE.