Each week, Benzinga conducts a survey to collect sentiment on what traders are most excited about, interested in, or thinking about when managing and building their personal portfolios.
This week we asked Benzinga visitors the following question: How much Dogecoin DOGE/USD do you think Elon Musk owns?
Here are the full results of this week’s survey:Worth less than $100,000 just for fun: 5.2% Around $1,000,000, he’s a true believer: 62.3% Worth a few billion dollars, he’s one of the whales: 32.5%
See also: Dogecoin vs. Shiba Inu
It’s no secret that Tesla Inc TSLA antics regarding Dogecoin on Twitter have led to massive price swings for the meme crypto. In a week where the broader cryptocurrency market has plummeted, it remains to be seen whether Musk’s tweet about Dogecoin can make further gains in the near term.
At the time of publication, Dogecoin was trading at around $0.0905, down 27.76% over the past week.
This reader survey was originally conducted by Benzinga in January 2022 and included responses from a diverse population of adults aged 18 or over.
Participation in the survey was completely voluntary, no incentives were offered to potential respondents. The study mirrors the results of more than 1,000 adults.
Photo: Courtesy of Telenovelas Foro on Flickr
This post How Much Dogecoin Does Elon Musk Own? $100K, $1M, or is he a whale? was original published at “https://www.benzinga.com/markets/cryptocurrency/22/01/25176877/how-much-dogecoin-does-elon-musk-own-100k-1m-or-is-he-a-whale”