 Will Elon Musk declare Dogecoin holding? We'll go through that in this video given of a Dogecoin update as well. I've got to say I'm not a financial advisor. I'm a business teacher in my daily life, but I'm by no means an expert on the stock market. Now we've had Elon Musk talking about Dogecoin quite regularly and quite often, particularly on Twitter. He's been posting many, many posts on Twitter regarding Dogecoin. Now he hasn't actually said that he officially officially earns it yet. He's only really been talking about it, right? So the next point or potential catalyst for the coin could actually be the fact that Elon Musk comes out and says that he officially holds it and he says how much he holds, right? Who knows whether that will happen or not? We don't know. But we'll go through it as to why it's significant and also why actually it could. So we'll go through the information in this video. Will Elon Musk declare Dogecoin holding? Okay, so let's go through it. So first of all, we've had these recent tweets come out from Elon Musk as we know. He's put up a poll which states the future currency of Earth and the two options are Dogecoin to the moon or all of the crypto currencies combined. Now 2.4 million people have voted in this poll and 71.3% of people say that Dogecoin is going to the moon where 28.7% of people are saying all of the crypto is combined. And this is out of a 2.4 million votes here and it's been retweeted 59,000 times and like 203,000 times as well. So this is yet another example of Elon Musk actually talking about Dogecoin. It seems to be happening more and more regularly now. It started off just a little bit and now it's becoming an area where he's actually mentioning it quite a lot which could suggest that he's becoming more and more interested in Dogecoin itself. So very, very interesting stuff indeed. Now there's this other meme with Elon Musk and some of the celebrities here and then holding up Dogecoin here because there's been many other people that have actually been talking about Dogecoin as well with a massive following. And this is obviously what's it doing. It's building the brand awareness of Dogecoin. Now more and more people know what Dogecoin is, they know what they do and that means that there's more and more people that are more potential investors into the cryptocurrency because it's now becoming in the forefront of everybody's mind next to Bitcoin which is really, really key here and that's very interesting. And then also you had these older tweets that we went through before but it says, Elon Musk's no highs, no lows, only Doge. And then this other one says Dogecoin is the people's crypto. So loads of tweets coming out here. There's also loads of billboards and loads of different social media activities going on with Dogecoin. Now before we go into some of the reasons why I think this could actually happen and it could actually declare a holding, particularly after the recent tweet about that pull. I think that it could basis. So it says if he keeps tweeting about this it may just make it even more likely that he's going to actually hold Dogecoin. So look into this. Before we do that I just got to say support the channel in any way you can. We're trying to grow as fast as we can. So if you can like the video that helps it get up into YouTube search results and more people click on the video because they are able to find it in the search results. So any support you can give by leaving a like on the video or subscribing to the channel. I don't yet have a Patreon or anything like that. So all I ask for in terms of support is what's free at the minute which is just simple to subscribe or a simple like which is fantastic for you to do. I really appreciate that. Let's get into more of the information. So why could he declare it? So there's been a large amounts of tweets going around in regards to Dogecoin. In regards to what Elon Musk has been saying but also now it's catching head with many other potential influencers, business people, entrepreneurs as well with them also talking about Dogecoin. This is now becoming more of a media frenzy if you like because now even mainstream media articles are now talking about Dogecoin and every time Elon Musk makes a tweet about Dogecoin the mainstream media are now covering it which is incredible. So this adds to the credibility of the coin. Now this also leads to the viral marketing of this. Because it was actually started partly as a jerk. It's actually a serious crypto. I think it's spent like over a year developing it. Nobody spends over a year developing something as a jerk. It is a bit of a jerk but also it's serious crypto as well. So the viral marketing because of the memes and how much of a jerk it's been loads of people have been re-tweeting and sharing these memes and it's becoming this viral marketing campaign where now so many people know about this crypto. And also we know that Elon is interested in crypto as well and if his most tweeted crypto is tending out to be at the minute most recently Dogecoin then what's to say that he wouldn't be potentially investing in it if this is seeming to be his most interesting one. And he loves irony as well. Elon loves irony so it would be interesting isn't it with the fact that the crypto that's supposed to be making fun of the situation actually becomes the market leader in crypto. And then there's all this recent article here so Dogecoin could be the future. So it says here Elon and this is from TMZ Elon Musk and this was a recent video as well the fan video on the street. Elon Musk is giving Dogecoin major street cred on the tech finance world but says while it's got potential to the king of crypto you might not want to go all in on this gamble. We have the Tesla chief out Friday night where he was signing a slew of autographs and posing for pics, messed up man. Anyway we got to talk to him about the new crypto currency that's all the rage these days Dogecoin which Elon and other celebs have been propping up lately. This is trade as both amateur and otherwise have been praying for it to go to the moon. Elon tweeted Doge is the people's crypto and he doubled down with us saying that the will of the people will determine its worth and hope that he's down to give it some exposure it facilitates Dogecoin's growth to the end. Dogecoin has risen by some 600% since last year it was one of trading, it wants trading at well below a penny and it's gone up to high of 8 cents of lit. I think it's around 6 cents now. So yes it has been available it's been very well for the next Bitcoin which is worth about 40k these days but Elon does note the fact that Dogecoin doesn't have a cap or finite limit sitting in the long room. He also gave some advice to new investors looking to get into crypto and it basically amounts to this show a roll of dice but not all your dice, watch yourself. One last thing, Elon tells us crypto appears to be where money is headed but the question still remains which one will come out on top. He vouches for Dogecoin as having a shot at being the top. Well, what started out as a meme jerk could be the next bank. As he put it, fate loves irony. Brilliant, fate loves irony. Don't forget to like the video and share the video about and help grow the channel. I'll see you in the next one.