Elon Plans to Sell Tesla Shares, Traders Bullish on BTC and DOGE -Breaking
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© Reuters. Elon intends to sell Tesla shares; traders are bullish about BTC and DOGE- Elon made a poll asking for help in selling 10% of Tesla stock (NASDAQ)
- Twitter fans (NYSE:) are bullish for BTC and DOGE.
Investors and governments all over the world continue to acknowledge cryptospace. Many countries accept cryptocurrencies as a payment method. Its decentralized nature, and technology that underpins it are the reasons for this. Elon Musk, one of the most prominent figures in the world who believe in the power and potential of cryptocurrency.
Elon conducted a recent Twitter survey asking for his followers’ opinions on whether they would sell 10% of their Tesla stock shares.
Many people are claiming that unrealized gains can be used to dodge taxes. I suggest selling 10% my Tesla stock.
Are you in favor of this?
— Elon Musk (@elonmusk) November 6, 2021
Different opinions were expressed in the Twitter cryptocurrency community by Elon’s tweet. There are some that support while some that don’t, and others that do not react at all. Luci, who is both a cryptocurrency and stock streamer supports Elon’s stock selling plan.
It is exciting for @elonmusk that he will sell 10% of Tesla Stock to buy #Bitcoin and #dogecoin, causing prices rise in euphoria. Tesla then accepts again + Tesla would be literally the PUMP OF ALL Pumps ever pumped in this universe.
— Luci (@livingwithluci) November 7, 2021
Luci tweeted that she was excited for Elon’s sale of his 10% stock and to buy BTC/Doge. This could also trigger an unprecedented price rise in crypto. Elon didn’t mention purchasing DOGE or BTC, however.
BTC trades at over $60k bullish, while DOGE trades for $0.26 per cryptocurrency at the time this article was written. Both cryptos, which are Elon Musk’s favorite digital assets, are among the top ten cryptocurrency assets on CoinGecko.
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