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

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

In a tweet at this time from the Tesla CEO, Musk said 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 known as X Æ A-Xii — pronounced “ex ash eh twelve” — with the final two syllables an homage to Lockheed’s A-12 plane.

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

Nonetheless, the world’s second richest man is just not the one billionaire who seemingly thinks the token has potential. Dallas Mavericks proprietor Mark Cuban said on Monday that DOGE is the “greatest leisure bang in your buck out there” on the crypto market and doesn’t suppose it’s a “dangerous look” for traders to contemplate it.

With cryptocurrencies changing into extra prominently featured within the information, there are various folks below 18 years previous taken with how they will 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, dad and mom like Musk can typically reward their kids digital belongings. Cuban has additionally bought his 11-year-old son Jake $5 price of DOGE.