How many Dogecoins does Elon Musk have? $100,000, $1 million, or is it a whale?

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Each week, Benzinga conducts a survey to gather sentiment on what traders are most interested in or concerned about when managing and building their personal portfolios.

This week, we asked the following question to visitors to Benzinga: how much Dogecoin (CRYPTO: DOGE) do you think Elon Musk owns?

Here are the full results of this week’s survey:

  • Under $100,000, just for fun: 5.2%
  • Around $1,000,000 is a true believer: 62.3%
  • Several billion dollars, he is one of the whales: 32.5%

See also: Dogecoin Vs. Shiba Inu

In recent news, Tesla Inc. (NASDAQ: TSLA) began accepting and labeling goods on its online store at Dogecoin earlier this month. Items listed in the “lifestyle” section of his store, such as the Giga Texas Belt Buckle, Cyberquad for Kids, and the Cyberwhistle, were priced at DOGE… Read more

It’s no secret that Musk’s Dogecoin-related antics on Twitter have led to massive price swings for the same crypto. In a week where the broader cryptocurrency market has fallen sharply, it remains to be seen whether Musk’s tweets about Dogecoin can support further near-term gains.

At press time, Dogecoin was trading around $0.1381, down 22% in the past week.

This survey was conducted by Benzinga in January 2022 and included responses from a diverse population of adults aged 18 or older.

Participation in the survey was completely voluntary, with no incentives offered to potential respondents. The study reflects the results of more than 1,000 adults.

Photo: Courtesy of Telenovelas Foro on Flickr

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