Cardano

ELON Coin

Dogecoin

Elon Musk

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During a recent&nbsp;<a href="https://www.youtube.com/watch?v=wiCmZL3T86Y&amp;ab_channel=ThinkingCrypto">appearance</a> on the Thinking Crypto podcast, Cardano founder Charles Hoskinson suggested that Tesla CEO Elon Musk routinely promotes Dogecoin on his social media profile due to owning a large portion of its supply. At the same time, he does not rule out that the controversial entrepreneur might simply like the cryptocurrency logo:&nbsp;
"He's a legendary entrepreneur, and no one can challenge…He's a magical guy. He's really like a sphinx. Hard to understand his motivations and understand why he does what he does. Why does he have this bizarre fetish for Dogecoin? Is that he owns 20% of the supply? Or is it just he just likes the f*****g logo? You just don't know with a guy like that. That's the magic of Elon Musk," he said.&nbsp;&nbsp;
Musk himself&nbsp;<a href="https://www.cnbc.com/2021/10/25/elon-musk-on-his-crypto-portfolio-and-why-he-supports-dogecoin.html">confirmed</a> that he was a Dogecoin holder back in 2021 after helping to propel the meme coin to all-time highs earlier this year.&nbsp;
<h2 id="no-reciprocity">No reciprocity&nbsp;</h2>
The Cardano team has offered free work with verified tweets due to the current predicament with bots, but there is always silence on Musk's part, according to&nbsp;<a href="https://u.today/charles-hoskinson-breaks-silence-on-biggest-event-in-cardanos-history">Hoskinson</a>.
"I even know Kimbal Musk, and I've talked to him on several occasions. And I know many people in Elon's orbit. And never once has he mentioned Cardano or, or me, or anything…For some reason, we can't break through. I don't know why. He's certainly aware of crypto. Maybe he's got people in his social circle that don't like me," he added.&nbsp;
It makes him "sad" because he is an X user with a million followers on the platform. He added that this kind of social capital is very valuable to him. "I would like to see X succeed and grow, and if we could ever be part of helping that out one way or the other, I would like to do that," he added.

Elon Musk Might Own 20% of Dogecoin's Supply, Cardano Founder Suggests

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