Elon Musk has named the condition under which he will give anyone 1 million Dogecoin tokens

The eccentric billionaire Elon Musk does not stop talking about the Dogecoin cryptocurrency even despite accusations of creating a pyramid scheme. The Twitter owner promised to give 1 million DOGE tokens to anyone, but there is one condition.

Journalists have repeatedly spread rumors that Musk owns a so-called emerald mine. Information about this appeared in 2014, when Elon Musk allegedly admitted in an interview with Forbes that his father owned such a mine in Zambia. Currently, there is no evidence that the businessman owns such a mine, but the rumors continue. Elon Musk has promised to give 1 million DOGE to the person who finds such a mine.

What does a dyslexic, agnostic amnesiac who believes in crypto do?

Lies up all night thinking about Doge.

— Elon Musk (@elonmusk) April 10, 2023

One Twitter user offered 69,420 DOGE to journalists who would prove the existence of Elon’s emerald mine. The billionaire replied to the tweet, increasing the reward to 1 million DOGE (about $ 83,000) for anyone who finds such a mine.

Obviously, Musk’s confidence and determination to pay big money suggests that the Twitter owner does not own any mines. However, a new wave of rumors allowed Elon to once again «advertise» the meme token. It is because of his participation in the Dogecoin dump and dump that DOGE investors accused the billionaire of creating a pyramid scheme.

Attorney Evan Spencer, who represents the investors, said that money on Dogecoin transactions was lost due to Musk’s manipulation of its price. As a result, the market capitalization of the cryptocurrency decreased by $ 86 billion. One of the cases of the meme cryptocurrency’s pump and dump occurred when Musk changed the Twitter logo to the image of the DOGE symbol. Initially, the price of DOGE rose by 30%, but a few days later, the price dropped — all because the familiar blue bird logo returned.