Ever since the infatuation between Elon Musk and the meme-based cryptocurrency dogecoin, a number of people have looked at the asset critically. News.Bitcoin.com recently reported on the mysterious dogecoin wallet that absorbed more than 27% of the coin's supply since February 6, 2019. This week, the dogecoin wallet with $3 billion worth of the crypto asset has been creating odd transactions with binary messages, further adding to the speculation that the address might be Musk's wallet.

Cryptic Binary Code, Elon's Birthday, and Transaction Gibberish

The cryptocurrency dogecoin has catapulted seeing 'much value' and shibes everywhere have been saying "wow." The founder of Tesla, Elon Musk, has been one individual who has created a lot of hype around the meme-based crypto asset.

But Musk hasn't been the only one, as people have placed signs in Times Square in New York telling people in the city they should "buy DOGE." On social media, there are many dogecoin fans shilling the token relentlessly in an attempt to get the price to $1.

In addition to the growing popularity of dogecoin, news.Bitcoin.com recently reported on the billion-dollar DOGE address that consumed over 27% of the entire supply since 2019.

A touch over a month later, after the address received its first transaction on February 6, on April 2, Musk said: "dogecoin might be my fav cryptocurrency" Since then, the dogecoin address has managed to gather around 36.8 billion DOGE worth $3 billion today. In more recent days, speculators have assumed that the billion-dollar dogecoin address belongs to the Tesla founder.