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I've always been fascinated by how Elon Musk's involvement in crypto has truly impacted the entire industry. This guy can move the market with his tweets, and his cryptocurrency portfolio is practically a map of what he considers important in blockchain.
He started with Bitcoin in 2021 when Tesla announced an investment of $1.5 billion. Although they later sold most of it, Musk confirmed that he personally holds BTC. Now, Bitcoin is worth around $67,620, up 1.44% in the last 24 hours. To him, it's digital gold, a store of value on a completely different level.
The second in his portfolio is Ethereum. Musk revealed this at a conference in 2021, and it makes sense—smart contracts, DeFi, NFTs, entire ecosystems built on ETH. Currently, Ethereum is valued at $2,060 with a 2.76% increase. It’s a key player in the blockchain space for him.
But wait, the coolest part is Dogecoin. It’s his favorite, and he’s not hiding it. From calling DOGE a “people’s cryptocurrency” to promoting it at Tesla and SpaceX—Musk’s support has changed the game for this coin. Dogecoin is now at $0.09, up 2.20%. Musk loves its meme history but also believes in its practical use as a medium of exchange due to low fees.
Interestingly, there are also rumors about what else he might own. Shiba Inu, Floki Inu—all these meme coins attract attention mainly because his tweets cause market movements. Even if he denies owning them, his influence on the Elon Musk crypto sector is undeniable.
This shows how one person can shape the direction of the entire cryptocurrency market. Whether you agree with him or not, his interest in crypto has defined the past few years of the industry.