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Hey, I was looking into Elon Musk's cryptocurrencies and found it really interesting. The guy definitely has a very specific portfolio in this market.
So, Bitcoin is obvious – in 2021, Tesla invested $1.5 billion, and even after selling a good portion, Musk still holds BTC. It makes sense, it's like digital gold, the most solid cryptocurrency out there. Right now, it's around $78.57K.
But what really catches attention is Dogecoin itself. It's not just a joke; the guy truly believes in DOGE as a means of payment. He proposed using it at Tesla and SpaceX. The cryptocurrency is currently valued at $0.11, and the community is insanely active. Musk talks about meme origins and stuff, but he actually sees real potential there.
Ethereum is also in his portfolio – he confirmed this in 2021 at a conference. The second-largest cryptocurrency by value, with all the smart contracts and DeFi infrastructure running on top. It's at $2.31K now.
There’s all this speculation about other coins like Shiba Inu and Floki, but nothing confirmed. What’s certain is that any tweet he makes about Elon Musk’s cryptocurrency moves the entire market. Like, the guy is practically the number 1 influencer in this space.
Do you think he really believes in these cryptocurrencies, or is it more for attention? Because his influence is insane.