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I've noticed that Elon Musk's cryptocurrency theme still generates a lot of interest in the community. Let's figure out exactly which assets this tech billionaire holds and why they are worth paying attention to.
Let's start with the most obvious. Bitcoin is classic. Musk publicly supported it back in 2021 when Tesla announced a $1.5 billion investment in cryptocurrency. Although the company later sold off most of it, Musk himself confirmed that he personally continues to hold BTC. It’s understandable why — Bitcoin is the king of crypto, digital gold that preserves value. By the way, it’s currently trading at around $78,000 with a market dominance above 57 percent.
Next is Ethereum. The second-largest asset by market cap is also in his portfolio. This was revealed at the conference The ₿ Word in the same 2021 year. The logic is simple — Ethereum is the foundation for smart contracts, DeFi, and NFTs. It’s a serious player in the ecosystem. The current price is about $2,300, with a market share of roughly 10 percent.
And then there’s Dogecoin — this is already Musk’s favorite asset. He doesn’t hide it. He calls it a cryptocurrency for the people, promotes its use in Tesla and SpaceX. Why? Because Dogecoin has low fees, an active community, and a generally funny origin. It’s now trading at around 11 cents, showing how much Musk’s support has influenced this project.
There are also rumors about other coins. Shiba Inu and Floki Inu are often mentioned in the context of his interests, although there’s no direct confirmation of ownership. But Musk’s tweets about them sometimes cause serious market movements.
Overall, it’s clear that Elon Musk’s cryptocurrency holdings are not just speculation. They are a strategic selection of assets he considers important for the future. And the market reacts to this. If you’re interested in these assets, you can track their movements on Gate.io and form your own opinion about each one’s potential.