An interesting thing—Elon Musk and his relationship with cryptocurrencies—is probably one of the biggest phenomena in the market. The guy really has the power to change prices with a single tweet. I’ve been wondering lately which specific crypto assets he holds, because his influence on the industry is truly enormous.

It started in 2021, when Tesla announced an investment of $1.5 billion in Bitcoin. Musk personally confirmed that he still owns BTC, although Tesla sold most of its holdings. For him, Bitcoin is something like digital gold—a store of value for the future. Today, the price is hovering around $78.22K, up about 1.54% over the day. This shows how Bitcoin remains a key asset for serious investors.

The second position in his portfolio is Ethereum. Musk revealed this during the Word ₿ conference in 2021. To him, Ethereum is more than just a cryptocurrency—it’s the foundation for smart contracts, DeFi, NFT, and the entire application ecosystem built on blockchain. Etna currently costs about $2.30K, up 1.10%. It’s clear that Elon Musk treats cryptocurrencies from a long-term perspective rather than a speculative one.

But this is where things get interesting—his favorite is Dogecoin. He doesn’t make a secret of it. From promoting DOGE as a “people’s cryptocurrency” to proposing using it for payments in Tesla and SpaceX, Musk has completely changed the game for this asset. Dogecoin has its own funny history and memes in its DNA, but Musk sees real potential in it as a medium of exchange thanks to low fees and a strong community. The price is now around $0.11, though today it’s slightly down by 0.28%.

Interestingly, Elon Musk picks cryptocurrencies with a certain strategy. There’s also speculation about other coins in his wallet—Shiba Inu or Floki Inu—but Musk denies owning SHIB. His tweets about dog coins really do move the market, which shows just how big his influence is.

As for the whole situation, it’s clear that Elon Musk views cryptocurrencies as part of the future of technology and finance. Bitcoin as a store of value, Ethereum as infrastructure for innovation, Dogecoin as a medium of exchange—each one has its own role. That’s why watching his moves is always worth it for anyone following the crypto market.