Elon Musk is one of those billionaires whose every tweet can shake the entire cryptocurrency market. As CEO of Tesla and SpaceX, he has a huge influence on the crypto community, and his attitude towards cryptocurrencies is truly interesting. It's worth taking a closer look at what crypto assets he actually owns and why.

Let's start with Bitcoin. Tesla announced in 2021 that it was investing $1.5 billion in BTC, and Musk publicly supported this decision. Although Tesla later sold most of its holdings, Musk himself confirmed that he still personally holds Bitcoin. For him, it’s digital gold—a store of value with unmatched dominance in the market. Today, BTC is valued at around $78,480.

The second important cryptocurrency in Musk’s portfolio is Ethereum. Musk revealed this during the Bitcoin 2021 conference. Ethereum is for him more than just a coin—it’s the foundation of the entire DeFi, NFT, and innovative blockchain application ecosystem. The current ETH price hovers around $2,310.

But when it comes to genuine enthusiasm, Dogecoin is Musk’s favorite. He doesn’t hide it—ranging from promoting DOGE as a “people’s cryptocurrency” to supporting it as a payment method at Tesla and SpaceX, his influence on this coin is enormous. Dogecoin attracts him with its fun history and potential as a practical exchange tool due to low fees. Currently, DOGE costs about $0.11.

Interestingly, there is a lot of speculation about other cryptocurrencies Musk might own. His tweets about Shiba Inu or Floki Inu caused significant market movements, although Musk himself denies direct ownership of these coins. This shows how huge Elon Musk’s influence is on the entire ecosystem.

Regarding his investment strategy, Musk treats cryptocurrencies as part of a larger vision of the future. Bitcoin is his digital gold, Ethereum is future technology, and Dogecoin is a coin for ordinary people. His crypto portfolio reflects his views on what cryptocurrencies should be.

It’s worth keeping an eye on Musk’s moves in the crypto space because his decisions often have a significant impact on the market. If you’re interested in what other assets might be in Musk’s portfolio or want to track his favorite coins, it’s worth visiting Gate, where you can monitor prices and trends related to this billionaire’s cryptocurrencies.