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I noticed an interesting thing—Elon Musk’s cryptocurrency is not just a meme; it’s a real part of the portfolio of one of the most influential people on the planet. Musk, CEO of Tesla and SpaceX, has long become synonymous with the cryptocurrency market. His tweets can move prices, so it’s worth figuring out exactly what he invests in.
Let’s start with the main one—Bitcoin. Back in 2021, Tesla announced the purchase of BTC worth 1.5 billion dollars. Although later the company sold most of its position, Musk himself confirmed that he personally continues to hold bitcoin. Right now, BTC is trading at about 80 thousand dollars, with a market capitalization of more than 1.6 trillion. For Musk, it’s digital gold—a reliable store of value.
The second whale in his portfolio is Ethereum. Musk openly admitted this at the The ₿ Word conference in 2021. ETH is currently worth about 2.3 thousand dollars, and that’s no coincidence—Ethereum’s smart contracts power the entire DeFi and NFT ecosystem. Musk sees it as a serious player in the cryptocurrency space.
But honestly, Musk’s favorite is Dogecoin. He doesn’t hide his fondness for DOGE, constantly mentions it in tweets, and even suggested accepting it as payment at Tesla and SpaceX. DOGE is trading at roughly 11 cents, and although it started as a joke, Musk believes in its potential as a means of payment thanks to low fees and a vibrant community.
Besides the main trio, rumors circulate about other coins. Shiba Inu—Musk denies owning SHIB, but his posts about dog coins regularly influence the market. Floki Inu, named after his dog, has also gained attention, even though there is no direct proof of ownership. Right now, FLOKI is up 5.7% over the past day.
Overall, Elon Musk’s cryptocurrency is not just an investment; it’s his philosophy. Musk believes in decentralization and sees cryptocurrencies as the future of finance. His portfolio reflects that belief, and the market closely watches every move he makes.