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Really, does Elon Musk have all these coins in his portfolio? I found it interesting to discover that besides Bitcoin and Ethereum, the guy really has Dogecoin as his favorite. Like, it’s not just some random tweet, he truly believes in DOGE’s potential as a means of payment, mainly because of the low fees.
Bitcoin still remains his obvious choice — that digital gold everyone with money wants to own. But what’s most striking is how Dogecoin has become like his mascot. From “the people's crypto” to trying to use it at Tesla and SpaceX, his support has really moved the market. Ethereum is also in his portfolio because of smart contracts and DeFi, that makes sense.
Now, there’s that talk about Shiba Inu and Floki Inu, which is more speculation. He denies owning SHIB, but those tweets about “Floki” always cause movement. And Floki was even named after his dog, but no confirmation if he actually owns it. These Elon Musk and meme-based cryptocurrencies connections are really curious, aren’t they?
With Bitcoin at 80.83K, Ethereum at 2.29K, and Dogecoin at 0.11, his portfolio must be pretty interesting right now. Do you think he’ll keep this strategy or change his mind?