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Man, I'm seeing this story again about the coins Elon Musk has in his wallet and I keep thinking... is it all really true? The guy literally tweets and the entire market moves, it's kind of crazy. So let's get into the details of the Elon Musk coins that we know he actually touches.
We know Bitcoin is serious - Tesla invested 1.5 billion there in 2021 and Elon confirmed he still holds BTC personally. Today, Bitcoin is around 80K, quite different from back then. Ethereum is also confirmed that he owns it, revealed this at the "The ₿ Word" conference in 2021. Elon Musk's favorite coin is actually Dogecoin, no one disputes that. He calls it "the people's crypto" and doesn't hide that he believes in its potential.
Now, the controversial part - some people think he owns Shiba Inu, but he denied it himself. Floki Inu was named after his Shiba Inu dog, but there's no proof that he actually owns it. The funny thing is that any tweet he makes about these Elon Musk coins with a dog theme causes chaos in the market. Like, he mentions "Floki" and the coin skyrockets. It's like a superpower in finance.
The question is: to what extent do we follow what Elon is doing or do we think for ourselves? Because clearly he has an absurd influence over these assets. Do you think he really believes in these coins or is it more of a market game?