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I was looking into some things about Elon Musk's cryptocurrencies and found it pretty interesting. Like, the guy really owns Bitcoin, Ethereum, and Dogecoin, it's not just talk. Remember when Tesla invested $1.5 billion in Bitcoin in 2021? Well, Musk confirmed that he still personally holds BTC, treating it as a "digital gold" himself.
What also stands out is that Ethereum is in his portfolio too. Makes sense because DeFi, NFTs, and all that stuff run on Ethereum. But like, his favorite is clearly Dogecoin. He doesn't hide it - promotes it everywhere, says it's the "people's crypto," low fees, strong community. It's pretty obvious why he likes it.
There are also rumors about Shiba Inu and Floki Inu, but that gets more murky. Musk denies owning SHIB, but his tweets about dog-themed coins shake up the market quite a bit. Floki was literally named after his dog, but there's no proof he owns it. Anyway, it's crazy how Elon Musk's cryptocurrency influences all this, right? One tweet and the market moves. Such power.