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You know that guy who can move the entire market with a tweet? Well, Elon Musk and his cryptocurrencies have practically become synonymous with volatility. But have you ever stopped to think about what exactly he has in his wallet? Because it’s not just Dogecoin, you know.
Let’s start with the obvious: Bitcoin. Back in 2021, Tesla made that explosive announcement of investing $1.5 billion in BTC, and Musk confirmed he still holds some personally. Bitcoin is now at $81.30K, dominating with 57% of the crypto market. For him, it’s like digital gold.
Then there’s Ethereum, which he revealed owning during that chat in 2021. ETH is at $2.28K with 9.69% of the market, making sense for those who believe in smart contracts and DeFi. But everyone knows that Elon Musk’s true passion for cryptocurrencies is Dogecoin, right? He calls it “the people’s crypto,” wants to use it for payments at Tesla and SpaceX, and DOGE is currently trading at $0.12. Low fees, active community, and that meme vibe Musk enjoys.
There’s also the story of Shiba Inu and Floki Inu, which he denies owning, but his tweets about these dog-themed coins cause strange movements in the market. Suspicious? Maybe. But that’s what makes Elon Musk and his cryptocurrencies so interesting to follow. You never know what’s coming next.