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Alright, I read that Elon Musk keeps acting as the crypto master of Elon Musk, and honestly, it's fun to follow his market moves. Let's start with Bitcoin: in 2021, Tesla invested 1.5 billion dollars and he still holds some in his wallet. Today, BTC is around 81k, and he sees it as digital gold, basically the most serious store of value. Then there's Ethereum, which he confirmed owning during a conference a few years ago. With ETH at 2.27k, the guy recognizes the value of smart contracts and a serious blockchain.
But let's get to the good part: Dogecoin. This is his true love, he doesn't even hide it. He calls it the people's crypto and has tried to get it used in Tesla and SpaceX. DOGE today is at 0.12, and honestly, Musk's support has completely changed the perception of this meme coin. Then there are the rumors: Shiba Inu and Floki Inu. He denies owning SHIB, but his tweets about dogs and themed coins still move the market. Floki is named after his Shiba Inu dog, and even if it's not confirmed that he owns it, it's clear that Elon Musk's crypto influences everything he touches.
In short, the guy is a kind of crypto market kingmaker. Whether it's Bitcoin with 57% market dominance or meme projects like Dogecoin, everything Musk touches becomes relevant. What do you think, do you trust following his moves or do you think it's too risky?