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Interesting topic—how much do we really know about which cryptocurrencies Elon Musk holds? This guy has incredible influence over the markets: just one tweet and prices go wild. That’s why many people obsessively track his moves in crypto.
Let’s start with the obvious—Bitcoin. Musk publicly admitted that he owns BTC as far back as 2021, when Tesla announced an investment worth 1.5 billion dollars. Later, Tesla sold most of it, but Musk himself claims that he holds Bitcoin personally. For him, it’s digital gold—a store of value in times of inflation. Today, Bitcoin is valued at about $77.34 thousand, slightly down by 0.75 percent.
Next comes Ethereum—the second-largest beast by market capitalization. Musk revealed that he has ETH during his speech at a conference in 2021. Ethereum’s smart contracts are the foundation of the entire DeFi and NFT ecosystem, so Musk sees this as a serious player. The current price is about $2.12 thousand, down 0.60 percent.
But where it gets most interesting is Dogecoin. It’s his favorite—he doesn’t even try to hide it. From the moment he began promoting DOGE as “a cryptocurrency for the people,” to proposals to use it in Tesla and SpaceX—his support completely changes the game for this asset. Dogecoin has low fees, an active community, and a fun meme-based history. It’s now trading at around $0.11, up slightly by 0.11 percent.
Of course, there are also speculations about other coins in his portfolio. Shiba Inu, Floki Inu—all these meme coins are gaining popularity, partly thanks to his tweets. Although Musk himself denies holding SHIB, his remarks about dog-themed coins always trigger market moves.
This shows just how powerful one person’s impact on kryptowaluty can be. When Elon Musk speaks, the market listens. That’s why tracking his crypto interests is a must for many people when analyzing the market.