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I wonder how much Elon Musk influences the cryptocurrency market with his moves. This guy is practically a crypto influencer, and his interest in cryptocurrencies has a real impact on prices. It's worth considering exactly what he holds in his wallet.
It all started with Bitcoin. In 2021, Tesla announced it had invested $1.5 billion in BTC. Although it later sold most of its holdings, Musk himself confirmed that he still owns Bitcoin. To him, it's digital gold, a store of value for the future. Bitcoin still costs around $67,000, though today it’s slightly down.
But that’s not the end of his portfolio. Ethereum is also there. Musk revealed this during the Word ₿ conference in 2021. ETH is for him more than just another coin — it’s the foundation of the entire DeFi, NFT, and smart contract ecosystem. Currently, Ethereum is hovering around $2,040.
And finally, Dogecoin. Musk doesn’t hide his fondness for it. DOGE is his favorite; he called it the people's cryptocurrency and actively promotes its use. Humor, memes, low transaction fees — all of this resonates with his vision. The current price of DOGE is about $0.09.
There are also rumors about other coins related to Elon Musk crypto. Shiba Inu, Floki Inu — all these dog-themed tokens. Musk denies owning SHIB, but his tweets about such projects always trigger market movements. This shows how powerful his influence on the entire industry is.
When you add it all up, it’s clear that Musk takes cryptocurrencies seriously. It’s not just speculation for him but a genuine vision of the future of technology and money. That’s why every one of his crypto tweets still causes a market stir.