So, I just read something interesting about the cryptocurrencies Elon Musk owns, and I have to say, the guy is really unique. Like, he has really influenced the market with his tweets—no joke. Starting with Bitcoin: in 2021, Tesla invested $1.5 billion, and Musk confirmed he still personally owns some. Today, Bitcoin is at $69.76K and dominates the market with a 55.71% market cap. For him, it's like digital gold—a serious store of value. Then there's Ethereum, which Musk admitted to owning during a conference in 2021. Ethereum is now at $2.15K, holding nearly 10% of the market. It makes sense he likes it, given all the buzz around smart contracts and DeFi. But Musk's true favorite? Dogecoin, of course. He literally promoted DOGE as a payment currency for Tesla and SpaceX, calling it "the people's cryptocurrency." Now, DOGE is at $0.09 with a market cap of $14.30 billion. What surprises me is how he denied owning Shiba Inu, yet his tweets about Floki and other dog-themed coins have always moved the market. Floki Inu, named after his dog, but there’s no concrete proof he owns it. Anyway, Musk and cryptocurrencies remain a fascinating duo, don’t they?

BTC-0,65%
ETH-1,08%
DOGE-1,7%
SHIB-2,61%
View Original
This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.
  • Reward
  • Comment
  • Repost
  • Share
Comment
Add a comment
Add a comment
No comments
  • Pin