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Seriously, I found out that Elon Musk has way more cryptocurrencies in his portfolio than we thought. Like, we already know he's crazy about Dogecoin, but there's more to it.
Starting with the obvious: Bitcoin. Back in 2021, Tesla invested 1.5 billion dollars in the currency, and even though he sold most of it later, Elon confirmed that he personally still holds BTC. Makes sense, right? Digital gold indeed. Ethereum has also been in his wallet since that The ₿ Word conference in 2021. Ethereum is like the foundation of all the innovative stuff happening on the blockchain—smart contracts, DeFi, NFTs, you know?
But Dogecoin is really his favorite. He doesn’t hide it. Promotes it for use at Tesla, SpaceX, calls it the people's crypto. The community loves it, transaction fees are low, and the meme factor is real.
Now here’s the interesting part: there’s speculation about Shiba Inu (SHIB) and Floki Inu (FLOKI). Elon denies owning SHIB, but his tweets about dog-themed coins really shake up the market. And Floki was literally named after his Shiba Inu dog.
The truth is, Elon Musk’s cryptocurrencies have this insane market-moving power. Any tweet from him and people rush to buy. Do you believe he really holds all of this?