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Hey, I found some interesting things about Elon Musk's cryptocurrency and I kept thinking... this guy really has a crypto portfolio. Like, in 2021 when Tesla invested $1.5 billion in Bitcoin, everyone thought it was just a corporate move, but Musk confirmed that he personally still holds BTC. Makes sense, right — he sees it as digital gold, that store of value.
But what caught my attention is that it’s not just Bitcoin. Elon Musk’s cryptocurrency includes Ethereum too; he revealed that at a conference in 2021. Ethereum kind of makes sense to him considering all the smart contracts, DeFi, NFTs — the guy understands technology, so he probably sees the potential there.
Now, Dogecoin is another story. Musk doesn’t hide that he loves DOGE, calls it the “people’s crypto” and all that. Promotes using it at Tesla and SpaceX, you know? He’s into the meme side of things, but also believes it works as a medium of exchange because of the low fees.
There are rumors about other coins — like Shiba Inu and Floki — but he denies SHIB and there’s no confirmation about Floki. What’s certain is that any tweet from him about Elon Musk’s cryptocurrency moves the entire market. Crazy stuff, honestly.