I just reviewed something interesting about Elon Musk's crypto portfolio. This guy has moved entire markets with his tweets, so it’s worth understanding which cryptocurrencies he actually owns and why.

First is Bitcoin. Musk publicly adopted BTC in 2021 when Tesla put $1.500 billion into the cryptocurrency. Although Tesla sold most of its holdings afterward, Musk confirmed that he personally still holds Bitcoin. He sees it as digital gold, a serious store of value. Today, it trades at around 66.88K, so the position is still relevant.

Next is Ethereum. During the conference The Bitcoin Word in 2021, it came to light that Musk also has ETH in his portfolio. That makes sense, considering that Ethereum is the foundation of DeFi, NFTs, and innovative blockchain applications. It’s currently at 2.04K.

But when it comes to Musk’s relationship with crypto, Dogecoin is the real favorite. He doesn’t hide it at all. He has called DOGE the people’s cryptocurrency, promoted its use at Tesla and SpaceX, and his tweets about this have caused massive market moves. He appreciates its meme origins and its potential as a payment method thanks to low fees. It currently hovers around 0.09.

Now, there’s a lot of speculation about other coins. Shiba Inu and Floki Inu have gained attention partly because of their associations with Musk, although he has denied being the owner of SHIB. His tweets about dog-themed coins have triggered notable market movements.

What’s interesting is that Musk doesn’t just invest in crypto—his public comments can move entire markets. That makes him a key figure for understanding the sector’s movements.