**5 Crypto Coins Elon Musk Owns – You Won’t Believe #5! 🚀**
Elon Musk, the billionaire behind Tesla and SpaceX, is no stranger to the crypto world. Known for influencing the market with just a tweet, many call him “The Dogefather.” But which cryptocurrencies does Musk actually hold? Let’s break it down:
**1. Bitcoin (BTC)**
Musk made headlines in 2021 when Tesla bought \$1.5 billion worth of Bitcoin. Though the company later sold most of it, Musk himself confirmed he still personally holds BTC.
🔹 *Why BTC?*
He sees it as "digital gold" — a reliable store of value with the largest market cap.
**2. Ethereum (ETH)**
At the 2021 "₿ Word" event, Musk revealed he owns ETH as well.
🔹 *Why ETH?*
With smart contracts, NFTs, and decentralized apps built on it, Ethereum plays a key role in the crypto ecosystem — a major reason Musk finds it valuable.
**3. Dogecoin (DOGE)**
DOGE is Musk’s clear favorite. He’s called it “the people’s crypto” and even enabled DOGE payments at Tesla and SpaceX.
🔹 *Why DOGE?*
Its meme roots and active community, plus low transaction costs, make it ideal for everyday use in Musk’s view.
**4. Potential Holdings (Unconfirmed but Speculated)**
🔸 *Shiba Inu (SHIB):* Despite rumors, Musk has denied owning SHIB — though his tweets have still affected its price.
🔸 *Floki Inu (FLOKI):* Named after his dog, this coin got attention following Musk's posts. No confirmation of ownership, though.
Musk’s crypto activity often sparks massive market movement — so even his hints are watched closely.
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@WalletConnect