If you want to know which cryptocurrencies Elon Musk holds, the answer may surprise you. This tech billionaire, who has become an unofficial crypto ambassador, has a quite specific wallet, and his investment decisions have influenced markets more than many institutional players.

Let's start with Bitcoin. Musk first publicly supported BTC in 2021, when Tesla announced an investment worth 70.93k dollars. Although Tesla later sold most of its bitcoins, Musk himself confirmed that he still personally owns BTC. He sees it as digital gold, a store of value in the crypto world. Today, Bitcoin costs around 70.93K, and its market dominance is truly unprecedented.

The second position in Musk's wallet is Ether. He revealed this during a speech at a conference in 2021. Ethereum attracts him with the possibilities of smart contracts, the entire DeFi and NFT ecosystem. Ethereum is a significant player for him in the blockchain space. Currently, ETH is trading around 2.19K.

But when it comes to his favorite, it's definitely Dogecoin. Musk has never hidden this. From promoting DOGE as a cryptocurrency for people, to supporting it as a means of payment in Tesla and SpaceX, his support changes the game for this asset. Beyond meme jokes, Musk believes in the practical use of Dogecoin thanks to low fees and an engaged community. DOGE is currently trading at about 0.09.

It's also worth mentioning the speculation. Although Musk denies owning Shiba Inu, his tweets about dog coins regularly move the market. This shows how much influence Elon Musk has on cryptocurrencies, sometimes even without direct involvement. His attitude toward this sector is a mix of pragmatism and playfulness, making it always interesting to watch his moves in crypto. If you invest in cryptocurrencies, it's worth following what Musk does, because his decisions often impact the entire market.