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Crypto Discussion Forum => Cryptocurrency discussions => Topic started by: Gideon99 on February 22, 2024, 06:48:35 AM

Title: Which Cryptocurrencies Does Elon Musk Own?
Post by: Gideon99 on February 22, 2024, 06:48:35 AM
Elon musk is vocal about cryptocurrencies during event mostly on Twitter, Elon have invested so heavily in crypto because of is confidence on cryptocurrency. Elon musk only own three cryptocurrencies Bitcoin, ether and DOGE coin.
Title: Re: Which Cryptocurrencies Does Elon Musk Own?
Post by: Crwth on February 22, 2024, 07:26:27 AM
I thought you were asking about it or something. So you are sure about him having the following coins?

I'm not sure he said it publicly though. I just know that his companies have those HODLings in different cryptocurrencies. Those are the three that I know as well.
Title: Re: Which Cryptocurrencies Does Elon Musk Own?
Post by: TomPluz on February 22, 2024, 07:51:51 AM
Elon musk is vocate about cryptocurrencies during event mostly on Twitter, Elon have invested so heavily in crypto because of is confidence on cryptocurrency. Elon musk only own three cryptocurrencies Bitcoin, ether and DOGE coin.

I think you mean vocal instead of "vocate" which may have another meaning in relation to the strong support and promotion that a famous man named Elon Musk has had been throwing on cryptocurrency most especially Dogecoin and Bitcoin in the past. Right now, I am not sure if he is still promoting a specific coin or token as he must have learned his lessons already to not tell the world a lot on his preferences and biases with the cryptocurrency industry. Now that X is about to integrate a payment system to the social media platform, the market is exciting to see which coins will be integrated into the system which am sure can be a big boost to the whole crypto industry. Elon Musk is a big influencer and he has proven his power of the word in the past...let's see how his X can be a moving force in the industry this time.

Title: Re: Which Cryptocurrencies Does Elon Musk Own?
Post by: MrSpasybo on February 22, 2024, 06:13:39 PM
Elon musk is vocal about cryptocurrencies during event mostly on Twitter, Elon have invested so heavily in crypto because of is confidence on cryptocurrency. Elon musk only own three cryptocurrencies Bitcoin, ether and DOGE coin.
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Back to topic:
Elon Musk rarely shares his crypto portfolio, but a recent post shared:

For years, the CEO of Tesla and Dogefather have championed this meme coin community. He said that he directly owned Dogecoin, Bitcoin and Ethereum before[1].

Additionally at The B Word conference in June 2021, Elon Musk revealed he owns 3 cryptocurrencies: Bitcoin, Ethereum, Dogecoin[2].

To me, it doesn't really matter which crypto Elon Musk holds, it would be better if Tesla, SpaceX and X held or accepted payment in a few tokens. That will increase crypto adoption in Elon Musk's ecosystem and become the driving force for those tokens to grow.

[1] Elon Musk Confirms He Still Owns A “Bunch” Of Dogecoin, So Why Are Investors Deserting Him For This New Altcoin? (https://coinpedia. org/press-release/why-are-investors-deserting-elon-musk-for-this-new-altcoin/)
[2] Which Cryptocurrencies Does Elon Musk Own? (https://www.nasdaq.com/articles/which-cryptocurrencies-does-elon-musk-own)
Title: Re: Which Cryptocurrencies Does Elon Musk Own?
Post by: I-Bit on February 22, 2024, 11:59:09 PM
Elon musk is vocal about cryptocurrencies during event mostly on Twitter, Elon have invested so heavily in crypto because of is confidence on cryptocurrency.
Elon Musk mostly just promoted Dogecoin, he isn't very focused on crypto as a whole. Elon Musk ever supported Bitcoin on his tweets, but he also denied it sometimes. Since he isn't always speaking about crypto, I don't think Elon Musk is quite vocal about crypto. There are many other people who deserve to call as a vocal person in crypto.

Elon musk only own three cryptocurrencies Bitcoin, ether and DOGE coin.
Since Elon Musk are big investors. I'm sure he only wants to hold the top coins only. Sure, he may hold Dogecoin because he often promoted Dogecoin. But the main asset of Elon Musk should be in Bitcoin and Ethereum. I don't think he want to hold shit coins.


Title: Re: Which Cryptocurrencies Does Elon Musk Own?
Post by: Cryptsafe on February 24, 2024, 05:12:53 PM
As far as cryptocurrency is concerned, it is a new source of income for people, and they invest heavily in it. Likewise, Elon Musk. I believe all the talks going on that he owns some crypto projects are just  speculations. Not until he opens up to tell the whole world that he owns them are the rumors that are making the rounds about his ownership of some crypto projects invalid until they are verified to be the truth.

We all know he is a good and strategic investor, which makes him a good businessman and a seasoned billionaire. He always takes advantage of situations to his benefit, and no doubt that has been what he has been doing for quite a while just to make sure he is still in the business of making profit.
Title: Re: Which Cryptocurrencies Does Elon Musk Own?
Post by: robelneo on February 24, 2024, 06:33:28 PM
The guy is a big influencer, he can make a big miracle pump on any coin that he fancied as we all know Doge was just sitting there and we treat it as a meme coin that we respect but don't have high regard on its value until Elon Musk adopt it and create a huge pump on it, the guy if he wants to can create his token that he can use for all is companies but he prefers the easy work and just choose coins, based on his preferences.
Title: Re: Which Cryptocurrencies Does Elon Musk Own?
Post by: Mr. Magkaisa on February 25, 2024, 04:57:13 PM
Elon musk is vocal about cryptocurrencies during event mostly on Twitter, Elon have invested so heavily in crypto because of is confidence on cryptocurrency. Elon musk only own three cryptocurrencies Bitcoin, ether and DOGE coin.

           -   From what I have noticed and observed about Elon Musk, usually coins that he simply posts really rise in the market, and he always takes meme coins, and he started it with Dogecoin, followed by Shiba Inu, who knows this upcoming bull run is the Pepe coin. Right?

But even so, of course, we don't know what Elon Musk has in mind. It's also possible that he will suddenly move to altcoins, but I still see more in meme coins because he will make a bigger profit in meme coins. Just post a meme coin on Twitter, and a huge community will surely buy the coin that he posts on Twitter.
Title: Re: Which Cryptocurrencies Does Elon Musk Own?
Post by: kulkhan on February 25, 2024, 08:56:38 PM
Elon musk is vocal about cryptocurrencies during event mostly on Twitter, Elon have invested so heavily in crypto because of is confidence on cryptocurrency. Elon musk only own three cryptocurrencies Bitcoin, ether and DOGE coin.
Acctually i am not clear about your topic and which you post.Elon Musk Buying and holding that's three coins. We know Bitcoin, Ethereum and DOGE are good coin. And Elon Musk already Bought thats three coins.

And last bull session we saw Elon Musk promoted Doge coin. After promotion Doge coin price increased more and more. And i also think Elon Musk bough top Coin and he will hold it foe long time.
Title: Re: Which Cryptocurrencies Does Elon Musk Own?
Post by: SamReomo on February 25, 2024, 09:37:48 PM
I don't know that which other crypto-currencies Elon Musk owns, but I'm very sure that he owns Doge coin in huge quantitates. He's highly into Doge and now since Twitter is also his own, he's going to be taking some steps when bull run gets intensity to increase the adoption of Dogecoin.

I'm not sure but I believe Elon also own Bitcoin as it's the king of the crypto-currencies and anyone who's a part of crypto world should definitely think about owning Bitcoin. I don't know if he owns Ethereum or not but I'm 100% sure he owns DogeCoin.
Title: Re: Which Cryptocurrencies Does Elon Musk Own?
Post by: Rubel007 on February 25, 2024, 10:31:32 PM
Elon musk is vocal about cryptocurrencies during event mostly on Twitter, Elon have invested so heavily in crypto because of is confidence on cryptocurrency. Elon musk only own three cryptocurrencies Bitcoin, ether and DOGE coin.
Elon Musk is one of the richest person in the world. Almost everyone have good idea about the amount of total investment or assets. It is not easy to know the strategy of such investors. They invest in various projects. And the projects they like are the ones that get the good attention in the crypto space. One can invest in Bitcoin and Ether but there would be no mistake in thinking of his name as an investor in Doge Coin. In 2021, Doge Coin wasn't that expensive, but when Elon Musk started tweeting about Doge Coin on his Twitter, investors didn't realise that he was a Doge Coin sponsor or owner.