How Elon Musk is shaping the cryptocurrency market.
Let’s understand.
Elon Musk, the richest man on the planet, currently holds three major cryptocurrencies:
1. Dogecoin: He accepts it as a commodity. $dog is his main focus and he loves the shiba inu dog. He often tweets mentioning it.
He also named the Department of Government Efficiency after Doge.😁
0.31171
-1.7%
2. Ethereum: He also holds Ethereum, but no one knows the exact amount.
$ETH
3,346.92
-0.33%
3. Bitcoin: It is the main cryptocurrency that Elon holds, his Tesla balance sheet revealed. Currently, his company has around $700 million worth of bitcoins. He sold some to check the liquidity.