In the crypto world, a single tweet from a famous billionaire can send a crypto up or down in seconds. An influential billionaire like Warren Buffett can cause FUD in the crypto market with any interview. However, despite this, the richest people in the world, such as Elon Musk and Mark Cuban, do not give up on altcoin investments. Let’s take a look at the altcoin portfolios of billionaires in this article.
What altcoin projects are billionaires investing in?
Michael Saylor
Billionaire investor Michael Saylor is one of the best known Bitcoin supporters. He regularly posts enthusiastic Bitcoin tweets to his 2.6 million followers on Twitter. At the top of his Twitter page is a tweet destined to become an all-time classic:
Bitcoin is a swarm of cyber wasps serving the goddess of wisdom, fueled by the fire of truth, growing exponentially smarter, faster and stronger behind a wall of cryptic energy.
Clearly, Saylor is a Bitcoin maximalist. So he sees Bitcoin as the end and most important of all crypto. So it’s no surprise that the “former” company he manages, MicroStrategy, has a massive Bitcoin position, or that Saylor recently competed with billionaire Elon Musk over Bitcoin on Twitter. At the beginning of August, Saylor stepped down as chairman of the board as CEO of the company, only to devote more time to managing his Bitcoin position.
Mark Cuban
Billionaire investor Mark Cuban emerged as the Michael Saylor version of Ethereum. He calls himself “Ethereum maxi” and regularly posts supportive statements about Ethereum. According to Cuban, Bitcoin is a good store of value, but Ethereum is where all the action is. According to Cuban, Ethereum is the world’s leading blockchain in terms of smart contracts, NFTs and dApps. Earlier this year, Cuban revealed a major position in Ethereum. It is now doubling down on its Ethereum investment strategy before the merge, a highly anticipated technological upgrade to the Ethereum network.
As Kriptokoin.com, we covered Mark Cuban’s altcoin investors in detail in this article.
Elon Musk
Elon Musk, who is currently the richest person in the world, stands out among the billionaire investors behind Dogecoin. In fact, he is known as The Dogefather on social media for his huge role in bringing Dogecoin to the masses. At the same time, he regularly posts messages designed to appeal to the Dogecoin community on Twitter.
That’s why I’m pro Doge
— Elon Musk (@elonmusk) December 23, 2021
For example, at the beginning of August, she tweeted a photo of herself and her son with the same haircuts. Meanwhile, in addition to Dogecoin and Shiba, people have also looted Floki, named after Musk’s dog. Later, another altcoin that took advantage of this hype was Dogelon Mars. The ticker symbol for this token is ELON.
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