Top 6 Elon Musk Crypto Coins in July 2025
Elon Musk is a huge crypto proponent, with core holdings including Bitcoin, Ethereum, and Dogecoin. Multiple coins have been created to honor Musk, hoping to receive recognition from the world’s richest person, especially since Musk is co-heading the newly-established Department of Government Efficiency – abbreviated to “DOGE” – within the Trump administration.
This guide explores which Elon Musk crypto coins are worth buying in 2025. Read on to discover undervalued crypto projects based on the Musk narrative.
Disclaimer: The meme coins discussed on this page are highly speculative and rely heavily on hype, social media trends, and the public perception of Musk himself. Elon Musk has not officially endorsed some of these coins.
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The Top Elon Musk Crypto Coins Compared
Consider these projects when investing in the Elon Musk crypto narrative:
| Coin | Symbol | Current Price | Market Cap |
|---|---|---|---|
| Dogecoin |  DOGE +6.43% |
$0.18 | $27.38B |
| Dogelon Mars |  ELON -0.65% |
$0.00000011 | $63.65M |
| Department of Government Efficiency |  DOGETH -4.31% |
$0.0080 | $7.86M |
| Kekius Maximus |  KEKIUS +5.28% |
$0.021 | $21.30M |
| Grok |  GROK +8.44% |
$0.0024 | $15.19M |
| Elon for AfD |  ELON4AFD +4.09% |
$0.014 | $14.18M |
The Best Elon Musk Cryptocurrencies Reviewed
Read on to learn more about the Elon Musk crypto coins listed above.
1. Dogecoin – Best for Tesla purchases
First up is Dogecoin, one of the few coins Elon Musk has openly backed. He’s even called it the “People’s Currency” in a Tweet, which helped send DOGE’s price skyrocketing during its insane 2021 rally. Since then, it’s remained a fan favorite among meme coin lovers and has even been accepted by Tesla for buying merch.
But just because it’s popular doesn’t mean it’s always stable. Dogecoin’s price has had its ups and downs. Over the last year, the price of Dogecoin has increased to $0.18. That just goes to show how unpredictable meme coins can be.
Even though DOGE has made gains in recent months, a lot of its future depends on social media buzz and whether it becomes part of something bigger, like Musk’s “X Money” plans for X (formerly Twitter). If that happens, it could boost Dogecoin’s utility—but until then, it’s still mostly driven by hype.
- Community Strength: Boasts a large, dedicated community with active online forums and social media presence.
- Branding: Recognizable Shiba Inu mascot; widely accepted as the original meme coin.
- Virality Potential: High, especially with endorsements from Elon Musk himself.
- Short-Term Price Action: Subject to significant volatility; recent events have caused notable price surges.
| Launch Date | December 2013 |
| Chain | Dogecoin |
| Current Price | $0.18 |
| 24-Hour Price Change | DOGE +6.43% |
2. Dogelon Mars – Best for Space Lovers
Next, we have Dogelon Mars (ELON), a meme coin that launched in April 2021 during Dogecoin’s big rally. This project is a nod to Elon Musk’s obsession with Mars exploration and has built a solid community around that theme. The Doge-inspired vibe is strong here, with fan-made artwork and memes keeping the community active.
That said, the ELON token doesn’t have any real utility. It’s purely a meme coin, so its value relies almost entirely on hype. After a brief rally in 2021, the price has been on a downward trend and is currently down over 99% from its all-time high of $0.00003263.
On the plus side, Dogelon Mars still sees decent trading volume and liquidity, with a market cap just around $63.65M, showing that interest isn’t completely gone. However, a key downside is that only 55% of the ELON supply is currently in circulation, which could make future price movements more unpredictable.
- Community Strength: Growing community, particularly among meme coin enthusiasts.
- Branding: Combines themes of Dogecoin and Elon Musk with a space exploration twist.
- Virality Potential: Moderate; leverages popular themes but lacks unique differentiation.
- Short-Term Price Action: Experiences sharp fluctuations; influenced by broader meme coin trends.
| Launch Date | April 2021 |
| Chain | Ethereum |
| Current Price | $0.00000011 |
| 24-Hour Price Change | ELON -0.65% |
3. Department Of Government Efficiency – Best for Increasing Efficiency
The Department Of Government Efficiency, or “DOGE,” is Elon Musk’s new Federal agency, which he was supposed to co-head with Vivek Ramaswamy before the latter backed out, leaving him solely in charge. Naturally, a crypto project has also been created to honor the government initiative.
Nonetheless, Department Of Government Efficiency is already a hit in crypto circles, with unprecedented returns of over 19,600% since launching in October 2024. That said, the project’s native token, DOGE, is currently trading at $0.0080 with a price difference of -28.64% in the last month.
The goal of this token is to use blockchain technology to improve transparency in governance. It’s important to note that this project is not affiliated with Musk or Ramaswamy.
- Community Strength: Benefited from association with Elon Musk’s government role.
- Branding: Clever acronym linking government efficiency with Dogecoin’s ticker symbol.
- Virality Potential: High; media coverage and public interest have spiked due to the acronym’s novelty.
- Short-Term Price Action: Experienced significant price increases following related announcements.
| Launch Date | October 2024 |
| Chain | Ethereum |
| Current Price | $0.0080 |
| 24-Hour Price Change | DOGETH1 -4.31% |
4. Kekius Maximus – Best for Community Engagement
Kekius Maximus (KEKIUS) is an Ethereum-based meme token that gained a lot of attention after Musk changed his name on X to “Kekius Maximus” and his profile picture to the famous frog Pepe wearing a gladiator armor suit in January 2025. Many have hinted that this could’ve been his way of showing his support for the token KEKIUS.
The name of this token is inspired by meme culture. Just like with other meme coins, KEKIUS thrives on community engagement and social media hype. This makes its value highly sensitive to trends and even Musk’s influence. When it gained some attention, KEKIUS faced a sharp price increase. But, being reliant on hype makes this token very risky and prone to major swings.
While Kekius Maximus is designed for people who enjoy meme coins and community-driven projects, its unpredictable nature is something to keep in mind when making any investment decisions.
- Community Strength: Niche; appeals to specific internet subcultures.
- Branding: References internet meme culture; may not resonate broadly.
- Virality Potential: Moderate; potential for virality within certain online communities.
- Short-Term Price Action: Limited data; price movements appear relatively stable.
| Launch Date | December 2024 |
| Chain | Solana |
| Current Price | $0.021 |
| 24-Hour Price Change | KEKIUS +5.28% |
5. Grok – Best for AI Integration
Grok (GROK) is a meme token with a twist. It integrates AI to make blockchain tools more useful, offering features like Grok GPT (an AI chatbot for crypto queries) and Grok Draw (NFT generation via text prompts). Despite its branding nod to Elon Musk’s xAI Grok chatbot, the crypto operates independently, with no official ties to Musk or his projects.
Meme coins are notorious for being unpredictable, as hype can shoot it up one day and tank it the next. While its AI angle makes it interesting, the value is still mostly tied to market buzz rather than groundbreaking utility.
If you’re into projects that combine memes and actual tech, Grok is worth keeping an eye on. The mix of AI and blockchain is promising, but the volatility means it’s more of a wild ride than a safe bet.
- Community Strength: Limited; still in early stages of community development.
- Branding: Tech-oriented, with a focus on understanding or learning.
- Virality Potential: Low; lacks distinctive features to drive widespread attention.
- Short-Term Price Action: Minimal activity; price remains relatively flat.
| Launch Date | November 2023 |
| Chain | Ethereum |
| Starting Price | $0.0000004 |
| 24-Hour Price Change | GROK2 +8.44% |
6. Elon4AfD – Most Controversial Musk Meme Coin
Elon4AfD (ELON4AFD) is a cryptocurrency that surged in early 2025 amid Elon Musk’s public exchanges with AfD leader Alice Weidel ahead of Germany’s February 2025 election. While the token has fizzled post-election, historical patterns suggest it could regain momentum during future political cycles, particularly around key German election periods.
ELON4AFD is trading at approximately $$0.014, with a market cap of $14.18M. The coin has experienced significant volatility, with its price increasing by about +2.24% over the past week.
There’s currently no publicly available information detailing any specific utility or practical applications for Elon4AfD beyond its role as a tradable asset. Additionally, the controversies surrounding its political associations make it extra volatile, even for a meme coin.
- Community Strength: Limited; niche appeal primarily within specific political circles.
- Branding: Politically charged; references Elon Musk in the context of the Alternative für Deutschland party.
- Virality Potential: Low; political associations may limit widespread appeal.
- Short-Term Price Action: Low trading volume; price movements are relatively subdued.
| Launch Date | January 2025 |
| Chain | Ethereum |
| Current Price | $0.014 |
| 24-Hour Price Change | ELON4AFD +4.09% |
What Are Elon Musk Crypto Coins?
Elon Musk crypto coins are cryptocurrencies inspired by or associated with Elon Musk, often capitalizing on his influence in the crypto space. While Musk himself has only publicly supported Dogecoin ($DOGE), various meme coins have emerged, attempting to ride the wave of his endorsements, tweets, and general public fascination with him.
Examples of Elon Musk crypto coins include Dogelon Mars, which is based on Musk’s passion for space exploration, and Shrub, a tribute to Musk’s pet hedgehog. None of the Musk-inspired projects have been endorsed by Musk himself, and their narrative is purely speculative.
How Are Elon Musk Crypto Coins Performing?
Cryptocurrencies tied to Elon Musk, like Dogecoin (DOGE), remain highly volatile but influential. DOGE, the most well-known and important one, trades around $0.18 with a $27.38B market cap, occasionally spiking on Musk’s social media activity.
Smaller coins like Dogelon Mars (ELON) and Grok (GROK) stand close to fractions of a cent, relying heavily on hype rather than utility. While DOGE shows resilience, others like “Department of Government Efficiency” (DOGE) have also increased, showcasing how unpredictable this kind of token is.
Musk’s hints about integrating DOGE into X for payments kept optimism alive, though delays caused price swings. Speculation around a Dogecoin ETF and the expected launch of “X Money,” a crypto-friendly social payment platform, triggered some price peaks. However, broader market downturns dragged most Musk-linked tokens down, highlighting their reliance on external trends over fundamentals.
Most Musk-themed coins lack real-world use, making them risky investments. DOGE’s ETF hopes and X integration could drive gains, but there is the chance of stagnation if adoption doesn’t grow. Investors should tread carefully. These tokens thrive on hype, not utility, and are prone to sharp crashes.
Which Cryptocurrencies Does Elon Musk Own?
Many people ask the question – what crypto does Elon Musk own?
As confirmed in an October 2021 Tweet, Musk only owns the following three coins:
- Bitcoin
- Ethereum
- Dogecoin
However, there is heavy speculation that he has since acquired more. Crucially, there’s no knowing whether Musk privately holds other crypto coins. And if he does, which projects they’re related to. After all, Musk has previously faced legal issues for his Dogecoin Tweets, so it’s unlikely we’ll see any other coins promoted.
Let’s investigate the full details surrounding his holdings of each coin.
Does Elon Musk Own Dogecoin?
Elon Musk has confirmed that he owns Dogecoin and that he has not sold it. DOGE has by far received the most attention from Musk, having repeatedly endorsed it on both on X and in the traditional media.
Out of curiosity, I acquired some ascii hash strings called “Bitcoin, Ethereum & Doge”. That’s it.
As I’ve said before, don’t bet the farm on crypto! True value is building products & providing services to your fellow human beings, not money in any form.
— gorklon rust (@elonmusk) October 24, 2021
However, it remains a mystery as to how much Dogecoin Elon Musk personally owns; while it’s possible he could have one of the largest wallets, it is more likely that he would have split his holdings across several in order to avoid on-chain attention if he holds a big position.
Moreover, he has to be cautious with the timing of his cryptocurrency purchases to avoid allegations of manipulating markets for his own benefit.
Nevertheless, Elon remains an ardent supporter of Dogecoin, refuting one of its most commonly issued criticisms regarding its high level of inflation. The naming of the Musk’s ‘Department of Government Efficiency’ (DOGE) was also no coincidence, showing that he remains a major enthusiast.
I think the flat inflation of Dogecoin, which means decreasing percentage inflation, is a feature, not a bug
— gorklon rust (@elonmusk) November 13, 2024
How Much Bitcoin Does Elon Musk Own?
In February 2018, Elon Musk publicly tweeted that he only owned 0.25 BTC, which was sent to him by a friend. But we know a lot has changed since then!
Not sure. I let @jack know, but it’s still going. I literally own zero cryptocurrency, apart from .25 BTC that a friend sent me many years ago.
— gorklon rust (@elonmusk) February 22, 2018
A Brief Timeline of Musk’s Views on Bitcoin:
- January 2021: Musk changed his twitter profile picture to Bitcoin and tweeted “In retrospect, it was inevitable”, causing Bitcoin’s price to surge.
- February 2021: Musk-owned Tesla announced a $1.5 billion investment in Bitcoin and that it planned to accept it as a payment method.
- May 2021: He announced that Tesla would suspend Bitcoin payments due to environmental concerns.
- March 2022: Musk highlighted that he still wouldn’t sell his Bitcoin.
We would estimate that Elon Musk holds more Bitcoin than any other cryptocurrency. This is because he described it as a “long-term” hold, indicating that he has not sold any and is likely to have continued acquiring more. While the specific amount is not public knowledge, we would guess he holds $50M+ worth of Bitcoin.
As a general principle, for those looking for advice from this thread, it is generally better to own physical things like a home or stock in companies you think make good products, than dollars when inflation is high.
I still own & won’t sell my Bitcoin, Ethereum or Doge fwiw.
— gorklon rust (@elonmusk) March 14, 2022
Does Elon Musk Own XRP?
There has been a lot of speculation that Musk owns XRP, but this has not been confirmed.
In November 2024 as part of one of Elon Musk’s town hall events while he was campaigning for Donald Trump, he was asked specifically about XRP:
“Do you envision the XRP Ledger being incorporated into the financial institutions in the future?
Musk remained neutral in his answer to the question, distancing himself from endorsing any particular crypto. However, he did express that he considered cryptocurrency an “interesting and probably valuable bulwark against a centralized control” and that it “helps individual freedom“.
Elon Musk Talks About XRP.pic.twitter.com/FFhvsF6PP7
— TheCryptoBasic (@thecryptobasic) October 21, 2024
Furthermore, there have been rumours recently circulating on X that Elon Musk could be considering a $104 Billion investment in XRP, which has created a lot of hype between a potential partnership between Musk and Ripple. However, we cannot confirm any validity behind this speculation, as Musk has not publicly commented on it himself.
Are Elon Musk Crypto Coins a Good Investment?
Many coins associated with Musk have performed well in recent weeks. However, narratives come and go, so it’s important to understand the risks before proceeding – especially considering most Musk-related projects are meme coins without use cases or utility.
Nonetheless, Musk is expected to hold a key government position for the next four years. And, considering the Trump administration is pro-crypto, this could bode well for Elon Musk coins. However, there’s no guarantee that the recent price momentum will continue. Therefore, only consider risking amounts you’re comfortable losing.
The counterargument is that the hype surrounding Musk’s involvement in the buildup to the presidential election has passed and that these coins may never surpass their former all-time highs.
Elon Musk vs. Donald Trump Coins: Which Are Better?
Another popular crypto narrative is Donald Trump. Just like Musk-related projects, Trump coins have no intrinsic value, as they’re purely speculative.
Even so, some of the best Trump meme coins initially produced substantial returns after the election, but have since crashed. Therefore, if you’re wondering which narrative to back, it could be worth gaining exposure to both.
Just make sure the portfolio is well diversified and that you also consider niches with strong utility. For example, you might also add positions in RWA (real-world assets), DePIN (decentralized physical infrastructure network), and AI (artificial intelligence).
What Are The Risks of Buying Elon Musk-Inspired Coins?
The obvious risk of buying Elon Musk crypto coins is that you could lose money.
This could happen if:
- Narrative Loses Momentum: We mentioned earlier that crypto trends can change at any time. If a Musk narrative loses momentum, this could result in rapid declines.
- Musk Leaves His Cabinet Role: It’s not like Elon Musk is going to quietly fade away into obscurity if he leaves his cabinet role. However, related coins could lose substantial value.
- Broader Market Conditions: The success of Musk-inspired projects is also reliant on broader market conditions. If the markets turn bearish, this could impact all Musk coins.
- Investing in a Scam Project: Some Musk coins are created with nefarious intentions, meaning the founders intend on scamming holders. This is the most impactful risk, as scam coins can go to zero in a matter of minutes.
Is There an Elon Musk Crypto Giveaway?
Social media, particularly on X, is flooded with crypto scams. One of the latest trends is posts claiming that Musk is running a crypto giveaway, meaning free coins for those participating.
No such giveaway exists. The perpetrators will likely ask participants to reveal their wallet credentials or to part with money. Either way, be sure to report any posts you see to the respective social network.
How We Ranked The Top Elon Musk Crypto Coins
Our rating methodology is precise, data-driven, and divided into two parts. The General Methodology does not count towards the final coin rating; instead, it works as inclusion criteria, ensuring the project meets certain benchmarks like liquidity and market capitalization.
Meme coins are evaluated utilizing our Category-Specific Methodology, which includes community strength (50%), branding and virality potential (35%), and short-term price action (15%) to gauge their potential.
We normalize data with Z-scores to ensure consistency across projects. This helps compare large and small projects fairly and prevents any single factor from skewing the rating. For more information, read our methodology page.
Conclusion: What is the Best Elon Musk Coin to Buy?
The best Elon Musk coin to buy depends on market trends, risk appetite, and how closely a token is tied to Musk’s influence. Coins like Dogecoin (DOGE) have seen major spikes thanks to Musk’s endorsements, while newer meme coins referencing his political ambitions or tweets often experience short-lived pumps before fading.
Meme coins are highly volatile—prices can surge or crash overnight, especially when tied to Musk’s actions or public perception. Coins relying on his name could lose value rapidly. Investors should be cautious, as many so-called “Musk coins” are speculative plays rather than long-term assets. It’s worth noting that the only cryptocurrencies Musk himself has publicly endorsed as a holder are Bitcoin, Ethereum, and Dogecoin.
If you’re considering investing, do your own research and approach with caution. Look at factors like liquidity, community support, and utility beyond hype. While some Musk-linked coins have delivered impressive short-term gains, many have also plummeted just as fast.
FAQs
Has Elon Musk created any cryptocurrencies?
Which coins has Elon Musk officially endorsed?
Are Elon Musk coins a scam?
References
- Elon Musk on his Crypto Portfolio: I Only own Bitcoin, Ether and Dogecoin (CNBC)
- Elon Musk Completes $44 Billion Deal to Own Twitter (The New York Times)
- Elon Musk and Vivek Ramaswamy Will Lead new ‘Department of Government Efficiency’ in Trump Administration (CNN)
- Top Elon Musk-Inspired Coins by Market Cap (CoinGecko)
- Lawsuit Claiming Elon Musk Rigged Dogecoin Ends (Reuters)
- X Money Set to Launch in 2025 — On Crypto Rails? (Brave New Coin)
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