Raga, I read this thing about Elon Musk and the crypto holdings he has, and honestly, I was pretty surprised. So, this guy is basically the godfather of Dogecoin, right? Between Bitcoin, Ethereum, and DOGE, his portfolio is an interesting mix. In 2021, Tesla invested $1.5 billion in Bitcoin, although they sold most of it later. But Musk confirmed he still personally holds BTC, which he sees as digital gold with about 56% market dominance.

Regarding Ethereum, he mentioned it at the 2021 The Word conference. He sees it as important for DeFi and smart contracts, basically the backbone of the ecosystem. But it’s Dogecoin that’s really his creation, isn’t it? He promoted it as the people's currency, talked about using it for payments on Tesla and SpaceX. Musk loves DOGE’s meme origins and the fact that it has low fees.

Here’s where it gets interesting: there are a lot of speculations about other coins he might own. Shiba Inu? He denied owning it, but his tweets about Floki and other dog-themed coins moved the market. Floki Inu is literally the name of his Shiba Inu dog, but there’s no proof he actually owns it. Anyway, it’s crazy how an Elon Musk crypto tweet can make a difference in the market—this guy is the Dogefather for a reason.