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I just realized that Elon Musk's crypto portfolio isn't actually worth thousands of coins like people imagine. Turns out he's focused only on the mainstream ones — Bitcoin, Ethereum, and Dogecoin. It's interesting because he considers Bitcoin like 'digital gold,' while he appreciates Ethereum for its smart contracts and powerful DeFi ecosystem.
The most hilarious thing is Elon Musk's obsession with Dogecoin. From random tweets to promotions on Tesla and SpaceX, he's really committed to DOGE. He says it's because transaction fees are low and the community is solid. Now, DOGE has a market cap of $17.49 billion, which is pretty big too.
The rest is mostly speculation — people gossip that he owns Shiba Inu or Floki Inu, but he hasn't confirmed anything himself. Clearly, every time Elon Musk makes a crypto move or tweets, the market shakes. So basically, he's 'The Dogefather' who can move the market with just one sentence. His influence is crazy.