But the only good point here is that, he usually promotes crypto instead of talking foul about it.
How about when he dumped bitcoin for doge as a payment means of payment for Tesla? It was a significant crash for crypto.
Crypto definitely could use a strong promoter like him because his tweets on cryptocurrency are mostly on a positive note and about the great future of it.
Musk is not promoting crypto, he is only promoting doge.
I really hope that the days of his "superpower" on Twitter are over. at least not as much as it was before. We certainly do not need one individual to be able to influence the market so much. This is certainly not good and is very susceptible to manipulation.
I noticed doge increased 9% after the announcement yesterday, I can see coins like Dash that have grown 7%. But on the long favourite coins list that I have on the exchange I am using, doge increased most today, but this time and the few days ago increment was not significant like when he bought Twitter that doge increased three times the price it was before the announcement that he has bought Twitter.