Why is Elon Must not tweeting about any crypto coin on his twitter now ?

[goaldigger]

Earlier, he was making lot of posts related to different altcoins. I do not advocate this action but it many times gave some boost to that coin. What is the reason that he has stopped doing that ? Has he been told not support any coin by some court order ? Or did he stop because lot of people ridiculed his actions keeping in mind the level he is at financially ?

It's better for him to stay quiet, and by this we can avoid any price manipulation, a hype and a fud.
We know Elon is chilling meme tokens before that creates unusual volatility in the market, maybe this is for the benefit of everybody not to get hyped by just a simple tweet. Maybe Elon realized the effect of his simple tweet because many suffers through that action.

[irhact]

Earlier, he was making lot of posts related to different altcoins. I do not advocate this action but it many times gave some boost to that coin. What is the reason that he has stopped doing that ? Has he been told not support any coin by some court order ? Or did he stop because lot of people ridiculed his actions keeping in mind the level he is at financially ?

Elon musk is a different kind of individual, he always does things I don't expect someone in his position to do and he doesn't care about it or what others are saying but I think either a court has asked him to stop supporting altcoins or he's taking a break and waiting for the bull market to start hyping dogecoin again. I saw a post that he was getting sued for promoting memecoin and made alot of investors to lose money but I didn't know what happened next about the law suit.

I don't blame any individual when I'm investing and made loss as he isn't asking any individual to buy that coin that he's talking about but only doing that as he love the coins. We should not be investing too much into hype projects as they can dump on us at anytime. We shouldn't also be depending on an individual to talk about a coin before we're going to invest into the project as that can end wrongly.

[Sayeds56]

I don't think there is any need to discuss about Elon and his tweets about crypto. He is a busy man and has a lot to handle in his day to day life. Those who blindly follow his tweets on crypto are the ones who make that cryptocurrency pump and later on dump it. I think people should start ignoring his tweets if they don't want themselves in debt.

You are absolutely right that we should never follow advice of any celebrity regarding investment in any cryptocurrency, and avoid getting caught in in scams to avoid losses. Investment should be committed after through research and due diligence, as money matters most to run our daily life.

Elon Musk is extremely busy person, packed with immense responsibilities, and I believe his new project Star-link holds promising potential to spread democracy across the globe. Additionally, cryptocurrencies represent stride towards financial liberation.

[btc78]

It’s not like he was so focused on altcoins on his account in the first place.

Yes he did mention doge for a few times but he’s not actively participating on speculations and such things on his social media. Elon Musk is a huge identity and people almost worship his words. The fact that he accepted dogecoin as a payment to his brand Tesla already says a lot so he does not need to be promoting more in his social media accounts.

[deathcode]

Earlier, he was making lot of posts related to different altcoins. I do not advocate this action but it many times gave some boost to that coin. What is the reason that he has stopped doing that ? Has he been told not support any coin by some court order ? Or did he stop because lot of people ridiculed his actions keeping in mind the level he is at financially ?

we will never know the motives for everything he did. but if you follow him and follow the tweets he makes, then he is actually playing psychology with his followers. we know he has become one of the most influential people in the world with his current strength. and so many people follow it and of course one signal can move the market.
but behind the reason he is currently silent, we will never know. maybe he was thinking about something new. I am not sure there will be a court decision or warning from the authorities to suppress someone's freedom of speech.

[AVE5]

While we're not certain of the cause of his action on this, I'm suspecting it to be that he has a political ambition which he doesn't want to be biased as other top investors do have influential roles that would either hinder his carrier or contributes to his favour so he'd have to just keep off from promoting the Coins as there may be sensitivities of monopoly insightments in the coins markets.

It could also be that he was sanctioned by the government or he himself is not being comfortable with the facts that there has been too much Shits and Meme Coins invoke which him Elon Musk has been an social influential attracting his multitude audiences to falling victims of dumping coins. So, the techniques or reasons for his back off from twitting about those coins was for him to keep a good reputation by not being in support of one of those fraudulent deceptives coins.

[DeathAngel]

He is a very busy guy, I think a lot of the reason he was tweeting about crypto was because he found it fun, he enjoyed the attention it brought him from crypto communities. I know TESLA owns Bitcoin but apart from that I don’t know how much genuine interest he actually has in crypto. I think the whole DOGE tweeting was just for the lols. Elon has a lot of very important business obligations so maybe crypto is on the back burner for a bit.

[Churchillvv]

I think Elon musk is in the best position to answer this questions and if possible it should be included in a pod cast question for him when next he's invited to a pod cast.

My guess will be that it's causing him a lot of attention, that is not necessarily for his reputation. From my perspective, a lot of people could even buy this coins hoping in his name that the coin will do well and at the end the pump and dump coins do what they are known for hence this beginners or the masses can accuse him for been responsible for their lost which is absolutely not fair. So this could also be a reason.

[evichi]

I think he is probably busy in other things, and more so he is entitled to his own opinion as an individual. He is obviously a crypto enthusiast, so if at any point in time he deems it necessary to tweet, he will do so. I think he will comment/react if he is prompted to do so. However, as a strong influencer in the crypto space, I think he will probably exercise caution in making tweets regarding coins/tokens because of the hype it will generate.

[Volimack]

It would usually be up to Elon Musk's own discretion to tweet about crypto. Elon Musk Too many busy people don't have time to tweet about crypto to focus on other things. In fact, it is very difficult to understand the attitude of rich people. It does not take time to turn everything on and off as you wish. Maybe Elon Musk has taken such steps to see people's interest.

[Denamen]

He has a life beyond just crypto. And now, he has many troubles in his company, so he must focus on it to ensure every investor feels satisfied. Additionally, he must save time to read manga, watch anime

[wxa7115]

Earlier, he was making lot of posts related to different altcoins. I do not advocate this action but it many times gave some boost to that coin. What is the reason that he has stopped doing that ? Has he been told not support any coin by some court order ? Or did he stop because lot of people ridiculed his actions keeping in mind the level he is at financially ?

Unless we are told directly by him what is happening, we will not know for sure, however I believe it is entirely possible his lawyers told him to stop playing such a silly game as there could be legal consequences if he did not stop.

If this is true, then it makes sense that he has stopped promoting altcoins on his twitter account, as I am sure that governments all around the world are preparing themselves, and they are keeping an eye on the social media accounts of a lot of people so they can later use those posts as evidence against them.

[Bureau]

It’s not like he was so focused on altcoins on his account in the first place.

Yes he did mention doge for a few times but he’s not actively participating on speculations and such things on his social media. Elon Musk is a huge identity and people almost worship his words. The fact that he accepted dogecoin as a payment to his brand Tesla already says a lot so he does not need to be promoting more in his social media accounts.

He did promote Dogecoins in 2021 and it did impact the price of Doge and new shitcoins came into existence. After his recent tweet about accepting Doge for Tesla, I have not seen any big rally in Doge price. It seems that crypto investors are no longer interested in his speculative tweets. Although there are a lot who still follow him blindly and would quickly start pumping a coin because of his tweet, the number of such blinded followers is coming down. I think this happened after he purchased Twitter and then renamed it X.com and updated policies that only make it more vulnerable to scams.

[Ben Barubal]

Earlier, he was making lot of posts related to different altcoins. I do not advocate this action but it many times gave some boost to that coin. What is the reason that he has stopped doing that ? Has he been told not support any coin by some court order ? Or did he stop because lot of people ridiculed his actions keeping in mind the level he is at financially ?

     Maybe he knows that there are as many waiting communities here in the crypto space; then, from my point of view, it seems like it's too early for him to do it. Because we haven't actually skyrocketed bitcoin in the bull run yet.

     The bitcoin halving hasn't even happened yet, and Elon Musk wants it to happen immediately. It's just what I see there when Elon sees that no one is relying on his post on Twitter that he will do about whatever crypto he posts; he will do it at a time when most people don't expect it.

[moneystery]

i don't know the exact reason why he stopped doing that, but there is definitely a reason why at one time he marketed crypto and at another time he stopped doing that. it is very likely that he prevents a bubble from occurring in the coins he supports, because he is one of the richest people in the world, and his opinion on one type of crypto can have a significant impact. and he prevented that from happening.

but whatever he thinks, i don't really care, because my decision to invest in one type of token is based on potential, not because someone like elon musk says about it. because it would be too careless if we relied on what elon said and made that our investment decision.

[FinneysTrueVision]

With Elon-pumped shitcoins like CumRocket being down 95% from their all-time high, i would assume that it’s probably not a very comfortable subject for him to discuss. Elon is not a great source of financial advice when it comes to investing in cryptocurrencies. Anybody who is smart will just stay with Bitcoin and ignore what Musk says. Maybe when he launches his much hyped payment app, he’ll talk about it again. Hopefully, it will be free of shitcoins but he’s too much of a reckless troll that I at least expect Dogecoin to be integrated.

[JeffBrad12]

He has a life beyond just crypto. And now, he has many troubles in his company, so he must focus on it to ensure every investor feels satisfied. Additionally, he must save time to read manga, watch anime

agreed with this he's got his hand full already and he probably shilling random meme just for fun, its just that many meme communities are so fixated into elon that he thinks he's shilling for real but honestly the fact that his twitter stock tanks, and many of his companies having problem, he's probably won't be as active as back then previous bullrun when he keep shilling and giving hints about meme coin.
right now his tweet seem to be a lot more controlled if compared back then when every day we see some random clues or hints that people take as an investment advice now it seem he has tuned down that behaviour a little bit probably due to various factors.
though right now most meme coin without his shill already reaching hundred millions market cap anyway its not like meme coin can't grow without his shill most of the meme coin already standing on its own these days unlike the days of doge and shiba.

[devil-soul]

In fact this silence from Elon Mask regarding crypto is strange usually it indirectly promoted doge or some other minor meme coin

[Reatim]

He has a life beyond just crypto. And now, he has many troubles in his company, so he must focus on it to ensure every investor feels satisfied. Additionally, he must save time to read manga, watch anime

right now his tweet seem to be a lot more controlled if compared back then when every day we see some random clues or hints that people take as an investment advice now it seem he has tuned down that behaviour a little bit probably due to various factors.

Well we can’t blame him. I know he’s more of a businessman rather than a celebrity but I bet his team still wants him to establish some sense of image for himself which can only be achieved if he heavily controlled the things that would go out of his social media accounts.

He’s probably having some media training now. Or maybe he’s just really busy. I don’t think we should take this as some sort of bad thing and start losing trust on any of the memecoins he has previously promoted.

[peter0425]

Earlier, he was making lot of posts related to different altcoins. I do not advocate this action but it many times gave some boost to that coin. What is the reason that he has stopped doing that ? Has he been told not support any coin by some court order ? Or did he stop because lot of people ridiculed his actions keeping in mind the level he is at financially ?

It's better for him to stay quiet, and by this we can avoid any price manipulation, a hype and a fud.

But will Elon can stop doing such?  when he is also gaining from what he is doing and also he seems to be part of the manipulating team lol.

We know Elon is chilling meme tokens before that creates unusual volatility in the market, maybe this is for the benefit of everybody not to get hyped by just a simple tweet.

actually he is the one that more benefits from this , because he is betting about which coins he is calling.

Maybe Elon realized the effect of his simple tweet because many suffers through that action.

or he is just waiting for another one to pump.