Musk is tweeting, but not too many are listening anymore. The Tesla and SpaceX CEO’s power over the crypto space seems to be softening.
Musk tweeted in support of dogecoin on Thursday by saying “Release the Doge!” alongside a Godfather-inspired meme depicting actor Marlon Brando. The coin’s price lifted slightly, but not as much as it would have a few months ago. For instance, dogecoin surged 20% in May when he ran a Twitter poll to ask whether people wanted Tesla to accept the token as payment.