People follow him because he is the biggest man in cryptocurrency What he says happens. Is one of the people and when he speaks it is clear and easy.
He is a successful man in cryptocurrency The coin he talks about gets his price up. a few days ago he tweeted about dogecoin and check his price where are you. I think that's why people follow Elon Musk.
I don't believe that he is a successful man in the cryptocurrency. People trust him because he did so many great things. Suppose why he needs to mention that he invested 1.5 billion in Bitcoin and supported Dogecoin. Although he is presenting cryptocurrency in the world or for some untrusted users. Elon musk invested in Bitcoin after the 42K pump of Bitcoin. The best example is the Tesla marketcap for why people trust him.
^ Probably because he was a proven and tested successful man all over the world. Being the number 1 rich person in the world, you can't blame people if they will follow him. But those who are lack knowledge in crypto, but when it comes to us, we mostly ignore him of his not accurate result that comes from his tweet and joke memes regarding dogecoin. Nevertheless, we know that we all wanted to gain profit and have money, it seems the same on the people that following Elon Musk, they wish to become rich like Elon Musk and follow what he did say.