Elon Musk rudely manipulates the market, for some it is good, but for some it is quite the opposite. I see how some are trying to justify his actions, by the fact that on this Mr. Musk raises his authority and popularity, promotes cryptocurrencies.
But I see how only one side wins, and someone in the end will be among the losers. Although it is strange that Elon Musk decided to advertise exactly the meme-coin. It seems to me that if the focus of a businessman's attention was a larger project, then many would take what is happening more seriously.