Why does such a rich man make manipulative moves regarding cryptocurrency? Doge unfortunately does not deserve these prices. Its total supply is not clear. Nobody purchases with crypto, even with another coin, not with Elon Doge. For example, I wouldn't. The pizza example always comes to my mind.
He is manipulating the market for sure, whether he is actually profiting from all this saga is a point of discussion because if he was taking advantage the market for dogecoin would have collapsed by now. It would be cool to have dogecoin accepted but I don't care much because they already announced they will accept payment in Bitcoins right, if not at least they had such plans earlier.
Probably this kind of topics made Elon Musk to reconsider about their decision on Bitcoin acceptance for their business. I am seeing dogecoin is another POW coins which is somehow similar to bitcoin mining, what Elon will decide about dogecoin acceptance for spacex? I am little worried now.