How come almost on-one didn't bat an eye when Elon was pumping BTC by tweeting about it? In fact people were encouraging him to tweet about BTC or doge, and now it's suddenly market manipulation and potentially illegal when he is tweeting shit about it and it's going down?
Elon is not the major player in the crypto market, it the naive investors that use his tweet as investment advice that make him feel like a super man but he still can't manipulate the market this big.
Nevertheless, there's alot of things that help the current dump in price of the market though Elon exit tweet and those things that cause dump happen almost the same time that's why we are experience big dump now.