I guess it is, with that announcement seems he trying hard just to increase the doge price but I don't think if he can lift it right now because the condition of the market is not really good. It seems the market will experience a big dump again.
I don't know if there will be a big drop again, maybe we are seeing the lowest prices we can see right now. If there is positive news about the war and peace is achieved, I think that prices may rise again in a short time. This was a temporary situation and we may be at one of the worst levels right now.
Musk or anyone else can't do things alone right now
