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Isn't Musk's influence on Dogecoin already pure market manipulation?

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by COINS NEWS 3 Views

Isn't Musk's influence on Dogecoin already pure market manipulation?

He's been posting about Dogecoin for a while now and every time he does, the price goes up dramatically. So *theoretically* he could tell everyone before he makes the next move to buy Dogecoin and sell it after the tweet or move is made.

I was actually expecting some authority or journalist to take up the issue and tackle it. Nothing ever happened, rather the opposite: now there is even an authority called β€œDOGE” and the real Dogecoin logo has been published on the official website.

How can this be legal and why does nobody seem to care?

The Dogecoin-logo in the official Website (Now its removed)

Here are a few more examples from 2021:

Source: https://fabiandablander.com/r/Causal-Doge.html

submitted by /u/th00re
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