Elon musk again posted a tweet about Dogecoin: "What does a dyslexic, agnostic amnesiac who believes in crypto do? Lies up all night thinking about Doge." -
https://twitter.com/elonmusk/status/1645271510561562625. But this time we saw absolutely no change in the price of Doge. Why is this happening? Or has Musk lost his power in front of his followers?
The reply within that tweet context seems is not sensational enough to drive the hype. That is not as massive as the logo change, it comes unexpected and allegedly fueled by his decision about lawsuit dismissal request. Also, both acts is significantly differents, his tweet might not seen by most people, but a Twitter logo brand changed surely a main factor that makes the market having surges.
So, it does not mean a mere new tweet like that proves his publicity power is going down.
~I guess the current fate of Doge is only in the hands of big names or influencers, and I believe somewhat loses the meaning of its meme-based community owned status.
That is obvious we can say that without Elon Musk Dogecoin is likely nothing and too sad that many people don't think about it because what they think is a possible hype that will happen and make them rich. Perhaps, it is always ridden with hype in a short while and drops right away. Influencers are making money for this for sure and they keep doing this again and again. And I agree, anything that will happen to Dogecoin in the future lies in the hands of the influencers, not its investors.
As a somewhat unique project, if Doge does not get the publicity as it is right now, I think it would jsut barely living, not completely a dead project.