There is no doubt that Elon Musk is one of the Dogecoin Whales, he and those people working on Twitter would have benefited greatly from these changes, this is pure market manipulation, it is even possible he bets in both directions before the logo was changed and after the logo was changed. Even a novice trader knows that when the logo was changed that the price is likely going to dump and this is one of the best short trades this year.
If it's so obvious, why do most people still fall into this trap and run to buy an asset after Musk did something with the logo. This is absurd. The coin didn't get any additional distribution, there were no new announcements or developments, someone just wanted to have fun and stick the badge where it didn't belong at all. People blame all their losses on Musk, but for some reason they still can't stop reacting to some of his next manipulations.
Even though, reflecting on what Elon did before, I think it's pretty clear that he pumped and slammed again hard until now and when he changed there are still many naive people whose intention was to gain momentum but instead were trapped by the momentum they created.
It's quite sad actually when blaming Elon is actually useless when you see things like this because of course Elon also can't afford it if there's no additional naive people like this and when they fail to leave because the price has started to lose Elon won't have any problems and these people who will blame and say Elon is a fraud but I think it is also their fault that they want to be deceived many times by people like Elon.
