Memecoin as well as shitcoins, can be manipulate so easily. So it is not new when memecoin or shitcoin pumped a lot like two or three time within a day.
I think we already know this, Doge is the first meme coin and we thought that it will be dead, but in the last couple fo years, it continue to grow because of Elon Musk. We thought that he is a pro-bitcoiner, but then again his company sold their
BTC already.
Cause those also go down with the double speed than pump. And this thing will work same in future for memecoin. So don't believe those. Elon is controlling dogecoin. it's true that due to elon, doge is about to touch the sky but he always manipulating dogecoin for his profit.
But as far as manipulation goes, yeah, it's true, meme coins can easily be manipulated just like what we have seen in the past, by Elon Musk himself. He can't even take it away from his mouth and everything he opens it, the price of Doge will surely be impacted in the positive way.