I think its great that someone like Elon musk is backing crypto, and yes he has personal interest in Dodge, but overall his support has provided positivity to crypto ecosystem. I think he is increasing his stake in crypto because he has clarity that future of crypto is bright and he also wants to be on the front seat of the crypto bus.
His statement that attracts investors will also benefit him since he has a huge investment in crypto. Elon focuses on making more profit in crypto because he sees it as another opportunity to become richer. Elon's mindset only focuses on making money regardless of negative feedback from other investors. I'm sure that he's also backing up Doge as part of his profiting strategy.
I think your opinion can be right or wrong for what Elonmusk has done so far to crypto, especially to doge. Indeed, it must be admitted that what Elonmusk has done may also bring a positive side to crypto but it does not rule out the possibility that it can also be a negative side.
as a businessman, we must also know that the orientation that is carried out is purely to seek profit from whatever is done, as long as it is profitable then he will do it.
my opinion is, don't expect anything more from elonmusk, if the situation is like this, then we don't see anything he does to be able to boost bitcoin especially with doge.
the situation is indeed a correction and he won't be able to do anything and it looks like he can't do anything about this.
