The crypto market no longer cares about Dogecoin shill Elon Musk’s tweets

It appears that Tesla and SpaceX CEO Elon Musk is gradually losing his influence over the cryptocurrency market, judging by the lack of any meaningful impact on prices his crypto-focused tweets are making lately.

Just a few months ago, a single tweet from Musk that involved Bitcoin (BTC), Dogecoin (DOGE), or any other cryptocurrency was enough to boost prices of the corresponding digital assets by a large margin.

For example, DOGE surged by 50% after Elon Musk gave the crypto a bump in February. In another instance, Musk has boosted the canine-themed coin by 76% with a rocket tweet. In January, BTC similarly jumped by 18% after Musk added “Bitcoin” to his Twitter bio.

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