Elon musk is a big name. but he influencing the price all alone is really strange to me.

First doge coin and then bitcoin went up again...!!!

the reason being Elon using #bitcoin.

I think whales of the Industry took advantage to the tweets and it isn't a single person influencing the price all alone.

It is just like a trust to people.
for example , a random hike in the price won't attract people that much but when a big name tweets or talk about a currency and then the currency goes up , people start to believe that this pump might last long and then people put their money in.

It's all manipulation at the end of the day and while many profit from the scenario there are poor people who got harm in this pump thing.