The answer is simple, the more money you have means you became more influential in such a way where most people will follow your lead. If you have good social and financial status, people will believe in whatever you say and will take advantage when they've given the opportunity to do so.

As long as people are believing him and he is still active on Twitter tweeting about his stuffs that he does then probably he still have a lot of power of the market, whether we like it or not.

It is his power that affect his followers, not all people. Me? I don't even flinch to whatever he says about Bitcoin whether it'd be positive or negative. He is just a rich guy in the end and I won't do any decision to crypto just because a certain guy in Twitter says something.

His powers are over? As long as people don't do research and rely on these celebrities, I don't think it is over.

He has no  much appeal in people now, many has changed since they find how trolling Elon Musk is doing the market.

the recent tweets of Elon has no much impact in the community look at it now , elon is losing sympathy little by little.

Elon's Power is not as strong as before. There are many people who are smart enough and start to not believe in him. I'm one of those idiots who really believed in his tweets when he first started tweeting about crypto. But, right now i think i smart enough to realize this man just trolling us.

Lets say ELon is one of the most influencial person that everything he said has been recognized by his followers. There are tons of people who tend to believe in whatever he will tweet even those who are high profile and  big investors are following his statement over cryptocurrency.

The fact that the crypto market moves whenever he talked about it seems he enjoyed to manipulate the market.

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He isn't as powerful as before because some of his tweets failed to impress lots of crypto users. It was clearly for his own good which disappoints lots of investors who are following him. However, we can't hide the fact that there are still people who follow him because he's too influential.

The previous events that you quoted are clear pronouncements on how the crypto market behaves, and for me it's dangerous, Elon's tweet is just simple there's nothing special about it. But the message of that tweet depends on the one who reads it. (interpretation) suddenly many speculators and risk-takers are buying that 1 cent tweet and driving the price of the corny "joke" to what is now. but sorry for those people who bought it on the peak.

People reacted so much back then because it was during a bullish market and because of the fact that elon musk himself is a very successful individual with many eyes watching him both in and out of this industry, also the people are desperate for good investments due to the effects of the corona virus pandemic, people need something to believe in and Elon Musk had the best timing.

The people right now are divided. Some still believe in him, while others are stuck with useless bag of shitcoins. There are also others that don't care and just take advantage of the momentum driven by his tweets. And of course, there are those people who are tired of his crap and those that just don't care. Whichever the case, the public is maturing along with this industry which is why I think that in the next years to come, bitcoin will not be easily swayed by some FUD or Shilling anymore. But as of today, we will, time and time again still witness some volatility just because of some people's tweets.