There are many adjectives that can accurately describe the violence, destruction and death currently being inflicted on Gaza. But, genocide is not one of them. Repeatedly calling it that diminishes the suffering of the Tutsi's, the European Jewish population of Nazi occupied Europe, the Armenians and others who have genuinely been victims of genocide.
No it doesn't.
It diminishes the idea that Israel are the innocent party, and it diminishes the idea that Israels allies are also a peace loving, fair and honest, bunch.