treadingtopic101

#treadingtopic101 #TreadingType101 #CryptoFee101 #CEXvsDEX101🔥 #OrderTyper101 $ETH $SOL $ETH The fall of doge and Tesla coin due to the alon musk and Dolan trump


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Here's what’s happening:

📉 Why Dogecoin and “Tesla Coin” are falling

1. Dogecoin slump amid Musk–Trump clash

Over the past week, Dogecoin has dropped about 12%, including ~7% just on June 6, directly tied to the escalating public feud between Elon Musk and Donald Trump businessinsider.com+15coindesk.com+15coindesk.com+15.

As Trump threatened to pull subsidies and Musk publicly denounced Trump’s budget bill, investor sentiment shifted. A classic bearish "bear-flag" chart pattern suggests DOGE could perhaps fall as low as $0.06—a potential drop of ~66% tradingview.com+2cointelegraph.com+2dig.watch+2.

2. Musk–Trump feud slams Tesla (and Tesla Coin)

Tesla shares plunged about 14%, wiping out ~$150 billion in market value in a single trading session after the Musk–Trump fallout ﹘ Tesla down ~17% intraday youtube.com+3newsweek.com+3economictimes.indiatimes.com+3.

That crash dragged down related meme tokens like Trump Coin, which fell ~10% overnight r-bloggers.com+15coinpedia.org+15coingape.com+15.

🔍 The Catalyst: Public Farming by Billionaires

Musk called Trump’s bill the “Big Ugly Bill,” calling for impeachment. Trump hit back with threats to cut federal contracts from Musk’s companies, notably Tesla and SpaceX forbes.com+15cointelegraph.com+15wired.com+15.

As both sides escalated, investor confidence in assets connected to Musk or Trump tanked.