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๐จ JUST IN: Elon Musk Claims He Helped Trump Win โ What Does This Mean for Crypto?
June 5, 2025 โ Binance Square
In a jaw-dropping moment thatโs set both political and crypto spheres ablaze, Elon Musk has declared:
> "Without me, Trump would have lost the election." ๐บ๐ธ
๐ฅ Whether you love him or hate him, there's no denying Musk's influence. From rockets to Twitter (X), Dogecoin to Neuralink โ the Tesla and SpaceX CEO knows how to bend narratives and markets. But now, heโs inserting himself into the center of one of the most controversial U.S. elections in modern history.
๐จ Why Does This Matter?
1. The Musk-Trump Alliance?
This isnโt the first time Musk has flirted with conservative power. But openly crediting himself for Trumpโs 2024 win is a seismic shift. Is he angling for political power, policy influence โ or both?
2. Crypto and Politics: The Plot Thickens
Both Trump and Musk are increasingly pro-crypto. Trump has doubled down on his support for digital assets, even teasing a โcrypto standardโ for campaign donations.
Meanwhile, Muskโs constant Dogecoin plugs and rumored Ethereum interests could mean one thing:
> A Musk-Trump alliance might supercharge U.S. crypto adoption.
Imagine: deregulation, crypto-friendly tax policies, and institutional acceptance at lightning speed.
๐ Market Reaction
So far, DOGE has already seen a 3.8% spike in volume post-statement. Memecoins thrive on drama โ and this is headline-fueled rocket fuel.
DOGE: ๐ +3.8% in 2 hours
TRUMP-themed tokens: Some microcaps saw double-digit surges
Bitcoin: Holding steady, but sentiment is turning bullish again