#TrumpVsMusk Here’s a clearer breakdown of how Trump‑related news (particularly his public fallout with Musk) and other Trump-linked crypto activities have shaped the crypto market

🎭 Trump–Musk Fallout & Impact on “MASK” Token & Meme­rally Crypto

• On June 5, Trump and Musk clashed publicly over Trump’s “Big Beautiful Bill,” triggering a sharp drop in politically themed meme coins. The MASK Network (MASK) token plunged by 35–45% in a single day, showing how segued tensions between Trump and Musk spooked sentiment in the niche meme‑coin sphere .

• Other meme coins tied to Trump like TRUMP token also fell roughly 9–12%, shedding billions in market cap

• Trump’s $TRUMP meme coin (Solana-based) launched in January 2025, soared to a multi‑billion dollar valuation, but soon dropped from ~$75 to under $10 following controversies and market skepticism .

• World Liberty Financial (WLF), backed by Trump’s family, issued its $WLFI token and stablecoin project (USD1). A significant UAE investment of $100M bolstered the project and drew U.S. congressional scrutiny over foreign influence .

These efforts have increased Trump’s crypto exposure—both in price swings and regulatory scrutiny—contributing to wider market sentiment, especially when controversies erupt.

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🔍 So, when you asked about “Trump vs mask impact crypto”…

You likely meant the MASK Network dip tied to Trump–Musk tensions, but the phrase might also connect to Trump’s crypto ventures (“masking” true influence). Here’s the key:

1. MASK Network fell ~45% in a day due to meme‑coin panic from Trump–Musk feud .

2. Broader meme-coin market saw similar declines: TRUMP token crashed ~12%, Dogecoin declined 8–9% .

3. Mainstream crypto (BTC, ETH) also softened (~3–4%) as emotional trading over political drama rippled through markets ().

📌 Takeaway

• Meme coins = highly sentiment‑driven. Political spats can trigger sizeable, immediate DMVs (Downward Market Volatility).

• Trump’s crypto ventures (memecoins, WLF) add another layer of political/regulatory exposure.

• Broader crypto markets see knock‑on effects from sentiment shocks—but offer more resilience.$BTC