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#DYMBinanceHODL Trump and Musk Fallout Again Of course, the crypto community is far from united on the Big Beautiful Bill. This week, Elon Musk warned supporters of its major potential downsides, sending shockwaves through the crypto market. Musk is very concerned about the US deficit, as evidenced by his time at D.O.G.E., and he repeatedly warned that this bill could lead to a recession: For the last several days, Musk has vowed to create a new political party if the Big Beautiful Bill passes. This could represent a more permanent political divorce from Trump, which might particularly impact the meme coin market. So far, Musk is still running a social media poll about this third party, and his plans may not actually materialize. $BTC $TRUMP $DOGE
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#REX-OSPREYSolanaETF First spot Solana staking ETF notches $33 million in volume on first day trading: Bloomberg's Balchunas First spot Solana staking ETF notches $33 million in volume on first day trading: Bloomberg's Balchunas Quick Take The “REX-Osprey Solana + Staking ETF,” which made history as the first approved staking ETF in the U.S. on Wednesday, closed the day with approximately $33 million in trading volume, according to Bloomberg Senior ETF Analyst Eric Balchunas on X. The fund, which is atypically regulated under the Investment Company Act of 1940 and uses Anchorage as a custodian, also brought in $1 million in assets under management. $SOL $BTC
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CRYPTO MARKET REACTS ON TRUMP-MUSK CLASH The cryptocurrency market dipped 3.1% over the past 24 hours amid a renewed public dispute between Tesla CEO Elon Musk and US President Donald Trump. The escalation stems from Musk’s latest criticism of Trump’s proposed “big, beautiful bill,” prompting a sharp response from the President and reigniting tensions that have previously roiled financial markets. Elon Musk and Donald Trump Clash Again The conflict between Musk and Trump started again after the former posted a series of tweets criticizing the bill. He called it a “debt slavery bill” and condemned its supporters. “Every member of Congress who campaigned on reducing government spending and then immediately voted for the biggest debt increase in history should hang their head in shame!” he said. Musk expressed his commitment to taking all necessary actions to ensure that these politicians are defeated in their primary elections next year, emphasizing his determination to hold them accountable for their actions. He also stressed that the bill could have detrimental debt implications. “If this insane spending bill passes, the America Party will be formed the next day. Our country needs an alternative to the Democrat-Republican uniparty so that the people actually have a VOICE,” he added. The string of attacks prompted President Trump to respond. He accused Elon Musk of benefiting from excessive government subsidies and suggested that Musk’s businesses would struggle to survive without them. “Elon may get more subsidy than any human being in history, by far, and without subsidies, Elon would probably have to close up shop and head back home to South Africa. No more Rocket launches, Satellites, or Electric Car Production, and our Country would save a FORTUNE. Perhaps we should have DOGE take a good, hard, look at this? BIG MONEY TO BE SAVED!!!” Trump wrote. $TRUMP $DOGE
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#OneBigBeautifulBill If the price of Shiba Inu grows modestly by 30% annually, it could reach the ambitious target of $0.001 within the next few years. Can SHIB Hit $0.001 $SHIB Currently, Shiba Inu is trading at $0.00001130, down slightly by 2.04% over the past 24 hours. To reach $0.001, SHIB would require a massive rally of approximately 8,749% from its current price. This would eliminate two leading zeros and set a new all-time high. While the $0.001 price target may seem highly ambitious, it is not entirely impossible for Shiba Inu to reach it, especially if it grows by 30% annually. However, it could take a considerable amount of time for SHIB to attain this target from its current level. Notably, The Crypto Basic explored the timeline for when Shiba Inu could hit $0.001, assuming its price grows 30% annually starting in 2025. As mentioned earlier, Shiba Inu is currently down 46.5% year-to-date. However, there is still a chance for a rebound, particularly by October, which historically has an average growth rate of 213%. Timeline for SHIB’s Surge to $0.001 If It Grows 30% Yearly If Shiba Inu grows by 30% annually, its price will rise to approximately $0.00001469 by July 2026. Assuming this growth rate continues, SHIB’s price could reach $0.00002482 by 2028. Maintaining a 30% annual growth rate until 2030 would see SHIB hit around $0.000042. By 2034, it would breach the $0.0001 psychological barrier, reaching roughly $0.0001199. This consistent 30% annual growth would push Shiba Inu’s price to approximately $0.000579 by 2040, increasing further to around $0.000978 by July 2042. Notably, SHIB is expected to reach the ambitious target of $0.001 by August 2042, exactly 17 years and one month from today. Other Experts’ Timelines for SHIB to Reach $0.001 $BNB $SHIB
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TRUMP and HIS NEW MEME COIN While Donald Trump continues to come to the fore with his support for Bitcoin and cryptocurrencies, he has made a new move regarding his own token, Official Trump (TRUMP). At this point, Trump has investments in various cryptocurrencies and they have also started to be used as a payment option. First, many marketplaces selling Donald Trump-branded products, such as GetTrumpWatches.com, GetTrumpFragrances.com, and GetTrumpSneakers.com, announced that they have started accepting payments in Bitcoin (BTC) and TRUMP, in addition to credit cards. With a new move made afterwards, the TRUMP payment network was expanded. According to the new statement made by the GetTrumpMemes X account, the TRUMP token is now accepted in official product stores. GetTrumpMemes has announced that TRUMP token holders can now use the TRUMP cryptocurrency to shop at official Trump merchandise stores. The post included links to three separate online stores selling TRUMP-themed perfumes, sneakers, and watches. These items can now be purchased using TRUMP. $TRUMP $BTC
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