Elon Musk Establishes the American Party, Will the Cryptocurrency World Face New Variables?
Recently, the cryptocurrency world has been buzzing with Elon Musk's major actions! He just endorsed DOGE and then announced the establishment of the American Party. This move has sent the entire financial and political circles into a frenzy.
It is understood that Musk's action is partly due to his disdain for Trump's style of governance, especially since Trump has further expanded the fiscal deficit, which deeply worries Musk. On the other hand, he is also laying the groundwork for his political ambitions, preparing to run for Congress in next year's midterm elections, and there are even rumors that his ultimate goal is to run for the next President of the United States!
From the perspective of the cryptocurrency world, Musk has enormous influence; each of his statements can trigger significant fluctuations in the cryptocurrency market. Now that he is involved in politics, it may have profound implications for future cryptocurrency policies. For long-term investors, this could be a bold signal to enter the market. Keeping a close eye on Musk's subsequent actions may just help seize the next wave of wealth in the cryptocurrency world.
