💥 What happened?
You’re sitting there, scrolling through your feed, when suddenly Elon Musk launches his political force — America Party. 🚀 And it begins: Donald Trump, who is already flirting with the crypto agenda (ETFs, meme coins, and even his own stablecoin USD1), is clearly not thrilled. 😤
🧐 What's going on with Musk and Trump?
• Musk enters politics, and Trump immediately makes his pain felt: tweeting that he will review government contracts with Tesla, SpaceX and other 'creations' of Elon. ⚙️
• Elon threatens to cut support for crypto in his services — from #Twitter to #Tesla and beyond. 🚗💨
🧠 Why is this important for the crypto market?
Both are heavyweights:
• Musk moves Dogecoin with a single tweet. 🐕🦺
• Trump is shaping the narrative through #etf , meme tokens ($TRUMP ) and legislation. 📜
📊 What to expect if their crypto rivalry heats up?
• Sharp volatility of tokens associated with both ('Musk coins' vs 'Trump coins'). 📈📉
• Surges of interest in $DOGE , $TRUMP and any new meme coins they will promote. 🎯
• The emergence of political tools in DeFi: 'vote with a token', 'donate meme coin', and so on. 💸🔧
🏁 What’s the outcome?
On one hand, hype and new opportunities for speculation. On the other hand, risks to market stability and increased regulation.
What do you think, will this political drama of Elon and Trump benefit crypto or bury the spirit of decentralization? 👇
