The conflict between Elon Musk and Donald Trump, two figures with significant influence on public opinion and financial markets, can have notable repercussions on cryptocurrencies, especially meme coins that heavily rely on media hype and sentiment. Here’s a breakdown of the potential effects:

1. Fluctuation of meme coin prices:

* Impact on meme coins: Meme coins like Dogecoin and others are significantly affected by the tweets and statements of influential figures. Elon Musk is known for his massive impact on the price of Dogecoin, where his tweets have greatly raised or lowered its price.

* Coins associated with Trump: There are meme cryptocurrencies created in Trump’s name or associated with him, and these coins are directly affected by his positions and statements. Any conflict with him can lead to significant fluctuations in their value.

* Public sentiment: When a dispute arises between prominent figures like Musk and Trump, it creates a state of uncertainty in the market, affecting investors' risk appetite. Meme coins, being highly volatile, are the most susceptible to declines in such an atmosphere.

2. Impact on Bitcoin and major cryptocurrencies:

* Bitcoin: Although Bitcoin is considered more stable than meme coins, it is not immune to negative effects.