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🚨 $2.5 Billion Lost Over a Tweet: How Musk and Trump Crashed the Crypto Market
‼️ Read Below ‼️
In June 2025, the crypto market faced a sudden and severe downturn, sparked not by regulations or technical flaws—but by tweets from two of the most influential figures of our time: Elon Musk and Donald Trump.
What began as an ego clash quickly escalated. Accusations flew, and the internet watched closely. But beneath the drama, the financial damage was real.
Meme coins like Dogecoin and TRUMP took a direct hit.
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⚡ Musk vs. Trump — The Fallout
$DOGE
A fan-favorite, Dogecoin dipped sharply as tensions rose.
A meme coin branded with Donald Trump’s face fell 8.9%, pushing its market cap below the $2 billion mark.
No hacks.
No security issues.
No new policies.
Just tweets—and billions wiped out.
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Why Do People Buy Coins With Faces?
Unlike traditional stocks, where valuation is tied to performance and earnings, crypto often thrives on narratives and personalities.
Take Vitalik Buterin, for example. Ethereum isn’t just a tech platform—it’s a story. A movement. A vision people believe in.
In the meme coin world, coins like $DOGE, $TRUMP, and $SHIB are even more susceptible to sentiment swings.
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💥 One Honest Tweet — and Shiba Inu Drops 27%
Let’s rewind to late 2021.
Elon Musk was actively tweeting about Dogecoin, calling it the “people’s crypto.” Memes, jokes, support—everything was bullish. As Dogecoin soared, Shiba Inu (SHIB) followed, riding the same dog-themed hype.
Then came a single tweet that changed everything.
> “How much $SHIB do you hold?”
— Musk replied: “None.”
That was it.
Within hours, $SHIB crashed 27%, wiping out millions in market cap. All from a single, honest answer.
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The Takeaway
In crypto, narrative is power. The people behind the coins matter as much—sometimes more—than the technology itself. Investors don’t just follow charts; they follow personalities, memes, and movements.
But as we've seen, when those personalities clash or fall out of favor, markets can collapse instantly.
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