Elon Musk's ongoing feud with Donald Trump has had a detrimental impact on Dogecoin, which fell sharply on the day news of their conflict spread on social media. The meme coin is notably sensitive to events surrounding Musk, its previous peaks driven by his endorsements. Notably, Dogecoin's performance matched the fluctuations in Musk's actions, including those related to Tesla and Twitter. As projections suggest a potential drop to six cents per token, investors face uncertainty, with rumors of a possible selloff emerging amid the ongoing negative sentiment towards the coin.
Elon Musk and Donald Trump's feuding has heavily impacted Dogecoin, causing a significant fall in its value and raising concerns over its future.
The disagreement between Musk and Trump appears to have led Dogecoin to drop by 10 percent recently, showcasing the direct correlation between their antics and the coin's market performance.
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