Musk’s Break With Trump Sparks Price Drop for DOGE & TRUMP Tokens

A public rift between Elon Musk and Donald Trump over a Republican tax bill has sent shockwaves through the cryptocurrency market, particularly affecting Dogecoin (DOGE) and the TRUMP token. These tokens have seen significant price declines, with Dogecoin down 12% for the week after a 6% drop in 24 hours following Musk’s public criticism of the bill on social media. Trump himself responded to Musk’s statements on his Truth Social platform, further highlighting the political nature of the market disruption.