Memecoin Market Takes a Hit as Musk’s Trump Accusation Triggers Chaos

A public feud between Elon Musk and Donald Trump has sent ripples through the cryptocurrency world, particularly the volatile memecoin market. After Musk posted unsubstantiated accusations on X (formerly Twitter), the price of Dogecoin and the Official Trump token saw significant drops. The accusations, which claim Trump is linked to the Epstein case despite no official confirmation, have fueled a frenzy in the crypto space.