PANews June 6 news, according to Decrypt, with the public break between Musk and U.S. President Trump, related MEME coins faced significant dumping. DOGE fell 6.4% in 24 hours to $0.1788, becoming the seventh worst-performing asset among the top 100 Crypto Assets by market capitalization; TRUMP plummeted 10% to $9.66, becoming the second largest falling Token among the top 100 Crypto Assets.
It is worth noting that Trump had dinner with 220 major holders of TRUMP Token two weeks ago, while Musk had previously used the DOGE logo and established a department named DOGE during his tenure in the government efficiency department. Analysts believe that this incident once again confirms the double-edged sword effect of celebrity influence in the MEME coin market.
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The public rift between Musk and Trump has caused the prices of DOGE and TRU tokens to fall.
PANews June 6 news, according to Decrypt, with the public break between Musk and U.S. President Trump, related MEME coins faced significant dumping. DOGE fell 6.4% in 24 hours to $0.1788, becoming the seventh worst-performing asset among the top 100 Crypto Assets by market capitalization; TRUMP plummeted 10% to $9.66, becoming the second largest falling Token among the top 100 Crypto Assets. It is worth noting that Trump had dinner with 220 major holders of TRUMP Token two weeks ago, while Musk had previously used the DOGE logo and established a department named DOGE during his tenure in the government efficiency department. Analysts believe that this incident once again confirms the double-edged sword effect of celebrity influence in the MEME coin market.