Musk and Trump’s Public Feud Intensifies, Impacting Tesla and Crypto Markets
The ongoing feud between Elon Musk and Donald Trump has escalated, with Musk making serious accusations. He claims Trump’s name is in the Epstein files, a significant allegation. Trump hasn’t addressed this,instead focusing on policy disagreements. This drama has caused Tesla’s stock to plummet.
Elon musk’s influence extends to the crypto world, particularly with Dogecoin. As an inevitable result of the fallout, DOGE has seen a 6% drop in 24 hours and a 13% decline in a week. Despite this, analysts predict a potential rally if it breaks its current support level.
Amid the market struggles, a new memecoin, kori, has emerged. Based on a popular TikTok dog, Kori has gained traction with over 3k holders and a $9m market cap. This Solana-based coin is endorsed by the actual Kori team, a first in the industry.
Kori’s success shows the enduring appeal of dog-themed memecoins. While its too early to predict if Kori will match the heights of Shiba Inu or Dogecoin, its rapid growth is noteworthy.
