Crypto Market Wahala: Trump-Elon Fight Make Bitcoin and PEPE Drop Amid Big Liquidations and Di Rise of FloppyPepe (FPPE)
Di crypto market don ah undergo serious gbege due to public wahala between US President Donald Trump and Tesla CEO Elon Musk. This big fight cause major coins price drop sharply; Bitcoin (BTC) drop almost 3% and e dey test the important $100,000 level. Meme coins too suffer wella: PEPE drop 6.7% for 24 hours and 14.5% for the week, while Trump Coin fall 9.4% daily plus almost 14% for the week. Overall, over $967 million worth liquidation happen, with $345 million from Bitcoin long positions, showing how market dey easily shake because of outside drama and big political plus tech people sabi influence. Although technical sign say PEPE fit recover and some hope for Trump Coin, market gist still dey cautious. Meanwhile, new utility-focused projects like FloppyPepe (FPPE) wey dey use AI and strong community wahala dey gather attention and investor interest, dem raise over $2.36 million for presale even as market fear dey everywhere. For traders, these tins teach say outside event fit affect digital assets well, the risk wey meme coins get for hype, and the opportunity wey clear utility and secure tokens fit bring. Political and celebrity palava fit still keep market shaking, so traders gats dey alert.
Bearish
Public waka wey dey between Trump and Musk don cause sharp fall for Bitcoin, big meme coins like PEPE and Trump Coin, plus e lead to almost $1 billion forced liquidation, wey show say crypto market general and especially affected tokens get bearish momentum immediately. Even though utility-focused projects like FloppyPepe (FPPE) dey attract attention during this wahala, market overall dey cautious and volatility don increase. Historically, similar public fights plus liquidations don cause price go down for short term, and while some new tokens fit get small gains, large impact still bearish for near future.