Elon Musk “Foolish” issues Warning encryption prices with Memecoin Crash threatens bitcoin
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Elon Musk is currently Fighting to reduce the “terrifying” US debt 36 trillion dollars Through the Ministry of Governmental efficiency inspired by Dogecoin, Folding the speculation of the adoption of wild bitcoin.
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Bitcoin, which rose in the wake of President Donald Trump’s victory in the US elections in November.With some analysts warning, the last bitcoin price can begin.
now, Musk also confirms that he wants to put the US Treasury on Bitcoin and Crypto Blockchain technologyTesla warned billionaire those who expect “victory” by betting on the so-called “fool”-as the Memecoin accident threatens the Bitcoin prices.
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Elon Musk, who leads the government efficiency department inspired by Dogecoin. … [+]
“I mean, it is somewhat similar to if you go to the casino, if you expect to win the casino, then you are a fool,” Musk He said Comedian Bodix Cor Rogan in a large three -hour interview.
Dogecoin, the Bitcoin Specity Compete, adopted by Elon Musk, is one of the original Miminat and voted to draw a market worth $ 80 billion during the Chefir Rally in the Kofid era before the return.
However, Dogecoin managed to stick to more gains, which is currently expected and is currently about 30 billion dollars.
Musk said: “If you expect to beat Meme currencies, you are a fool, you will not win, so do not drown your life savings in mymeenoin … Do not bet on the farm.”
The latest madness of the Memecoin market began last year, which was helped by launching platforms like Pump.fun, which allows the creation of mimokins easily in seconds.
Memecoins such as Dogwifhat, Pepe, Bonk and Shiba Inu have seen the high prices, and reached its climax by launching memecoin under the title Donald Trump approved by the President.
“We have been hypnotized by price mutations, metal, and media glasses, and we forget that Crypto was supposed to be a new financial system – a system based on no central protocols that make financing accessible to all.”
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Bitcoin price decreased sharply, as it decreased due to the collapse … [+]
The Memecoin market reached its climax in December of last year at $ 37 billion in the market value, according to Coinmarketca. DataBefore he decreased sharply and then a liar when Trump posted about $ Trump Memecoin.
The $ Trump Memecoin has risen to more than $ 60 before it is broken and now trades with less than $ 14.
“The issue is not only decreased to low prices, but the awareness that the informed can collect the large amounts early, take advantage of the main patch exchanges of liquidity, then sell for retailers with more than $ 60 per code, only to trade less than $ 16. Marcus Thyin, the founder of research 10x in an e -mail note:
“This shift in feeling greatly led to retail speculation, which enhances our cautious outlook. Merme Coin’s daily launchs reached its climax after a short period of the emergence of $ TROMP, but it decreased sharply. $ TROMP now decreased by 85 % of its highest levels, as it was traded by only $ 11.5, leaving retailers again sitting on heavy losses After buying in the noise. “
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