Mastiff has lost almost all of his earnings since President Donald Trump’s electoral victory, his price now oscillating more than 0.2095, according to Tipranks data. The same corner had previously increased to $ 0.48 in December, fueled by optimism around the position of Trump cryptocurrency. However, he has since fell, which makes him one of the main most efficient cryptocurrencies in recent weeks.
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The uncertainty of the market and the scams of coins weigh on DOGE
Widest crypto The market has taken a hit due to fears about commercial prices, inflation and recent scams Marketwatch. Trump of Trump $ASSET Samecoin collapsed by 82% compared to its peak, while the Melania Trump token dropped 93%, which is more about the confidence of investors.
Elon Musk distance itself from the crypto
Dogecoin’s decline occurs while Elon Musk, one of his greatest supporters, specifies that he is not actively involved in the crypto. As indicated by StupidityMusk said: “I don’t advise anyone to buy crypto or bet the farm on Dogecoin.” His past mentions helped to propel Doge to the general public status, but his recent disinterest has left the uncertain merchants of his future.
Regulators are pressure for the same political restrictions
In response to concerns concerning politicians benefiting from the crypto, the representative Sam Liccardo presented the law on memes, which prohibits publication officials or approving coinsaccording to AP news.
While coins are faced with growing skepticism, investors are reassessed their long -term potential in a market which becomes more and more reactive to regulations and real utility. Consequently, investors must remain informed by following the cryptos on the Tipranks Cryptocurrency Center.
