BTCC / BTCC Square / CoingabbarEN /
Dogecoin Tumbles After Musk Steps Back—Meme Coin Meltdown or Buying Opportunity?

Dogecoin Tumbles After Musk Steps Back—Meme Coin Meltdown or Buying Opportunity?

Published:
2025-05-30 14:00:00
18
1

Elon’s out—DOGE drops. Again. The ’people’s crypto’ took another hit after Tesla’s CEO distanced himself from the project, leaving bagholders wondering if this is the end of the meme coin era or just another dip before the next hype cycle.

Market reacts like a spooked horse. Trading volumes spiked as panic sellers rushed for exits—classic crypto volatility meets influencer whiplash. Meanwhile, ’true believers’ are doubling down on the dip, because nothing says sound investing like buying an asset because of a dog meme.

Finance purists smirk. Traditional economists are having a field day watching crypto’s favorite joke currency prove its sensitivity to celebrity whims. But let’s be real—when has the market ever been rational?

Elon Musk has stepped down from his position in... Read More

|Square

Get the BTCC app to start your crypto journey

Get started today Scan to join our 100M+ users