When two of the world’s biggest personalities clash, markets tremble—especially in crypto.
- Dogecoin (DOGE) – Elon Musk’s beloved meme coin plummeted 8% , erasing $2.5 billion in market cap in 24 hours.
- TRUMP coin – The Donald Trump-branded token dropped 8.9% , falling below its $2 billion valuation .
No hacks. No regulations. No technical failures.
Just a social media spat —and billions vanished.
Why Do People Buy Coins with Celebrities’ Faces on Them?
Unlike stocks, where earnings and fundamentals drive decisions, crypto thrives on stories .
Take Vitalik Buterin and Ethereum —many investors don’t just see smart contracts; they see a teenager who rebelled against centralized power after being banned from a video game. That narrative helped build the second-largest blockchain in the world .
People don’t just buy tokens—they buy legends.
And when the legend stumbles? The price crashes.
One Honest Tweet—and Shiba Inu Crashed 27%
Back in 2021, Elon Musk’s Dogecoin memes were fueling a meme coin frenzy. Shiba Inu (SHIB) , riding the hype, surged—until someone asked Musk:
"How much SHIB do you hold?"
His reply?
"None."
That was it.
SHIB dropped 27% in hours.
Millions in value—gone in a tweet.
The Tweet That Killed FTX
The most brutal example? November 2022.
Binance CEO CZ tweeted that his exchange would dump its entire FTT holdings —the token of rival exchange FTX .
Panic erupted.
FTT price collapsed .
Users raced to withdraw funds .
FTX ran out of money —and filed for bankruptcy days later .
One tweet destroyed a multi-billion-dollar empire.
How to Survive Crypto’s Influencer Chaos
The market moves on hype, rumors, and celebrity endorsements . Here’s how to stay safe:
🔥 Don’t buy just for the meme – If a coin’s value depends on one person’s tweets, it’s dangerously fragile .
👀 Watch the influencers – If you hold their pet coin, their Twitter is your earnings call .
🧠 Invest smart – Meme coins are crypto junk food —fun, but not a long-term strategy.
Should You Bet on Personality-Driven Coins?
- Short-term traders? Maybe—but exit before the hype fades .
- Long-term investors? Stick to real tech, strong teams, and actual utility .
Trade Fast, Stay Secure
Still dabbling in meme coins or quick trades? Use a fast, reliable exchange like Changerella —swap instantly without the noise.
Because in crypto, fortunes change at the speed of a tweet.