MASK Token Crashes 40% Amid Trump Vs Elon Musk Fallout
The post MASK Token Crashes 40% Amid Trump Vs Elon Musk Fallout appeared on BitcoinEthereumNews.com.
Mask Network (MASK) is one of the unlikely casualties of the very public and very personal fallout between President Donald Trump and Elon Musk. The crypto-friendly power duo’s digital bromance once fueled a wave of politically aligned meme coins. Now, amid bitter recriminations and threats flying between the two billionaires, retail traders appear to be exiting the ecosystem, and MASK is feeling the heat. Trump vs. Musk Fallout Hits MASK Price Mask Network (MASK) is one of the inadvertent losers, bearing the brunt of President Donald Trump’s fallout with Elon Musk. As Trump and Musk’s undignified public divorce takes over the internet, the bromance fallout has MASK token holders on a selling spree. After a month-long rally, the MASK token price started dipping earlier in the week. The crash coincided with when Trump and Musk’s bromance break-up started coming out. Specifically, on June 5, when simmering tension between President Donald Trump and Elon Musk exploded into a public brawl of personal attacks and financial threats, the MASK token topped out at $0.02853. The next day, it dropped 45% to $0.01560. “This mask crash was caught by my short again, I’m taking back everything that’s mine! In half a day, it dropped from 2.9 to 1.8, a 30% fall,” said trader @Elizabethofyou. According to analysts, crypto markets are reeling from dampened retail interest. As of this writing, the MASK token was trading for $1.86, with CoinGecko showing a 33.7% drop in the last 24 hours. MASK Price Performance. Source: Coingecko MASK is not the only token caught in the crossfire. According to GeckoTerminal, the Kill Big Beautiful Bill (KBBB) token dropped 67%, while MUSK (Official Musk) crashed nearly 90%. Even AP (American Party), a recent meme coin launched to rally conservative support, is down 80%. Sentiment Collapse After Political-Meme Coin Meltdown Analysts say the…
Filed under: News - @ June 7, 2025 10:28 am