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The cryptonews hub > Blog > Market > Trump v Musk: Crypto Market Dives but Bullish Sentiment Prevails for the Best Presales
Market

Trump v Musk: Crypto Market Dives but Bullish Sentiment Prevails for the Best Presales

Crypto Team
Last updated: June 6, 2025 9:57 pm
Crypto Team
Published: June 6, 2025
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wp header logo 211 Trump v Musk: Crypto Market Dives but Bullish Sentiment Prevails for the Best Presales

The Trump v. Musk war has sent the crypto market into a tailspin, but bullish sentiment prevails for the best presales like Solaxy ($SOLX) and Snorter Token ($SNORT).

Everything unfolded quite fast after that, with Musk calling the bill a ‘disgusting abomination’ and Trump firing back, threatening to terminate Musk’s government subsidies.

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The impact rocked the crypto world, with some suggesting the blow may throw us into a bear market. Fortunately, that doesn’t seem to be the case, except perhaps for Tesla.

The S-3 Form filed with the SEC aims to raise $2.3B from over 50 investors, funds which ‘will be used for the Company’s creation of a Bitcoin treasury and for general corporate purposes.’

Trump Media CEO, Devin Nunes, understandably applauded the move, declaring that:

These activities will provide the Company with the capital, assets, independence, flexibility, and security we need to fulfill our goals of rapid expansion, guaranteeing a wide array of ways to access the capital markets when it’s most advantageous to do so.

This is possible thanks to Solaxy’s off-chain execution and parallel processing, which would result in ultra-low latency.

$SOLX is currently one of the most successful presales of 2025, with over $44M raised since its start and a token price of $0.001746. If you want to join in, you only have 10 days left until the presale ends and the project goes public.

Not taking the FOMO train could be mistake, given the project’s long-term potential.

The Snorter Bot is the response to the risky and demanding process of manual chart scanning, which can result in missed opportunities and issues like sandwich attacks and hidden sell blockers.

The Snorter Bot fixes that problem thanks to its trading workflow embedded directly into Telegram.

This eliminates the need for manual scanning, as well as for multiple wallets, Remote Procedure Call (RPC) settings, and unreliable browser extensions.

The project is based on Matt Furie’s universe, the creator of Pepe the Frog itself, which became one of the most beloved memes in history.

Gasspass, the cat, is the mascot and an original Matt Furie character, part of ZOGZ, a compendium comprising 111 NFT character illustrations, released in May 2023.

With a token supply of 420B and 0% buy and sell taxes, Gasspass has the market’s attention

It’s almost impossible to predict how this will end, especially with two explosive and unpredictable figures like Trump and Musk.

Don’t forget, this isn’t financial advice. Always DYOR (Do Your Own Research) and invest wisely.

source

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