Elon Musk and Donald Trump's nasty feud has had some unintended consequences for the meme coin that inspired the Department of Government Efficiency (DOGE). As CNBC reports, Dogecoin fell 10 percent on Thursday,

Dogecoin DOGE $0.18487 experienced a dramatic 12.5% decline over the past 24 hours, plunging from 19 cents to 16 cents as tensions between President Donald Trump and technology entrepreneur Elon Musk weighed down on crypto markets. Dogecoin’s latest plunge comes against a backdrop of risk-off sentiment.

Due to Billy Markus’ viewpoint, Trump’s tariffs' policies are being analyzed by many, who are discussing the effects on the economy.