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Throughout 2025, high-profile figures have thrown their weight behind crypto initiatives—launching tokens, granting pardons to industry figures, and making headlines. Yet the numbers tell a different story. Since early 2025, the overall crypto market cap has contracted by roughly $500 billion. Bitcoin itself is down over 12% from its peak, while the TRUMP token has cratered 93% from its all-time high.
So here's the real question: Did this high-profile involvement actually move the needle for crypto adoption and sentiment? Or did it simply amplify the skepticism that already exists? When celebrity tokens and political endorsements don't translate into sustained market confidence, it raises hard questions about what truly drives long-term value in Web3.