ℹ️ Skipped - page is already crawled
| Filter | Status | Condition | Details |
|---|---|---|---|
| HTTP status | PASS | download_http_code = 200 | HTTP 200 |
| Age cutoff | PASS | download_stamp > now() - 6 MONTH | 2.1 months ago |
| History drop | PASS | isNull(history_drop_reason) | No drop reason |
| Spam/ban | PASS | fh_dont_index != 1 AND ml_spam_score = 0 | ml_spam_score=0 |
| Canonical | FAIL | meta_canonical IS NULL OR = '' OR = src_unparsed | com,aol!www,/articles/tesla-bull-reveals-major-reason-185235475.html s443 |
| Property | Value |
|---|---|
| URL | https://www.aol.com/finance/tesla-bull-reveals-major-reason-185235475.html |
| Last Crawled | 2026-02-19 11:24:11 (2 months ago) |
| First Indexed | not set |
| HTTP Status Code | 200 |
| Content | |
| Meta Title | Tesla bull reveals major reason for crypto crash - AOL |
| Meta Description | The investor points out memecoin frenzy and their impact on broader crypto market |
| Meta Canonical | com,aol!www,/articles/tesla-bull-reveals-major-reason-185235475.html s443 |
| Boilerpipe Text | Bitcoin (BTC) has been struggling to gain a foothold on its price for the past couple of months. At the time of writing, it was hovering near $69,000, a drop of nearly 44% since its peak of $124,000 in October 2025.
But according to popular investor and CEO of Gerber Kawasaki Wealth & Investment Management, Ross Gerber, the reason for this struggle may not be macro forces alone.
Instead, he points to the explosion of celebrity-backed
meme coins
as a key driver of fading confidence.
Related: Memecoin mania cools, as Trump token invites greater scrutiny of the sector
Meme coin fatigue sets in
Gerber argues that the launch of
Donald Trump
and Melania Trump-themed meme coins around his second term's inauguration in January 2025, followed by a wave of celebrity-endorsed coins, has left retail investors burned and skeptical, Business Insider
reported
on Feb. 13.
For him, meme coins either resemble rug pulls or collapse so quickly that investors are left with nothing but losses.
Gerber cited the sharp declines in
World Liberty Financial Coin
(WLFI) and the Melania token (MELANIA), along with the Trump meme coin (TRUMP).
“People dive in and buy this stuff because they buy into the fraud, basically, and then they get burned, and that money doesn’t come back,”
Gerber said.
Ever since their launch, as per CoinGecko, TRUMP coin has fallen by 88.3% while MELANIA coin has dropped by 98.4%. Meanwhile, WLFI,
He also pointed to other celebrity-linked tokens, including one launched by former New York City Mayor
Eric Adams
and the HAWK coin from internet personality Haliey Welch, as examples of short-lived hype followed by steep declines.
Popular on TheStreet Roundtable:
Meme coins scare traders away
For Gerber, the damage goes beyond individual tokens.
Bitcoin
’s rallies have historically depended on new participants entering the market. But when retail investors lose money on meme coins, Gerber explained that many lose confidence in crypto altogether and make their exit.
“It’s extremely difficult for Bitcoin to rally when investors are being scared away from crypto,”
he argued.
Gerber also believes the administration’s looser approach to
crypto regulation
may be contributing to the perception of a less disciplined market environment. This potentially scares away more conservative investors.
Related: 136-year-old investment firm predicts next Bitcoin crash
This story was originally published by
TheStreet
on Feb 13, 2026, where it first appeared in the
MARKETS
section. Add TheStreet as a
Preferred Source by clicking here. |
| Markdown | - [Home](https://www.aol.com/ "Home")
- [Montreal, QC Montreal, QC Local News](https://www.aol.com/local/ "Local")
- [Subscriptions](https://www.aol.com/products?ncid=mbr_rusacqlnk00000036 "Subscriptions")
- [Animals](https://www.aol.com/animals/ "Animals")
- [Entertainment](https://www.aol.com/entertainment/ "Entertainment")
- Finance
- [Food](https://www.aol.com/food/ "Food")
- [Games](https://www.aol.com/games/ "Games")
- Health
- [Home & Garden](https://www.aol.com/home-garden/ "Home & Garden")
- News
- [Shopping](https://www.aol.com/shopping/ "Shopping")
- [Style](https://www.aol.com/style/ "Style")
- [Travel](https://www.aol.com/travel/ "Travel")
- [True Crime](https://www.aol.com/true-crime/ "True Crime")
- Back
- Finance
- [Finance](https://www.aol.com/finance/ "Finance")
- [Banking](https://www.aol.com/finance/banking/ "Banking")
- [Business News](https://www.aol.com/news/business/ "Business News")
- [Estate & Retirement Planning](https://www.aol.com/finance/retirement-planning/ "Estate & Retirement Planning")
- [Loans & Mortgages](https://www.aol.com/finance/mortgages/ "Loans & Mortgages")
- Back
- Health
- [Health](https://www.aol.com/health/ "Health")
- [Medicare](https://www.aol.com/health/medicare/ "Medicare")
- Back
- News
- [News](https://www.aol.com/news/ "News")
- [Business](https://www.aol.com/news/business/ "Business")
- [Lighter Side](https://www.aol.com/news/lighter "Lighter Side")
- [Politics](https://www.aol.com/news/politics/ "Politics")
- [Science & Tech](https://www.aol.com/news/science-tech/ "Science & Tech")
- [Sports](https://www.aol.com/news/sports/ "Sports")
- [Weather](https://www.aol.com/weather/ "Weather")
Menu
24/7 Help
For premium support please call:
[800-290-4726](tel:800-290-4726)
[more ways to reach us](https://help.aol.com/contact/)
[Sign in](https://oidc.www.aol.com/login/?lang=en-us&intl=us&src=fp-us&dest=https%3A%2F%2Fwww.aol.com%2Ffinance%2Ftesla-bull-reveals-major-reason-185235475.html "Sign in")
[Mail](https://mail.aol.com/ "email link")
24/7 Help
For premium support please call:
[800-290-4726](tel:800-290-4726)
[more ways to reach us](https://help.aol.com/contact/)
[Mail](https://mail.aol.com/ "email link")
[Sign in](https://oidc.www.aol.com/login/?lang=en-us&intl=us&src=fp-us&dest=https%3A%2F%2Fwww.aol.com%2Ffinance%2Ftesla-bull-reveals-major-reason-185235475.html "Sign in")
- [Home](https://www.aol.com/ "Home")
- [Montreal, QC Montreal, QC Local News](https://www.aol.com/local/ "Local")
- [Subscriptions](https://www.aol.com/products?ncid=mbr_rusacqlnk00000036 "Subscriptions")
- [Animals](https://www.aol.com/animals/ "Animals")
- [Entertainment](https://www.aol.com/entertainment/ "Entertainment")
- Finance
- [Food](https://www.aol.com/food/ "Food")
- [Games](https://www.aol.com/games/ "Games")
- Health
- [Home & Garden](https://www.aol.com/home-garden/ "Home & Garden")
- News
- [Shopping](https://www.aol.com/shopping/ "Shopping")
- [Style](https://www.aol.com/style/ "Style")
- [Travel](https://www.aol.com/travel/ "Travel")
- [True Crime](https://www.aol.com/true-crime/ "True Crime")
- Back
- Finance
- [Finance](https://www.aol.com/finance/ "Finance")
- [Banking](https://www.aol.com/finance/banking/ "Banking")
- [Business News](https://www.aol.com/news/business/ "Business News")
- [Estate & Retirement Planning](https://www.aol.com/finance/retirement-planning/ "Estate & Retirement Planning")
- [Loans & Mortgages](https://www.aol.com/finance/mortgages/ "Loans & Mortgages")
- Back
- Health
- [Health](https://www.aol.com/health/ "Health")
- [Medicare](https://www.aol.com/health/medicare/ "Medicare")
- Back
- News
- [News](https://www.aol.com/news/ "News")
- [Business](https://www.aol.com/news/business/ "Business")
- [Lighter Side](https://www.aol.com/news/lighter "Lighter Side")
- [Politics](https://www.aol.com/news/politics/ "Politics")
- [Science & Tech](https://www.aol.com/news/science-tech/ "Science & Tech")
- [Sports](https://www.aol.com/news/sports/ "Sports")
- [Weather](https://www.aol.com/weather/ "Weather")
[Sign in](https://oidc.www.aol.com/login/?lang=en-us&intl=us&src=fp-us&dest=https%3A%2F%2Fwww.aol.com%2Ffinance%2Ftesla-bull-reveals-major-reason-185235475.html)
- [Home](https://www.aol.com/ "Home")
- [Montreal, QC Montreal, QC Local News](https://www.aol.com/local/ "Local")
- [Subscriptions](https://www.aol.com/products?ncid=mbr_rusacqlnk00000036 "Subscriptions")
- [Animals](https://www.aol.com/animals/ "Animals")
- [Entertainment](https://www.aol.com/entertainment/ "Entertainment")
- Finance
- [Food](https://www.aol.com/food/ "Food")
- [Games](https://www.aol.com/games/ "Games")
- Health
- [Home & Garden](https://www.aol.com/home-garden/ "Home & Garden")
- News
- [Shopping](https://www.aol.com/shopping/ "Shopping")
- [Style](https://www.aol.com/style/ "Style")
- [Travel](https://www.aol.com/travel/ "Travel")
- [True Crime](https://www.aol.com/true-crime/ "True Crime")
- Back
- Finance
- [Finance](https://www.aol.com/finance/ "Finance")
- [Banking](https://www.aol.com/finance/banking/ "Banking")
- [Business News](https://www.aol.com/news/business/ "Business News")
- [Estate & Retirement Planning](https://www.aol.com/finance/retirement-planning/ "Estate & Retirement Planning")
- [Loans & Mortgages](https://www.aol.com/finance/mortgages/ "Loans & Mortgages")
- Back
- Health
- [Health](https://www.aol.com/health/ "Health")
- [Medicare](https://www.aol.com/health/medicare/ "Medicare")
- Back
- News
- [News](https://www.aol.com/news/ "News")
- [Business](https://www.aol.com/news/business/ "Business")
- [Lighter Side](https://www.aol.com/news/lighter "Lighter Side")
- [Politics](https://www.aol.com/news/politics/ "Politics")
- [Science & Tech](https://www.aol.com/news/science-tech/ "Science & Tech")
- [Sports](https://www.aol.com/news/sports/ "Sports")
- [Weather](https://www.aol.com/weather/ "Weather")
# Tesla bull reveals major reason for crypto crash
Pooja Rajkumari
Fri, February 13, 2026 at 6:52 PM UTC
0
Bitcoin (BTC) has been struggling to gain a foothold on its price for the past couple of months. At the time of writing, it was hovering near \$69,000, a drop of nearly 44% since its peak of \$124,000 in October 2025.
But according to popular investor and CEO of Gerber Kawasaki Wealth & Investment Management, Ross Gerber, the reason for this struggle may not be macro forces alone.
Instead, he points to the explosion of celebrity-backed [meme coins](https://www.thestreet.com/crypto/tag/memecoins) as a key driver of fading confidence.
**[Related: Memecoin mania cools, as Trump token invites greater scrutiny of the sector](https://www.thestreet.com/crypto/markets/memecoin-mania-cools-as-trump-token-invites-greater-scrutiny-of-sector)**
## Meme coin fatigue sets in
Gerber argues that the launch of [Donald Trump](https://www.thestreet.com/crypto/markets/trumps-wealth-is-now-surprisingly-less-about-real-estate) and Melania Trump-themed meme coins around his second term's inauguration in January 2025, followed by a wave of celebrity-endorsed coins, has left retail investors burned and skeptical, Business Insider [reported](https://www.businessinsider.com/bitcoin-donald-trump-meme-coins-crypto-market-investing-btc-wlfi-2026-2) on Feb. 13.
For him, meme coins either resemble rug pulls or collapse so quickly that investors are left with nothing but losses.
[](https://www.coingecko.com/en/coins/official-trump)
Gerber cited the sharp declines in [World Liberty Financial Coin](https://www.thestreet.com/crypto/trading/trump-backed-stablecoin-quietly-overtakes-paypal-amid-binance-boost) (WLFI) and the Melania token (MELANIA), along with the Trump meme coin (TRUMP).
Advertisement
> **“People dive in and buy this stuff because they buy into the fraud, basically, and then they get burned, and that money doesn’t come back,”** Gerber said.
Ever since their launch, as per CoinGecko, TRUMP coin has fallen by 88.3% while MELANIA coin has dropped by 98.4%. Meanwhile, WLFI,
[](https://www.coingecko.com/en/coins/melania-meme)
He also pointed to other celebrity-linked tokens, including one launched by former New York City Mayor [Eric Adams](https://www.thestreet.com/crypto/markets/eric-adams-trump-style-memecoin-crashes-80-within-minutes) and the HAWK coin from internet personality Haliey Welch, as examples of short-lived hype followed by steep declines.
### Popular on TheStreet Roundtable:
- [**U.S. household debt hits \$18.8T as missed payments surge**](https://www.thestreet.com/crypto/markets/us-household-debt-hits-18-8t-as-missed-payments-surge)
- [**Standard Chartered slashes 50% price target for Bitcoin**](https://www.thestreet.com/crypto/trading/standard-chartered-slashes-50-price-target-for-bitcoin)
- [**Gold, silver, S\&P 500, crypto crash again amid extreme fear**](https://www.thestreet.com/crypto/markets/gold-silver-sp-500-crypto-crash-again)
## Meme coins scare traders away
For Gerber, the damage goes beyond individual tokens.
[Bitcoin](http://thestreet.com/crypto/bitcoin)’s rallies have historically depended on new participants entering the market. But when retail investors lose money on meme coins, Gerber explained that many lose confidence in crypto altogether and make their exit.
> **“It’s extremely difficult for Bitcoin to rally when investors are being scared away from crypto,”** he argued.
Gerber also believes the administration’s looser approach to [crypto regulation](https://www.thestreet.com/crypto/tag/crypto-regulations) may be contributing to the perception of a less disciplined market environment. This potentially scares away more conservative investors.
**[Related: 136-year-old investment firm predicts next Bitcoin crash](https://www.thestreet.com/crypto/trading/136-year-old-investment-bank-predicts-next-bitcoin-crash)**
*This story was originally published by [TheStreet](https://www.thestreet.com/crypto/markets/tesla-bull-reveals-major-reason-for-crypto-crash) on Feb 13, 2026, where it first appeared in the [MARKETS](https://www.thestreet.com/markets) section. Add TheStreet as a [Preferred Source by clicking here.](https://google.com/preferences/source?q=thestreet.com)*
Show comments
0
Advertisement
## From Our Partners
[](https://legal.yahoo.com/us/en/yahoo/privacy/adinfo/index.html)
Advertisement
### Calculator and Tools
[ TaxCaster Free Tax Calculator](https://turbotax.intuit.com/tax-tools/calculators/taxcaster/?cid=seo_aol_rightrail_taxcaster)
[ Tax Bracket Calculator](https://turbotax.intuit.com/tax-tools/calculators/tax-bracket/?cid=seo_aol_rightrail_taxbracket)
[ W-4 Withholding Calculator](https://turbotax.intuit.com/tax-tools/calculators/w4/?cid=seo_aol_rightrail_w4)
[ Tax Reform Calculator](https://blog.turbotax.intuit.com/tax-r%20eform/tax-reform-calculator-120487/?cid=seo_aol_rightrail_taxreform)
[](https://turbotax.intuit.com/#cid=seo_aol_logo)
#### In Other News
[Entertainment](https://www.aol.com/entertainment/)
[Entertainment](https://www.aol.com/entertainment/ "Entertainment")
[](https://www.people.com/)
[People](https://www.people.com/)
[Reward for information about Savannah Guthrie's missing mom Nancy increased to over \$…](https://www.aol.com/articles/reward-information-savannah-guthries-missing-104330510.html)
[](https://www.aol.com/articles/reward-information-savannah-guthries-missing-104330510.html)
[Entertainment](https://www.aol.com/entertainment/ "Entertainment")
[](https://www.people.com/)
[People](https://www.people.com/)
[Ex-Prince Andrew arrested on morning of his 66th birthday on suspicion of misconduct …](https://www.aol.com/articles/ex-prince-andrew-arrested-morning-102214746.html)
[](https://www.aol.com/articles/ex-prince-andrew-arrested-morning-102214746.html)
[Food](https://www.aol.com/food/)
[Food](https://www.aol.com/food/ "Food")
[](https://momswholove.com/)
[Moms Who Love](https://momswholove.com/)
[10 gas station snacks that are secretly gourmet](https://www.aol.com/articles/10-gas-station-snacks-secretly-200823963.html)
[](https://www.aol.com/articles/10-gas-station-snacks-secretly-200823963.html)
[Food](https://www.aol.com/food/ "Food")
[](https://www.chowhound.com/)
[Chowhound](https://www.chowhound.com/)
[A splash of this dressing takes egg salad from bland to bam](https://www.aol.com/articles/splash-dressing-takes-egg-salad-232500951.html)
[](https://www.aol.com/articles/splash-dressing-takes-egg-salad-232500951.html)
[Lighter Side](https://www.aol.com/news/lighter/)
[Lighter Side](https://www.aol.com/news/lighter/ "Lighter Side")
[](https://www.people.com/)
[People](https://www.people.com/)
[Student, 21, who sends his mom outfit videos every morning says it's 'like having my …](https://www.aol.com/articles/student-21-sends-mom-outfit-010000051.html)
[](https://www.aol.com/articles/student-21-sends-mom-outfit-010000051.html)
[Lighter Side](https://www.aol.com/news/lighter/ "Lighter Side")
[](https://www.people.com/)
[People](https://www.people.com/)
[Former Calvin Klein employees reveal what it was really like working with Carolyn Bes…](https://www.aol.com/articles/former-calvin-klein-employees-reveal-223151512.html)
[](https://www.aol.com/articles/former-calvin-klein-employees-reveal-223151512.html)
[News](https://www.aol.com/news/)
[News](https://www.aol.com/news/ "News")
[](https://apnews.com/)
[Associated Press](https://apnews.com/)
[Former South Korean President Yoon receives life sentence for imposing martial law](https://www.aol.com/articles/former-south-korean-president-yoon-050551488.html)
[](https://www.aol.com/articles/former-south-korean-president-yoon-050551488.html)
[News](https://www.aol.com/news/ "News")
[](https://apnews.com/)
[Associated Press](https://apnews.com/)
[Iran and the US lean into gunboat diplomacy as nuclear talks hang in balance](https://www.aol.com/articles/iran-us-lean-gunboat-diplomacy-080442421.html)
[](https://www.aol.com/articles/iran-us-lean-gunboat-diplomacy-080442421.html)
[Sports](https://www.aol.com/news/sports/)
[Sports](https://www.aol.com/news/sports/ "Sports")
[](https://www.usatoday.com/sports/)
[USA TODAY Sports](https://www.usatoday.com/sports/)
[Mike Wagner, 4-time Super Bowl champion and Steelers, star dies at 76](https://www.aol.com/articles/mike-wagner-four-time-super-032501085.html)
[](https://www.aol.com/articles/mike-wagner-four-time-super-032501085.html)
[Sports](https://www.aol.com/news/sports/ "Sports")
[](https://sports.yahoo.com/)
[Yahoo Sports](https://sports.yahoo.com/)
[No. 5 UConn stumbles at home in loss to Creighton as hopes for No. 1 seed in NCAA tou…](https://www.aol.com/article/no-5-uconn-stumbles-at-home-in-loss-to-creighton-as-hopes-for-no-1-seed-in-ncaa-tournament-dwindle-021856215.html)
[](https://www.aol.com/article/no-5-uconn-stumbles-at-home-in-loss-to-creighton-as-hopes-for-no-1-seed-in-ncaa-tournament-dwindle-021856215.html)
[Weather](https://www.aol.com/weather/)
[Weather](https://www.aol.com/weather/ "Weather")
[](https://www.weather.com/)
[The Weather Channel](https://www.weather.com/)
[An East Coast Storm, Nor'easter With Snow, Rain, Wind Is Possible Sunday And Monday. …](https://www.aol.com/articles/east-coast-storm-noreaster-snow-130000915.html)
[](https://www.aol.com/articles/east-coast-storm-noreaster-snow-130000915.html)
[Weather](https://www.aol.com/weather/ "Weather")
[](https://www.weather.com/)
[The Weather Channel](https://www.weather.com/)
[California Storm With Feet Of Sierra Snow, Avalanche Risk, Locally Flooding Rain Cont…](https://www.aol.com/articles/hope-west-snowpack-pattern-change-191957671.html)
[](https://www.aol.com/articles/hope-west-snowpack-pattern-change-191957671.html)
Advertisement
- [Animals](https://www.aol.com/animals/)
\|
- [Business](https://www.aol.com/news/business/)
\|
- [Celebrity](https://www.aol.com/entertainment/celebrity/)
\|
- [Entertainment](https://www.aol.com/entertainment/)
\|
- [Finance](https://www.aol.com/finance/)
\|
- [Food](https://www.aol.com/food/)
\|
- [Health](https://www.aol.com/health/)
\|
- [News](https://www.aol.com/news/)
\|
- [Politics](https://www.aol.com/news/politics/)
\|
- [Shopping](https://www.aol.com/shopping/)
\|
- [Sports](https://www.aol.com/news/sports/)
\|
- [Style](https://www.aol.com/style/)
\|
- [True Crime](https://www.aol.com/true-crime/)
- [Feedback](https://aol.uservoice.com/forums/923410-aol-com)
- [Help](https://help.aol.com/products/aol)
- [Join AOL](https://login.aol.com/account/create)
- [Accessibility](https://www.yahooinc.com/accessibility/)
- [EU Digital Services Act](https://www.yahooinc.com/transparency/reports/eu-digital-services-act/index.html)
- [Terms](https://guce.aol.com/terms?locale=en-US) and [Privacy Policy](https://guce.aol.com/privacy-policy?locale=en-US)
- [Privacy & Cookie Settings](https://guce.aol.com/privacy-settings?locale=en-US)
- [About Us](https://www.yahooinc.com/about/)
- [About our Ads](https://legal.yahoo.com/us/en/yahoo/privacy/adinfo/index.html)
- [Advertising](https://www.adtech.yahooinc.com/advertiser)
- [Licensing](https://info.wrightsmedia.com/aol-licensing)
- [Sitemap](https://www.aol.com/htmlsitemap/)
- [](https://app.appsflyer.com/com.aol.mobile.aolapp?pid=NativePlacement&c=US_Acquisition_YMktg_320_AOLFooter_&af_sub1=Acquisition&af_sub2=US_YMktg&af_sub3=&af_sub4=100000510&af_sub5=creative1___&af_r= "Google Play Store")
- [](https://app.appsflyer.com/id646100661?pid=NativePlacement&c=US_Acquisition_YMktg_320_AOLFooter_&af_sub1=Acquisition&af_sub2=US_YMktg&af_sub3=&af_sub4=100000510&af_sub5=creative1___ "Apple App Store")
© 2026 AOL Media LLC. All rights reserved. |
| Readable Markdown | Bitcoin (BTC) has been struggling to gain a foothold on its price for the past couple of months. At the time of writing, it was hovering near \$69,000, a drop of nearly 44% since its peak of \$124,000 in October 2025.
But according to popular investor and CEO of Gerber Kawasaki Wealth & Investment Management, Ross Gerber, the reason for this struggle may not be macro forces alone.
Instead, he points to the explosion of celebrity-backed [meme coins](https://www.thestreet.com/crypto/tag/memecoins) as a key driver of fading confidence.
**[Related: Memecoin mania cools, as Trump token invites greater scrutiny of the sector](https://www.thestreet.com/crypto/markets/memecoin-mania-cools-as-trump-token-invites-greater-scrutiny-of-sector)**
## Meme coin fatigue sets in
Gerber argues that the launch of [Donald Trump](https://www.thestreet.com/crypto/markets/trumps-wealth-is-now-surprisingly-less-about-real-estate) and Melania Trump-themed meme coins around his second term's inauguration in January 2025, followed by a wave of celebrity-endorsed coins, has left retail investors burned and skeptical, Business Insider [reported](https://www.businessinsider.com/bitcoin-donald-trump-meme-coins-crypto-market-investing-btc-wlfi-2026-2) on Feb. 13.
For him, meme coins either resemble rug pulls or collapse so quickly that investors are left with nothing but losses.
[](https://www.coingecko.com/en/coins/official-trump)
Gerber cited the sharp declines in [World Liberty Financial Coin](https://www.thestreet.com/crypto/trading/trump-backed-stablecoin-quietly-overtakes-paypal-amid-binance-boost) (WLFI) and the Melania token (MELANIA), along with the Trump meme coin (TRUMP).
> **“People dive in and buy this stuff because they buy into the fraud, basically, and then they get burned, and that money doesn’t come back,”** Gerber said.
Ever since their launch, as per CoinGecko, TRUMP coin has fallen by 88.3% while MELANIA coin has dropped by 98.4%. Meanwhile, WLFI,
[](https://www.coingecko.com/en/coins/melania-meme)
He also pointed to other celebrity-linked tokens, including one launched by former New York City Mayor [Eric Adams](https://www.thestreet.com/crypto/markets/eric-adams-trump-style-memecoin-crashes-80-within-minutes) and the HAWK coin from internet personality Haliey Welch, as examples of short-lived hype followed by steep declines.
### Popular on TheStreet Roundtable:
## Meme coins scare traders away
For Gerber, the damage goes beyond individual tokens.
[Bitcoin](http://thestreet.com/crypto/bitcoin)’s rallies have historically depended on new participants entering the market. But when retail investors lose money on meme coins, Gerber explained that many lose confidence in crypto altogether and make their exit.
> **“It’s extremely difficult for Bitcoin to rally when investors are being scared away from crypto,”** he argued.
Gerber also believes the administration’s looser approach to [crypto regulation](https://www.thestreet.com/crypto/tag/crypto-regulations) may be contributing to the perception of a less disciplined market environment. This potentially scares away more conservative investors.
**[Related: 136-year-old investment firm predicts next Bitcoin crash](https://www.thestreet.com/crypto/trading/136-year-old-investment-bank-predicts-next-bitcoin-crash)**
*This story was originally published by [TheStreet](https://www.thestreet.com/crypto/markets/tesla-bull-reveals-major-reason-for-crypto-crash) on Feb 13, 2026, where it first appeared in the [MARKETS](https://www.thestreet.com/markets) section. Add TheStreet as a [Preferred Source by clicking here.](https://google.com/preferences/source?q=thestreet.com)* |
| ML Classification | |
| ML Categories | null |
| ML Page Types | null |
| ML Intent Types | null |
| Content Metadata | |
| Language | en-us |
| Author | Pooja Rajkumari |
| Publish Time | 2026-02-13 18:52:35 (2 months ago) |
| Original Publish Time | 2026-02-13 18:52:35 (2 months ago) |
| Republished | No |
| Word Count (Total) | 944 |
| Word Count (Content) | 405 |
| Links | |
| External Links | 0 |
| Internal Links | 1 |
| Technical SEO | |
| Meta Nofollow | No |
| Meta Noarchive | No |
| JS Rendered | No |
| Redirect Target | null |
| Performance | |
| Download Time (ms) | 2,849 |
| TTFB (ms) | 1,849 |
| Download Size (bytes) | 344,579 |
| Shard | 102 (laksa) |
| Root Hash | 10243928666277241102 |
| Unparsed URL | com,aol!www,/finance/tesla-bull-reveals-major-reason-185235475.html s443 |