Conspiracy theory here:

Musk pushes shitcoins in deference/collusion to/with the US government. He gets US gov contracts. Fedgov gets noobs and marks to buy on shitcoins cuz Musk promotes them.

Eventually the marks get rugged, cry out to US gov for redress, and BTC gets painted with the wide brush and onerous regulations/taxation comes to BTC. BTC price tanks, setting back US adoption for years.