Musk and Trump’s Feud Sparks New Memecoin
A bitter dispute between Elon Musk and Donald Trump has led to the creation of a new memecoin called KILL BIG BEAUTIFUL BILL (KBBB). This coin reached a market cap of over $53 million as traders jumped on the hype.
The conflict between these two influential figures has been brewing for weeks.It escalated when Musk publicly distanced himself from the Department of Government Efficiency (D.O.G.E.),a Trump-backed initiative he once led.
Musk took to X to express his anger. He accused Trump’s “One Big Beautiful Bill” of undoing all the cost-cutting progress made by D.O.G.E. He called the bill a “disgusting, massive, outrageous, pork-filled abomination” and warned it could harm the country’s fiscal health.
The Big Beautiful Bill was passed by the House last month. It includes large tax breaks, increased military spending, and welfare cuts. Trump claims it will save trillions of dollars. Though, the Congressional Budget Office disagrees, estimating it could add $2.4 trillion to the national deficit over the next decade.
Musk believes the bill undermines the mission of D.O.G.E.,which aimed to cut wasteful government spending. He claims the initiative had already saved $180 billion.
Within hours of Musk’s post, traders launched KBBB on Solana. The coin’s market cap surged to $53.12 million in just nine hours.
A wave of Musk-themed memecoins also appeared on Solana-based DEXs. Some top performers include MUSK DOGE, X ELON, and ELON’S LAST STAND.
Trump-themed coins, like TRUMP420 and BIG BILL 2025, have also gained traction. This feud has turned into a full-blown memecoin arms race.
Things escalated further when Musk suggested Trump had ties to Jeffrey Epstein. Trump was “deeply disappointed” in Musk and implied their political partnership is over.
The fallout has extended beyond crypto. Dogecoin (DOGE) fell over 9%, and Tesla dropped 15%. Even Trump-themed coins took a hit, with the Official Trump (TRUMP) token dipping over 10%.
