Musk vs. Trump Feud Sparks $53M Memecoin Frenzy

The clash between Elon Musk and Donald Trump just ignited a wild memecoin explosion, with KILL BIG BEAUTIFUL BILL (KBBB) soaring to a $53 million market cap as traders went all in on the drama.

This feud's been brewing for weeks, but it erupted when Musk finally cut ties with the Department of Government Efficiency (D.O.G.E.), the Trump-backed project he used to run.

Musk breaks with Trump over 'Big Beautiful Bill'

Musk hit X hard on Tuesday, blasting Trump's new "One Big Beautiful Bill" for trashing all the cost-saving work D.O.G.E. did. In classic Musk style, he went nuclear, calling the bill a "disgusting, massive, outrageous, pork-filled abomination" that could wreck the country's financial future.

This Big Beautiful Bill, the heart of the showdown, got the House's green light last month. Trump's crew says it's a game-changer for economic growth, loaded with tax cuts, military cash boosts, and welfare slashes they claim will save trillions.

White House number-crunchers think the bill's a win, but the Congressional Budget Office says it'll pump $2.4 trillion into the deficit over ten years. That forecast had Musk seeing red, especially since he says D.O.G.E. already slashed $180 billion from the budget.

For Musk, this bill just wiped out D.O.G.E.'s hard-fought wins. That project kicked off right after Trump took office, aiming to ax wasteful spending with Musk as its poster boy. But now, with this bill's crazy spending and handouts, Musk thinks the whole mission's been shot.

Memecoins take center stage

Within hours of Musk trashing the bill, Pump.fun traders pounced, dropping KILL BIG BEAUTIFUL BILL (KBBB) on Solana. Memecoin traders went wild, sending KBBB's market cap skyrocketing to $53.12 million in just nine hours before it pulled back 30% to about $36.73 million.

Overnight, a flood of Musk-themed memecoins hit Solana DEXs. Standouts like MUSK DOGE, X ELON, PEDO FILES, and ELON'S LAST STAND are already raking in millions.

Trump-themed tokens like TRUMP420 and BIG BILL 2025 are also on the rise, turning this whole feud into a full-blown memecoin battle royale.

Trump ends ties with Musk

Things got even crazier when Musk hinted that Trump had ties to Jeffrey Epstein. In a tweetstorm, Musk said Trump's name was in unreleased Epstein files, suggesting that's why they're still under wraps.

Musk also backed calls for Trump's impeachment during his late-night tweet spree.

Trump hit back, saying he was "deeply disappointed" in Musk and claiming he'd "done more for that guy than anyone else." He also suggested Musk's rage was really about the bill's plan to cut EV subsidies, which could hit Tesla hard.

Trump now speaks of Musk in the past tense, signaling their political bromance is toast.

The fallout's not just in crypto. Dogecoin (DOGE), Musk's pet coin, tanked over 9% after the clash, while Tesla dropped 15% as investors worried Musk's political beefs might pull focus from his businesses.

Even Trump-themed coins took a hit on Wednesday, with the official Trump meme token (TRUMP) dipping over 10%. Others like MAGA (TRUMP) and MAGA Hat (MAGA) also slid by 6.4% and 5.5%, with the whole PolitiFi market dropping 10% in response.

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