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Reading: Trump–Musk feud becomes memecoin meta, leads to surge in trading volume
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The cryptonews hub > Blog > Trending News > Trump–Musk feud becomes memecoin meta, leads to surge in trading volume
Trending News

Trump–Musk feud becomes memecoin meta, leads to surge in trading volume

Crypto Team
Last updated: June 7, 2025 9:14 am
Crypto Team
Published: June 7, 2025
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wp header logo 227 Trump–Musk feud becomes memecoin meta, leads to surge in trading volume

Kill Big Beautiful Bill (KBBB) got the second-largest daily volume, with nearly $131 million traded since its launch. KBBB has a market capitalization of approximately $12 million as of the time of this press release.

“Official Musk” (MUSK) placed fifth, posting about $22 million in volume, while “President Vs Elon” (PVE) held the ninth spot after clearing approximately $30 million in swaps on PumpSwap pairs initiated last month. 

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Combined, the five tokens accounted for 64% of the nearly $556 million in 24-hour volume registered by the top 10 tokens in DEX Screener’s list.

Trump wrote on Truth Social that he would “terminate Elon’s governmental subsidies and contracts” and called the entrepreneur “crazy.” 

Musk then alleged, without presenting evidence, that Trump appears in sealed Jeffrey Epstein files, writing, “The truth will come out.”

Trump replied that Musk’s influence “has worn thin,” a remark confirming the public split and clouding near-term policy expectations for digital asset firms that had counted on their cooperation. 

With Musk and Trump yet to de-escalate publicly, traders continue to monitor X and Truth Social posts for cues that could extend or reverse the meme-coin rally tied to their feud.

source

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