{"id":2273,"date":"2025-06-06T10:56:49","date_gmt":"2025-06-06T10:56:49","guid":{"rendered":"https:\/\/bitunikey.com\/news\/trump-vs-musk-sparks-memecoin-frenzy-as-kbbb-rallies-to-53m-market-cap\/"},"modified":"2025-06-06T10:56:50","modified_gmt":"2025-06-06T10:56:50","slug":"trump-vs-musk-sparks-memecoin-frenzy-as-kbbb-rallies-to-53m-market-cap","status":"publish","type":"post","link":"https:\/\/bitunikey.com\/news\/trump-vs-musk-sparks-memecoin-frenzy-as-kbbb-rallies-to-53m-market-cap\/","title":{"rendered":"Trump vs. Musk sparks memecoin frenzy as KBBB rallies to $53m market cap"},"content":{"rendered":"
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A heated feud between Musk and Trump spawned KILL BIG BEAUTIFUL BILL, a memecoin that hit a market cap of over $53 million as traders piled into the hype.<\/p>\n

The feud between the two powerhouses has been simmering for weeks, but it finally boiled over after Musk publicly broke away from the Department of Government Efficiency (D.O.G.E.), the Trump-backed initiative he once led.<\/p>\n

Musk breaks with Trump over \u2018Big Beautiful Bill\u2019<\/h2>\n

Musk took to X on Tuesday to voice his frustrations, accusing<\/a> Trump\u2019s new \u201cOne Big Beautiful Bill\u201d of reversing all the cost-cutting progress made by the department. In typical Musk fashion, he didn\u2019t hold back, calling the legislation a \u201cdisgusting, massive, outrageous, pork-filled abomination\u201d and warning his followers that it could ruin the country\u2019s fiscal health.<\/p>\n

The Big Beautiful Bill, at the centre of this clash, was passed by the House last month and is touted by the Trump administration as a sweeping reform package intended to stimulate economic growth. It includes large tax breaks, boosts to military spending, and welfare cuts that Trump claims will ultimately save the nation trillions of dollars.<\/p>\n

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White House economists say the bill\u2019s benefits will outweigh its costs, but the Congressional Budget Office disagrees, estimating that it could add $2.4 trillion to the national deficit over the next decade. That projection alone made Musk\u2019s blood boil, especially since he claims DOGE had already saved $180 billion through aggressive budget reforms.<\/p>\n

For Musk, the bill effectively erased the hard-won victories of D.O.G.E., which was created right after Trump\u2019s inauguration as a pet project to slash wasteful government spending.<\/p>\n

Musk had served as the face of the initiative, but with the new bill\u2019s runaway spending and subsidies, Musk believes the entire mission has been undermined.<\/p>\n

Memecoins take center stage<\/h2>\n

Within hours of Musk\u2019s post slamming the bill, Pump.fun traders seized the opportunity and launched a new memecoin on Solana dubbed the KILL BIG BEAUTIFUL BILL (KBBB).<\/p>\n

Memecoin traders piled in as KBBB surged to a $53.12 million market cap in just nine hours, before cooling off with a 30% correction to around $36.73 million.<\/p>\n

A wave of Musk-themed memecoins popped up overnight on Solana-based DEXs. Some of the top performers include MUSK DOGE, X ELON, PEDO FILES, and ELON\u2019S LAST STAND, several of which have already crossed multi-million-dollar market caps.<\/p>\n

Tokens themed around Trump, including TRUMP420 and BIG BILL 2025, have also gained traction, turning the entire feud into a full-blown memecoin arms race.<\/p>\n

Trump ends ties with Musk<\/h2>\n

Things escalated further when Musk suggested<\/a> that Trump had ties to Jeffrey Epstein. In a series of tweets, Musk claimed the President\u2019s name appeared in unreleased Epstein files and implied that this connection was the real reason those documents remained sealed.\u00a0<\/p>\n

Musk has also supported calls for Trump\u2019s impeachment during his late-night posting spree.<\/p>\n

Reacting to the accusations, Trump said he was \u201cdeeply disappointed\u201d in Musk, claiming he had \u201cdone more for that guy than anyone else.\u201d He also suggested that Musk\u2019s outrage was driven by the bill\u2019s plan to phase out EV subsidies, a move that could significantly impact Tesla.<\/p>\n

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Source: Truth Social<\/figcaption><\/figure>\n

Trump has since spoken of Musk in the past tense and implied their political partnership is over, signaling a clear break in their once-close alliance.<\/p>\n

The fallout has extended beyond crypto. Dogecoin (DOGE), Musk\u2019s longtime favourite, fell over 9% following the clash, while Tesla dropped 15% amid concerns that Musk\u2019s political skirmishes could distract from his business priorities.<\/p>\n

Even Trump-themed coins took a hit on Wednesday, with the President\u2019s official meme token, Official Trump (TRUMP), dipping over 10%. Others, such as MAGA (TRUMP) and MAGA Hat (MAGA), also slipped by 6.4% and 5.5%, with the broader PolitiFi market seeing a 10% drop in response.<\/p>\n

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\n Disclosure: This article does not represent investment advice. The content and materials featured on this page are for educational purposes only. <\/p>\n<\/p><\/div>\n

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A heated feud between Musk and Trump spawned KILL BIG BEAUTIFUL BILL, a memecoin that hit a market cap of over $53 million as traders piled into the hype. The…<\/p>\n","protected":false},"author":1,"featured_media":2274,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[1],"tags":[],"class_list":["post-2273","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-cryptocurrency"],"_links":{"self":[{"href":"https:\/\/bitunikey.com\/news\/wp-json\/wp\/v2\/posts\/2273","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/bitunikey.com\/news\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/bitunikey.com\/news\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/bitunikey.com\/news\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/bitunikey.com\/news\/wp-json\/wp\/v2\/comments?post=2273"}],"version-history":[{"count":1,"href":"https:\/\/bitunikey.com\/news\/wp-json\/wp\/v2\/posts\/2273\/revisions"}],"predecessor-version":[{"id":2275,"href":"https:\/\/bitunikey.com\/news\/wp-json\/wp\/v2\/posts\/2273\/revisions\/2275"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/bitunikey.com\/news\/wp-json\/wp\/v2\/media\/2274"}],"wp:attachment":[{"href":"https:\/\/bitunikey.com\/news\/wp-json\/wp\/v2\/media?parent=2273"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/bitunikey.com\/news\/wp-json\/wp\/v2\/categories?post=2273"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/bitunikey.com\/news\/wp-json\/wp\/v2\/tags?post=2273"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}