13 hours ago
President Donald Trump and Elon Musk’s fallout caused a large spikes successful memecoin launches and trading, with the largest tokens by trading enactment generating implicit $355 cardinal successful measurement implicit the past 24 hours, according to DEX Screener data.
As traders seized connected the pair’s high-profile societal media clash utilizing Solana’s ecosystem, Official Trump (TRUMP) ranked archetypal connected DEX Screener’s 24-hour trending list, amassing astir $228 cardinal successful volume. Additionally, the token reclaimed the $2 cardinal marketplace headdress level aft losing it connected June 5.
Kill Big Beautiful Bill (KBBB) got the second-largest regular volume, with astir $131 cardinal traded since its launch. KBBB has a marketplace capitalization of astir $12 cardinal arsenic of the clip of this property release.
“Official Musk” (MUSK) placed fifth, posting astir $22 cardinal successful volume, portion “President Vs Elon” (PVE) held the ninth spot aft clearing astir $30 cardinal successful swaps connected PumpSwap pairs initiated past month.
Rounding retired the apical ten, “new governmental party” (XPARTY) recorded conscionable nether $10 cardinal successful trades during its archetypal time of listing. The memecoin is simply a nonstop motion to Musk’s X poll proposing a 3rd US party.
Combined, the 5 tokens accounted for 64% of the astir $556 cardinal successful 24-hour measurement registered by the apical 10 tokens successful DEX Screener’s list.
Fallout drives volatility
The rally followed a late-night speech that ended the Musk–Trump alliance built during the 2024 campaign.
Trump wrote connected Truth Social that helium would “terminate Elon’s governmental subsidies and contracts” and called the entrepreneur “crazy.”
Musk fired backmost connected X, insisting Trump’s predetermination owed overmuch to his enactment and urging Congress to regenerate the president with Vice President JD Vance.
Musk past alleged, without presenting evidence, that Trump appears successful sealed Jeffrey Epstein files, writing, “The information volition travel out.”
Trump replied that Musk’s power “has worn thin,” a remark confirming the nationalist divided and clouding near-term argumentation expectations for integer plus firms that had counted connected their cooperation.
With Musk and Trump yet to de-escalate publicly, traders proceed to show X and Truth Social posts for cues that could widen oregon reverse the meme-coin rally tied to their feud.
The station Trump–Musk feud becomes memecoin meta, leads to surge successful trading volume appeared archetypal connected CryptoSlate.
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