Crypto Clash: Trump and Musk Feud Over DOGE Triggers $53M Solana Meme Coin Surge

Musk Leads Charge Against "Big, Beautiful Bill" in Epic Crypto Clash

In a bold move, Elon Musk, the visionary behind Tesla, has taken to social media to voice his strong opposition to President Donald Trump's "big, beautiful bill." Musk believes this legislation undermines the significant work he has spearheaded with the Department of Government Efficiency, also known as DOGE.

On Wednesday, Musk stirred the crypto community by posting a billboard for Quentin Tarantino's action film "Kill Bill," igniting a movement to halt the controversial bill. Crypto enthusiasts, or "degens," responded by launching the "Kill Big Beautiful Bill" (KBBB) meme coin through the Pump.fun platform. The token soared to a staggering $53.12 million market cap within its first nine hours before retracing by 30% to $36.73 million.

Undeterred, the degens took their opposition further by using AI to replace Uma Thurman with a larger-than-life Musk on the "Kill Bill" billboard, fueling the KBBB meme coin frenzy.

• KILL BIG BEAUTIFUL BILL pic.twitter.com/ffY8uOwenH

The clash between these two prominent figures sparked a remarkable nine-hour surge in the KBBB token, peaking at a $53.12 million market cap. However, the token's price later retraced by 36% to $37.68 million before bouncing back 10% to $38.22 million.

Despite the volatility, the token's top trader has already realized a $94,200 profit, with an additional $123,600 worth of tokens still unsold—all from an initial $91,200 investment. Another trader turned $4,599 into $59,700 in profit by selling their entire position.

The story takes an intriguing turn as it’s revealed that President Trump invited Musk to join his presidential campaign trail last year. Musk was later appointed to lead the DOGE initiative, established the day after Trump's inauguration. This move temporarily placed the Dogecoin logo on the official government website.

While the DOGE initiative claims to have cut $180 billion in spending, critics remain. CBS reported that the program's "wall of receipts" includes misleading claims, and a Boston University professor estimates the DOGE USAid cuts could lead to 300,000 preventable deaths, primarily affecting children.

As the battle rages on, Musk continues his social media campaign, slamming the "big, beautiful bill" for "defeating all cost savings achieved by the DOGE team." The crypto community watches closely as these two industry titans clash.