The recent feud between Trump and Musk came after the tech billionaire, who had contributed millions to Trump’s election campaign and served as a White House advisor,
Trump expressed his disappointment with Musk’s behavior to reporters, to which Musk responded by posting on X that without him, Trump would have lost the election. He also accused Trump of having something to do with files related to Jeffrey Epstein, the disgraced financier who died in prison while awaiting charges for sex trafficking.
All of this led to a surge in meme coin trading, with the top 10 meme coins recording $556M in trading volume over 24 hours.
More specifically, five tokens have accounted for more than 64% of the volume, generating over $355 million. They include Kill Big Beautiful Bill ($KBBB), OFFICIAL TRUMP ($TRUMP), President vs Elon ($PVE), OFFICIAL MUSK ($MUSK), and New Political Party ($XPARTY).