{"id":72196,"date":"2025-06-06T13:30:01","date_gmt":"2025-06-06T13:30:01","guid":{"rendered":"https:\/\/mycryptomania.com\/?p=72196"},"modified":"2025-06-06T13:30:01","modified_gmt":"2025-06-06T13:30:01","slug":"trump-musk-drama-triggers-400-explosion-in-little-known-meme-coin","status":"publish","type":"post","link":"https:\/\/mycryptomania.com\/?p=72196","title":{"rendered":"Trump-Musk Drama Triggers 400% Explosion in Little-Known Meme Coin"},"content":{"rendered":"

TL;DR<\/strong><\/p>\n

Trump and Musk\u2019s spat appears to have triggered a broad crypto market correction but fueled a sharp rally in one meme coin.<\/span>
\nInvestors, however, should be wary, as tokens of this type are highly volatile and offer no real utility.<\/p>\n

<\/a><\/span><\/h2>\n

The Winner Following the Conflict<\/h2>\n

US President Donald Trump and Tesla CEO Elon Musk, who were quite close during the former\u2019s presidential campaign and even after his return to the White House, clashed in recent days. The feud escalated into a public exchange of sharp insults and accusations, and it seems to have erupted over disagreements concerning Trump\u2019s \u201cOne Big Beautiful Bill.<\/span>\u201c<\/span>\u00a0<\/span><\/p>\n

The legislative proposal introduced by the president aims to implement significant changes across various sectors, including tax policy, healthcare, and national security. Musk, though, <\/span>described<\/a> it as a \u201cdisgusting abomination<\/span>\u201c<\/span> and claimed it would harm America\u2019s financial stability.<\/span><\/p>\n

The conflict between the two men <\/span>had a negative impact on<\/span> the cryptocurrency market, with Bitcoin (BTC) briefly <\/span>plunging<\/span><\/a> below $101,000 while Ethereum (ETH) lost the support level of $2,500.<\/span><\/p>\n

As it usually happens, though, some crypto enthusiasts took advantage of the chaos and launched a meme coin called KILL BIG BEAUTIFUL BILL (KBBB) on the Solana-based platform pump<\/span>.fun<\/span>. The asset\u2019s logo resembles a satirical image of Elon Musk dressed in a yellow tracksuit and holding a sword in his right hand.<\/span><\/p>\n

KBBB\u2019s<\/span> price defied the ongoing market trend, experiencing a staggering 370% rally over <\/span>a 24-hour period<\/span>, while its market capitalization surged above $45 million.<\/span><\/p>\n

<\/a>KBBB Price, Source: CoinGecko<\/p>\n

On the contrary, meme coins related to the American president, including Official Trump (TRUMP), Super Trump (STRUMP), MAGA (TRUMP), <\/span>and others,<\/span> have headed south following the confrontation.<\/span>\u00a0<\/span><\/p>\n

Beware of Such Tokens<\/span><\/h2>\n

While KBBB\u2019s price surge is undoubtedly impressive, investors looking to engage with it (or with similar meme coins) should keep several key points in mind. <\/span><\/p>\n

These tokens typically have no real utility or <\/span>use cases<\/span> and are driven <\/span>purely<\/span> by hype.<\/span> They\u2019re notorious for their enhanced volatility, and it wouldn\u2019t be surprising if KBBB\u2019s valuation drops sharply following the next twist in the Trump-Musk saga or when speculators lose interest when a new one emerges.<\/span><\/p>\n

There\u2019s a golden rule of investing: always conduct thorough research before diving in, and invest only what you\u2019re prepared to lose.<\/span><\/p>\n

The post Trump-Musk Drama Triggers 400% Explosion in Little-Known Meme Coin<\/a> appeared first on CryptoPotato<\/a>.<\/p>","protected":false},"excerpt":{"rendered":"

TL;DR Trump and Musk\u2019s spat appears to have triggered a broad crypto market correction but fueled a sharp rally in one meme coin. Investors, however, should be wary, as tokens of this type are highly volatile and offer no real utility. The Winner Following the Conflict US President Donald Trump and Tesla CEO Elon Musk, […]<\/p>\n","protected":false},"author":0,"featured_media":72197,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[4],"tags":[],"class_list":["post-72196","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-discovery"],"_links":{"self":[{"href":"https:\/\/mycryptomania.com\/index.php?rest_route=\/wp\/v2\/posts\/72196"}],"collection":[{"href":"https:\/\/mycryptomania.com\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/mycryptomania.com\/index.php?rest_route=\/wp\/v2\/types\/post"}],"replies":[{"embeddable":true,"href":"https:\/\/mycryptomania.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=72196"}],"version-history":[{"count":0,"href":"https:\/\/mycryptomania.com\/index.php?rest_route=\/wp\/v2\/posts\/72196\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/mycryptomania.com\/index.php?rest_route=\/wp\/v2\/media\/72197"}],"wp:attachment":[{"href":"https:\/\/mycryptomania.com\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=72196"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/mycryptomania.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=72196"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/mycryptomania.com\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=72196"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}