{"id":8542,"date":"2025-06-06T11:58:00","date_gmt":"2025-06-06T10:58:00","guid":{"rendered":"https:\/\/investx.fr\/en\/?p=8542"},"modified":"2025-06-06T10:44:18","modified_gmt":"2025-06-06T09:44:18","slug":"trump-musk-memecoins-impact","status":"publish","type":"post","link":"https:\/\/preprod.investx.fr\/en\/crypto-news\/trump-musk-memecoins-impact\/","title":{"rendered":"Trump vs Musk : What Their Feud Means for Memecoins"},"content":{"rendered":"\n

Trump and Musk’s Statements Shake Dogecoin<\/strong><\/h2>\n\n\n\n

The fallout between Elon Musk and Donald Trump<\/strong> is not without consequences for the cryptocurrency market. Their public conflict has naturally had a negative impact on Dogecoin<\/a><\/strong>, Elon Musk’s beloved memecoin. Following the harsh statements made by the CEO of Tesla against Trump’s “Big Beautiful Bill,” the virtual currency plummeted nearly 9%. This highlights the vulnerability of such assets<\/strong> to the vicissitudes of current events.<\/p>\n\n\n

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\"dogecoin<\/figure>\n<\/div>\n\n\n

But Dogecoin’s price drop is not the only impact felt. Tesla, Elon Musk’s company, also took a hit, experiencing a 15% decline<\/strong> in its stock price. Thus, the war of words between these two influential figures in the crypto industry<\/a> had tangible repercussions on their respective assets.<\/p>\n\n\n\n

Political Memecoins : The Community War<\/strong><\/h2>\n\n\n\n

Paradoxically, the clash between Musk and Trump<\/strong> also sparked a wave of new memecoins<\/strong>. Indeed, Elon Musk’s “Kill the Bill” slogan to oppose Trump’s bill has become a rallying cry for many cryptoinvestors<\/a>. Several tokens based on this theme have emerged, with some even reaching $7 million<\/strong> in market capitalization in just a few days.<\/p>\n\n\n\n

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I\u2019m sorry, but I just can\u2019t stand it anymore.

This massive, outrageous, pork-filled Congressional spending bill is a disgusting abomination.

Shame on those who voted for it: you know you did wrong. You know it.<\/p>— Elon Musk (@elonmusk)
June 3, 2025<\/a><\/blockquote>