Donald Trump, Elon Musk Clash Over DOGE Sparks $53 Million Solana Meme Coin
Elon Musk criticizes President Donald Trump's "big, beautiful bill," claiming it undermines his work with the Department of Government Efficiency (DOGE). Musk's billboard for "Kill Bill" inspired the creation of the Kill Big Beautiful Bill (KBBB) meme coin, which reached a market cap of $53.12 million before retracing to $36.73 million. The KBBB token saw significant trading activity, with one trader realizing a profit of $94,200. Trump previously appointed Musk to lead DOGE, which reportedly cut $180 billion in spending, though critics argue the initiative has misleading claims and potential negative impacts on public health. The House passed Trump's bill, projected to increase the deficit by $2.4 trillion over a decade. Musk has actively campaigned against the bill on social media, labeling it a "disgusting abomination."
