Dispute Between Trump and Musk Sparks Massive Surge in Obscure Meme Coin
The public disagreement between former U.S. President Donald Trump and Tesla CEO Elon Musk has led to a broad correction in the crypto market, but also a significant surge in a lesser-known meme coin. The clash, centered around Trump's proposed "One Big Beautiful Bill," which Musk criticized as damaging to America's financial stability, led to a drop in Bitcoin and Ethereum's values.
However, amid the chaos, a meme coin named KILL BIG BEAUTIFUL BILL (KBBB) was launched, which saw its price skyrocket by 370% in 24 hours and its market cap surpass $45 million. Investors are advised to be cautious as these tokens, driven purely by hype, offer no real utility and are notorious for their volatility. It's essential to conduct thorough research before investing in such tokens and be prepared for potential losses.