- *Memecoin Frenzy*: The rivalry sparked a wave of Musk-themed memecoins on Solana-based DEXs, with some tokens surging to multi-million-dollar market caps. Examples include MUSK DOGE, X ELON, PEDO FILES, and ELON'S LAST STAND. Trump-themed coins like TRUMP420 and BIG BILL 2025 also gained traction.
- *KILL BIG BEAUTIFUL BILL (KBBB)*: This memecoin was launched in response to Trump's "One Big Beautiful Bill," which Musk criticized for its spending and subsidies. KBBB's market cap surged to $53 million before dropping 67%.
- *Mask Network (MASK)*: MASK token price crashed 40% amid the Trump-Musk fallout, affecting retail sentiment and meme coin speculations. Analysts highlight MASK's strong fundamentals but warn of ongoing volatility.
- *Crypto Market Decline*: The feud led to a 4% decline in the crypto market, with Bitcoin falling to $105,000. Major altcoins like Ethereum, XRP, and Solana also declined.
- *Liquidations*: The conflict triggered $980 million in crypto liquidations, with Bitcoin falling to around $101,000. Musk's net worth plummeted by $27 billion, and Tesla's stock dropped over 14%.
