#TradingTypes101 Pump.fun nudges Elon Musk to launch his token amid fallout with Trump

Pump.fun was quick to jump on the fallout of Donald Trump and Elon Musk over the claims of a bloated spending bill. The meme token platform offered Musk a chance to launch a new token and battle it out on the crypto market. 

Pump.fun called out to Elon Musk on Twitter, suggesting the launch of a new official meme token. The hypothetical new asset would battle it out with Official Trump (TRUMP) while the former partners split over disagreements on government spending. 

Pump.fun commented on the clash between Musk and Trump, suggesting the clash may rile up the trenches and cause traders to split into teams. 

. @elonmusk, sorry to hear about your clash with Trump. Whilst we can't provide an opinion, we can provide a solution:

Trump already launched a coin, which means you have the opportunity to do the funniest thing ever. This is the only time we will endorse PVP.

The time is now.

— pump.fun (@pumpdotfun) June 5, 2025

In addition to Pump.fun’s suggestion, Helius developer Mert Mumtaz suggested Solana must have an official ELON ticker and let the market decide on a winner. 

Both Musk and Trump have been staples for launching unofficial meme tokens, especially during the PolitiFi boom in 2024. Musk has also used his influence to endorse DOGE, and has changed his avatar to boost Kekius Maximus and GORK. However, Musk has not taken the route of an official meme, and all his assets rely on general social media hype

Pump.fun joined the cheering squads on social media, who were observing Trump’s comebacks and Musk’s criticism of his spending bill. 

Musk tokens lose out on the Trump hype

Tokens inspired by Elon Musk only reached a valuation of around $1B, excluding DOGE. The latest fallout with Trump also generated its list of Pump.fun tokens, most notably Kil$BTC