#TrumpVsMusk Memecoins related to Trump and Musk – particularly Dogecoin and $TRUMP – suffered significant losses on Thursday and Friday as a fierce feud erupted between them on social media. Musk's criticism of the massive tax and spending bill backed by Trump appeared to be the center of the conflict. Musk continued his rhetoric against the bill, calling it "filled with excesses... disgraceful." Trump, in turn, threatened to cut government contracts with Musk's companies, especially SpaceX, and also referred to Musk as "crazy."
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