#TrumpVsMusk

Elon Musk's favorite cryptocurrency is tumbling as he feuds with Trump

Dogecoin has tumbled amid Elon Musk public dispute with Donald Trump.

Musk is a longtime fan of the meme coin, often pumping its price with small mentions on social media.

The price of the crypto dropped 6% in the last 24 hours as Musk and Trump traded barbs.

Dogecoin has been tumbling as its most famous backer spars with Donald Trump over the budget bill.

Dogecoin, the crypto Elon Musk has touted and made memes about for years on social media, saw its price tumble this week as Musk and President Donald Trump exchanged barbs over the Republican tax and spending bill, marking the first public break in their friendship.

Dogecoin's price on Friday was down 6% in 24 hours, and the meme token has tumbled 12% in the last week. The drop at the end of last week coincided with Musk's formal departure from his role as a "special government employee" with the Department of Government Efficiency.