President Trump's public conflict with Elon Musk has sparked a new wave of memecoin frenzy, with the trading volume of the top five tokens accounting for 64% of the top ten on the DEX Screener in the past 24 hours, totaling nearly $556 million.
Official Trump (TRUMP) ranks first with a trading volume of $228 million, and its market cap has returned to $2 billion.
Kill Big Beautiful Bill (KBBB) follows closely with a trading volume of $131 million and a market cap of approximately $12 million.
Official Musk (MUSK) ranks fifth with a trading volume of $22 million.
President Vs Elon (PVE) ranks ninth with a trading volume of $30 million.
XPARTY, inspired by Musk's proposal for a "third party," had a trading volume of nearly $10 million on its first day.