The meme coin space is officially unhinged – and we’re here for it.
In one corner, you’ve got Donald Trump throwing shade at Elon Musk, calling him ‘all talk’ while reminding everyone who approved those juicy Tesla subsidies.
In the other corner, the Department of Government Efficiency (DOGE), once led by Elon Musk, just secured full access to U.S. Social Security data, stirring controversy and privacy debates.
Meanwhile, $520M worth of Trump’s own meme coin is about to unlock next month, which could either launch it to the moon or… flatten it like a pancake on hot asphalt.
In short: meme coins are back, weird as ever, and louder than ever. But while the top dogs brawl, a new pig is snorting through the mud – and it might just run away with the whole show.
Trump and Musk Drama: When Billionaires Break Up, Markets Cry
If you missed it, here’s the recap: Trump and Musk have gone from allies to rivals.
After what looked like a tech-politics bromance, Trump blasted Musk for being disloyal and too dependent on government handouts.
Musk hit back, calling Trump’s policies a ‘disgusting abomination,’ pushing for impeachment, and even suggesting he’s named in the Epstein files.
The internet exploded with memes – and markets reacted. Meme coins dipped, Tesla shares slid, and Trump-aligned ETFs showed volatility.
During all this, the U.S. Supreme Court granted the Department of Government Efficiency (DOGE) access to Social Security data – a decision that triggered major privacy concerns, with critics warning of surveillance risks and future abuse.
To top it off, 50M $TRUMP tokens worth over $520M are set to unlock on July 18, adding 25% more to the current circulating supply.
Author: Bogdan Patru