Elon Musk meets with Trump, and massive fortunes are coming
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Elon Musk meets with Trump, and massive fortunes are coming
One Chart Shows the "Pump King" Musk and Trump Meme Coins — Meme Coins Are Rising Again~
Navigating Web3 tides with focused insightsAuthor: Viee, Core Contributor at Biteye
Editor: Crush, Core Contributor at Biteye
Two of the most influential "market movers" in their respective fields—Elon Musk @elonmusk and Donald Trump @realDonaldTrump—are set to hold a highly anticipated live conversation on X (formerly Twitter) tomorrow (Tuesday) at 8:00 AM Hong Kong time.
This dialogue is expected to draw global attention and particularly excite the crypto community.
Musk has even openly said he wants to know Trump’s favorite meme coin—making everyone wonder what kind of wave will be unleashed when these two legendary market influencers come together!
01 Why Is This Clash of Titans So Anticipated?
As the founder of Tesla and SpaceX, Elon Musk is not only a pioneer in electric vehicles and space exploration but also a staunch supporter of cryptocurrencies. He has repeatedly expressed his bullish views on Bitcoin, Ethereum, and other digital assets on social media, with single tweets sometimes triggering sharp movements in Bitcoin's price.
Meanwhile, former U.S. President Donald Trump wields immense influence as well. Every post he makes on social media sparks widespread discussion and controversy.
Trump has mentioned cryptocurrencies during his campaign events, and given his massive base of supporters, many are eager to understand his economic policies and stance on crypto.
02 Reviewing the “Market Mover” Coins Linked to Musk & Trump
Is another golden opportunity about to arrive? Don’t rush—first, let’s review the historical performance of tokens associated with these “market movers.” Will it lead to sudden wealth or sudden losses?
03 Musk: The Godfather of Meme Coins
Musk’s influence in the crypto world can only be described as monumental. Not only does he actively promote certain meme coins, but he is also hailed as the “godfather” of meme coins. Countless investors closely monitor his Twitter feed, scanning for any hint of a new meme coin opportunity.
Prominent meme coins linked to Musk include DOGE, SHIB, FLOKI, TROLL, and NUTS. Since its creation in 2013, DOGE has skyrocketed largely due to Musk’s repeated endorsements, now ranking as the ninth-largest cryptocurrency by market cap.
FLOKI was launched after Musk shared photos of his pet Shiba Inu and has since evolved into a multifaceted project featuring NFTs, DeFi, and blockchain gaming. TROLL coin surged rapidly after Musk announced on Twitter that he had become the Chief Technology Officer of Troll.
Indeed, each of Musk’s tweets could ignite a meme coin frenzy. He doesn’t just drive the growth of certain meme coins—he serves as a market barometer and top influencer, firmly holding his title as the “godfather” of meme coins.
04 Trump: Openly Embracing Cryptocurrency
On social media, Trump’s unique style and powerful presence often spark extensive discussions and imitations.
After the assassination attempt on Trump at a campaign rally in Pennsylvania in July, meme tokens linked to him surged—TRUMP token, for example, rose 68% within 24 hours.
Trump’s engagement with cryptocurrency has primarily occurred during his campaign. In May 2024, he announced that he would accept donations in Bitcoin, Ethereum, Dogecoin, and other cryptocurrencies—a clear signal of his shifting stance toward supporting digital assets.
He also delivered remarks at the Bitcoin Conference, further indicating that cryptocurrency would be a key issue in his campaign. These moves have steadily increased Trump’s influence in the crypto space, establishing him as a major political figure among crypto supporters.
05 Summary
In the past, both Musk and Trump have sparked short-term frenzies in meme coins through their statements. Trump’s distinctive persona and massive influence, combined with Musk’s active online presence, suggest that this live conversation will very likely reignite a new wave of excitement across the meme coin market.
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