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Renewed Musk-Trump feud brings dogecoin, $TRUMP down

Round two of the Trump-Musk spat is in full swing, and the meme coins connected to both men are getting hit, too.

Dogecoin, so beloved by the Tesla CEO that it inspired the name of the government’s DOGE agency, is down nearly 3% in the past 24 hours.

The renewed feud about the “big, beautiful bill” (which Elon Musk called “insane”) is also taking a toll on President Trump’s namesake meme coin. $TRUMP is down 2.5% in the past 24 hours, and down 88% since its all-time high on January 19, 2025.

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