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Altcoin News

Pump.fun Calls Elon Musk to Launch Memecoin Just Like Trump

Written By Shruti Lakhlani
Fact Checked by Jahnu Jagtap
Published June 6, 2025 11:50 PM·Updated 1 year ago
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Pump.fun Calls Elon Musk to Launch Memecoin Just Like Trump

Elon Musk, the CEO of Tesla, and US President Donald Trump, who were both close during the presidential campaign back in 2024, have been at odds recently. Following his comeback to the White House as president, Trump appointed Musk to spearhead the Department of Government Efficiency, DOGE. The feud, which apparently started over differences over Trump’s One Big Beautiful Bill, turned into a public barrage of scathing insults and accusations. 

Amid the feud, the Solana-based meme coin platform Pumpfun has publicly called on Musk to launch his own meme coin to rival Trump’s recently debuted $TRUMP token. 

Pumpfun’s post on its official account on X (formerly Twitter) has sparked a frenzy among crypto enthusiasts, igniting speculation about a potential “meme coin battle” between two of the world’s most influential figures. 

. @elonmusk, sorry to hear about your clash with Trump. Whilst we can't provide an opinion, we can provide a solution:

Trump already launched a coin, which means you have the opportunity to do the funniest thing ever. This is the only time we will endorse PVP.

The time is now.

— Pump.fun (@Pumpfun) June 5, 2025

The tweet says, 

“ @elon musk, sorry to hear about your clash with Trump. Whilst we can’t provide an opinion, we can provide a solution: Trump already launched a coin, which means you have the opportunity to do the funniest thing ever. This is the only time we will endorse PVP. The time is now. ”

This cheeky challenge comes on the heels of a public dispute between Musk and Trump over a federal spending bill, with Musk leveraging his massive X following to criticize the president. Meanwhile, Trump has countered on Truth Social by bashing Musk, saying Why are Tesla and SpaceX government contracts not cancelled yet?

Because of this, Pumpfun suggested hosting a wonderfully fun meme coin matchup, calling it the “Battle of the Memes.” Since being launched in January 2024, Pumpfun has produced over 11 million tokens and brought in around $517 million in profit, as reported by Dune Analytics. 

Musk, who often supports Dogecoin and is familiar with memes, has not responded to Pumpfun’s call so far. The crypto industry is abuzz in excitement, with users thinking that a Musk-supported coin could use his name and the interest people have around DOGE. Because meme coins are the main players in Solana, a Musk token may cause some liquidity to flow from existing memecoins and change the market, just as $TRUMP did. 

Although Pumpfun’s suggestion is meant to be fun, it brings attention to the way crypto, pop culture and politics cross paths.

Also Read: BREAKING: Elon Musk’s X Partners Polymarket Prediction Market

Disclaimer: The information researched and reported by The Crypto Times is for informational purposes only and is not a substitute for professional financial advice. Investing in crypto assets involves significant risk due to market volatility. Always Do Your Own Research (DYOR) and consult with a qualified Financial Advisor before making any investment decisions.

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