Pump.fun Dares Elon Musk to Drop a Memecoin—Wall Street Bets Would Be Proud
Move over, TrumpCoin—Pump.fun just threw down the gauntlet. The meme-launching platform publicly challenged Elon Musk to mint his own token, capitalizing on the billionaire's crypto-curious antics. Because nothing says 'financial revolution' like doge-themed volatility.
This isn't Musk's first rodeo with crypto chaos. Remember when a single tweet sent Bitcoin soaring—or crashing? Now, Pump.fun wants to weaponize that influence for the ultimate memecoin spectacle. Just don't tell the SEC.
Meanwhile, traditional finance guys are still trying to explain NFTs to their golf buddies. Priorities.
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
