New token soars 1,300% after Elon Musk tells America to 'Kill the Bill'
In a whirlwind of politics, pop culture, and crypto chaos, a new Solana-based memecoin called Kill The Bill (KILLBILL) has exploded more than 1,300% within 24 hours — all after Elon Musk blasted President Donald Trump's latest federal spending proposal, calling it the 'Debt Slavery Bill.'
Launched less than 16 hours ago on Solana's memecoin launchpad PumpSwap, KILLBILL is a clear reference to Quentin Tarantino's cult classic Kill Bill.
As of now, the token is priced at $0.00009575 and has already seen $8.68 million in trading volume with over 81,000 transactions, according to GeckoTerminal.
The surge appears to be driven by Musk's viral opposition to the 1,100-page 'One Big Beautiful Bill,' which passed the House on May 22. The bill is set to raise the national debt ceiling by potentially over $2.4 trillion, piling on top of the existing $36 trillion debt load.
'If this bill is passed, it will bankrupt the country,' Musk warned earlier this week. On Wednesday, he posted to his 180 million X followers:
'Call your Senator. Call your Congressman. Bankrupting America is NOT ok! KILL the BILL.'
Shortly after, Bitwise's Jeff Parks responded to the post with a photoshopped Kill Bill movie poster — but with Musk's face swapped in, helping fuel the memecoin frenzy.
As of this writing, KILLBILL has 4,325 holders and net buys of over $57,000 — numbers that suggest coordinated retail enthusiasm rather than organic utility. While there's no indication that Musk is associated with the token, that hasn't stopped opportunists from piggybacking on the attention.
Despite the hype, there's zero evidence Musk is connected to the KILLBILL token — and traders should be aware that memecoins built around political moments have often ended in rug pulls or sudden collapses. The speed and anonymity of Solana memecoin launches have made them both alluring and risky.
As always, traders should proceed with caution.
Disclaimer: This article does not constitute investment advice. Meme coins are highly speculative and often carry outsized risks. Invest responsibly.
New token soars 1,300% after Elon Musk tells America to 'Kill the Bill' first appeared on TheStreet on Jun 5, 2025
This story was originally reported by TheStreet on Jun 5, 2025, where it first appeared.
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