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New token soars 1,300% after Elon Musk tells America to 'Kill the Bill'
New token soars 1,300% after Elon Musk tells America to 'Kill the Bill'

Yahoo

time3 days ago

  • Business
  • Yahoo

New token soars 1,300% after Elon Musk tells America to 'Kill the Bill'

New token soars 1,300% after Elon Musk tells America to 'Kill the Bill' originally appeared on TheStreet. 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.

KILLBILL memecoin explodes 1,300% after Elon Musk tells America to kill the bill and slams Donald Trump's policies
KILLBILL memecoin explodes 1,300% after Elon Musk tells America to kill the bill and slams Donald Trump's policies

Time of India

time4 days ago

  • Business
  • Time of India

KILLBILL memecoin explodes 1,300% after Elon Musk tells America to kill the bill and slams Donald Trump's policies

A Crypto Coin KILLBILL Inspired by Political Drama Live Events Rapid Growth, But No Official Ties to Elon Musk FAQs (You can now subscribe to our (You can now subscribe to our Economic Times WhatsApp channel Amid billionaire Elon Musk and the US president's public fallout, a new Solana-based memecoin named Kill The Bill (KILLBILL) has surged over 1,300% within 24 hours of its launch, as per a report. The rally appears to be fuelled by a social media X (previously Twitter) post from Musk urging Americans to reject Trump's massive federal spending bill, as per The coin, which launched about 24 hours ago on the Solana memecoin platform PumpSwap, is named after Quentin Tarantino's cult classic film 'Kill Bill', reported The Street. But here the 'bill' refers to Trump's 1,100-page 'One Big Beautiful Bill', a sweeping measure that includes a potential $2.4 trillion increase to the national debt ceiling, as per the READ: Donald Trump and Elon Musk to make peace after bitter clash? Feud may be over as early as today Musk, who has become increasingly vocal in his criticism of government overspending, warned earlier this week that passing the bill would push the country closer to financial ruin. Musk warned his 180 million X followers, saying, 'If this bill is passed, it will bankrupt the country,' quoted The Tesla CEO also said, 'Call your Senator. Call your Congressman. Bankrupting America is NOT ok! KILL the BILL," as quoted in the after, Jeff Parks of Bitwise added fuel to the fire by posting a photo of the 'Kill Bill' movie poster, replacing the lead character's face with Musk's, according to The there is no proof to indicate that Musk is connected with the KILLBILL token , as of June 5, KILLBILL had 4,325 holders and net buys of over $57,000, reported The a newly launched memecoin built on Solana, inspired by Elon Musk's call to reject a federal spending There's no evidence Musk is involved in the token's creation or promotion, investors are simply piggybacking off his viral comments.

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