24/7 Cryptocurrency News

Could Elon Musk Be the Next to Launch a Meme Coin Like Donald Trump?

With the launch of Donald Trump's TRUMP meme coin, Elon Musk is speculated to be next. Here's everything you need to know.
Published by
Could Elon Musk Be the Next to Launch a Meme Coin Like Donald Trump?

Highlights

  • After Donald Trump's TRUMP launch, speculations are building around Elon Musk launching a meme coin.
  • Investors have been awaiting this for years, but there's no sturdy news of this happening.
  • Musk's crypto launch could transform X into a multi-functional platform while boosting crypto adoption.

Donald Trump becomes the 47th US president after the inauguration event on January 20, days after the launch of his official meme coin. This makes a milestone event in the history of US presidents, and more is assumed to come with his presidency. Moreover, the hopes have now moved to Elon Musk, the Tesla and SpaceX owner, for launching his own meme crypto, but will that happen? Let’s discuss.

Advertisement

Elon Musk’s Meme Coin Obsession & Endorsement

Tesla’s owner is known for his open support for the most popular meme coin, Dogecoin. Along with the crypto community, he calls himself the Dogefather and has often influenced the price of this token.  This involved Trump changing the X (previously known as Twitter) logo to Shiba Inu, the dog behind Dogecoin’s face—moreover, Tesla accepts DOGE for merchandise shopping.

“I intend to personally support Dogecoin”

— Elon Musk pic.twitter.com/ZAaS9jIw5S

— CEO (@Investments_CEO) January 18, 2025

Musk believes that this meme-themed cryptocurrency has the potential to transform digital transactions. However, this meme currency frenzy does not just end there, as over the years, Elon has endorsed a few other cryptocurrencies. The latest example is with Kekius Maximus a few months back. Musk changed his profile name and image to the game-based cryptocurrency. This led to KEKIUS prices skyrocketing 4800%. Right after this, Musk endorsed CumRocket memecoin, whose outcome was similar to the first.

Interestingly, Musk’s posts about cryptos immediately boost their prices. Experts believe that if Elon Musk launches a token, it will become even more popular than the TRUMP and MELANIA memecoins.

Advertisement

Will Elon Musk Launch A Meme Coin Next?

Till reporting, there has been no news of Musk launching a meme coin. However, he has often shown interest in these cryptocurrencies, with which some experts believe in the possible launch, especially as Donald Trump has launched his official meme-themed cryptocurrency.

Additionally, Musk has been working on turning X into one in all platforms like WeChat, where users can connect and even make transactions. For this, he has secured a money-transmitting license in 25 US states.  Considering Musk’s love for crypto, experts anticipate a possible crypto launch or adoption of Dogecoin.

How Will Elon Musk’s Crypto Launch Affect the Market?

The biggest hurdles to the crypto market’s growth are the lack of regulations and government disapproval of its decentralized nature. Proper rules and industry support could resolve these issues for both nations and investors. Donald Trump’s inauguration and presidency are already supportive factors, but Tesla owner’s involvement could push it to another level.

Thanks to Musk’s popularity, integrating cryptocurrency with X will increase adoption, establish credibility, and build trust among new users. Additionally, it will change X’s outlook from a simple social media platform into an economic ecosystem. If this happens, people can connect, shop, trade, and engage in other activities, making it a diversified and effective platform.

Advertisement

Bottom  Line

After Donald Trump and celebrities like Hawk Tuah Girl launched their meme-themed cryptocurrencies, Elon Musk is next in line. However, there is no news of this happening, but the anticipation is building, considering his love for these digital assets. At the same time, analysts believe Donald Trump’s influence could result in Musk launching his meme coin to implement transaction services on X. Musk’s crypto launch could benefit X by turning it into a multi-functional platform. More importantly, it could influence crypto adoption and early regulation.

Advertisement

Share
Pooja Khardia

Pooja Khardia is a seasoned crypto content writer with 6+ years of experience in writing, including in blockchain, cryptocurrency, DeFi, and digital finance reporting. In her adventure journey, she is currently working with CoinGape Media and leading their Trending Section. Here, she uses her expertise to deliver analytics, market insights, price predictions, and information on what’s trending in the crypto space, aiming to keep the crypto and web3 community updated with market trends and important insights. Known for a user-centric and straightforward writing style, Pooja is passionate about making crypto easy and accessible. Her writing blends market research with storytelling, helping readers stay ahead in a fast-paced industry. When not behind the keyboard, Pooja embraces her creative side through drawing and crafting. Connect with Pooja on LinkedIn or X.

Published by
Why trust CoinGape: CoinGape has covered the cryptocurrency industry since 2017, aiming to provide informative insights to our readers. Our journalists and analysts bring years of experience in market analysis and blockchain technology to ensure factual accuracy and balanced reporting. By following our Editorial Policy, our writers verify every source, fact-check each story, rely on reputable sources, and attribute quotes and media correctly. We also follow a rigorous Review Methodology when evaluating exchanges and tools. From emerging blockchain projects and coin launches to industry events and technical developments, we cover all facets of the digital asset space with unwavering commitment to timely, relevant information.
Investment disclaimer: The content reflects the author’s personal views and current market conditions. Please conduct your own research before investing in cryptocurrencies, as neither the author nor the publication is responsible for any financial losses.
Ad Disclosure: This site may feature sponsored content and affiliate links. All advertisements are clearly labeled, and ad partners have no influence over our editorial content.

Recent Posts

  • 24/7 Cryptocurrency News

Why Is Gary Gensler Trending Today

Former U.S. SEC Chair Gary Gensler appeared on CNBC's "Squawk Box" and addressed his concerns…

September 19, 2025
  • 24/7 Cryptocurrency News

Why is Dogecoin Price Crashing Today Ahead of the Rex Osprey DOGE ETF Debut?

Dogecoin (DOGE), the pioneering meme coin, has taken a hit as the crypto market crashed…

September 15, 2025
  • 24/7 Cryptocurrency News

Ethereum Whales Move Over $200M From Exchanges as Price Drops 3%

Ethereum (ETH) experienced a drop of around 3% in the past 24 hours, to trade…

September 15, 2025
  • 24/7 Cryptocurrency News

Fed Rate Cut Watch: Can Powell’s Speech Keep the Crypto Rally Alive This Week?

The cryptocurrency market is expecting a big week ahead, as the U.S. Federal Reserve prepares…

September 15, 2025
  • 24/7 Cryptocurrency News

Crypto Market Week Highlights: Top Events, Movers and Shakers

The crypto market was buzzing this week with big whale moves, fresh economic reports, new…

September 14, 2025
  • 24/7 Cryptocurrency News

Why is Pepe Coin Price Rallying Today, September 13?

Pepe Coin price is outperforming other mainstream meme coins today, soaring around 13% over the…

September 13, 2025