There has been a surge in meme coins that are tied to renowned entrepreneur Elon Musk, following his recent outburst towards certain advertisers on X (formerly Twitter). Meme coins have become a hotbed for unique tokens inspired by various personalities and events. This latest trend has given birth to meme coins associated with Musk, who made headlines when he publicly exclaimed, “Go fuck yourself” to Disney CEO Bob Iger and other company executives during an on-stage interview.
This verbal outburst resulted in prominent companies such as Disney, Apple, IBM, and Ubisoft withdrawing their advertising from Twitter. Their concerns stemmed from the presence of anti-semitic and white nationalist content alongside their ads, as well as Musk amplifying an anti-semitic post and criticizing the Anti-Defamation League, an organization dedicated to combating anti-semitic hate. Despite the reasons put forth by these companies, Musk openly criticized them.
