Memecoins are rallying, with Dogecoin (DOGE) up 10.3%, Shiba Inu (SHIB) gaining 5.5%, and Pepe (PEPE) rising 5.7% in the past 24 hours. The Official Trump (TRUMP) token surged 20.6%, while Bonk (BONK) climbed 11.7%. Overall, the memecoin market is seeing renewed momentum, with trading volumes soaring past $9.38 billion in the last 24 hours.

Elon Musk's recent comments on "The Joe Rogan Experience" have stirred up a big discussion about inefficiencies in federal spending. Musk mentioned that "money is most poorly spent when you're spending someone else's money on people you don't know.

Elon Musk's Tesla stock has been on a sharp decline, losing nearly 15% of its value over the past few days. This drop follows a loss of post-election