ZachXBT stated that DJT is not an official Trump token.
Arkham Intelligence has offered a bounty of $150,000 to settle the speculation surrounding DJT.
A recent report from Pirate Wires claimed that former U.S. President Donald Trump had launched his own cryptocurrency, DJT, causing its value to surge while other meme coins plummeted. According to the post, Trump was supposedly launching an “official token” under the ticker DJT, with his son Barron leading the project.
However, the crypto community remained skeptical about Trump’s involvement in the token, with ZachXBT, a crypto investigator, revealing on X that it was actually Barron Trump who was behind DJT. Martin Shkreli, a pharmaceutical executive, also claimed to have evidence that he co-created DJT with Barron. Shkreli’s reputation in both industries has been called into question.
Despite Shkreli’s announcement, neither the Trump campaign nor the Trump Organization responded to the token’s launch. Since its introduction to the market two months ago, DJT’s value has seen significant fluctuations, with a 44.59% increase reported yesterday. However, within the past 24 hours, the price has dropped by 8.52% to $0.002748, and trading volume has decreased by 1.61% to $358K, following confirmation of the token’s creator.
In the midst of the DJT frenzy, Arkham Intelligence has offered a $150,000 bounty to anyone who can definitively prove the creator of the Donald Trump-themed Solana token. Lookonchain, an on-chain analytics firm, reported that three TRUMP whales sold a total of 473,433 tokens yesterday, making a combined profit of over $6.2 million. This sudden whale activity was driven by speculation and controversy surrounding the token, eliciting mixed reactions from the community regarding its future.
Innovative DJT Memecoin Allegedly Launched by Martin Shkreli Inspired by Trump
