As a seasoned crypto investor with a keen interest in the latest developments in the digital currency world, I must admit that the sudden surge of the “Trump Coin” or DJT token has piqued my curiosity. The buzz around this new crypto asset, allegedly endorsed by former US President Donald Trump, has been impossible to ignore.
Former US President Donald Trump recently caused a stir in the crypto world with the introduction of his own digital currency, named “Trump Coin.” While there’s been much excitement about this development, it remains unclear whether this is an authentic launch backed by the Trump team or simply another meme coin capitalizing on the Trump name.
As a researcher, I’m excited to share that Arkham Intelligence has recently offered a reward of $150,000 for identifying the creator of the Donald Trump-themed Solana token, $DJT. In a bold move, they made this announcement on social media platform X, stating, “Let’s go big or go home! $150,000 to the first person who can conclusively prove the identity of the creator of $DJT.”
Fuck it, we ball.
$150,000 to the first person to definitively prove the identity of the creator of $DJT.
Only on Arkham Intel.
— Arkham (@ArkhamIntel) June 18, 2024
On Tuesday, June 18, rumors circulated that the DJT crypto token experienced significant growth. The catalyst for this surge was an unverified claim that the former U.S. president had introduced his own cryptocurrency. Consequently, the value of the Trump coin (DJT) soared by an astounding 300% within a day, reaching $0.02185. Simultaneously, its daily trading volume exploded to an incredible $472 million.
As a knowledgeable analyst, I’d put it this way: I was among the first to assert online that there might be a connection between Martin Shkreli and Trump’s team or family regarding the DJT token. On a recent Monday, Shkreli shared a tweet implying that DJT is an authentic Trump token.
On Monday evening, Pirate Wires’ X account announced via insider chats that President Trump was reportedly spearheading a new digital token’s creation, with his youngest son, Barron, apparently overseeing the project. Martin Shkreli refuted any connection to the token, describing DJT as an “authentic Trump-themed token.”
DJT Insider Sold $832,00 Worth of DJT
As a crypto investor, I came across some interesting news regarding one of the large DJT insiders. Approximately an hour ago, they sold around $832,000 worth of DJT tokens and subsequently transferred USDC (USD Coin) to a centralized exchange.
Coincidentally also a large holder on Martin’s other project Shoggoth
5cPzLzLQjt2oc8X6rGannrh7HmVJNAMFJKq21DdZRuHP
— ZachXBT (@zachxbt) June 19, 2024
As an analyst, I’ve come across some intriguing information regarding the cryptocurrency known as DJT. ZachXBT, who is identified as an insider connected to Donald J. Trump, goes by the alias “versosol.” According to this source, versosol sold approximately $832,000 worth of DJT and subsequently transferred US Dollar Coin (USDC) into a centralized exchange. It’s important to note that Martin Shkreli, a well-known figure in the crypto world, has publicly claimed responsibility for creating DJT. Versosol is also a significant investor in another one of Shkreli’s projects called Shoggoth. Previously, DJT was marketed with the association of former US President Donald J. Trump.
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2024-06-19 10:54