Altcoin Allegedly Backed by Donald Trump Faces Reality – Insights from Trump Sources
Claims regarding an altcoin allegedly linked to Donald Trump have been addressed by sources close to the former President. This statement sheds light on the truth behind the incident.
The cryptocurrency world was taken by surprise when rumors emerged that former President Donald Trump had endorsed DJT, a Trump-themed memecoin. Speculation grew even stronger after Pirate Wires, a tech publication, reported that the token had been launched with Trump’s approval. However, the lack of response from Trump campaign officials has raised doubts about the legitimacy of these claims.
Martin Shkreli, a former pharmaceutical company executive known for his controversial past, was one of the early proponents of DJT’s alleged official status. Shkreli claimed that DJT was the “official Trump token.” Later, during an interview on X Spaces hosted by influencer Mario Nawfal, Shkreli revealed that he had collaborated with Donald Trump’s youngest son, Barron Trump, in creating the DJT token. According to Shkreli, Barron holds the majority of the tokens and is the sole owner of the project.
According to CoinGecko data, DJT is currently trading at approximately $0.01, with a market cap of $103 million.
*This article does not provide investment advice.
If you’re interested in investing in over 300 cryptocurrencies, you can register with Binance exchange using this link to avail a 20% COMMISSION DISCOUNT!
For exclusive news, analytics, and on-chain data, follow our Telegram and Twitter accounts!
Comments
Name:
Mail
Δ
Comments
Name:
Mail
Δ
Inline Feedbacks
View all comments
