HomeCryptoWas DJT Crypto Launched by Barron Trump and Martin Shkreli?

Was DJT Crypto Launched by Barron Trump and Martin Shkreli?

-


The Mystery Behind the Trump-Branded Cryptocurrency Involving Barron Trump and Martin Shkreli

The latest buzz in the cryptocurrency world involves a mysterious new Trump-branded coin, with none other than Martin Shkreli and Barron Trump allegedly behind it. During an X Spaces event, Shkreli claimed that he and the former president’s 18-year-old son were the masterminds behind the Trump-themed memecoin that saw a massive surge in value.

The coin, known as DJT, quickly gained popularity and generated over $363 million in trading volume after rumors of Barron’s involvement surfaced. Shkreli, known as the “Pharma Bro” for his controversial past, revealed in DMs to blockchain sleuth ZachXBT that he and Barron had created the coin together.

Shkreli further elaborated during a live event, stating that he had been approached by a friend of Barron’s and that the youngest Trump was part of the team behind the coin. Despite the claims, Shkreli has yet to provide concrete evidence of Barron’s involvement.

While the story may seem far-fetched, it’s not entirely out of the realm of possibility given the Trump family’s history with blockchain-based ventures. Melania Trump has released NFT ornament collections, and Donald Trump has dabbled in NFT trading cards. Perhaps Barron is simply following in his parents’ footsteps and exploring new ways to make money in the crypto world.

As the investigation into the true creators of the DJT coin continues, one thing is for sure – this bizarre tale of politics, finance, and cryptocurrency is one for the books. Stay tuned for more updates on this developing story.

LATEST POSTS

SEC Reverses Course on Securities Claims Against Solana and Other Altcoins in Binance Case

SEC Seeks to Revise Binance Lawsuit Implicating Altcoins The U.S. Securities and Exchange Commission (SEC) is making waves in the crypto world with its recent...

Russia approves use of cryptocurrency for international trade despite sanctions

Russian Lawmakers Approve Use of Cryptocurrency for International Payments amid Western Sanctions Russian Lawmakers Approve Use of Cryptocurrency for International Payments Amid Western Sanctions In a...

Research suggests that bots may be responsible for promoting Solana over Ethereum

Solana Overtakes Ethereum in Metrics, But Research Suggests Bot Activity Solana, the rising star in the cryptocurrency world, has been making headlines this week as...

Industry Awaits More Details on Trump’s Proposal for Bitcoin (BTC) Reserve in the U.S.

U.S. Leaders and Bitcoin Experts Discuss Building National Bitcoin Reserve Former President Donald Trump, a sitting U.S. senator, and prominent figures in the world of...

Most Popular