Scandalous businessman and former convict, Martin Shkreli, known as "an enemy of the pharmaceutical industry", has become an authority on cryptocurrency projects after releasing memes online. As a result, he launched a new currency called DJT, presenting it as a charitable gesture in favor of a friend, Baron Trump, who is the 18-year-old son of former American President Donald Trump. According to the researchers, however, the launch of the new project may have violated the terms of Martin's probation, which is not leaving home and completely ceasing any independent activity related to investing and managing other people's money. Despite the success of his first pr
ojects and the rising value of cryptocurrencies, the famous meme crypto continues to lose its position rapidly - in 24 hours DJT fell by 73%, while its competitor Shoggath was sold for 832 thousand dollars. Martin himself attributes his action to a desire to help Baron Trump, rather than a desire to enrich himself. His opponent Grayson Robins bet that no member of the Trump family will not approve of this initiative and pledged to pay 100 million dollars if Martin's project wins. In his opinion, the move was made in an attempt to discredit US politicians.
Despite the fact that officially Martin explained his desire to help Baron Trump, many analysts are inclined to the version that the purpose of such a project was high financial profits. Based on this, Martin faces a possible repeated punishment in the framework of parole, since he violates the provisions of the prohibition of independent commercial activity. It is also worth noting that Martin Shreli is actively engaged in issuing and supporting projects in the field of #cryptocurrencies and #NFT technologies, despite the fact that this may pose serious risks to his freedom. \n \nIn conclusion, it is worth noting that the #cryptocurrency market remains highly unstable and dependent on a variety of factors, including relations between countries, political course, as well as advertising campaigns and the information field. Thus, even the participation of such influential persons as representatives of the Trump family or Martin Schreli does not guarantee the success or safety of the project in the long term. In light of this, all risks should be considered before venturing into cryptocurrencies, especially for people who may have legal or financial constraints.
Finally, it must be recognized that using cryptocurrencies to help a charity or make money may look attractive, but without proper oversight of the process and consideration of all the circumstances, it can become a very risky endeavor. It is worth remembering that often success in cryptocurrencies does not depend solely on a successful idea or
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