For a few hours it has been seen on networks that information related to a #memecoin on the #Solana network has been circulating, which would supposedly be an official memecoin of presidential candidate Donald Trump. So far it is not known with certainty whether this information is false or true, since President Donald Trump's official team has not responded. What's behind Donald Trump's supposed official memecoin? Let's explore.
This whole event began with a publication on
As can be seen, there was no source that confirms this information. Despite this, this information began to spread quickly on networks. This caused the price of the DJT token to increase within a few hours. The price increased more than 300%.
This information also affected other tokens such as Donald Trump's unofficial memecoin on the #Ethereum $TRUMP network, which had whale liquidations after this information became known. The token fell more than 38% on that day.
The explanation for these actions is that some were or are liquidating their positions to be able to move their funds to the Solana network, based on this rumor.
This mystery of knowing whether this information is true or false went even further, since the @Arkham Intelligence platform is offering a reward of $ 150,000 dollars to discover who is the person behind this supposed official Trump memecoin.
This fact joins the bet of Giganticrebirth (GCR), which wants to bet $100 million that the DJT memecoin has no relationship with Donald Trump.
In Donald Trump's latest appearances, he was in favor of the crypto sector, even leading to enabling donations for his campaign in #Criptomonedas . From what I see, I think there could be a 50% chance that this DJT memecoin has some kind of relationship with Donald Trump, but the bet is very risky. It's like betting at a casino and seeing what happens. So far there is no type of official announcement from Donald Trump's team, and in truth this is what many people expect. For now, the token is lateralizing.
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