🚨 FAKE ALERT: IS TRUMP'S DJT MEMECOIN ON SOLANA A FAKE? HERE’S THE SCOOP 🚨
🚀 Donald Trump reportedly launched a Solana memecoin called DJT on Monday. Speculations are swirling, but Polymarket bettors believe there's only a 19% chance the token is authentic. Trump, traditionally wary of crypto, has been warming up to the industry lately.
📊 Pirate Wires reported that Trump is launching an official token, $DJT, on Solana. They even mentioned that his 18-year-old son, Barron, is spearheading the project. However, skepticism remains high.
💡 Polymarket’s current betting stats: At the time of writing, bettors give a 19% chance that DJT is genuinely linked to Trump or his inner circle. Nearly $600,000 has been wagered on this bet. Confirmation from a Trump representative or credible reports by June 22 is needed for those betting on its authenticity to win.
💬 Martin Shkreli, infamously known as "Pharma Bro," commented: “Last chance if anyone is super brave with size who wants to make a bet.”
📈 Since its launch, the DJT token surged by approximately 90%, now holding a market value of $250 million. However, the announcement has negatively impacted other Trump-themed tokens: MAGA fell by 35%, Tremp by 43%, and Boden, mocking US President Joe Biden, by 13%.
🔍 Trump’s recent embrace of crypto: Ahead of the November elections, Trump has shown support for Bitcoin mining and started accepting crypto donations for his campaign. The Biden campaign is also exploring crypto donations, according to The Block.
💼 Beyond Polymarket: Crypto trader Alex Wice challenged Shkreli to bet $1 million on the token’s authenticity. Shkreli responded, “You’re on. How high can you go?”
📢 Stay tuned as the mystery unfolds!
Follow @Professor Mende - Founder of BONUZ Project - in Dubai UAE for more updates!