Trump-related meme currency DJT crashed after skyrocketing! On-chain detective: The publisher is Martin Shkreli

This site (120BtC.coM): The U.S. presidential election will be officially held on November 5 this year. Former U.S. President Donald Trump, who represents the Republican Party, has frequently publicly supported cryptocurrency in recent times to win over voters in the cryptocurrency circle. This has also caused the Trump series of Meme coins to skyrocket. Recently, there are rumors on the Internet that Trump has also issued his own official token $DJT.

According to yesterday’s report, Pirate Wires, a technology media with 60,000 fans, tweeted that Trump has officially issued Trump Coin (DJT), the official token on Solana, and said it was sponsored by Trump’s 18-year-old son. Barron Trump leads the push for the coin. However, the Trump team has not yet publicly confirmed the issuance of tokens, and many people still remain skeptical about the identity of the creator of $DJT.

Bet for the most hated person in the United States that $DJT is issued by the Trump team

In the context of the issuer becoming a fan, the former golden boy of the American pharmaceutical industry, known as the "Pharmaceutical Brother", was the former executive of Turing Pharmaceuticals Chairman Martin Shkreli supports that $DJT tokens are issued by the Trump team, and has repeatedly posted and forwarded news about $DJT. He said in one of his tweets: By definition, this is actually a 100% chance. (Note: There is an on-chain betting market on Polymarket about whether DJT was issued by Trump)

Note: In 2018, Martin Shkreli was sentenced to 7 years in prison for securities fraud and wire fraud. At the same time, because Martin Shkreli once wildly raised the price of a certain life-saving drug by more than 55 times, he was also called the most hated person in the United States by the BBC, and was banned from entering the pharmaceutical industry for life.

Legendary trader GCR and Martin Shkreli bet $100 million

In the early morning of the 19th, Alex Wice, who has 121,000 followers on the social platform Willing to bet $1 million on even odds that $DJT is fake (not issued by Trump). If you want to bet more, that's okay with me.

Martin Shkreli quoted his post and said: Are there any other whales (big players) who want to join? Please let me know.

Interestingly, GCR, the legendary trader who once bet with Terra founder Do Kwon, replied domineeringly under Shkreli’s tweet: 100 million US dollars. If you don’t have 100 million, then bet the amount you are willing to bet.

And Martin Shkreli also agreed to the conditions offered by GCR.

However, GCR reminded in a message on Twitter: The only way to prove this is true is for Donald J Trump himself to admit that he issued a Meme coin. It's clear to me that there's a conspiracy to try and bribe people around Trump to pretend they have something to do with it, when in fact it's a group of cryptocurrency whales pre-selling and distributing to opinion leaders (KOLs).

However, Martin Shkreli did not respond to GCR’s reminder.

Arkham is offering a reward of US$150,000 to find the creator of $DJT

Since there are many opinions on the identity of the creator of $DJT, the on-chain data tracking platform Arkham is also offering a reward of US$150,000 today to the first person who can clearly prove the identity of the creator of $DJT. people. Interestingly, on-chain detective ZachXBT left a message stating that he already knows who the real creator is.

On-chain detective revealed that Martin Shkreli is the founder of $DJT

This morning Martin Shkreli held a Space on the social platform He has admitted to him that $DJT was actually founded by him and Trump’s son Barron Trump. In addition, some community members discovered that Martin Shkreli was the first member of the DJT TG community, and the administrator came from Martin's previous project.

After various evidences were discovered, Martin Shkreli may have exposed his identity on X to avoid being kicked out by others.

At the same time, ZachXBT also revealed that before Pitrate Wires tweeted the announcement, Martin Shkreli had already promoted $DJT to some friends through "inside information".

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