On June 18, according to the analysis of blockchain data company Bubblemaps, the token DJT rumored to be issued by Trump is actually not related to it. It pointed out that about 67% of the supply of DJT is concentrated in a cluster, and 43% of the total supply is located on the Solana ecosystem automation market maker Raydium.
CoinGecko data shows that despite widespread skepticism, in just four hours after the rumor broke, the price of TRUMP fell by 31% to a tentative $8.1, wiping more than $150 million off its market value. Other small-cap Trump-themed Meme coins fell even more, such as TREMP, which fell 36.8% from $0.95 to $0.60 in the same time period, tentatively reported at $0.6971.
Bubblemaps: DJT has no affiliation with Trump, and 67% of its total is located in a cluster
2024-06-18 02:47:02
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