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Source: Trump campaign team not involved in MEME project DJT

CointimeCointime2024/06/20 01:01
By:Cointime

The Trump-themed MEME coin DJT on Ethereum quickly gained popularity after it was reported by the tech publication Pirate Wires that it was issued with Trump's support. However, the lack of communication from the Trump campaign team on this matter has raised questions about the authenticity of the report. A source familiar with the decision-making process of the Trump campaign team revealed that they did not participate in the project.

Meanwhile, former pharmaceutical executive Martin Shkreli advocated for DJT to be the official Trump coin and challenged members of the cryptocurrency community. Although his bet with the pseudonymous trader GCR was as high as $100 million, it was canceled due to a failure to reach an agreement on the terms.

Currently, Polymarket traders believe there is a 3% chance that Trump or his family members or employees will issue the token, with liquidity of nearly $2.5 million and a peak probability of 59% on June 17.

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Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.

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