DJT Coin Surged 230k% In Trading Activity Donald Trump Playing
The post DJT Coin Surged 230k% In Trading Activity Donald Trump Playing appeared on BitcoinEthereumNews.com. DJT coin surged 230k% in trading activity amid rumors linking it to Donald Trump. However, other Trump-related tokens and Biden meme coins saw significant declines. Amidst broader market decline, the Solana [SOL] meme coin market cap has also fallen to $6.34 billion, marking a 20.1% drop in the past 24 hours as per CoinGecko. Despite this downturn, a newly launched meme coin on Solana called DJT is experiencing a surge in trading activity. This increase is attributed to rumors that the token is the official cryptocurrency associated with the former U.S. President Donald Trump. Rumor Or Fact? Pirate Wires, a tech media company, was the first to start this rumor when they said, Pirate-Wires Initially, the tweet was labeled with a “community note” identifying it as “fake news,” but this note has since disappeared. Mike Solana (unrelated to the Solana blockchain network), Editor-in-Chief at Pirate Wires, and CMO at venture capital firm Founders Fund, clarified that he did not speak with Trump directly and was merely relaying information from his sources. Notably, this news was not well-received by many execs. As David Bailey, CEO of BTC Media, expressed his disapproval and stated, David-Bailey Impact on DJT Coin However, not all repercussions were negative. The DJT coin experienced a massive surge of 230k% in the past 24 hours, according to DEXScreener. But while DJT saw a significant hike, other Trump-related tokens faced declines. At the time of writing, Doland Tremp [TREMP] fell by 30.8%, and MAGA [TRUMP] dropped by 28.26%, as reported by CoinGecko. Moreover, the declines weren’t just limited to Trump-related meme coins. Various meme coins associated with the current president, Joe Biden, also saw significant drops. For instance, Jeo Boden [BODEN] fell by 23.69% at the time of writing. Trump’s Pro-Crypto Moves Regardless of whether the news…
The post DJT Coin Surged 230k% In Trading Activity Donald Trump Playing appeared on BitcoinEthereumNews.com.
DJT coin surged 230k% in trading activity amid rumors linking it to Donald Trump. However, other Trump-related tokens and Biden meme coins saw significant declines. Amidst broader market decline, the Solana [SOL] meme coin market cap has also fallen to $6.34 billion, marking a 20.1% drop in the past 24 hours as per CoinGecko. Despite this downturn, a newly launched meme coin on Solana called DJT is experiencing a surge in trading activity. This increase is attributed to rumors that the token is the official cryptocurrency associated with the former U.S. President Donald Trump. Rumor Or Fact? Pirate Wires, a tech media company, was the first to start this rumor when they said, Pirate-Wires Initially, the tweet was labeled with a “community note” identifying it as “fake news,” but this note has since disappeared. Mike Solana (unrelated to the Solana blockchain network), Editor-in-Chief at Pirate Wires, and CMO at venture capital firm Founders Fund, clarified that he did not speak with Trump directly and was merely relaying information from his sources. Notably, this news was not well-received by many execs. As David Bailey, CEO of BTC Media, expressed his disapproval and stated, David-Bailey Impact on DJT Coin However, not all repercussions were negative. The DJT coin experienced a massive surge of 230k% in the past 24 hours, according to DEXScreener. But while DJT saw a significant hike, other Trump-related tokens faced declines. At the time of writing, Doland Tremp [TREMP] fell by 30.8%, and MAGA [TRUMP] dropped by 28.26%, as reported by CoinGecko. Moreover, the declines weren’t just limited to Trump-related meme coins. Various meme coins associated with the current president, Joe Biden, also saw significant drops. For instance, Jeo Boden [BODEN] fell by 23.69% at the time of writing. Trump’s Pro-Crypto Moves Regardless of whether the news…
