Odaily News DJT, a cryptocurrency launched two months ago on the Solana blockchain, rose 180% on Monday after unconfirmed reports revealed that the token was issued by former U.S. President Donald Trump. Citing unnamed sources, Pirate Wires reported that Trump's son Barron is leading the project. Mike Solana, chief marketing officer of venture capital firm Founders Fund and editor-in-chief of Pirate Wires, also posted a smart contract address in response to a related post. As of press time, the market value of the tokens in the contract is $177 million. However, Mike Solana later clarified that he "did not speak directly to Trump" and said he "might beat around the bush and say that this is not true." The Trump campaign has not yet commented. Members of the crypto community are largely skeptical of this. (CoinDesk)