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Bubblemaps: DJT is not associated with Trump, and 67% of its volume is in one cluster
2024-06-18 02:36
Odaily News According to an analysis by blockchain data company Bubblemaps, the DJT token rumored to be issued by Trump is actually not associated with him. It pointed out that about 67% of the DJT supply is concentrated in one cluster, and 43% of the total supply is on the Solana ecosystem automated market maker Raydium. CoinGecko data shows that despite widespread skepticism, in just four hours after the rumor broke, the price of TRUMP fell 31% to $8.1, and its market value evaporated by more than $150 million. Other small-cap Trump-themed meme coins fell even more. For example, TREMP fell 36.8% from $0.95 to $0.6 in the same period, temporarily reporting $0.6971. (Cointelegraph)