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TrumpCoin (DJT) Meme Coin Review & Analysis: ZachXBT Uncovers Creator of Trump-Themed DJT Token
2024/06/20By:
As the U.S. election is coming, a noticeable trend is emerging: Trump-inspired meme coins are gaining popularity. For example, a Trump-themed Solana (SOL) meme coin called TrumpCoin with the ticker “DJT” (standing for “Donald John Trump” and Truth Social’s stock symbol) has generated buzz with its exponential rise.
Then, what is TrumpCoin (DJT)? what catalysts woke up this dormant token? Is it a good investment in 2024? Next, let’s take a close look at TrumpCoin (DJT) meme coin.
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Table of Contents
Latest News & Updates on TrumpCoin (DJT)
TrumpCoin (DJT) Price Analysis
TrumpCoin (DJT) Price Prediction
Is TrumpCoin (DJT) A Good Investment in 2024?
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Latest News & Updates on TrumpCoin (DJT)
The US Presidential Election is continuing to exert a profound influence on the PoliFi meme coin sector, and in the latest pump, a new token called DJT—supposedly backed by Donald Trump himself—has become one of the most controversial gainers in recent times.
The DJT token, featuring imagery of former U.S. President Donald Trump, has witnessed price explosion in June 19. Notably, DJT token goes viral and sparked speculation about its origins.
Previously, there is a rumor that the rally in the price of DJT is purported by its link to Donald Trump, the presumptive Republican candidate in a third consecutive presidential election.
However, the mystery surrounding the origins of the viral Trump-themed DJT token on Solana may have been finally solved.
On a post on X, ZachXBT stated that Shkreli directly messaged him, claiming he had over 1,000 pieces of evidence proving he co-created DJT along with someone named “Barron,” potentially referring to Barron Trump – Donald Trump’s youngest son.
The announcement from Shkreli came shortly after ZachXBT publicly applied for the $150,000 bounty from blockchain data platform Arkham to identify DJT’s true creator.
ZachXBT provided further on-chain evidence allegedly linking Shkreli to DJT. He highlighted a wallet holding a large DJT stake that sold off $832,000 tokens for the USDC stablecoin. Notably, this same wallet also held tokens from Shkreli’s Shoggoth.ai project.
Before his exposure, Shkreli had firmly believed that DJT was the official cryptocurrency of the Trump campaign. He even proposed a wager with a pseudonymous crypto expert regarding the token’s authenticity and origin. Regarding to Shkreli’s exposure, Donald Trump’s campaign kept its silence on the DJT token.
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What is TrumpCoin (DJT)?
Launched on April 21, the TrumpCoin, ticker symbol $DJT, is a new Trump-themed meme coin on the Solana blockchain that has gained significant attention. Despite being a month-old DJT meme coin on Solana, it has already achieved a substantial market cap and secured major central exchange listings.
Notably, The buzz around TrumpCoin started with Pirate Wires, a daring media outlet, which hinted at the former president’s endorsement through its official account on X. Despite the excitement, Ryan Selkis, CEO and founder of Messari crypto, cautioned investors to be wary, suggesting the possibility that the Federal Reserve might be behind the account.
TrumpCoin (DJT) Price Analysis
As of writing the article on June 20, TrumpCoin (DJT) is traded at $0.01297, recording a all-time high of $0.0161, and witnessing a hefty 24-hour trading volume of $173,567,419. TrumpCoin (DJT) saw a 24-hour change of +37.5%, with minor fluctuations of -3.8% in the past hour.
The following sets forth the DJT to USD Chart
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TrumpCoin (DJT) Price Prediction
As DJT continues to capture, significant attention, there are more and more prediction on its future price trend. In fact, much of the future potential of the DJT token lies in whether it’s proven to be a Donald Trump-linked coin (a likely catalyst for a second rally to a new all-time high).
As for TrumpCoin (DJT) price prediction for 2024, based on current market condition, it is estimated that TrumpCoin’s value and growth will be astronomical because it is so powerful and has tremendous potential. It is expected that TrumpCoin (DJT) would be traded at a price between a maximum level of $0.0244 and a minimum price of $0.0100 in 2024, indicating a average Price of $0.0231.
In terms of TrumpCoin (DJT) price prediction for 2025, there is a possibility that TrumpCoin can break through the $0.0280 barrier and hold the market by the end of 2025. Meanwhile, under a bearish circumstance, TrumpCoin (DJT) is predicted to drop to a lowest price of $0.0239.
As for long-term price prediction for 2030 on TrumpCoin (DJT), it is projected that DJT can be trade between $0.0753 in in the lower end and $0.0837 on the higher end, suggesting an average price level of $0.0819.
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Is TrumpCoin (DJT) A Good Investment in 2024?
As for whetherTrumpCoin (DJT) is a good investment in 2024, it depends on your personal risk tolerance and investment goals. As a cryptocurrency, TrumpCoin is highly volatile and therefore may not be suitable for all investors. Before investing, please do your own research about cryptocurrencies, crypto wallets, cryptocurrency exchanges, and smart contracts, and it is crucial to understand the risks and potential rewards of investing in cryptocurrencies..
If you decide to get involved in TrumpCoin investing, you will also need to understand the TrumpCoin project’s white paper, team background, tokenomics, and the overall market environment.
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How to Buy TrumpCoin (DJT)?
Currently, TrumpCoin (DJT) is listed on crypto exchanges like PancakeSwap, MEXC, BitMart, Uniswap, Raydium (CLMM), Meteora, CoinEx, etc., where interested investors can make a purchase.
Unfortunately, BTCC currently does not support TrumpCoin (DJT) trading. However, BTCC offers over 300 cryptocurrencies trading pairs, like BTC, ETH, etc. If you are interested in crypto trading, you can start your trading journey from BTCC with most competitive price and highest security level.
That’s all information about TrumpCoin (DJT). If you want to know more information about TrumpCoin (DJT) and other cryptocurrencies, please visit BTCC Academy.
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