On-chain sleuth ZachXBT uncovered Martin Shkreli, extensively often known as “Pharma Bro,” because the creator of the brand new Solana-based meme coin, referred to as TrumpCoin (DJT).
On June 19, Arkham Intelligence introduced a $150,000 bounty for exposing the deployer of DJT. A number of hours later, ZachXBT claims that Shkreli is the creator of the meme coin after he “panic” messaged the on-chain investigator.
Nonetheless, Shkreli, who served round seven years in jail with a $70 million fantastic for committing securities fraud, claims that former U.S. President Donald Trump’s 18-year-old son, Barron Trump, can also be concerned within the meme coin. He added:
“I did not act alone.”
Furthermore, Shkreli mentioned in an X submit that the keys to the token’s contract are with “Trump” — stating Barron Trump. Screenshots shared by ZachXBT present Shkreli claiming that he has greater than “1,000 pieces of evidence” proving the involvement of the 18-year-old Trump within the meme coin’s deployment.
As well as, in an X Areas on June 18, Shkreli claimed that the previous U.S. President additionally accepted the mission and a complete of 10 folks had been concerned in its launch. He even claimed that Trump has been discussing the potential itemizing of TrumpCoin with the Kraken crypto alternate.
Regardless of the drama surrounding the meme coin, DJT surged by 29% prior to now 24 hours and is buying and selling at $0.015 on the time of writing. The asset’s market cap is at present sitting at $165 million with a each day buying and selling quantity of $9 million.
Nonetheless, the value motion of the meme coin has some traders fearful as TrumpCoin took a pointy fall from its all-time of $0.038 on June 18.
There have been no updates from the previous U.S. President relating to the launch of an official meme coin but.
