Sunday, June 8, 2025
No Result
View All Result
newshub
  • Global news
  • Financial insights
    • Africa
    • Asia
    • Australia
    • Central Banks
    • China
    • Commodities
    • Europe
    • Banking
    • Corporate
    • Neobanking
    • Investment
    • Japan
    • South East Asia
    • Stock of the week
    • UK
    • US
  • Fin & tech
    • AI
    • Blockchain
    • Crypto
    • MSTRpay
    • Tech
  • Climate & energy
    • Climate
    • Carbon
    • Coal
    • Disruptive
    • Gas
    • Nuclear
    • Oil
    • Solar
    • Water
    • Waves
    • Wind
    • Renewable
    • South America
  • Lifestyle
    • Best chefs
    • Cocktail of the week
    • History
    • Influential women
  • WEX
    • Alt Kap Holding AB
    • Digital Network Holding, Inc.
    • Fantas-E AB
    • International Clean Energy Inc.
    • Intritum Partner Limited
    • Intritum Recycling GH Limited
    • MSTRpay AB
    • SWAP Services, Inc.
    • VMT Holding, Inc.
    • Universal Streaming Technologies – USTA
    • TC Unterhaltungselektronik AG
  • Global news
  • Financial insights
    • Africa
    • Asia
    • Australia
    • Central Banks
    • China
    • Commodities
    • Europe
    • Banking
    • Corporate
    • Neobanking
    • Investment
    • Japan
    • South East Asia
    • Stock of the week
    • UK
    • US
  • Fin & tech
    • AI
    • Blockchain
    • Crypto
    • MSTRpay
    • Tech
  • Climate & energy
    • Climate
    • Carbon
    • Coal
    • Disruptive
    • Gas
    • Nuclear
    • Oil
    • Solar
    • Water
    • Waves
    • Wind
    • Renewable
    • South America
  • Lifestyle
    • Best chefs
    • Cocktail of the week
    • History
    • Influential women
  • WEX
    • Alt Kap Holding AB
    • Digital Network Holding, Inc.
    • Fantas-E AB
    • International Clean Energy Inc.
    • Intritum Partner Limited
    • Intritum Recycling GH Limited
    • MSTRpay AB
    • SWAP Services, Inc.
    • VMT Holding, Inc.
    • Universal Streaming Technologies – USTA
    • TC Unterhaltungselektronik AG
No Result
View All Result
newshub
No Result
View All Result
ADVERTISEMENT

Trump token dumps 31% despite doubts he’s behind the DJT token

2024/06/18/07:58
in Crypto
Reading Time: 2 mins read
245 8
A A
Trump token dumps 31% despite doubts he’s behind the DJT token
MSTRpay MSTRpay MSTRpay
ADVERTISEMENT

Trump hasn’t confirmed or denied ties to the DJT token but a blockchain analytics firm and industry leaders raised doubt that it was launched by Trump’s team.

MAGA (TRUMP) and other Donald Trump-related memecoins fell more than 30% amid rumours that Donald Trump’s team launched an “official” token on Solana.

“Per conversations, Trump is launching an official token” named TrumpCoin under the ticker DJT, Pirate Wires claimed in a June 17 X post to its 63,800 followers.

Pirate Wires claimed Trump’s 18-year-old son, Barron, was “spearheading” the token.

But Donald Trump’s team hasn’t confirmed the token launch and blockchain data firms such as Bubblemaps seem confident that DJT isn’t actually linked to the presidential candidate.

It noted around 67% of the supply is in one cluster and that 43% of the total supply is on Solana-based automated market maker Raydium.

Despite the widespread doubts, TRUMP fell 31% to $7.46 within a short four-hour window following the rumours, CoinGecko data shows.

More than $150 million has been wiped from the Make America Great Again-themed TRUMP market cap since the news.

TRUMP’s change in price over the last 24 hours. Source: CoinGecko

Smaller-valued Trump memecoins were hit even harder.

The Solana-based Donald Tremp (TREMP) memecoin fell 36.8% from $0.95 to $0.60 in a similar timeframe before rebounding to $0.76.

Interestingly, the Jeo Boden (BODEN) token linked to Trump’s main presidential rival Joe Biden fell over 22% too.

Meanwhile, DJT surged to a $120 million market cap on June 18 despite it being relatively unknown until now.

Data from Birdseye however shows the first lot of DJT tokens were minted on April 22.

While the industry awaits confirmation from Trump, several industry leaders expressed frustration at the possible perpetrators behind the token launch — as it comes at a time where presidential candidates like Trump, Biden and Robert F. Kennedy Jr have started taking the industry more seriously as the upcoming election nears.

.

Source: David Bailey

Source: Cointelegraph

Related Posts

‘Full porting Bitcoin’ could be Musk’s Trump card in escalating feud
Crypto

‘Full porting Bitcoin’ could be Musk’s Trump card in escalating feud

by newshub
18 hours ago

As tensions between Elon Musk and Donald Trump deepen following their highly publicised falling-out, speculation is mounting that Musk could...

Read moreDetails
Bitcoin Price and Ethereum Reverse Sharply

Bitcoin eyes $115K mark, but strong US jobs data poses threat

3 days ago
Trump memecoin wallet launch sparks chaos and family discord

Trump memecoin wallet launch sparks chaos and family discord

4 days ago
Bitcoin is trapped in a downtrend, but a ‘trifecta of positives’ screams ‘deep value

Bitcoin price dips under $104K as Russia-Ukraine woes rile US stocks

5 days ago
The Million-Dollar Bitcoin: A Speculative Journey

Bitcoin forecasts for 2025 range from steady climb to record highs

6 days ago
Potential Bitcoin price fall to $65K ‘irrelevant’ since central bank liquidity is coming

Bitcoin bulls see path to $130K—and possibly $1.5M

7 days ago
No Result
View All Result

Recent Posts

  • Dior appoints Jonathan Anderson as sole Creative Director in bold creative shift
  • Vasyl Malyuk: The ‘Bulldog’ behind Ukraine’s Spiderweb strikes on Russian airfields
  • ‘Full porting Bitcoin’ could be Musk’s Trump card in escalating feud
  • Giant ‘doomsday’ oarfish washes up on Tasmania’s remote west coast
  • Carney invites Modi to G7 amid unresolved tensions over Sikh activist’s killing

Recent Comments

    Archives

    • June 2025
    • May 2025
    • April 2025
    • March 2025
    • February 2025
    • January 2025
    • December 2024
    • November 2024
    • October 2024
    • September 2024
    • August 2024
    • July 2024
    • June 2024
    • May 2024
    • April 2024
    • March 2024
    • February 2024
    • January 2024
    • December 2023
    • November 2023
    • October 2023
    • September 2023
    • August 2023
    • July 2023
    • June 2023
    • May 2023
    • April 2023
    • March 2023
    • February 2023
    • January 2023
    • December 2022
    • November 2022
    • October 2022
    • September 2022
    • August 2022

    Categories

    • Africa
    • AI
    • An diesem Tag
    • Asia
    • Australia
    • Banking
    • Best chefs
    • Biden
    • Blockchain
    • Blockchain technology
    • Carbon
    • Central Banks
    • China
    • Climate
    • Climate & Energy
    • Coal
    • Cocktail of the week
    • Commodities
    • Corporate
    • Crypto
    • Deutsch
    • Deutsch PR
    • English PR
    • Europe
    • Financial insights
    • Focus on neobanking
    • Gas
    • Global news
    • Harris
    • History
    • India
    • Influential women
    • Invest and Rest
    • Italiano PR
    • Japan
    • Lifestyle
    • Metaverse
    • MSTRpay
    • Neobanking
    • News
    • newshub special
    • newshub-special
    • NFT
    • Nobel Prizes 2024
    • Nuclear
    • Oil
    • Press
    • Press releases
    • Pressroom
    • Renewable
    • Russia
    • Solar
    • South America
    • South East Asia
    • Stock of the week
    • Stocks
    • Svensk PR
    • Tech
    • Trump
    • Trump trials
    • UFO
    • UK
    • UK News
    • Ukraine
    • US
    • US politics
    • Waves
    • WEX
    • Wind

    Meta

    • Log in
    • Entries feed
    • Comments feed
    • WordPress.org

    Recent Posts

    • Dior appoints Jonathan Anderson as sole Creative Director in bold creative shift
    • Vasyl Malyuk: The ‘Bulldog’ behind Ukraine’s Spiderweb strikes on Russian airfields
    • ‘Full porting Bitcoin’ could be Musk’s Trump card in escalating feud
    • Giant ‘doomsday’ oarfish washes up on Tasmania’s remote west coast
    • Carney invites Modi to G7 amid unresolved tensions over Sikh activist’s killing

    Categories

    • Africa
    • AI
    • An diesem Tag
    • Asia
    • Australia
    • Banking
    • Best chefs
    • Biden
    • Blockchain
    • Blockchain technology
    • Carbon
    • Central Banks
    • China
    • Climate
    • Climate & Energy
    • Coal
    • Cocktail of the week
    • Commodities
    • Corporate
    • Crypto
    • Deutsch
    • Deutsch PR
    • English PR
    • Europe
    • Financial insights
    • Focus on neobanking
    • Gas
    • Global news
    • Harris
    • History
    • India
    • Influential women
    • Invest and Rest
    • Italiano PR
    • Japan
    • Lifestyle
    • Metaverse
    • MSTRpay
    • Neobanking
    • News
    • newshub special
    • newshub-special
    • NFT
    • Nobel Prizes 2024
    • Nuclear
    • Oil
    • Press
    • Press releases
    • Pressroom
    • Renewable
    • Russia
    • Solar
    • South America
    • South East Asia
    • Stock of the week
    • Stocks
    • Svensk PR
    • Tech
    • Trump
    • Trump trials
    • UFO
    • UK
    • UK News
    • Ukraine
    • US
    • US politics
    • Waves
    • WEX
    • Wind

    Archives

    • June 2025
    • May 2025
    • April 2025
    • March 2025
    • February 2025
    • January 2025
    • December 2024
    • November 2024
    • October 2024
    • September 2024
    • August 2024
    • July 2024
    • June 2024
    • May 2024
    • April 2024
    • March 2024
    • February 2024
    • January 2024
    • December 2023
    • November 2023
    • October 2023
    • September 2023
    • August 2023
    • July 2023
    • June 2023
    • May 2023
    • April 2023
    • March 2023
    • February 2023
    • January 2023
    • December 2022
    • November 2022
    • October 2022
    • September 2022
    • August 2022
    newshub

    © 2023-2025
    MSTRpay & PAXIT
    Legal & Disclosure

    • Global news
    • Financial insights
    • Fin & tech
    • Climate & energy
    • Lifestyle
    • WEX

    Welcome Back!

    Login to your account below

    Forgotten Password?

    Retrieve your password

    Please enter your username or email address to reset your password.

    Log In

    Add New Playlist

    No Result
    View All Result
    • Global news
    • Financial insights
      • Africa
      • Asia
      • Australia
      • Central Banks
      • China
      • Commodities
      • Europe
      • Banking
      • Corporate
      • Neobanking
      • Investment
      • Japan
      • South East Asia
      • Stock of the week
      • UK
      • US
    • Fin & tech
      • AI
      • Blockchain
      • Crypto
      • MSTRpay
      • Tech
    • Climate & energy
      • Climate
      • Carbon
      • Coal
      • Disruptive
      • Gas
      • Nuclear
      • Oil
      • Solar
      • Water
      • Waves
      • Wind
      • Renewable
      • South America
    • Lifestyle
      • Best chefs
      • Cocktail of the week
      • History
      • Influential women
    • WEX
      • Alt Kap Holding AB
      • Digital Network Holding, Inc.
      • Fantas-E AB
      • International Clean Energy Inc.
      • Intritum Partner Limited
      • Intritum Recycling GH Limited
      • MSTRpay AB
      • SWAP Services, Inc.
      • VMT Holding, Inc.
      • Universal Streaming Technologies – USTA
      • TC Unterhaltungselektronik AG

    © 2023-2025
    MSTRpay & PAXIT
    Legal & Disclosure