The Collapse Of The Trump-themed “DJT” Token By Martin Shkreli

Quick Summary:

The token "DJT” themed Trump, issued by Martin Shkreli, has suffered a drastic drop of 90% after a single wallet sold tokens worth 2 million dollars.

Furthermore, a large holder of DJT had made profits by selling tokens worth approximately $830,000 from a wallet that also contained tokens of Shoggoth.ai, another project by Shkreli.

As anticipated, the value of the DJT token, created on the blockchain of Solana and inspired by Donald Trump, has plummeted by 90%.

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Article Details

Author / Journalist: Sofiya

Category: Crypto

Markets: IndiaUnited States

Topics: Collapse Trump-Themed Latest News DJT News Token Martin Shkreli

Source Website Secure: Yes (HTTPS)

News Sentiment: Negative

Fact Checked: Legitimate

Article Type: News Report

Published On: 2024-08-07 @ 05:18:34 (16 hours ago)

News Timezone: GMT +8:00

News Source URL: bitcoinworld.co.in

Language: English

Article Length: 567 words

Reading Time: 4 minutes read

Sentences: 25 lines

Sentence Length: 23 words per sentence (average)

Platforms: Desktop Web, Mobile Web, iOS App, Android App

Copyright Owner: © BitcoinWorld

News ID: 21965573

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