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Market
Will DJT token recover to at least 50% of its original market cap by end of 2024?
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Resolution / Starting Odds
Yes • 50%
No • 50%
Publicly available cryptocurrency market data from platforms like CoinMarketCap or CoinGecko
Story
DJT Token Crashes Over 99.99% Amid Major Sell-Off, Allegedly Involving Barron Trump and Martin Shkreli
Aug 6, 2024, 08:42 AM
The newly launched cryptocurrency token DJT, allegedly involving Barron Trump and Martin Shkreli, has experienced a dramatic decline. The token, which was created on the Solana blockchain, plummeted over 99.99% according to reports. This significant drop occurred after a single wallet sold $2 million worth of the token, causing its market capitalization to fall from approximately $50 million to less than $5 million. The DJT token, also known as TrumpCoin, saw a 92% drop in the last four hours and a 90% decline overall. The sudden sell-off by a holder of 20% of the token's supply is believed to have triggered the crash.
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