Barron Trump and DJT meme coin: What is the new controversy?

5 months ago 20
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Barron Trump

is the youngest son of

Donald Trump

and Melania Trump about whom the Internet is always curious. DJT (also the initials of Donald J Trump) meme coin is a mysterious Trump-inspired crypto coin which was launched in April on Solana blockchain platform. Both have an obvious link to Trump, but the newest rumor is that there is another link between the two: 18-year-old Barron Trump was behind

DJT meme coin

and he has amassed a huge amount of money ($200 million) through this.
Barron Trump, Martin Shkreli, DJT meme coin: What we know

  1. Infamous Martin Shkreli, also known as 'Pharma Bro', and the 'Most hated man in America' has claimed that he was behind the DJT meme coin. At an X (formerly known as Twitter) space, Shkreli said that he collaborated with Barron Trump to create the token and Andrew Tate pumped its price.
  2. There were rumors that DJT had backing from the Trump family as Donald Trump in a recent interview expressed his interest in crypto.
  3. Research firm Arkham then offered a $150,000 bounty to anyone who could prove the identity of DJT's creator. It was then that Martin Shkreli floated his story.
  4. According to a Fortune report, crypto sleuth ZachXBT claimed the prize by proving that Shkreli had created the token as part of an alleged pump-and-dump scheme.
    — ArkhamIntel (@ArkhamIntel)
  5. Cameron Roxburgh was another participant in the scheme who was a classmate of Barron Trump. But there is no evidence of Barron Trump being involved in this.
  6. After this big reveal, Shkreli joined a live chat on X and claimed that DJT would soon receive an endorsement from Barron Trump or any other Trump-world figure.
  7. Shkreli said he was surprised that the president's son approached him through a friends for a meme coin. Barron Trump apparently told Shkreli that his father had approved of the project.
  8. In the X Space, Shkreli was asked whether the token was created to raise fund for Donald Trump's presidential campaign. He said it was for Barron Trump.
  9. Shkreli's latest tweet on DJT meme coin was defiant. "I have nothing further to say on $DJT. You will see the official truth soon. I know I'm right and have zero to prove to any of you. Just wait and see," he wrote after he was accused of bluffing, engagement farming on social media.
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