It's no surprise the DJT crypto coin, also known as the "Save America" token, is a product of the dark mind of pharma-bro fraudster Martin Shkreli, who claims he helped Barron Trump launch it.
Even less surprising is that someone rug-pulled the coin when a wallet "holding around 20% of the supply of the $DJT Trump-themed memecoin suddenly dumped its holdings," reports Web 3 is Going Great. Now the incel MAGA supporters who bought the coin are displeased because the price dropped 90% and is now almost worthless.
From Protos:
Basically, all of the locked value — millions of dollars in Solana — was taken out by an unknown party. The rug-pull was first noticed and tweeted about by @tomkysar, though the tweets have since been deleted. The exit likely netted the rug-puller a couple of million dollars in Solana.
Immediately, numerous accounts began to accuse Shkreli of taking the money, but he's adamant that he wasn't involved and that only Barron Trump or Barron's best friend would be able to take the liquidity and run.
The DJT token is now down over 90% from all-time highs, currently trading for $0.0004. Whether there will be any ramifications — legal or otherwise — for anyone involved remains to be seen.
Previously:
• Convicted PharmaBro Martin Shkreli sued for allegedly copying rare Wu-Tang album
• Martin Shkreli weeps as he is sentenced to 7 years in prison
• Disgraced 'Pharma Bro' sued for leaking $4 million Wu-Tang Clan album
• Convicted PharmaBro Martin Shkreli sued for allegedly copying rare Wu-Tang album
• After boasting about running his company from prison, Martin Shkreli gets solitary confinement
• Would you trust your health to Martin Shkreli's AI fake doctor? Then head over to Dr Gupta!
• Martin Shkreli buying domain names of people who write about him
• Martin Shkreli buying domain names of people who write about him
• Martin Shkreli placed in solitary confinement
