Token

Donald Trump

TrumpCoin

Polymarket, a platform known for crypto-based prediction markets, has introduced speculation on the controversial $DJT token, irrespective of whether it is directly related to former president Donald Trump or not.&nbsp; 
The Bet, ‘Is $DJT real?’, <a href="https://polymarket.com/event/is-djt-real?tid=1718710583002" target="_blank" rel="noreferrer noopener nofollow">started</a> on June 18 and will continue till June 21. The bet has amassed almost $485,792.&nbsp; 
Participants in this prediction market must wager either ¢23.9 if they believe the $DJT token is genuine or ¢76.8 if they think it is not. Currently, Polymarket’s prediction market reflects a 24% likelihood that $DJT is a legitimate Trump Coin, although this percentage may evolve as more bets are placed and the market fluctuates. 
A June 17 post by Pirate Wires claimed that Trump is allegedly launching a token named TrumpCoin (DJT), led by his 18-year-old son, Barron. This speculation caused a significant impact on Trump-related memecoins, with MAGA (TRUMP) <a href="https://www.cryptotimes.io/2024/06/18/trump-memecoins-plunge-51-amid-djt-token-launch-rumors/" target="_blank" rel="noreferrer noopener">experiencing a dramatic 51% drop</a>, wiping out over $150 million from its market cap.&nbsp; 
The industry is now eagerly awaiting official confirmation or denial from Trump, highlighting the growing political focus on the cryptocurrency sector as the election approaches.

Crypto Lovers Bet on $DJT Token Riding on Trump Card

The Crypto Times

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