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Donald Trump’s friend and former political consultant Roger Stone confirmed that Trump and his son Barron were not involved in the DJT Solana meme coin that recently made headlines.
This comes after rumors circulated that DJT, a month-old meme coin, was Trump’s official meme coin. Although the rumors were unproven, the speculation and hype still drove the coin’s market capitalization to $383 million. It eventually turned out that Martin Shrekli actually created the token. He claimed to have worked with Trump’s 18-year-old son, Barron Trump, to create the coins.
As doubts and rumors continued to swirl, Stone, a longtime Trump ally, took to Twitter to address the claims. “Neither (Donald Trump) nor his son Barron are involved in any way with DJT,” he said early Thursday.
The dismissal of his claims came just hours after Shrekli claimed Barron was involved on Twitter Spaces.
“We did this on (Barron’s) computer. He ran the program,” said the 41-year-old Pharma Bro. “We’ve been talking for 10 hours every day for the past week.”
He also said he spoke with cryptocurrency influencer Ansem to discuss how many tokens he would give to Trump. Shrekli claims that after originally pitching 70%, Ansem pushed back and suggested that this amount should be put into a liquidity pool rather than Trump’s wallet.
“Team Trump didn’t like it,” Pharma Bro said on Twitter Spaces. “It took about a week to prove Ansem right. Paradoxically, it made much more sense to reserve liquidity pools.”
The clip was posted to a thread by Twitter Spaces host Mario Nawfal. Stone, a Trump ally, broke his silence when he learned of this.
The question now is whether this comes close to the bet Shrekli recently entered.
On Tuesday, he made a $100 million bet with pseudonymous cryptocurrency trader GiganticRebirth, commonly referred to as GCR, claiming that DJT tokens were linked to the Trump family.
GCR set a rule that in order for the former president to win the bet, he had to personally say that he had released a token for Shrekli. Now that Trump’s former consultant claims he had no involvement, will GCR get his $100 million? Neither Shrekli nor GCR immediately responded. decryptionThis is a request for your opinion.
Despite all this, DJT rose 15% to $0.01747 after Stone’s tweet. In the last 24 hours, its market capitalization has risen by an even more impressive 87%, reaching $175 million.
Edited by Stacey Elliott.
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