On June 19, Arkham Intelligence announced a $150,000 bounty for exposing the deployer of DJT. A few hours later, ZachXBT claimed that Shkreli is the creator of the meme coin after he “panic” messaged the on-chain investigator. Screenshots shared by ZachXBT show Shkreli claiming that he has more than “1,000 pieces of evidence” proving the involvement of the 18-year-old Trump in the meme coin’s deployment. In addition, in an X Spaces on June 18, Shkreli claimed that the former U.S. President also approved the project and a total of 10 people were involved in its launch.
He even claimed that Trump has been discussing the potential listing of TrumpCoin with the Kraken crypto exchange. Despite the drama surrounding the meme coin, DJT surged by 29% in the past 24 hours and is trading at $0.015 at the time of writing. The asset’s market cap is currently sitting at $165 million with a daily trading volume of $9 million.