DJT has ceased operations, and this article clarifies the short-lived meme farce

author:Protos

Compiled by: Xiaobai Navigation Coderworld

Over the past few days, a chaotic saga involving Barron Trump, the Trump family, news outlets associated with Peter Thiel, Martin Shkreli, Arkham, and numerous other players has engulfed Crypto Twitter.

The following is a summary of the entire incident.

fuse

Initially, a “new media” platform associated with Peter Thiel Pirate Wires Trump's son Barron Trump will run the official Donald TrumpToken This news has caused suspicion and speculation, because the only evidence at the moment is a random addition by Michael Solana, the head of Pirate Wires.contractaddress.

Because at that timeTokenThe liquidity is very low.contractAfter the address was released, people's doubts about the authenticity of the project increased instead of decreased.

Afterwards Martin Shkreli Joining in the farce, heTweetClaiming that a certain Twitter account "looks like an official account" but again without providing any convincing evidence.

then Martin Shkreli 创建了一个名为“$DJT is real”的 Space，再次声称该代币是由 Barron Trump 推出的官方特朗普币，But still no evidence was provided.

The truth gradually surfaced

Soon after, many KOL accounts began to spread the news that Trump’s official token $DJT was indeed real.

Then, Martin Shkreli and Bo Loudon(one of Barron Trump’s best friends) joined another Space, Bo Loudon In Space, he said, "Barron was indeed partially involved in this project," but he quickly changed his words and said, "This is a rumor. I heard it from another friend."

Then Bo Loudon Deleted his tweet that read "$DJT is the only real Trump coin."

As the public sentiment towards $DJT declines, Martin Shkreli Becoming more active on Twitter, heTweetIt said that the Polymarket prediction market bet on whether Trump himself will participate in DJT would be judged as "yes" "by definition" by 100%.

soon, Martin Shkreli Almost all of the tweets and discussions revolve around the DJT token.

Want to take a gamble?

Martin Shkreli After publicly announcing the Trump family’s involvement in the DJT token, anotherBet, saying he was willing to bet with anyone who had the power on the Meme coin $DJT.cryptocurrencyinvestor Alex Wice If Martin Shkreli He could escrow the funds and was willing to bet $1 million that $DJT was fake.Martin Shkreli Say, "Take the bet, how high can you bid?"

But before this bet was established, a bigger whale intervened in the bet:Legendary Trader GCR proposeWilling to pay $100 millionand Martin Shkreli Betting on Donald Trump has nothing to do with this coin. Martin Shkreli Agreed to the bet and replied, "It's your way."

However, even if it finally involves Jordan Fish (@cobie)Such a well-knowncryptocurrencyfigure,GCR and Martin Shkreli The gambling agreement was not reached.There is no money held in escrow, no formal bet, and no final winner or loser.

All talk is empty talk

The bet was not finalized, but this did not prevent Martin Shkreli Claiming to have won the bet, and celebrating the "victory" GCR But as he celebrated his fake victory, the on-chain information tracking company Arkham TweetA $150,000 bounty is offered to the first person who can definitively prove the creator of the $DJT token.

In less than two hours, the chain detective ZachXBT A bounty application was filed for this reward, which seemed to Martin Shkreli Feeling a little panic.

According to ZachXBTTime ThreadLook, after he clearly submitted his bounty application,Martin Shkreli In a panic, he directly messaged ZachXBT and said that he participated in the creation of $DJT.

Afterwards Martin Shkreli He convened a Space again and publicly admitted for the first time that he participated in and createdXiaobai Navigation $DJT .

The beginning of the farce

After failing to get $100 million, being exposed as the founder of the token in an extremely embarrassing way, and tearing down the banner of "Trump family support", Martin Shkreli He took to Twitter again, spending nearly half a day in multiple Spaces desperately trying to convince anyone who would listen that he had indeed created this token with Barron Trump.

if Martin Shkreli If the words are really believable, then the whole story is this:

Martin Shkreli Working with a 17-year-old named Cameron, who was connected to Bo Louden and Barron Trump. Cameron allegedly contacted Barron and heard that Barron was interested in launching a meme coin before his brother Donald Trump, Jr. They requestedMartin Shkreli s help.

Martin Shkreli Using Chat-GPT, we discussed with many influential people in Crypto how to create good financial incentives and mechanisms.Martin Shkreli The code for this token was written and finally launched by Barron Trump.

The token has been quiet for a while as the three people associated with it are trying to convince various funds and investors to inject money into the project.Martin ShkreliHe said it was difficult to get anyone to commit to investing, but also said Barron Trump told him that Donald Trump himself supported the concept.

Martin Shkreli Insisting that he had little motivation to participate and had hardly purchased any tokens,I will never take advantage of those 17 or 18-year-old boys., and never wanted his involvement to be revealed.

Although these words may be true, it is hard to believe that Martin Shkreli I never wanted my involvement in this project to be revealed.After all, he was determined to use this token from the beginning.Authenticity, and repeatedly hinted that he had spoken to someone with inside information.

Martin Shkreli It was also claimed that Barron Trump initially leaked the project information to Pirate Wire But he also said that the information leaked earlier than they expected and the project was not ready to go live.

Until the end of yesterday, Martin Shkreli He is no longer sure whether Barron Trump will publicly confirm his involvement in the matter, and is "very hesitant to claim that Donald Trump will talk about this token.

The article comes from the Internet:DJT has ceased operations, and this article clarifies the short-lived meme farce

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