The DJT meme coin, associated with former U.S. President Donald Trump, has surged 1,450% following unverified rumors that it might be Trump's official token. Initially reported by Pirate Wires, the rumor has not been confirmed by Trump or his representatives. Despite the surge, skepticism remains due to red flags such as the lack of a locked liquidity pool and high token concentration among top holders. Analysts urge caution, suggesting the possibility of a scam.
Disclaimer: Please note that the information provided in this article is based on the referenced research articles. It is essential to conduct further research and analysis before making any investment decisions. The cryptocurrency market is highly volatile, and investors should exercise caution and consult with financial professionals before engaging in cryptocurrency trading or investment activities.
