'DJT' Solana Token Surges on Unconfirmed Report Trump's Behind It

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'DJT' Solana Token Surges on Unconfirmed Report Trump's Behind It
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Marc Hochstein is the executive editor of Consensus, CoinDesk's flagship event. He holds BTC above CoinDesk's disclosure threshold of $1K and de minimis amounts of other digital assets (details on profile page).

on the Solana blockchain, rallied as much as 180% Monday on an unconfirmed report that former U.S. president Donald J. Trump is behind it.

"Per conversations, Trump is launching an official token — $DJT on Solana," Pirate Wires, a maverick media outlet, posted on X . Mike Solana, the CMO of venture capital firm Founders Fund and editor-in-chief of Pirate Wires, posted a smart contract address in a reply to his publication's tweet"for visibility."

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