DJT Surges on Trump Official Token Rumors, Arkham Offers $165K Bounty to Unmask Creator

Blockchain analytics agency Arkham Intelligence has introduced a $150,000 bounty for anybody who can definitively establish the creator of the Solana-based token DJT.

Blockchain analytics agency Arkham Intelligence has introduced a $150,000 bounty for anybody who can definitively establish the creator of the Solana-based token DJT, which noticed a dramatic 500% surge on Monday fueled by unsubstantiated rumors linking it to former President Donald Trump.

“$150,000 to the primary particular person to definitively show the id of the creator of $DJT,” Arkham posted on X on June 18. The bounty, which is able to stay energetic for eight days, might be paid in 100,000 Arkham (ARKM) tokens, valued at $1.50 every on the time of the announcement, in accordance with L3B7. ARKM is at present valued at $1.65, rising the worth of the bounty to $165,000.

Arkham’s bounty discover specifies that the proof should be unique and never sourced from the web. “Discover definitive proof of the creator of $DJT. We’ll settle for non-public proof for this bounty but when accepted, that proof might be made public,” the discover states. It additionally clarifies that merely linking to beforehand damaged information is not going to qualify for the reward.

In parallel, hypothesis continues to swirl on-line about whether or not Donald Trump or somebody from his household is behind the DJT token. The decentralized betting platform Polymarket has seen almost $1.7 million in wagers on whether or not the DJT token is genuinely linked to Trump. Presently, solely 17% of bettors are within the “Sure” camp. To win, they should present definitive proof by 11:59 PM ET on June 21; in any other case, the market will resolve to “No.”

The rumors that Trump is likely to be concerned with the DJT token have been initially sparked by a put up from tech weblog Pirate Wires, which claimed that Trump’s son, Barron Trump, spearheaded the token. Nevertheless, Pirate Wires supplied no detailed sources for these claims. Pirate Wires creator Mike Solana admitted he had not spoken straight with Trump and was merely reporting what he had heard from his sources.

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