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The price of Trumpcoin has plummeted by 55% in the past 24 hours and is currently trading at $0.01212 as of 03:06 AM EST.
The STRUMP token started to move higher after Martin Shkreli claimed to have co-created it with Donald Trump’s son Barron.
Shkreli and his associates reportedly hyped the meme coin within 24 hours before dumping their internal holdings following reports that the token was backed by Donald Trump himself.
Shkreli, the notorious "drug tycoon" who served years in prison for financial crimes, has now hopped on X-Space to tell the world that he is the creator of DJT.
He was convicted of two counts of securities fraud and one count of conspiracy in federal court in 2017. He was sentenced to seven years in prison and fined more than $70 million.
Under increasing pressure, Martin Shkreli admitted that $DJT was his project for the night.
Martin was sentenced to prison during President Trump's administration. Trump said of Martin at the time:
"He looks like a spoiled brat. I think it's a shame."
Martin Shkreli was convicted of two counts of securities fraud and one count of conspiracy in federal court in 2017 and sentenced to seven years in prison and a fine of more than $70 million.
He is now a DJT creator on Solana!
@MagaHAT_ETH is a movement for the people, not these…
Trumpcoin Price Prediction: Speculations on whether DJT is a fake Trump coin
The DJT price is in a bearish trend and is consolidating inside a descending parallel channel. According to the outlook, DJT bulls are attempting to defend the $0.01169 support level. However, the bears are in control and the coin may slide.
If the above support level is breached, the Trumpcoin price could extend its decline and create new price range lows. The worst-case scenario would be a retest of the $0.00500 psychological support level, which is nearly 60% below the current level.
On the other hand, if the bulls grab the buying opportunity, the Trumpcoin price might rebound. However, DJT will become attractive only if it crosses the $0.02939 threshold, which is 150% above the current level.
Meanwhile, new Solana memecoin Sealana (SEAL) raised $5 million in its ICO and is now offering investors a last chance to buy in before its presale closes in about six days.
YouTube channel 99Bitcoins, which has 700,000 subscribers, said SEAL has 100-fold potential after launch.
SEAL powers the Sealana ecosystem. It is based on a fat seal that has completely immersed itself in the Solana Ocean. Once sturdy and agile, Sealana has become addicted to the Degen trade, abandoning the original aspirations of his youth and subsisting on a diet of potato chips and canned tuna.
Get ready to soar like Seala!
Those interested in the project are encouraged to buy SEAL tokens now at $0.022 each before it’s too late.
Visit and purchase Sealana.

Trumpcoin Price Prediction DJT Plunge 55 Martin Sikori Claims He is Co-Creator and This $5 Million Solana Rival Offers Last Chance to Buy
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