Arkham Intelligence Launches $150K Bounty to Uncover the Creator of Trump-Linked DJT Token

The crypto world is buzzing with a high-stakes whodunit! Arkham Intelligence, a prominent blockchain analytics firm, has thrown down the gauntlet, offering a staggering $150,000 bounty. Their mission? To definitively identify the mastermind behind the Solana-based token DJT. This token ignited a crypto frenzy earlier this week, skyrocketing by up to 500% on Monday fueled by rampant, yet unverified, rumors of a connection to none other than Donald Trump.

The DJT Token Mania: Rumors and Riches

Imagine a meme coin surging hundreds of percent in hours simply based on whispers! That’s exactly what happened with DJT. The speculation that Donald Trump or someone within his inner circle might be the creator sent the token’s value into orbit. Adding fuel to the fire, decentralized betting platform Polymarket saw a massive influx of bets – a whopping $1.7 million – wagered on the burning question: Is Trump really behind DJT?

But is there any solid proof? So far, it’s all smoke and mirrors. This lack of concrete evidence is precisely why Arkham Intelligence stepped in, turning this crypto curiosity into a high-reward investigation.

“Fuck it, we ball”: Arkham’s Bold Bounty

In a tweet that perfectly captures the crypto spirit, Arkham Intelligence declared, “Fuck it, we ball. $150,000 to the first person to definitively prove the identity of the creator of $DJT.”

Fuck it, we ball.

$150,000 to the first person to definitively prove the identity of the creator of $DJT. pic.twitter.com/zE9jERgrG4

— Arkham (@ArkhamIntel) June 18, 2024

This isn’t just pocket change; it’s a serious incentive for crypto sleuths and blockchain detectives to put their skills to the test. The bounty, set to run for eight days, is offered in 100,000 Arkham (ARKM) tokens. At the time of announcement, this crypto prize was valued at approximately $1.65 per ARKM, according to CoinStats. That’s a hefty sum for cracking this crypto case!

The Rules of the Game: Claiming the $150K Prize

Arkham Intelligence isn’t just handing out money for any guess. They’ve laid down clear rules for claiming this bounty:

• Definitive Proof Required: You need to provide irrefutable evidence of the creator’s identity. Speculation won’t cut it.
• Original Source is Key: The information must be original and not just regurgitated news from elsewhere on the internet. Being the first to link to an existing news article won’t win you the prize.
• Private Submissions Accepted (But Will Go Public): You can submit your proof privately to Arkham. However, if your submission is accepted and you win the bounty, your proof will be made public for transparency.

This is a call to action for serious investigators – think of it as a crypto treasure hunt with a very real and substantial reward!

Blockchain Sleuths Enter the Arena: ZachXBT Joins the Hunt

It didn’t take long for prominent figures in the crypto investigation space to jump into the fray. Notably, the renowned blockchain sleuth ZachXBT has already submitted his findings. While the details of ZachXBT’s submission remain under wraps for now, his involvement adds significant weight and credibility to this bounty hunt.

Already submitted https://t.co/F4o71JT258

— ZachXBT (@zachxbt) June 18, 2024

With ZachXBT, known for uncovering crypto scams and illicit activities, on the case, the pressure is on to find the real creator of DJT.

Betting on Trump’s Crypto Play: Polymarket’s Pulse

Beyond the bounty, the crypto community is actively placing bets on the authenticity of the Trump-DJT connection. Decentralized betting platform Polymarket is the epicenter of this speculation, showcasing nearly $1.7 million riding on whether the DJT token is truly “real” – meaning linked to Trump.

'Trump coin' DJT on Solana?

If you know anything please DM me

I will treat you nicely pic.twitter.com/rFf8RGjV9d

— Martin Shkreli (@MartinShkreli) June 18, 2024

Interestingly, the odds seem to be stacked against the Trump connection. Currently, only 17% of the total bets are in the “Yes” camp. For those betting “Yes” to win, definitive proof must emerge by 11:59 PM ET on June 21st. If no proof surfaces by then, the market will resolve to a resounding “No.”

The Origin of the Rumor: Pirate Wires Sparks the Fire

The initial spark for the Trump-DJT rumor can be traced back to a post on X (formerly Twitter) by tech blog Pirate Wires. They claimed the rumor was “spearheaded” by Trump’s son, Barron Trump, citing vague “conversations” as their source. However, Pirate Wires didn’t disclose who these conversations were with, leaving room for skepticism.

yeah no i didn't speak with Trump directly, just reporting what I know via sources, sorry to be so complicated https://t.co/7m27y26j9X

— Mike Solana (@micsolana) June 17, 2024

When pressed for more details, Pirate Wires creator Mike Solana admitted he “didn’t speak with Trump directly” and was merely “reporting what I know via sources.” This ambiguity has fueled further debate and the need for concrete evidence, which Arkham Intelligence is now actively seeking.

DJT Token Price Volatility: A Crypto Rollercoaster

Reflecting the uncertainty and speculative nature of the rumors, the DJT token’s price has been on a wild ride. Currently trading at 0.016, DJT is down a significant 50% from its peak of 0.036 on Tuesday, according to Birdseye. This price correction underscores the inherent risks associated with meme coins and the power of unsubstantiated rumors in the crypto market.

The Clock is Ticking: Can You Solve the DJT Mystery?

Arkham Intelligence’s $150K bounty is a clear signal: the crypto community wants answers. Who is behind DJT? Is there a genuine Trump connection, or is this all elaborate hype? The next few days are crucial. With blockchain sleuths like ZachXBT on the case and a hefty reward on the table, the truth about the DJT token creator might soon be revealed. Stay tuned to see if this crypto mystery gets solved and who will claim the $150,000 prize!