According to a previous report by Zombit, the Solana ecosystem meme coin DJT (HRw8mqK8N3ASKFKJGMJpy4FodwR3GKvCFKPDQNqUNuEP), which was rumored to be issued by Trump himself, is now widely discussed in the community. However, it seems that some have suffered huge losses due to Fomo, chasing hotspots.
According to information shared by on-chain data analyst Lookonchain, it appears that a certain on-chain address set the slippage too high, spending 2,500 SOL (approximately $342,000) but only receiving 91,705.6 DJT (approximately $91,705.6). Shortly after, it was immediately sold, only exchanging for 4.91 SOL (approximately $673), resulting in a loss of over $340,000 within a minute.
