Crypto KOL: The BARRON token is a common scam that may be forged from popular addresses for deployment or purchase

2025-01-20 18:55:22

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ChainCatcher news, crypto community KOL Nick Ford analyzed that the meme coin BARRON, named after Trump's youngest son, might be a common scam forged from popular addresses for deployment or purchase. Although on-chain it appears that the official Trump deployment is indeed buying BARRON, each purchase is for 0.01 SOL or 0.001 SOL, but checking the TX reveals that the transfers all come from the Barron PF creator wallet. Users can also see themselves listed in the from line in transactions made in their own wallets.

Nick stated: "Ultimately, none of this matters. The deployer of the Trump concept meme token DJT, Martin Shkreli, mentioned that the wallet seems familiar with Barron Trump's previous activities, which has sparked excitement in the market.

It's not a question of whether the coin is real, but rather the appearance of the entire event. Clearly, the market considers it real enough."

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