An X account that passes through the Barron Trump’s communications team, a youngest son of the US president, Donald Trump, promotes a Token on the Ethereum Network.
The profile, which has all the characteristics of being malicious and fraudulent, Invite To users to invest in a Token called Mega, an acronym for “Make Ethereum Great Again” (“Let’s make Ethereum Grandeum again”, in Spanish), which is presented as an ERC-20 asset with an intelligent contract traceable in decentralized network explorers.
Besides, The project has an official website where Barron Trump identifies as his main driver.
The X account, identified as @barrontrumpog, is verified with a blue brand and followed by more than 60,000 people. Although this gives an appearance of authenticity, this verification does not guarantee the legitimacy of the account, since, since 2022, X allows the blue brand to be obtained by a premium x subscription Without requiring a strict identity verification (as a curious fact, there is a verified account of someone who claims to be the same God). This has allowed false accounts, such as the one presented as Barron Trump, obtain the badge, increasing the risk of deception for users.
This case adds to the growing warnings about fraud in the cryptocurrency market, especially in price increases periods.
According to on-chain information, the token mega contract has A maximum supply is 5,768,939 units. In addition, there is a record of 322 addresses that already have this asset.
The page establishes that the total supply is different, from 47 million mega and the intention is to sell those tokens in a 30 -day distribution period. In addition, it is said that half of all funds raised through the launch of the offer They will supposedly boost the growth of the Ethereum ecosystem. The other half will be used to boost liquidity to operate with Mega in the open market, according to the promise of the project.
Malicious
Despite the promises and everything that points on the website, the project in general has been pointed out as potentially maliciousraising the alerts of a possible scam (in addition to the fact that it is already misleading that is promoted as an official token by Barron Trump, when it is not).
Dd analysis, the analytical arm of the webacy firm, described as “an unstoping imitation of a project also called Mega”, warning users to avoid confusing it with legitimate tokens.
Webacy’s analysis also highlights that 90% of Mega’s supply is concentrated in the 10 main directions, which raises risks of market manipulation. In addition, the contract grants special privileges to certain users, such as the ability to coin new tokens, burn existing or modify the contract code. These factors increase distrust in the project.
Another firm, tokensniffer, granted To Token Mega an audit score of 0/100, indicating that it does not meet basic security criteria. According to its evaluation, the contract allows the owner to modify their behavior, How to disable sales, change rates or broadcast new tokens. Likewise, the Wallet of the project owner concentrates a substantial amount of tokens, which could significantly impact the price if they are sold.
Tokensniffer also pointed out an additional detail, which is the absence of a liquidity pool for Mega, which limits its negotiability and reinforces the suspicions of irregularities.
Human intervention
On the other hand, the project website, Getmegatrump.com, includes a “current progress” meter of the sale of the tokens mega, which marks 12%, at the time of writing this report.
An analysis of the source code of the page, carried out by cryptootics, revealed that This percentage was manually editedwhich suggests an intentional manipulation to generate trust among investors. This finding adds to the multiple alert signals about the legitimacy of the project.
Since the environment of Donald Trump there have been no official pronouncements about this fraud in the name of Barron Trump. Barron himself, 19, has not issued comments about it either.
The lack of information from the presidential family contrasts with the enthusiasm, doubts and support that the posts of @barrontrumpog have generated in X. Some users They express interest in the projectwhile others warn about the risks of investing in an asset with so many irregularities.
Alone two confirmed family memecoins
In the context of the cryptocurrency ecosystem, the only confirmed memecoins associated with the Trump family are Trump and Melania, as reported by cryptootics. These projects, although controversial, have been officially recognizedunlike Mega, which lacks verifiable support.
The proliferation of fraudulent tokens is not a new phenomenon. The upward markets, or “bull markets”, They are usually fertile terrain for scamssince investors, attracted by the promise of rapid profits, tend to lower their guard.
Mega’s case is not isolated. In recent years, numerous projects have used celebrities or political figures to generate interest, Just to disappear after raising funds.
For investors, the message is clear: the promise of rapid profits should not overshadow due diligence. Verify the authenticity of a project, review smart contracts and consult analysis of reliable signatures are essential steps to avoid falling into scams.
