Trump-promoted brand touts GOLD before token collapse
A Solana token called “Trump Digital GOLD,” promoted by the Real Trump Coins brand linked to Donald Trump, collapsed within hours of launch. The brand’s X account posted about the token, then deleted the posts, while the website kept advertising GOLD with a 4% trading fee and a promise to use 99% of fees for buybacks. Blockchain data showed extreme supply concentration: the team reportedly controlled about 82% of tokens, and 15 wallets bought and then sold large amounts almost immediately. After the sell-off, GOLD’s market cap plunged from around $50 million to about $500,000. Analysts said the pattern looked like a rug pull, while others questioned whether the website or X account had been compromised. The episode adds to scrutiny of Trump-linked crypto ventures amid his push for crypto regulation.
