🌍 CRYPTO MARKET UPDATE

Trump Digital Gold Crashes 98% in Hours After $330,000 Rug Pull

Trump Digital Gold crashed 98% hours after launch. On-chain data shows 15 team-linked wallets sold $330,000 in GOLD. The post Trump Digital Gold Crashes 98% in Hours After $330,000 Rug Pull appeared first on . Trump Digital Gold (GOLD) lost 98% of its value within hours of launching on Solana (SOL) Saturday. A verified merchandise account that Donald Trump follows promoted the token. The token peaked above $50 million in market value early in the day. It now sits near $770,000, according to DexScreener. Blockchain analytics firm Lookonchain says wallets tied to the team sold first. Its bio calls it an official partner of the Trump Organization. Lookonchain, a firm that tracks wallet activity on public blockchains, flagged the supply structure early. The developer held 600 million GOLD, while 15 new wallets spent $18,657 on another 224.5 million. realtrumpcoins( @realtrumpcoins1 ), which is followed by @realDonaldTrump , has launched a token called $GOLD . Notably, the developer holds 600M $GOLD , and 15 newly created wallets spent $18,657 to buy 224.5M $GOLD . The team currently controls 82.45% of the total supply. Be… pic.twitter.com/7ZU8bfndzk — Lookonchain (@lookonchain) August 29, 2026 Those addresses together held 82.45% of supply. Half an hour later, the same 15 wallets sold everything for 3,178 SOL, worth about $330,000. Late buyers absorbed that selling, echoing similar retail losses before . Two Different Domains Tell the Story The now-deleted promotion named one destination. It’s time to redefine what DIGITAL GOLD means… GET YOUR $GOLD NOW: realtrumpcoins.com,” The account’s bio points elsewhere, to trumpcoins.com . That store sells medallions and works normally.

🕒 Updated: 29 Aug 2026 06:11 UTC

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