🚨 $GOLD.US crashes nearly 99% after a suspected insider dump.
The Solana-based Trump Digital GOLD token was promoted by the Real $TRUMP Coins account before its market value collapsed from roughly $50–60 million to less than $1 million within hours.
On-chain analysts reported that the developer and associated wallets controlled approximately 82.45% of the token supply. Fifteen newly created wallets reportedly sold around 224.5 million GOLD tokens for 3,178 $SOL , worth about $330,000 at the time.
The wallets reportedly turned an initial investment of about $18,657 into approximately $312,000, according to blockchain-tracking reports.
The promotional posts were later deleted, and some reports suggested the account may have been compromised. Neither the account holder nor the Trump Organization had independently confirmed all the details at the time of reporting, so this should be described as a suspected rug pull or insider-linked dump, not a proven conclusion.
This is another reminder: a famous name, verified-looking account, or viral promotion does not guarantee legitimacy. Always check contract ownership, wallet concentration, liquidity locks, and on-chain activity before buying newly launched tokens.
#CryptoNews #Solana #MemeCoins #RugPull #CryptoSafety
The Solana-based Trump Digital GOLD token was promoted by the Real $TRUMP Coins account before its market value collapsed from roughly $50–60 million to less than $1 million within hours.
On-chain analysts reported that the developer and associated wallets controlled approximately 82.45% of the token supply. Fifteen newly created wallets reportedly sold around 224.5 million GOLD tokens for 3,178 $SOL , worth about $330,000 at the time.
The wallets reportedly turned an initial investment of about $18,657 into approximately $312,000, according to blockchain-tracking reports.
The promotional posts were later deleted, and some reports suggested the account may have been compromised. Neither the account holder nor the Trump Organization had independently confirmed all the details at the time of reporting, so this should be described as a suspected rug pull or insider-linked dump, not a proven conclusion.
This is another reminder: a famous name, verified-looking account, or viral promotion does not guarantee legitimacy. Always check contract ownership, wallet concentration, liquidity locks, and on-chain activity before buying newly launched tokens.
#CryptoNews #Solana #MemeCoins #RugPull #CryptoSafety
