August 29, realtrumpcoins' official X (Twitter) account hack: today the hacker's final tweet said that issuing GOLD generated profits of more than $8.2 million, and claimed that the funds would be used to offer bounties on relatives of U.S. President Donald Trump.

Earlier, according to reports by Israeli media, Iran's state TV aired a news segment describing how to contact U.S. President Donald Trump's son, Barron Trump, and mentioned a $10 million bounty. The roughly 3-minute broadcast showed locations and online platforms allegedly related to the associated actions, while also attempting to map the social connections around Trump's son and look for ways to infiltrate the U.S. Secret Service security system.

However, the accounts of related actions presented in the report largely rely on staged, illustrative diagrams, and provide no evidence that the so-called actions of contacting Barron Trump have any real-world basis.

A unlucky guy chased the price and bought a meme coin, GOLD, on the Solana chain—losing $62,100 in just seven minutes (about RMB 420,000). This coin wasn’t issued by anyone else; it was pushed directly by the realtrumpcoins account itself, the one reportedly noticed by U.S. President Trump. The coin’s price briefly plunged more than 90%. Before the bag-holders even had time to react, the account had already shrunk to the point where it was basically down to the toes.

GOLD’s story is nothing new: the project team mints the coin, holding roughly 82.45% of the token supply; retail traders rush in to buy the top and become the counterparty, concentrating the chips at this level. With holdings like that, price swings are basically determined by the project team. You think you’re buying consensus—when in reality you’re buying the liquidity that someone else is using to unload. The so-called Trump-themed coin is only riding the heat; the profit is all smoke.

This same套路 has been played countless times in the meme-coin crypto圈: rug-pull, hype, retail FOMO, a big whale cashing out, a price collapse, and leaving the people who stood guard at the top to remain alone and sober. The only thing “new” is that this time the speed of the haircut is insanely fast—just seven minutes to transfer wealth. In the world of digital assets, the most expensive lesson is often bought with real money.

Invest with caution—research and due diligence are indispensable!