# Trump’s “digital gold” token crash 95%

A Solana on-chain token “Trump Digital Gold” under the Trump concept crashed immediately upon listing, plunging 95% within minutes. It’s suspected to be a rug pull, with a hacker claiming they made $8.2 million from it.

The details are even more surreal: the account that promoted the coin was posted after a Trump-related account was hacked—meaning many buyers entered expecting “official endorsement.” In the end, the project team directly dumped and ran.

This kind of story gets repeated in crypto every year: celebrity concept + limited-edition narrative + on-chain launch. It’s a three-step playbook to harvest one wave after another. This time it’s Trump—next time, it could be any hot-button figure.

All the on-chain information is public. Before launch, you can avoid most traps just by checking the token holder distribution and whether liquidity is locked. Have you encountered a similar pump-and-dump before?
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