A Trump-linked crypto brand promoted its new GOLD token before wallets tied to the launch reportedly sold about $330,000 worth, sending the token down 99%. The on-chain activity is what makes this story stand out. Lookonchain reported that the developer and associated wallets controlled roughly 82.45% of the supply. Fifteen newly created wallets then sold 224.5M GOLD for 3,178 SOL, worth around $330,000 at the time. The result was brutal: GOLD’s market cap reportedly fell from around $50M–$60M to roughly $500K–$600K within hours. That doesn’t automatically prove who was behind the wallets or that the Trump family itself participated. In fact, the project’s authenticity remains disputed, and Eric Trump previously warned that unauthorized Trump-related coin claims were fraudulent. But the concentration of supply and subsequent selling raise serious questions. When a token’s insiders control most of the supply, the biggest risk isn’t volatility, it’s who gets to decide when the exit begins. #BTC Price Analysis# #TRUMP $TRUMP $XAUt
