🚨 SPOOFED TRUMP ACCOUNT TRIGGERS 95% GOLD TOKEN CRASH 💥📉
A fake social-media account impersonating Donald Trump reportedly promoted a gold-linked crypto token, triggering a massive buying frenzy before the token collapsed by around 95%.
📊 Key Points:
• A spoofed account was used to promote the gold-linked token
• The token surged rapidly after the post
• It then crashed roughly 95%
• Investors were left facing severe losses
• The incident highlights the growing risks of fake celebrity/political endorsements in crypto
⚠️ Market Insight: This is another reminder that social-media posts should never be treated as proof of an official crypto endorsement. Fake accounts can create massive FOMO, attract liquidity and leave late buyers exposed to extreme losses.
🔥 Bottom Line: A fake Trump endorsement was enough to send a gold-linked token soaring — and then crashing 95%. Always verify the account before buying.
#Trump #GoldToken #ScamAlert #CryptoNews #CryptoSecurity $TRUMP
A fake social-media account impersonating Donald Trump reportedly promoted a gold-linked crypto token, triggering a massive buying frenzy before the token collapsed by around 95%.
📊 Key Points:
• A spoofed account was used to promote the gold-linked token
• The token surged rapidly after the post
• It then crashed roughly 95%
• Investors were left facing severe losses
• The incident highlights the growing risks of fake celebrity/political endorsements in crypto
⚠️ Market Insight: This is another reminder that social-media posts should never be treated as proof of an official crypto endorsement. Fake accounts can create massive FOMO, attract liquidity and leave late buyers exposed to extreme losses.
🔥 Bottom Line: A fake Trump endorsement was enough to send a gold-linked token soaring — and then crashing 95%. Always verify the account before buying.
#Trump #GoldToken #ScamAlert #CryptoNews #CryptoSecurity $TRUMP
