Solana Memecoin ‘Trump Digital Gold’ Crashes 95% in One Minute Amid Hack Fears
BitcoinWorld Solana Memecoin ‘Trump Digital Gold’ Crashes 95% in One Minute Amid Hack Fears In a dramatic turn of events, the Trump-themed Solana memecoin ‘Trump Digital Gold’ (GOLD) saw its market capitalization plummet by over 95% within a single minute, according to GMGN market data.
The token’s value fell to approximately $1.8 million, leaving investors and observers questioning the integrity of the project and the security of its promotional channels.
Launch and Immediate Collapse The GOLD token was launched via the X account @realtrumpcoins1, which claims to be an official partner of the Trump Organization, selling collectible coins and medals.
However, the sudden and extreme price drop has raised suspicions that the account may have been compromised, with the token potentially being a fraudulent promotion.
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