RealTrumpCoins denies authorizing GOLD token after Solana meme coin collapse

  • RealTrumpCoins denied authorizing, issuing, launching, or promoting GOLD, attributing the posts to malicious third-party activity and investigating who used its X page.
  • GOLD’s market capitalization fell from about $55 million to $1 million in roughly 30 seconds after wallets controlling 82.45% of supply sold; reported peaks ranged from about $41 million to $66 million before the token approached $700,000.
  • Official Trump [TRUMP] rose 10.2% to $3.06 before retreating, with more than $13.57 million in liquidations, open interest down 6.4% to $279 million, and derivatives volume up 23% to $3.3 billion.

Real Trump Coins, also known as RealTrumpCoins, denied authorizing, launching, or promoting the Solana-based Trump Digital GOLD token after promotional posts appeared on the @realtrumpcoins1 X account and RealTrumpCoins.com. The company attributed the activity to unidentified third-party bad actors, said it was investigating who promoted GOLD from its X page, and said it was cooperating with relevant authorities. GOLD’s market capitalization briefly reached reported peaks of about $41 million to $66 million before falling nearly 99% toward $700,000; connected wallets sold a reported 82.45% of supply, with separate analyses estimating proceeds of about $1.01 million and $330,000 for different wallet groups. Confusion over a possible TRUMP 2.0 link briefly lifted Official Trump [TRUMP] 10.2% to $3.06 before it retreated, while more than $13.57 million in positions were liquidated. No public evidence tied GOLD to Donald Trump, his family, or the Trump Organization, and no regulator or law-enforcement agency has publicly identified the operators or officially classified the episode as fraud.

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