A Solana token promoted through the verified X account and website of Real Trump Coins briefly reached a market capitalization of about $66 million on Aug. 29, 2026, before losing roughly 99% of its value after wallets controlling more than 82% of supply sold. Real Trump Coins, a licensed physical gold-and-silver merchandise brand operated under a Trump name, image and likeness agreement by JBCZ Group LLC and promoted by President Trump in 2024, denied launching, promoting or authorizing the Trump Digital GOLD token, blamed unidentified third-party bad actors and said it was working with authorities. On-chain data showed the developer and 15 newly created wallets controlled about 82.45% of supply before connected wallets sold roughly 824.54 million GOLD for about 9,784.6 SOL, or roughly $1.01 million. The token later traded near $0.0497 with a market capitalization of about $97,000 as of Aug. 31 at 10:00 a.m. UTC. GOLD is separate from the official TRUMP memecoin and World Liberty Financial, underscoring how political branding can create perceived legitimacy even when blockchain concentration is the clearest warning.