Trump Digital Gold’s Solana-based GOLD token briefly reached a $66 million market capitalization after realtrumpcoins1 promoted its contract address on X. The account markets Trump-branded collectible coins and describes itself as an official Trump Organization partner, but the post was later deleted as questions emerged over whether the account had been compromised. GOLD’s market capitalization then plunged from about $55 million to $1 million within 30 seconds. Addresses linked to the alleged scam group held 824.54 million GOLD, or 82.454% of total supply, acquired through pre-allocation and post-launch purchases. The addresses sold their entire position for about 9,784.6 $SOL, worth approximately $1.01 million. Lookonchain separately identified 15 newly created wallets that spent $18,657 to buy 224.5 million GOLD and later sold for roughly 3,178 $SOL, or about $330,000, producing an estimated $312,000 profit. One trader who bought near the peak reportedly lost about $62,100 within seven minutes. The episode illustrates why market capitalization can overstate a token’s practical strength: it multiplies the latest price by total supply but does not measure the liquidity available for exits. The CFTC (U.S. derivatives regulator) has warned that social-media promotion can draw traders into thinly traded tokens before organizers sell into demand. The collapse highlights the importance of checking holder concentration, liquidity depth, newly funded wallets, insider activity and supply control before trading a fast-moving token. A related item flagged CodexField as a potential $85 million rug pull.