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Trump Digital GOLD Token Collapse | Bitcoin and Crypto News

Trump Digital GOLD Token Collapse | Bitcoin and Crypto News

Published 5 days, 23 hours ago
Description

A new crypto token called “Trump Digital GOLD,” backed by Donald Trump’s brand in 2024, crashed within hours of launch on Solana—its social media posts swiftly deleted, fueling suspicions of a scam. While the “Real Trump Coins” site still promotes it, promising to reinvest fees to boost its value, crypto experts warn of potential fraud, with theories pointing to hacked accounts or insider manipulation. Developers allegedly controlled 82% of the token supply and pocketed $312,000—a 17x profit—raising alarms about conflicts of interest as Trump pushes for crypto regulation. The White House denies wrongdoing, but this episode adds another layer of mystery to Trump-linked digital assets and who’s really pulling the strings.

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