Real Trump Coins denies launching GOLD after token collapse
Real Trump Coins has denied launching, promoting or authorizing the Trump Digital GOLD token that briefly appeared across its online presence before collapsing, blaming the promotion on “third-party bad actors.”
The denial came after the Real Trump Coins X account promoted the Solana-based token on Saturday and directed users to its website, where GOLD was also advertised. The X posts were later deleted, while the account now links to a separate domain.
The statement follows a highly concentrated GOLD launch, with Lookonchain reporting that the developer and newly created wallets controlled 82.45% of its supply. According to the blockchain analytics platform, 15 wallets linked to the team sold their holdings for about $330,000, making an estimated $312,000 profit.
While the Real Trump Coins X account bio linked to a separate domain, the account was still directing customers to its website as recently as Aug. 25 in a post that remained online at the time of publication.
At the time of publication, the website still displayed the GOLD promotion. Trump also continued to follow the Real Trump Coins X account, one of 53 accounts he followed on the platform.
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
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