ChainCatcher report: According to GMGN market data, the Solana-based meme coin Trump Digital Gold (GOLD) experienced a drop of over 95% in market capitalization within one minute, with its current market cap falling to $1.8 million. The meme coin is promoted under the narrative of "Trump Digital Gold" and was announced via the official Twitter account @realtrumpcoins1, which specializes in promoting and selling official collectible coins and medals related to Donald Trump as an official partner of The Trump Organization. Due to the lack of additional details, the community has widely questioned the authenticity of this meme coin, with suspicions that the official Twitter account may have been compromised.
Meme Coin GOLD Drops 95% in One Minute
ChaincatcherShare
Summary
Meme coin news: Solana-based Trump Digital Gold (GOLD) lost over 95% of its value in one minute, with a current market cap of $1.8 million. The coin, associated with The Trump Organization through the @realtrumpcoins1 account, is now under scrutiny. Digital asset reports suggest the account may have been compromised, casting doubt on the project’s legitimacy. Community members are demanding greater transparency.
Source:Show original
Disclaimer: The information on this page may have been obtained from third parties and does not necessarily reflect the views or opinions of KuCoin. This content is provided for general informational purposes only, without any representation or warranty of any kind, nor shall it be construed as financial or investment advice. KuCoin shall not be liable for any errors or omissions, or for any outcomes resulting from the use of this information.
Investments in digital assets can be risky. Please carefully evaluate the risks of a product and your risk tolerance based on your own financial circumstances. For more information, please refer to our Terms of Use and Risk Disclosure.