RealTrumpCoins Denies Authorization of Digital Token, Investigating Malicious Activity

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realtrumpcoins has denied any authorization of the Trump Coins digital asset news, calling the claims “completely false.” The team is investigating the incident and collaborating with authorities to pursue legal action. Earlier, a digital collectibles news event caused the meme coin GOLD to surge to $66 million on Solana following a tweet from @realtrumpcoins1, only to plummet to $1 million within 30 seconds after the post was deleted.

ME News reports that on August 30 (UTC+8), realtrumpcoins posted a statement on X claiming that rumors regarding the launch, promotion, or authorized issuance of digital tokens by Trump Coins are "completely false," and that such information stems from malicious third-party activity. The team emphasized that Trump Coins has never authorized, nor will it ever authorize, launch, promote, or issue any digital tokens. The team is currently cooperating with relevant authorities to investigate the matter and will hold the responsible parties accountable. Previously, the meme coin GOLD was created on Solana yesterday. After @realtrumpcoins1 posted a tweet containing GOLD’s contract address, the token’s market cap surged to $66 million. The tweet was subsequently deleted, and GOLD’s market cap plummeted from $55 million to $1 million within approximately 30 seconds. (Source: ODAILY)

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