Trump-Themed GOLD Rug Pull Shows How Viral Pumps Trap Traders
- GOLD plunged from a $55M market cap to $1M in just 30 seconds after the post vanished.
- Linked wallets controlled 82.454% of the GOLD supply before selling for about $1.01M.
- Fifteen new wallets turned $18,657 into about $330,000, earning roughly $312,000.
Trump Digital Gold turned Saturday’s social-media attention into a rapid collapse, showing how viral memecoin rallies can leave late traders with almost no exit. The 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. However, the post was later deleted, while questions emerged about whether the account had been compromised. Soon afterward, GOLD’s market capitalization fell from about $55 million to $1 million within…
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