Real Trump Coins Denies Involvement in Controversial GOLD Token
- Real Trump Coins stated it did not authorize the launch of the Trump Digital GOLD token, attributing its promotion to “third-party bad actors.”
- The Solana-based token briefly appeared on RealTrumpCoins.com and was promoted via the Real Trump Coins X account before being deleted.
- Lookonchain reported that developers controlled approximately 82.45% of GOLD’s supply, with team wallets selling holdings for about $330,000.
- The Real Trump Coins X account had previously directed users to RealTrumpCoins.com as late as August 25, despite now linking to a different domain.
- Confusion arose among crypto observers regarding how both the X account and website could have been compromised.
The situation highlights potential vulnerabilities in cryptocurrency promotions and the importance of verification by investors before engaging with new tokens. The rapid profit from GOLD’s concentrated launch raises concerns about market manipulation.
Real Trump Coins has firmly denied any connection to the controversial token after its developers reportedly made an estimated $312,000 profit from sales. (Source)
