Real Trump Coins Denies Launching Gold Token Amid Rapid Collapse
Real Trump Coins has denied launching or authorizing the Solana-based Trump Digital GOLD token after promotional posts appeared on its X account and associated website.
The company attributed the promotion to unidentified third-party bad actors and stated that it was working with authorities to investigate the incident.
GOLD lost approximately 99% of its value after connected wallets sold 82.45% of the Solana token's total supply, worth around $1.01 million during sales combined.
The company denied authorizing GOLD and stated that it 'has not authorized and will not launch, promote, or authorize any digital token.'