Real Trump Coins Denies Launching Trump Digital GOLD Token
Real Trump Coins has denied any involvement in the launch of the 'Trump Digital GOLD' token, which appeared on its online presence before collapsing. The X account associated with Real Trump Coins promoted the Solana-based token and directed users to a website, but later deleted the posts and linked to a separate domain, TrumpCoins.com.
The company claimed that it was working with authorities to investigate the matter and stated that it had not authorized or launched any digital tokens. This denial came after the Real Trump Coins X account promoted the token on Saturday and directed users to RealTrumpCoins.com, where GOLD was also advertised.
According to blockchain analytics platform Lookonchain, 15 wallets linked to the team sold their holdings for about $330,000, making an estimated $312,000 profit. The developer and newly created wallets controlled 82.45% of the token's supply during a highly concentrated launch.