Crypto
Solana's Trump Digital Gold Token Implodes in Spectacular Rug Pull
The Solana-based token Trump Digital Gold (GOLD) crashed by an astonishing 99% in a matter of minutes, leaving traders accusing the project of a suspected rug pull.
The token quickly reached a market cap of nearly $60 million before plummeting to about $600,000. This drastic decline occurred after a compromised promotional account was used to push the launch of the GOLD token.
Fake Trump social media accounts were also created to promote the token, which is now trading at a fraction of its original value.