Trump-Linked Account Rugs GOLD Token for $312K Profit

An account followed by President Trump launched a Solana token called GOLD this week.

The token's launch looked routine at first as 15 newly created wallets spent just $18,657 to buy up 224.5 million GOLD tokens, giving insiders control of 82.45% of the supply.

Hours after the coordinated buy, realtrumpcoins quietly deleted the posts promoting GOLD, scrubbing its own trail.

The same 15 wallets then sold their entire 224.5 million-token position for 3,178 SOL, worth roughly $330,000 at the time, netting a 17x return and a $312,000 profit in a single coordinated exit.