Trump-Linked Altcoin GOLD Implodes Overnight

A new altcoin called GOLD was launched within the Solana ecosystem with the theme 'Trump Digital Gold', but its price plummeted to zero overnight after a sharp rise in value. The token's launch from an official social media account linked to Donald Trump initially generated great interest, reaching a market capitalization of over $60 million within two hours.

However, claims emerged that the account may have been hacked, and the lack of further confirmation from the Trump family or The Trump Organization regarding the project has raised suspicions within the cryptocurrency community. Social media users suggested that the account may have been compromised by attackers.

The initial promotional post reportedly reached approximately 400,000 views before being deleted, along with subsequent posts from the account. The attacker also claimed that over $8.2 million in profits were generated with the launch of the GOLD token and that the funds obtained would be used for a bounty on the relatives of US President Donald Trump.