Trump Linked Account Promotes New “$GOLD” Token Before Market Cap Collapses In Minutes

An account linked to Donald Trump’s merchandise operations posted promotional content for a new token called “Trump Digital GOLD,” triggering a rapid price spike followed by an equally fast collapse, according to social media reports and on chain trackers.

Promotional Post Sparks Sudden Token Surge

The account, known as realtrumpcoins1 and followed by Trump’s official account, shared a post encouraging followers to purchase the $GOLD token. Blockchain trackers reported that the token’s market capitalization surged dramatically within a short period following the post before the promotional message was later removed.

Rapid Price Collapse Raises Scam Concerns

According to unverified claims circulating on social media and cited by blockchain analytics accounts, the token’s value dropped sharply almost immediately after peaking, wiping out a significant portion of its market capitalization in a single trading candle. Reports also allege that a small group of wallets tied to the project sold a large majority of the token supply shortly after the price spike, a pattern commonly associated with so-called “rug pull” scams in the crypto industry.

Unverified Details Still Emerging

Claims regarding a potential account compromise, along with specific profit figures reportedly tied to the token’s creators, have not yet been independently confirmed through official statements or established news outlets. As with previous incidents involving Trump-branded or Trump-adjacent tokens, on-chain analysts continue investigating wallet activity tied to the launch.