律动BlockBeats|Aug 29, 2026 03:53
[Meme Coin GOLD 'Goes to Zero,' Drops Over 95% in One Minute]
BlockBeats News, August 29: According to GMGN market data, the market cap of the Solana ecosystem Meme coin Trump Digital Gold (GOLD) plummeted over 95% within one minute, now down to $1.8 million. This Meme coin, themed around 'Trump Digital Gold,' was launched via the official Twitter account @realtrumpcoins1, which is dedicated to promoting and selling official Trump-related collectible coins/medals. The account is an official partner of The Trump Organization.
Due to a lack of further details, the community has widely questioned the authenticity of this Meme coin, with suspicions that the official Twitter account may have been hacked. As of now, the related tweets remain on the @realtrumpcoins1 account and have garnered nearly 400,000 views. Community members have cautioned that any perceived association between the project and websites/links does not equate to official confirmation. They also referenced Eric Trump's previous statement that 'No one is issuing coins; otherwise, it’s fraud,' urging people to wait for clear endorsements before taking action.
The Chinese and multilingual communities have broadly advised, 'Don’t blindly FOMO' and 'Wait for confirmation before considering.' BlockBeats reminds users that Meme coin markets are highly volatile and most lack practical use cases. Please avoid FOMO.
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