Trump Digital Gold Token Crashes 99% After a Suspected Rug Pull
CoinPedia · Published Aug 29, 2026, 3:09 AM EDT
Article Summary
The Solana based Trump Digital Gold (GOLD) token crashed more than 99%, with traders accusing the project of a rug pull after a compromised promotional account was used to push the launchThe GOLD token quickly reached a market cap of nearly $60 million before collapsing to about $600,000 in just a few minutes.
This article appears to be broader market context rather than a single-asset story.
What Happened
The Solana based Trump Digital Gold (GOLD) token crashed more than 99%, with traders accusing the project of a rug pull after a compromised promotional account was used to push the launchThe GOLD token quickly reached a market cap of nearly $60 million before collapsing to about $600,000 in just a few minutes.
Why It Matters
It may matter as broader market context rather than a single-asset catalyst. CoqiLabs groups this article under Market Structure to help readers understand the related market theme.
Market Context
Published by CoinPedia. Category: Market Structure. Published Aug 29, 2026, 3:09 AM EDT.
This article appears to be broader market context rather than a single-asset story.
Sentiment Read
Market tone for this article appears negative. This article is shown for market context only and is not financial advice.
Original Publisher
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