The Real Trump Coins brand hyped up the GOLD token, then quickly deleted all related posts on X. Right after, wallets tied to the project team dumped 224.5 million tokens. The price cratered by about 98%.

What went down

Before GOLD's massive price drop, Real Trump Coins was actively shilling the token out in the open. Suddenly, the team scrubbed every GOLD-related post from X. At the same time, wallets linked to the team unloaded huge amounts of tokens.

Team-linked token dumps

On-chain sleuths tracked wallets associated with the Real Trump Coins crew selling off 224.5 million tokens. The big sell-off happened right before the price nosedived.

Price action

The GOLD token's price collapsed by nearly 98%. After the posts vanished and the big token dumps hit the chain, the market reacted with a brutal sell-off.