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Trump-promoted brand touts GOLD before token collapse

Cointelegraph·August 29, 2026·1 min read
Trump-promoted brand touts GOLD before token collapse

Real Trump Coins promoted GOLD before deleting related X posts, while team-linked wallets sold 224.5 million tokens as its market value fell about 99%. The token collapse highlights risks in celebrity-endorsed crypto projects. Promoters deleted social media posts amid the sell-off, leaving investors with significant losses. The incident underscores the volatility and potential for manipulation in the memecoin space.

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