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Spoofed Trump X Account's GOLD Token Crashes 95% in One Minute After $60M Peak

COINOTAG·August 29, 2026·1 min read
Spoofed Trump X Account's GOLD Token Crashes 95% in One Minute After $60M Peak

A spoofed Trump-linked X account pushed the GOLD memecoin to a $60M market cap before a 95% crash in one minute. On-chain wallets sold 224.5M GOLD tokens during the collapse, highlighting the risks of fake endorsements in the memecoin market.

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