S&P 5007,711.76▼0.2% Nasdaq26,402.42▼0.5% Dow53,560.00▼0.0% Russell 2K2,972.37▼1.4% 10-Yr4.72%+5bp VIX14.43−0.08 WTI$83.44▼0.1% Gold$4,504.10▼2.3% EUR/USD1.159▼0.6% BTC$77,693▼3.2% Nikkei66,132▼0.2%
At close · Sat, Aug 29, 2026
Daily Market Updates.

Crypto

Home›Crypto›Market Structure›Trump-promoted token fell about 99% after GOLD-related…

Trump-promoted token fell about 99% after GOLD-related posts were removed

Cointelegraph says wallets linked to the token team sold 224.5 million tokens as the token's market value dropped roughly 99%.

Reported · Written up by our desk · Market Structure

A Cointelegraph story says a Trump-promoted crypto brand tied to a token called GOLD was promoted online, then associated posts were deleted shortly before the token’s value collapsed.

According to Cointelegraph, team-linked wallets sold 224.5 million tokens as GOLD’s market value fell by about 99%.

Cointelegraph also reports that the promoters deleted related posts on X after promoting GOLD with links to the Real Trump Coins branding.

Latest closeGold $4,504.10 ▼2.3%

← Newer storyKuwait signs military pact with Pakistan as Iran threat persists

More like this

CryptoBitGo buys NYDIG’s institutional trading arm to expand derivatives
CryptoBitcoin miners diverge from BTC as data-center businesses gain weight
CryptoBitcoin slips after failed $81,000 breakout, $77,000 in focus
CryptoPolygon Labs tells node operators to upgrade after Austin and Kyoto
CryptoDormant Bitcoin wallets last active since 2011 move $40 million

Sources

CointelegraphTrump-promoted brand touts GOLD before token collapse

Get the close, explained.

One email every trading day: what moved, why it moved, and what's on deck tomorrow. Read in 3 minutes.

Free. Unsubscribe anytime.