Trump Digital Gold (GOLD) Developer Liquidates 82.45% of Supply, Profit Reaches $1.01 Million
On August 29, monitoring by EmberCN revealed that the developer behind Trump Digital Gold (GOLD) sold their entire 82.454% stake in the token. The liquidation resulted in a profit of 9,784.6 SOL, approximately $1.01 million. The token was launched on Solana earlier that day, and the developer accumulated over 824 million tokens. Following a promotional post from a Trump-related account, the market capitalization briefly surged to $66 million. After the post was deleted, the developer initiated a massive sell-off, causing the market cap to plummet from $55 m