GOLD Team-Linked Wallets Dump 224.5M Tokens After Rug, Banking $312K Profit

GOLD Team-Linked Wallets Dump 224.5M Tokens After Rug, Banking $312K Profit

N
News Editor
2026-08-29 04:40:27
Fifteen newly created wallets linked to the GOLD meme coin team have fully exited their positions after the project's rug pull, selling 224.5 million GOLD tokens for 3,178 SOL worth roughly $330,000. The move netted approximately $312,000 in profit, a 17x return on investment. On-chain data shows the team still holds a significant amount of GOLD, keeping supply highly concentrated. Separately, the realtrumpcoins official Twitter account was compromised earlier today; the hacker's final post claimed the GOLD launch generated over $8.2 million and said the funds would be used as a bounty targeting relatives of US President Trump. The attack is suspected to have been carried out by Iranian hackers.

Fifteen newly created wallets tied to the GOLD meme coin team have sold their entire holdings following the project's rug pull. The wallets offloaded 224.5 million GOLD tokens for 3,178 SOL, valued at roughly $330,000. That exit netted approximately $312,000 in profit — a 17x return.

On-chain data indicates the team still controls a large amount of GOLD, leaving market supply heavily concentrated.

The development comes after the official realtrumpcoins Twitter account was hacked. In its final post published today, the attacker claimed the GOLD launch had generated more than $8.2 million and stated the funds would be used to place bounties on relatives of US President Trump. Iranian hackers are suspected of carrying out the intrusion.

This article was originally published by Bit.Fan. For more cryptocurrency news and market insights, visit www.bit.fan.
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