According to BlockBeats, on August 29 the initial promotional tweet for meme coin GOLD was deleted, and the token's market capitalization dropped to $600,000. The official realtrumpcoins account then posted a message reading: "Regarding the handling situation, please invest and stand by." That follow-up post was also deleted shortly afterward. As of now, all GOLD-related content has been wiped from the realtrumpcoins account, pointing to the possibility that the official account has regained control. Community members warned that a project appearing to be linked to a website or a link does not equal official confirmation. They cited Eric Trump's earlier statement that "nobody is issuing coins, otherwise it is fraud," and urged investors to wait for clear endorsement before making any moves. Chinese-speaking communities and multilingual groups broadly advised against blind FOMO, telling people to wait for confirmation. BlockBeats reminded users that meme coins are highly volatile, most have no actual use case, and users should avoid FOMO.
The initial promotional tweet for the meme coin GOLD has been deleted, sending its market cap down to $600,000, according to BlockBeats.
On August 29, the official realtrumpcoins account posted: "Regarding the handling situation, please invest and stand by." That follow-up post was also removed shortly afterward. As of now, all GOLD-related content has been wiped from the account, apparently the official account has regained control.
Community members warned that a project appearing to be linked to a website or a link does not equal official confirmation. They cited Eric Trump's earlier statement that "nobody is issuing coins, otherwise it is fraud," and urged investors to wait for explicit endorsement before acting.
Chinese-speaking and multilingual communities broadly cautioned against blind FOMO, saying people should wait for confirmation. BlockBeats reminded users that meme coins are highly volatile, most have no real use case, and users should avoid FOMO.
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