PANews reported on Aug. 29 that the realtrumpcoins account, which is followed by Donald Trump, has launched a token called $GOLD. According to on-chain monitoring cited from Lookonchain, the developer holds 600 million $GOLD tokens. In addition, 15 newly created wallets spent a combined $18,657 to buy 224.5 million $GOLD. Based on those holdings, the team currently controls 82.45% of the token’s total supply. PANews also warned that the account is suspected of being compromised and urged users to remain cautious. The report said the information was provided for market reference only and did not constitute investment advice.
The realtrumpcoins account, which is followed by Donald Trump, has launched a token called $GOLD, according to a PANews report published on Aug. 29.
Team holds most of the token supply
Lookonchain said the developer holds 600 million $GOLD. It also found that 15 newly created wallets spent a combined $18,657 to acquire 224.5 million $GOLD.
Using those figures, the team currently controls 82.45% of the token’s total supply.
Account suspected of being compromised
PANews said the account is suspected of having been hijacked and advised users to stay cautious.
The report added that the content was provided for market information only and did not constitute investment advice.
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