A Solana‑based token called Trump Digital GOLD, promoted by Real Trump Coins, a brand linked to former President Donald Trump, launched early Saturday and subsequently lost most of its value. Real Trump Coins advertised the token on X and its website, noting a 4% trading fee and a commitment to allocate 99% of fees to token buybacks in order to achieve a top‑10 market capitalization. Lookonchain reported that the development team held 600 million GOLD tokens, accounting for 82.45% of the total supply. The Real Trump Coins X account, which follows Trump’s official account, announced the launch and directed users to RealTrumpCoins.com. Lookonchain said that 15 wallets associated with the team purchased 224.5 million GOLD for $18,657 and later sold the tokens for 3,178 SOL, equivalent to about $330,000, yielding a profit of roughly $312,000. The sales drove the token’s market capitalization down from approximately $50 million to $500,000, according to DEX Screener. The X posts were deleted after the launch, prompting speculation about the token’s legitimacy. A Solana community member claimed the account had been hacked, while onchain analyst EmberCN described the token as a scam. Other commentators suggested Iranian hackers might have been involved. The episode occurs as Trump urges Congress to pass the CLARITY Act, legislation that would establish a regulatory framework for digital assets and clarify whether tokens are securities or commodities. Previous reporting has highlighted concerns that Trump‑affiliated crypto ventures have exposed investors to significant risk. The rapid decline underscores the risks associated with centrally controlled, low‑liquidity tokens and may influence ongoing regulatory discussions.