Flash News

Trump's digital gold token is 99% suspected to have crashed

The Trump digital gold token fell 99 per cent after reaching a market value of nearly $60 million. The extension account for the token was accused of running, leading to a sharp fall in market value from nearly $60 million to about $600,000 in a few minutes. According to the chain data, approximately 82.45 per cent of the coin supply is concentrated in internal wallets. The incident raised concerns about encryption projects using the name of Trump, which had earlier warned that unauthorized coins should be considered fraud。

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