GOLD short-term crashes over 90%, user loses $62,100 in 7 minutes after buying at the top

Odaily News: The Solana ecosystem Meme coin GOLD plunged over 90% within a short period. According to on-chain data, one user suffered a loss of approximately $62,100 in just 7 minutes after chasing GOLD at its peak.

Earlier reports: The realtrumpcoins account, which has drawn attention from Trump, launched the GOLD token, with the team holding approximately 82.45% of the token supply.

Odaily reminds users that GOLD's token holdings are highly concentrated and its price is highly volatile. Users should be wary of FOMO sentiment and exercise caution regarding trading risks.