GOLD Team Controls 82.45% of Supply, Raising Sell-Off Risk
Lookonchain reported that realtrumpcoins, an account followed by Donald Trump on X, launched the GOLD token. The developer holds 600 million GOLD, while 15 newly created wallets spent about $18,700 to acquire 224.5 million GOLD. Together, these wallets control 82.45% of the total GOLD supply, creating a high risk of market manipulation, sudden selling and extreme volatility. The account was also suspected of being compromised, and its launch post was reportedly deleted soon afterwards. Traders should verify the GOLD contract, liquidity, wallet activity and distribution before taking a position. The GOLD launch currently represents a risk warning rather than a bullish catalyst.
Bearish
The GOLD token has a strongly concentrated ownership structure. The developer and 15 newly created wallets control 82.45% of supply, leaving limited tokens in public circulation and increasing the risk of price manipulation. In the short term, any insider selling could trigger a sharp drop, while thin liquidity could amplify volatility and slippage. The reported account compromise and deleted launch post may further weaken trader confidence. In the longer term, sustained selling, limited distribution and uncertainty over the project’s legitimacy could damage GOLD’s market stability. Although speculative traders may briefly push the price higher, the dominant risk profile is bearish.