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Trump Digital Gold token on Solana crashes 99% after insiders dump $1M in tokens.

Market News
30 Aug 2026
Blockonomi
View Source
Bearish
Trump Digital Gold token on Solana crashes 99% after insiders dump $1M in tokens.

A Solana-based token named Trump Digital Gold (GOLD) surged to a $66 million valuation before crashing nearly 99% within about 30 seconds due to coordinated selling by insiders holding over 82% of the supply. The token was promoted by a verified X account linked to Trump merchandise, but the Trump family denied any involvement. This event follows a pattern of politically themed token scams on Solana, where social media hype leads to rapid price spikes followed by massive sell-offs. Authorities have warned about such schemes, but no law enforcement action has been disclosed yet regarding this incident.

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Zcash price dips after rally amid debate over $95M developer fund's future

Zcash price dips after rally amid debate over $95M developer fund's future

Zcash (ZEC) price pulled back from a September peak near $1,590 to about $1,430, pausing after a strong rally. Institutional interest remains high, supported by Grayscale's Zcash ETF and a planned share split. The main issue is a debate over the Zcas...

Protocol Fundamentals
Neutral
4 hours ago
Ethereum breaks $2500 resistance, posts strongest Q3 since 2016 with 67.57% gain

Ethereum breaks $2500 resistance, posts strongest Q3 since 2016 with 67.57% gain

Ethereum (ETH) has surpassed the $2500 resistance level, trading at $2,716.86 after a 5.7% rise in 24 hours, marking its strongest third quarter since 2016 with a 67.57% gain so far. This recovery follows two negative quarters in early 2026 where ETH...

Market News
Bullish
4 hours ago
Chinese President Xi Jinping to visit U.S. with top American tech CEOs attending key dinner

Chinese President Xi Jinping to visit U.S. with top American tech CEOs attending key dinner

Chinese President Xi Jinping is set to visit the U.S. from Wednesday to Friday, with several top American tech executives like Microsoft CEO Satya Nadella, Nvidia's Jensen Huang, and Apple's Tim Cook attending a key dinner in Washington, D.C. The Chi...

Market News
Neutral
4 hours ago
FireFly Metals advances Green Bay copper project with bigger resource and strong economics for development

FireFly Metals advances Green Bay copper project with bigger resource and strong economics for development

FireFly Metals has transformed its Green Bay Copper-Gold Project in Canada from a promising discovery into a solid development opportunity by expanding its high-grade resource to 60.2 million tonnes of measured and indicated material and releasing a ...

Market News
Bullish
4 hours ago
Blue Owl Capital remains a Buy with stable credit and attractive yield despite rate hikes.

Blue Owl Capital remains a Buy with stable credit and attractive yield despite rate hikes.

Blue Owl Capital is still rated a Buy due to improved investor sentiment, stable credit quality, and supportive valuations, even amid macroeconomic and interest rate challenges. Redemption pressures are easing as loan repayments cover redemption requ...

Analyst Insights
Bullish
5 hours ago
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