Hype around a supposed Truth Social meme coin launch has been firmly shut down by Trump-affiliated organizations, following a viral post that sent meme coin circles into a frenzy.
The speculation kicked off when Crypto Banter host Ran Neuner claimed on X that a meme coin tied to Trump’s social media platform was imminent. The post, which hinted at ties to the same team behind the $TRUMP token, quickly ignited interest from traders eager to ride the next election-season crypto wave.
But the buzz didn’t last long.
Truth Social officially dismissed the rumors, and so did World Liberty Financial (WLFI), the Trump-aligned DeFi initiative. Both labeled the reports false, warning followers not to fall for opportunistic scams. Donald Trump Jr. joined in, stating bluntly that “there’s no truth whatsoever” to claims about a Truth Social coin.
Despite the clear denials, confusion lingered online. Some users noted the presence of “$DJT” in Truth Social’s display name on X, fueling speculation that a ticker-like reference might hint at a future crypto release. Others pointed to past comments from Trump Media’s CEO, Devin Nunes, who previously floated the idea of a utility token tied to platform engagement.
Ethereum (ETH) has gone up by nearly 10% today on low trading volumes as the rally has entered price zones that offer little resistance. ETH currently sits at $2,681 per token and, with just 12% more to go to reach $3,000, the question in most traders’ minds is: is ETH going to break out above […]
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