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.
Pepe (PEPE) has surged by 6.5% in the past 24 hours as trading volumes have increased by 60%. This meme coin has been one of the top-performing assets of its category in the past month with gains of 56.4%. Pepe is a favorite among traders based on the open interest of futures contracts linked to […]
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